Before you choose a broker and start your trading career, it might be a good idea to do a little ground research. You wouldn’t want to be caught in a situation where the “fine print” kills you. I am of the opinion that all broker services are good because it does not make any sense at all to offer lousy service! But the problem arises when the trader and the brokers have 2 different set of information. This comes about when the trader does not do the proper homework before plunging into opening an account. The basic research you have to do on a broker centers on 2 thing (1) the pip spread and (2) reliability. While this might seem simple and straightforward it is actually rather complex. Let us cover these 2 factors in more detail.

More: continued here