Which broker is the best for trading, please tell me the best broker in Indonesia or from overseas?? because I experienced a loss with one of the brokers
@ Julius:
Regarding overall trading results (profit or loss), if you have used a profitable trading system and have tested it in a demo account but more often experience losses or it doesn't match the performance of the trading system you are using, then it is possible you are trading with a dealing desk broker.
Please read:
Understanding Dealing Desk Brokers and Non-Dealing Desk (NDD) Brokers
Regarding brokers from abroad, we recommend choosing brokers that are already regulated by internationally credible regulatory bodies, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.
Credible regulatory bodies are those that have been tested and internationally recognized, and provide strict sanctions to brokers if they are found to violate agreed-upon terms. These regulatory bodies are also responsible for the security of client funds.
We do not provide recommendations for specific brokers. Please check the list of several brokers at Forex Broker Reviews
The important thing is, you look at the specifications of each broker in detail (both those from abroad and those in Indonesia), such as minimum deposit, types of accounts provided, deposit and withdrawal methods, facilities provided, whether hedging is allowed or not, and others. Adjust to what you want, and try trading in a demo account first.