What a broker does
A broker provides the trading platform, prices, leverage and the account that holds your money. Brokers earn from spreads, commissions and other fees.
What to check
- Regulation: which regulator licenses the entity you will actually be a client of.
- Costs: spreads, commissions, swaps and deposit or withdrawal fees.
- Deposits and withdrawals: which methods work from Tanzania and how long withdrawals take.
- Platforms and the quality of customer support.