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Best Broker

Adribaasmet
Jul 23 2020 at 18:54
989 posts
without using practically thats really difficult to recommend at any broker , because right now so many brokers are available in this market place and most of them are found to be scams.

Roberto21
Jul 24 2020 at 11:37
364 posts
Spread is mainly considered as an important financial tool which an investor should consider when choosing broker. For leading a profitable trading life, we the traders have to choose the broker which always make sure lowest trading spreads.

Adribaasmet
Jul 24 2020 at 18:59
989 posts
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.

Suarez
Oct 12 2020 at 11:39
55 posts
Fxview is my pick. Regulated, offers good spreads, low on costs and offers MT4 and MT5. Enough reasons for me to stick to them.

EbonyJones
Oct 12 2020 at 12:06
232 posts
You need a good and reliable broker to make money from this market. Without a good broker, you can not survive in this risky market.

antonyhollinwooe
Oct 19 2020 at 11:05
34 posts
Go for any regulated broker, they are safe.

Bradley88
Nov 18 2020 at 15:51
37 posts
Looking for a reliable broker to start live and grazed on FP Markets recently ,their spreads, commission costs seem to be lower when compared with other similar brokers.

Are they a true ECN broker, can they can be reliable to trade with?

GeorgeBischof
Nov 18 2020 at 17:34
318 posts
Most traders lose their money because of their wrong broker. Choosing a good and regulated broker is not easy. You have to be very careful about choosing the broker.

AliaDare
Nov 19 2020 at 00:51
768 posts
A good broker can help a trader move forward in trading. Success requires a good broker.

GordonDenzil
Nov 23 2020 at 15:11
39 posts
'
Bradley88 posted:
Looking for a reliable broker to start live and grazed on FP Markets recently ,their spreads, commission costs seem to be lower when compared with other similar brokers.

Are they a true ECN broker, can they can be reliable to trade with?


FP Markets is a good choice. I have been trading with the RAW (ECN) account for a while now, their spreads are some of the tightest out there (at least in the major pairs- Averages 0 for the most part of the day in EURUSD)

If you choose their Raw Spreads account, the commission charged per lot is 6$ per round lot, which is slightly cheaper than other similar ECN brokers.'

Wulfgar
Nov 23 2020 at 19:08
1 posts
Picking a broker is not easy, and most retail traders only spend a few minutes picking one, mostly based on glossy advertising or 1000:1 leverage.

Do your due dilligence, this link is a good start:

https://www.cftc.gov/sites/default/files/2020-09/01-%20FCM%20Webpage%20Update%20-%20September%202020.pdf

If the broker you are thinking about does not list its capital with the CFTC, would you really want to deposit your funds with them? Check with the local regulator at least for their capital requirement reports.

Next step is to make sure your broker is properly regulated, and I mean with one of the big regulators, not some dodgy one on a Caribbean island somewhere.

The next step is calling that regulator to make sure they have a good record. Check each and every action against them.

The next step is finding out the liquidity providers, do your due dilligence on them, at least call them and check their record with the regulators.

The next step is checking on the corporate side of the business, get a credit report about them from one of the big leading credit agencies.

The next step is calling or visiting them and talk to them.

The next step is opening a small live account and see if your trading style suits their platform/liquidity/spreads etc.


Do your due dilligence or else live with the consequences, just don't come here complaining on these forums about some dodgy broker, if you had gone about your business the right way, you wouldn't be with a dodgy broker in the first place.

Are the big regulated brokers perfect? Of course not, you will have problems with them, at least you have somewhere to go if you can't get it resolved and a broker with a 100 Mn in capital is not going to run of with your 500 bucks.
 


LeviSievwright5
Nov 24 2020 at 04:32
298 posts
Shelby10 posted:
If you want to trade in the forex market you need to select a regulated broker. It is very much needed to find a good broker to make money.

I agree with you, regulated brokers can provide security to trading accounts.

Imamul
Nov 24 2020 at 07:18
650 posts
the best broker is a broker which always ensure security of funds with a wide range of trading technologies,

Daniel993
Jan 13 2021 at 14:11
38 posts
I prefer FP Markets as a better broker because its been four months trading with them, their spreads are very competitive compared to other brokers and they offer lower slippage and commission cost.

LyudmilLukanov
Jan 13 2021 at 17:32
735 posts
LeviSievwright5 posted:
Shelby10 posted:
If you want to trade in the forex market you need to select a regulated broker. It is very much needed to find a good broker to make money.

I agree with you, regulated brokers can provide security to trading accounts.

True. Also, check the broker's rating and review.

dutchy1986
Jan 13 2021 at 20:38
30 posts
I personally don’t think it matters that they are regulated, I generally go on research. Regulated brokers doesn’t mean you will get your money back

StanHansen
Jan 14 2021 at 07:37
2 posts
Regulated brokers are the best in my opinion.

OneForexSignal (one_forex_signal)
Jan 14 2021 at 21:30
6 posts
dutchy1986 posted:
I personally don’t think it matters that they are regulated, I generally go on research. Regulated brokers doesn’t mean you will get your money back

You are right. The fact is, brokers have an arsenal of tricks to make money unfairly. My selection of reliable brokers includes: Blueberry Markets, Global Prime, Key To Markets and Fusion Markets.

"EVERY BATTLE IS WON BEFORE IT IS FOUGHT". SUN TZU.
Parker09
Jan 18 2021 at 15:40
33 posts
'Currently trading with ICM but looking to move to another broker because the spreads are not consistent and execution is not the same as before.

Anyone trading with a regulated broker with tight spreads and execution?'

LyudmilLukanov
Jan 18 2021 at 17:35
735 posts
one_forex_signal posted:
dutchy1986 posted:
I personally don’t think it matters that they are regulated, I generally go on research. Regulated brokers doesn’t mean you will get your money back

You are right. The fact is, brokers have an arsenal of tricks to make money unfairly. My selection of reliable brokers includes: Blueberry Markets, Global Prime, Key To Markets and Fusion Markets.

I never heard any of those brokers. Have you tried those brokers?

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