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Best Broker
Member Since Feb 10, 2020
2 posts
Member Since Feb 10, 2020
2 posts
Member Since Feb 11, 2020
4 posts
Member Since Feb 12, 2020
14 posts
Member Since Feb 11, 2020
14 posts
Feb 18, 2020 at 08:27
Member Since Feb 14, 2020
1 posts
Q_FxTrader posted:
I can give my opinion about some of the most popular brokers in terms of Pros and cons:
1.Pepperstone:
Pros: Overall good broker and reliable and ASIC regulated with excellent customer support.
Cons: Spreads are slightly higher compared to other brokers. Also, they have a leverage breakdown structure as the account balance increases.
2.Axitrader:
Pros:Good broker and ASIC regulated. Spreads are extremely low and excellent customer support
Cons:Very few deposit and withdrawal options
3.IC Markets:
Pros:Seems to be a good broker and ASIC regulated. Spreads are very low.
Cons:Very slow customer support. Back end seems to be fishy and they intentionally create problems, freeze and manipulate price feeds if they find a smaller account balance account starts making consistent profit. Consistently loosing accounts work fine with this broker.
4.Tradersway:
Pros: Good spreads and excutions. Wide range of deposit and withdrawal options including crypto currencies as deposit and withdrawal method
Cons: Not regulated. Also, they have a leverage breakdown structure while account balance increase
5.Dukascopy:
Pros: Well known and regulated broker. Very low spreads. Good customer support
Cons: Limited deposit and withdrawal methods not suitable for all. Higher deposits required compared to other brokers.
You've missed out USG FX.
Dream BIG !
Feb 19, 2020 at 09:53
(edited Feb 19, 2020 at 09:53)
Member Since May 27, 2019
11 posts
Martinki posted:Turnkey forex will suit you the best I think, in this case. They are offering ECN account for which minimum req is $100 and spreads are way too low around 0.4-0.5 pips on majors.
Hi, im currently looking for a good forex trader, i did a whole lot of search and confused, im looking for something like a minimum of 100$ deposit account opening and with lower spreads, any suggestions for a good broker.
Member Since Mar 18, 2019
98 posts
Member Since Mar 18, 2019
98 posts
Feb 19, 2020 at 13:18
Member Since Mar 18, 2019
98 posts
akevi posted:
So i came across several forex traders and the ones i found actually good for a beginner is either Global Prime or FP markets, but if you have good experience you can figure out or by now one would know which one to use.
did u read any reviews first mate
Member Since Jan 01, 2020
21 posts
Apr 07, 2020 at 19:39
Member Since Jan 01, 2020
21 posts
There is no such thing as the best broker, we all do live in a very different conditions on all possible levels and are located in different countries with different regulators, different possible max spreads and entirely anything else to that matter. I do not see that clearly. To each his own.
Apr 21, 2020 at 15:19
Member Since Aug 09, 2017
785 posts
It is very difficult to find a best broker from all, because there are almost thousands brokers in online Forex trading and most of them are found to be scams. You can choose a regulated trading broker which guarantee their clients finds.
Apr 23, 2020 at 14:56
Member Since Aug 11, 2017
886 posts
choosing a regulated broker does not mean any safety of funds as we have many past examples of regulated brokers truing into scams over night , so in addition to check for a broker which is being regulated I do prefer going with those who are reputed too.
Apr 24, 2020 at 11:37
Member Since Mar 23, 2020
63 posts
Imamul posted:I agree, also you should always diversify your funds. never keep all your funds with only one broker. I myself have spread funds over Fxpro, HYCM, Fxview and XM.
You can choose a regulated trading broker which guarantee their clients finds.
Member Since Aug 27, 2017
994 posts
Member Since Feb 22, 2011
4862 posts
Apr 30, 2020 at 14:19
Member Since Feb 22, 2011
4862 posts
Adribaasmet posted:
In my trading, I am comfortable with the fixed trading spread, I see during the high voltage news, brokers (not all brokers) increase the trading spreads if traders use dynamic trading spread.
Even fixed spreads are stretched during news.
Read the blueprints.
So on normal conditions you pay more to your broker
On high volatility to pay the same as flex spread.
May 04, 2020 at 09:12
Member Since Aug 11, 2017
886 posts
Actually we know that we need to test their credibility and reliability for a broker. I know its so simple to have here learn what are their payment methods and their customer satisfaction but its really risky particularly if we are new. So better to also consider those older brokers and most important are that they have forums that we can have discussion about their broker.
Member Since Jul 20, 2019
373 posts
Jun 30, 2020 at 11:58
Member Since Jul 20, 2019
373 posts
Cooper078 posted:
My recommendation is FP Markets (ASIC regulated), mainly for 2 reasons.
Trading conditions - They have some of the lowest spreads in their ECN account, EURUSD averages 0.0 pips for most parts of the day.
Customer support experience: This is really their USP, they take the extra effort to help their clients. I would suggest other traders to try FP Markets as well.
Non-Australian traders are not allowed to use ASIC-regulated brokers. If the broker is still allowing you to open an ASIC-account with them although you're not from Australia then stay away! There've been a lot of complaints for ASIC-regulated brokers lately. It's just not allowed since January 2020.
patience is the key
Jul 01, 2020 at 12:01
Member Since Jun 08, 2020
44 posts
I'm planning to open an account with FP Markets, Since I'm a scalper I'm thinking of opening a Raw Spreads account with them (ECN Pricing)
Is there any other hidden cost, apart from the Commission per Lot on their Raw Spreads account? Reviews from anyone currently trading with FP Markets would be appreciated.
Is there any other hidden cost, apart from the Commission per Lot on their Raw Spreads account? Reviews from anyone currently trading with FP Markets would be appreciated.
Member Since Jun 22, 2020
39 posts
Jul 02, 2020 at 11:09
Member Since Jun 22, 2020
39 posts
Generally, for traders who are looking for stability with their trading price, brokers offering fixed or low spreads are the most preferred choice. You can use brokers like XTB, Coinexx, CMC Markets or Turnkeyforex as these are a few trustable options for traders with various experience levels. However, I prefer investing with Coinexx and XTB because they offer the best opportunity to earn profit with a low spread in a huge marketplace.
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