Broker Selection Criteria

Academy course material · Live Account Transition Guide

Course Notes

Lesson Overview

In "Live Account Transition Guide" → "Pre-Live Preparation", this lesson "Broker Selection Criteria" builds knowledge you can apply immediately.

Prioritize regulation (FCA, ASIC), segregated funds, transparent spreads, and withdrawal track record. Compare swap, min lot, and support—avoid unregulated bonus traps.

Core Concepts

These points align with the video walkthrough—take notes as you watch.

▸Prioritize regulation (FCA, ASIC), segregated funds, transparent spreads, and withdrawal track record.
▸Compare swap, min lot, and support—avoid unregulated bonus traps.

Practical Application

After studying, complete the companion practice lesson to move from understanding to doing.

▸Validate concepts on MT4/MT5 demo
▸Mark structures/indicators mentioned on live charts
▸Log operational steps in your trading journal

FAQ

▸Q: How does this lesson fit the course? A: Part of "Pre-Live Preparation"—follow the curriculum order.
▸Q: What do I need? A: Demo account and notes; quant lessons need a Python environment.
▸Q: How do I know I've mastered it? A: Pass the quiz and explain three key points of Broker Selection Criteria on your own.

Key Takeaways

•Prioritize regulation (FCA, ASIC), segregated funds, transparent spreads, and withdrawal track record.
•Compare swap, min lot, and support—avoid unregulated bonus traps.
•Apply "Broker Selection Criteria" correctly in practice
•Complete the module quiz and keep study notes

Completion records your own study, not verified competence. Exercises use fictional data; no real account or deposit is required.

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