Picking the right broker
It is extremely important to pick the right broker. If you trade with a bad broker, your money isn't save, trading costs are high and you might not even be able to withdraw your money.
I currently use a broker that fits the following criteria which I deem as safe and essential for trading FX and CFD's.
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Low cost
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Regulated by FCA, ASIC and EU (known as the best regulators)
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Easy to use
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Easy to deposit and withdraw with various methods
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Great customer support
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Separated funds (your funds are stored outside the broker, so should a broker become insolvent, you get your money back.)
Vantage Markets has been around for more than 13 years, has won many awards and is known for low trading costs and access to many markets other brokers don't offer. They have 30 offices worldwide and more than 2000 employees.
Benefit for Dutch traders: they provide iDeal for deposits, which makes it easy and instant. Withdrawals are also very fast.
Use the link below to start the sign up process, after opening an account you can create a demo or live account.
IMPORTANT: Vantage Markets offers a "standard STP" and a "hedge STP"account. From my research and conversation with Vantage Markets, the Standard STP account will suit most traders and will make sure that their overall trading costs are lower.
Honest disclosure:
I will get a small compensation when users trade through the broker mentioned above.
This does not affect my objectivity: I work with this broker because it fits my criteria.
Trading involves substantial risk and may result in the loss of capital.