When choosing forex trading brokers, your primary concerns include best possible trade execution, reliable back office functions, and competitive prices.
You need best possible trade execution to keep slippage as small as possible, which plays a role in profitability of any trading system.
For short-to-medium range trading strategies, slippage (the price you were quoted vs. the price you actually get from the market) can change the profitability of such system profoundly.
Because of the popularity of stock market trading, stock brokerages execution capabilities are measured weekly by such companies as Keynote (the Keynote Broker Web Transaction Performance Index shows the average response times and success rates for creating a standard stock-order transaction on selected brokerage Web sites).
Unfortunately, there are no similar services for forex brokerages.
What I've found useful, is to go to forex discussion forums and discussion groups (such as those at groups.google.com) and reading the user reviews of forex brokers. For some brokerages, you'll find that the trade execution capabilities are not up to what you'd want.
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