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Any good brokers with proper leverage / cent account for EU residents

Jun 19, 2020 at 11:35
28 Replies
Member Since Jan 27, 2015   13 posts
Jun 19, 2020 at 11:35
Hi Guys ..

I have been in forex for a couple of years now and thusfar I have had accounts with Tickmill, Roboforex , XM , and some other brokers but these three are the ones I traded with for a longer time and live and not demo ..
Recently roboforex won't allow skrill anymore to deposit or withdraw ,
and as a EU Resident XM flatout wont let me open an account with leverage higher then 30 anymore which is impossible for the EA i run

So since the ESMA ruling i'm looking for a reliable broker that still gives me a good leverage ,and the possibility to use cent accounts ..
( The EA i am using needs to be run on a big balance account .. in that aspect a cent account is really a must for me)
I'm also not too keen on all those obscure E-wallets like : webmoney, perfect money, advcash, astropay .. the list is endless

I have nothing to complain about Tickmill, accept that they never offered cent accounts .. otherwise they would be my first pick .
I never had any issues withdrawing money there ..

any suggestions are welcome Thanx in advance
Member Since Aug 02, 2019   11 posts
Jun 19, 2020 at 11:52
What about IC ? I think they still offer 1:500 leverage to eu citizens
Member Since Jan 27, 2015   13 posts
Jun 19, 2020 at 12:50
last time i checked they didnt have cent accounts ..
but apart from that very reputable and a myriad of deposit/withdraw options ...
i would definately go there a mate of mine has accounts there as well and is quite positive about them ... perhaps when we are capable of rewriting the EA ICmarkets might be a good option ..
Member Since Sep 20, 2019   28 posts
Jun 19, 2020 at 19:22
It is difficult for me to give any specific recommendations, but I think you will need to check your broker's license anyway, because there are quite strict restrictions in the EU and you should be more careful.
Member Since Dec 14, 2019   22 posts
Jun 21, 2020 at 15:05
The main thing is not to look for a company by the size of the leverage, I would recommend to adhere to more standard rules. As for companies, I recently saw a review on hycm or something like that, there is a European regulation...
Member Since Jun 03, 2020   30 posts
Jun 22, 2020 at 13:13
When I was onto the work of choosing a good broker for me, it took me a lot of time to analyze everything and to make the right choice. After a lot of research, I found XTB, Turnkey Forex and Pepperstone to be the efficient brokers with proper leverage. These brokers helped me to analyze the market trend and to step up with a move that is safe and does not put me in too much of risk. And proper leverage, I was always confident about my move. The experts at Turnkey Forex and Pepperstone even made me understand the pattern of predicting the market through which I would be always prepared for what’s coming next.
Member Since Jun 22, 2020   2 posts
Jun 22, 2020 at 18:06
IC Markets or XM, good leverage, low spread and fast withdrawals.
Member Since Apr 28, 2020   52 posts
Jun 23, 2020 at 11:25
Cent or micro accounts are same: 1k = 10 cents/pip = 1 micro lot. Tickmill itself offer that, else you may look for hotforex, fxpro, fxview, icmarkets for micro a/c, never had problem with them.
Member Since Jan 27, 2015   13 posts
Jun 23, 2020 at 12:39
Yeah I know

I had a micro account with XM and you are right it is the same as a cent account ..

but XM no longer provides the leverage my EA needs at least not for me as a belgian resident
fxpro doesnt provide leverage over 30 either

I looked at tickmill as well as IC markets but i cant see them offering a cent or micro account on their website
I will look into hotforex .. they apparantly provide cent accounts as well as skrill as a deposit option ..
did some comparisons via other websites ..
fxtm might be an option as well as alpari and instaforex ...

Member Since Oct 21, 2019   25 posts
Jun 29, 2020 at 16:44
Yeah, well, finding something worthwhile right now isn't easy. Because despite the fact that in the Internet you can find exposures of all fraudulent transactions among brokerage companies, there are still many companies in the market that are not worthy of trust at all.
Be careful and good luck finding a broker.
Member Since Jun 10, 2020   37 posts
Jul 01, 2020 at 13:14
Coinexx, XM, Fxview have been providing good leverage. Good luck.
Member Since Feb 07, 2020   41 posts
Jul 24, 2020 at 09:17
Check out turnkey forex, IC markets, and fxbrew. Have low leverage and also offer cent accounts. Quite good trading conditions, give them a look.
Member Since Jul 19, 2020   318 posts
Aug 25, 2020 at 11:25
You should be very careful when you are going to choose a broker for you. Because there are so many fake brokers in the market. You can take help from those websites that provide broker reviews.
Member Since May 24, 2020   112 posts
Aug 29, 2020 at 10:44
Having some experience of trading with the Amarkets broker and using his leverage repeatedly, I can say that he is really worthy.
Member Since Jul 19, 2020   318 posts
Nov 24, 2020 at 18:56
You have to choose a regulated broker to survive in this market. Without a regulated broker, you can not make money from this market. You may lose all your investment if you choose the wrong broker.
Member Since Jun 20, 2018   1 posts
Jan 15, 2021 at 21:53 (edited Jan 15, 2021 at 21:53)
FBS on of the best so far.
They offer cent account with 1:1000 and standard with 1:3000 leverage. I opened account many years ago and the never let me down.
Private message me to have the link to open account if you want a bonus of 150$ for trading.
Member Since Dec 01, 2020   23 posts
Feb 11, 2021 at 11:52
You can either try some other broker as per your convenience or you can contact them. You can always look for another broker since there are so many good options out here.
Member Since Jul 23, 2020   869 posts
Jun 05, 2021 at 12:27
Try to find a regulated broker first and test their leverage in the demo account.
Member Since Jul 19, 2020   751 posts
Jun 05, 2021 at 12:30
Do some research and pick few regulated brokers. Then compare all the brokers facilities to choose one. Choose one that meets your criteria.
Member Since May 21, 2021   5 posts
Jun 05, 2021 at 12:56
I've been trading for so many years now with FXCM and I recently (just around last year) came upon one of Moneta Markets' sponsored posts on Facebook. I've never regretted switching to them (so far)! Really tight spreads and they have a 50% deposit bonus. Their trading platform is attractive
“The secret of getting ahead is getting started.” – Mark Twain
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