Should I Switch Forex Broker?

The desk’s 60 second check

Should I Switch Forex Broker?

Most traders stay on the wrong broker far too long. Answer seven honest questions about your current broker and the desk will tell you straight: stay put, review it, or switch.

1. Regulation

Is your current broker regulated by a top-tier authority (FCA, ASIC or CySEC) on the entity you use?



2. Withdrawals

Are your withdrawals always smooth, with no delays, friction or problems?



3. Costs

Are your spreads, commissions and swap fees genuinely competitive for the way you trade?



4. Platform

Does your platform have everything you need, the charts, tools and order types you actually use?



5. Protection

Do you know which entity you are under, and that the protection fits your country?



6. Value

Are you confident you are not overpaying for analysis or tools you could get elsewhere for free?



7. Overall fit

Taken together, does your broker still fit the way you trade today?