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Generally, there are five major factors to consider when choosing a broker and they are:

1. Level of regulation: You need to know if the broker is subject to the regulations of the Central Bank of Nigeria and if they operate accordingly. A lack of regulation should be a red flag and set off alarm bells in your mind.
2. Trading platform: How does the trading platform look? Is there a registration number on the website that can be verified? Is a demo account available where you can test strategies and other account features?
3. Currency pairs being offered: What kind of currency pairs does the broker have on offer? Is it just the minor pairs or exotic pairs that have low liquidity? Are major pairs that have high liquidity and are more profitable available?
4. Account features: how are charges and commissions deducted and what are the percentages? What kind of leverage and margin accounts are offered? And what are the terms of deposit and withdrawal? 
5. Customer service: Is the customer service reliable? Can they provide succinct answers to your inquiries?

Continue Reading at Identifying Fake Forex Brokers in Nigeria

Brokers usually do not attach specific requirements for the withdrawal of bonus profits because they are purely derived from the trader's hard work.

So if you focus on withdrawing this bonus profit, you will benefit more because you can make a profit from the extra money and not be burdened by the obligation to trade some ridiculously huge lots.

Continue Reading at How to Avoid Bonus Withdrawal Problems

There are several checklists that a broker should have. Those are

• Company
• Website
• Trading terminal
• Liquidity
• Office
• Personnel

Continue Reading at What You Need to Know Before Starting Your Own Brokerage

A-book broker is where orders go directly to the market, while B-book is where orders remain in the company.

A-book companies usually get profits from the spreads and commissions, whereas B-book companies get profits from a financial outcome (everything that a trader lost, the company gained, and vice versa).

Continue Reading at Exposing Forex Broker Secrets