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Searman

Member Since Aug 31, 2018  13 posts Searman May 02 2019 at 11:35
Faneel posted:
I'm looking for a broker who has a leverage of 1:500 and a small spread. Since how many brokers adhere to ESMA restrictions, there are difficulties with trade.


Excuse me if i may, come across as an armature but outside of aisc broker only the unregulated ones offer leverage upto 500X and if you happen to be from US, then you are left with no choice but to go with the unregulated ones. Some of them like coinexx are listed here as well https://www.myfxbook.com/forex-broker-spreads
And if you read about them on forums etc some of them have a fair reputation. So will splitting capital amongst these brokers also make much sense?

Mohammadi

Member Since Aug 11, 2017  668 posts Mohammadi May 03 2019 at 06:23
Spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. We the traders who are particularly scalpers have to choose the broker which always makes sure lowest trading spreads which is very supportive to make profit with certainly by scalping.

Imamul

Member Since Aug 09, 2017  440 posts Imamul May 03 2019 at 08:19
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And EarnForex and Babypips can be a great source to find a right broker nowadays.

jamesgwyther

Member Since Aug 05, 2017  278 posts jamesgwyther May 05 2019 at 08:00
Very subjective this, all depends what you are looking for.

Roberto21

Member Since May 02, 2019  189 posts Roberto21 May 07 2019 at 08:28
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience.

Q_FxTrader

Member Since Oct 08, 2018  144 posts Q_FxTrader May 07 2019 at 13:35
It is very difficult to say which is the best broker for you since many many things need to be considered while choosing a broker which is one of the most vital part of forex trading and to make profit in forex.

You can't trade in the same way and same trading strategy in the same broker when you are trading few hundred dollars vs few million dollars. It makes a huge difference.

For smaller account trading there are a handful of regulated good brokers which you can choose. But for larger account trading with big money institutional brokers should be chosen.

Imamul

Member Since Aug 09, 2017  440 posts Imamul May 08 2019 at 09:40
Broker is a very sensitive issue here! According to my 4 years trading experience, only regulated Forex brokers are reliable to use! So, traders need to select their trading platform based of regulation status of Forex brokers!

Roberto21

Member Since May 02, 2019  189 posts Roberto21 May 14 2019 at 12:00
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

AniLorak

Member Since Apr 18, 2017  847 posts AniLorak May 15 2019 at 07:22
Roberto21 posted:
 if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience.


Absolutely; till now this is the most popular review site! And so active; besides popular Forex forums are also useful.

Roberto21

Member Since May 02, 2019  189 posts Roberto21 May 15 2019 at 11:23
Broker is a very sensitive issue here! According to my 4 years trading experience, only regulated Forex brokers are reliable to use! So, traders need to select their trading platform based of regulation status of Forex brokers!

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