Do you prefer to work with new or established company?
I believe Forex is a business full of risk, therefore we should work with company that’s proven and that’s why I prefer Vinson Financials since they are well-established and popular company and have been servicing in this industry for past 11-12 years and apart from been highly established, it is also having great features to work with and that includes low spreads, high leverages plus lovely educational setup, so all is really great with them especially if one is starting up career here!
It’s hardly rocket science; I mean why will anyone wish to invest with broker that’s new? I can’t find any logical reason really. I believe if we’re really serious of success then go with reliable and reputed broker, it’s absolutely stupid to go with new comers. I work with OctaFX broker, it’s well-established company with been regulated plus a true ECN as well, so that easily gives me great benefits and allows me to work nicely with gaining profits consistently.
Yeah of course, it’s absolutely necessary to work established company, it’s simply too risky for anyone to work with new company or one that’s not reputed. I am glad that I work with FreshForex because they are completely established with been in the industry for over a decade now! The biggest benefit is their offers which are absolutely master piece!
I prefer to broker that’s reputed and have clean history and that’s why my choice is OctaFX only, it’s one of the best brokerage houses in the world and have excellent conditions that help up with performance in great way, so that’s why I am always able to perform well and even with lesser knowledge and experience, it’s especially through the gigantic rebate scheme that gives 50% back on trading orders which is irrelevant to final outcome to really help me.
I think everyone agrees that new broker can cause serious damage especially if we’re going for investment; I believe we should always go with freebies if we really wish for new companies, but I have suffered a lot in early part of my career with Etoro, so I won’t dare to go with new companies.
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