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Choosing the
Choosing the right broker
When trading, choosing the right broker is key. Here are things you should be looking out for when choosing the right broker.
  1. Competitive: Low spreads and fair commissions are industry standards.
  2. ECN Accounts: Access to Electronic Communication Network (ECN) accounts for improved liquidity.
  3. Easy Demo Accounts: Convenient access to risk-free demo accounts for skill development.
  4. Regulatory Compliance: Operating under strict regulators ensures security and investor protection.
  5. 24/7 Customer Service: Round-the-clock support for prompt issue resolution.
  6. Fast Withdrawals and deposits: Expedient withdrawal processes for hassle-free transactions.
  7. Stellar Reputation: Positive reviews on platforms like Trustpilot and FPA.
  8. Multi-Platform Connectivity: Compatibility with MT4, MT5, and cTrader.

For anywhere else in the world be sure to sign up with our preferred broker of choice. We chose Blueberry markets because it has extremely low spreads and execution speeds, NO commission on gold which is the primary pair we trade and is regulated by EU laws. If you use our link you will receive your first trade for FREE or gain a 20% trading credit on your account. Visit the link for more information and terms and conditions of the offer.

If you're inside the USA, you probably won't be able to trade with a regulated broker to trade gold on a high leveraged account, which is needed for our style of trading. Although some offshore non-regulated brokers can be trusted, we currently do not have a recommendation for you. Do your own research and take your own risks. We are currently in search for the best broker to recommend to our American friends. So be sure to sign up for our email list or keep up with our social media if you want to get updates on that. 
Leverage, in the context of financial markets or trading accounts, refers to the practice of using borrowed funds to amplify the potential returns of an investment. It allows traders and investors to control a larger position in the market, with a smaller amount of capital. Leverage is typically provided by brokers or financial institutions, and is commonly expressed as a ratio, such as 1:50, 1:100, 1:500 or even 1:1000. I personally trade with a 1:500 leverage but anything above 1:100 should be fine. This allows us to make larger gains/losses with smaller movements in the market, which is perfect for an experienced scalper.
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1
Welcome to Controller FX!

2
Forex Trading: Understanding the Global Currency Market

3
Technical Analysis

4
Taking Trades

5
Fundamental Analysis & Sessions

6
Psychology

7
Choosing the Right Broker

8
See You Tomorrow!

Block Quote
Choosing the
Choosing the right broker
Beginner Guide
Choosing the Right Broker
Choosing the right broker
Choosing the Right Broker
When trading, choosing the right broker is key. Here are things you should be looking out for when choosing the right broker.
  1. Competitive: Low spreads and fair commissions are industry standards.
  2. ECN Accounts: Access to Electronic Communication Network (ECN) accounts for improved liquidity.
  3. Easy Demo Accounts: Convenient access to risk-free demo accounts for skill development.
  4. Regulatory Compliance: Operating under strict regulators ensures security and investor protection.
  5. 24/7 Customer Service: Round-the-clock support for prompt issue resolution.
  6. Fast Withdrawals and deposits: Expedient withdrawal processes for hassle-free transactions.
  7. Stellar Reputation: Positive reviews on platforms like Trustpilot and FPA.
  8. Multi-Platform Connectivity: Compatibility with MT4, MT5, and cTrader.

For anywhere else in the world be sure to sign up with our preferred broker of choice. We chose Blueberry markets because it has extremely low spreads and execution speeds, NO commission on gold which is the primary pair we trade and is regulated by EU laws. If you use our link you will receive your first trade for FREE or gain a 20% trading credit on your account. Visit the link for more information and terms and conditions of the offer.

If you're inside the USA, you probably won't be able to trade with a regulated broker to trade gold on a high leveraged account, which is needed for our style of trading. Although some offshore non-regulated brokers can be trusted, we currently do not have a recommendation for you. Do your own research and take your own risks. We are currently in search for the best broker to recommend to our American friends. So be sure to sign up for our email list or keep up with our social media if you want to get updates on that. 
Leverage, in the context of financial markets or trading accounts, refers to the practice of using borrowed funds to amplify the potential returns of an investment. It allows traders and investors to control a larger position in the market, with a smaller amount of capital. Leverage is typically provided by brokers or financial institutions, and is commonly expressed as a ratio, such as 1:50, 1:100, 1:500 or even 1:1000. I personally trade with a 1:500 leverage but anything above 1:100 should be fine. This allows us to make larger gains/losses with smaller movements in the market, which is perfect for an experienced scalper.
Have you completed this module?