Jul 9, 2018
How To Choose The Best Forex Broker (with the new rules)
In episode 151 of the Desire To Trade Podcast, I am joined by Trent Hoerr to discuss how to choose the best forex broker.
We discuss how to choose a broker for U.S. residents. In addition, we cover new regulations in the U.K. for Forex traders & brokers.
Trent is a financial market professional with global experience. He believes in honesty and hard work, which in my opinion are the staples of good business. Hard work will see tasks and objectives through, while honesty is the staple of long-term relationships. These two practices have allowed Trent to achieve success as a runner, commodities trader, and a broker.
Trent Hoerr was also featured in episode 29 of the podcast on choosing your Forex broker.
He works for Forest Park FX...
With an experienced staff of industry professionals, Forest Park FX specializes in creating custom FX brokerage and trading solutions for retail traders, service providers, institutional traders, money managers and hedge funds.
Forest Park FX offers a wide variety of value-adding services, including market access through the world's top Forex brokers, cash back rebates for retail traders, built-to-specification trading algorithms, administrative and operational support for money managers and customized liquidity for hedge funds and high volume traders.
I decided to bring back Trent on the show as he's one of the most knowledgeable persons I know to discuss Forex brokers.
With the new regulations being applied in Europe (July 2018) and other brokers stopping their services to Canadian residents, I thought it would be great to get a new perspective on how to choose the best Forex broker again if you've been impacted by these recent events.
Resources Mentioned
- SPONSORED: Shoot an email to Jerremy Newsome
- Pick Your Forex Broker: Interactive Map from Forest Park FX
DesireToTRADE Top Resources
- Desire To TRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist (free checklist!)
- One-Page Trading Plan (free template!)
- DesireToTRADE Academy (exclusive training program)
How To Find Trent Hoerr?
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!