In order to trade forex, you need to use the services of a retail forex broker. And since you’ll be depositing your hard-earned money, you need to DYOR and make sure the company is legit.

Let’s review the questions that you should consider:

• Is it a real company?

• Where is it located?

• Who runs the company?

• Can you contact the company?

• Is your money handled safely?

There is one last question that you should consider that’s crucial.

Is the forex broker licensed and regulated? 

This topic is so important that it deserves its own lesson