Some folks tend to choose brokers who offer a lot of bonus promotions or who offer to get started with very low trading deposits. Perhaps, you might have already seen brokers allowing to trade with ten bucks or even a smaller amount. There’s no wonder about it because many brokers offer to work with so-called cent accounts. From my point of view, such trading accounts are absolutely worthless because they have much in common with demo accounts. You can’t learn trading when using very small amounts. You aren’t afraid of losing them. As a result, you can’t train your psychology.
I prefer to deal with veteran brokers. These are reliable companies who earn from spreads, so they don’t need to offer bonuses or very low deposits. That’s the sign that they cater to serious investors.
I trade with one of such brokers. That’s HYCM. I like its trouble-free trading process. I’ve been trading with this company for three years and I know that’s the place where I can withdraw money at any time. It gives me peace of mind and I don’t want to look for alternatives.
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