How to select a Brokerage firm

  Selecting a brokerage firm is very important,why because

• Brokers are available for even 1 percentage brokerage offer,We should not select the high percentage asking broker.
• We should give importance to the brokers chart option,We should confirm whether the chart is more reliable for doing technical analysis.
• We should select the broker who is ready to give good support and guidance.
• We should ensure that how much money can transfer from our bank to their platform and vice versa.For example:If we bought A BIG LOT then we have to transfer huge fund for fluctuation purpose.If the broker cannot allow the sufficient fund accordingly at once then the traders will be in problem.That particular stock may square off.
• If the traders gain or lose,the brokers will earn for every transaction,So if the transaction goes down some brokers(not all) providing fake calls to reach the every day target.BEWARE OF SUCH CALLS.
• Do technical analysis your own
• Many foreign brokers,Example: www.ifcmarkets.com,providing MT4,platforms for practicing and online chat support for free.
• Hence trading with commodity is a risk factor but we can do it when we are confident on our technical analysis.