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Hi guys, hi from Andrea Unger.

How to choose the broker?

This question is often asked and obviously, there are many answers to such a question.

The first thing to do is to choose somebody who is supposed to do what you want him to do, it's very clever, very smart.

Yes but actually you have to ask yourself: "On what markets, what instruments do I want to trade?".

This is the first question and the answer to this already drives you somewhere.

The answer might depend on the level of your capital dedicated to trading.

If you are not willing to dedicate a big amount of money, you are sort of compelled to choose a broker offering Forex and CFDs.

If you want to work with $2,000, you need somebody who allows you to trade ForEx or CFDs, just because on these markets you can scale down your position as much as you need.

So actually you have to choose among all the Forex brokers out there and if you want to trade futures because you have a large amount of money to dedicate to trading you have to choose a broker offering futures and you have also to identify what markets you want to trade.

Do I want to trade Italian futures? Do I want to trade Eurex Germany? Do I want to trade the CME Globex futures or maybe I want to trade the Hong Kong futures or Nikkei or KOSPI or Kuala Lumpur or whatever.

So actually if you have something that works on some markets, make sure the broker you choose offers access to those markets, this is pretty much obvious but not always it is verified as a starting point and then sometimes when it's too late we adapt our way to operate on other markets which we did not intend to trade as a first choice.

Technology!

Is the technology of the broker good enough?

How do I know?

You have to read reviews, there are plenty of reviews on the internet and today we have very broad access to the Internet.

So read the reviews, investigate, read and try to understand if it's the brother of the broker writing a review or if there are serious reviews about how things work and also try to identify if the answer is from somebody who is in line with your needs.

If the answer comes from, for example, a high-frequency trader who wants a millisecond execution, not necessary that might be what you are looking for.

So maybe if, even if that guy is skeptical about the technology of the broker, maybe for your needs the broker is still good, so try to properly summarize what you read.

So the technology, market assets, and technology have to be good and then obviously the most important thing: is my money in good hands?

Is my money safe?