Broker ECN (low spread) Cents account.

Feb 06, 2014 at 22:00
7,603 Views
61 Replies
Member Since Apr 18, 2017   718 posts
May 29, 2019 at 11:57
What is R broker? Is this any type or anything else?
Member Since Feb 22, 2011   4862 posts
May 29, 2019 at 12:45
R stands for Russian
Member Since Apr 18, 2017   920 posts
May 29, 2019 at 13:38
togr posted:
AniLorak posted:
togr posted:
Pikasso posted:
togr posted:
Adribaasmet posted:
Pikasso posted:
try Exness, I have a little experience with them

How many months you are trading with them? In addition, are you a scalper? Thanks in advance.

I do not think Exness offers cent accounts to new traders

misconception. Look at the screenshot.

Perhaps to Russians

But I see, this option is also available to me; I’m from Ukraine.

You would never trade with R broker?

No, I didn’t! Till now I have no experience on Russian Forex brokers.
Member Since Dec 28, 2013   171 posts
Jul 01, 2019 at 15:16 (edited Jul 01, 2019 at 15:17)
Fibo Group, and JustForex offers cent accounts, too. Oanda, too? Does someone have any experiences with them? Fibo Group seems to be Russian, as well as Exness is. For me it was not possible to open a cent account with Exness, I'm neither a Russian nor an Ukrainian.
Member Since Apr 18, 2017   920 posts
Jul 29, 2019 at 14:50
niceGLer posted:
Fibo Group, and JustForex offers cent accounts, too. Oanda, too? Does someone have any experiences with them? Fibo Group seems to be Russian, as well as Exness is. For me it was not possible to open a cent account with Exness, I'm neither a Russian nor an Ukrainian.

2 are the market maker (according to my own experience)! You should pick much honest broker if you want to stay here for a long run!
Member Since Jun 29, 2019   65 posts
Sep 13, 2019 at 17:11
Client services is extremely fundamental for all sort of traders since they will grow up with accommodating care staff in this trading business, and one day they can turn into a fruitful trader. I am managing ForexChief broker and getting dynamic client service for 24 hours. I am using them for most recent couple of years and this is where I feel so advantaged working with them which underpins me hugely with various open doors. For their commitment to provide high quality service and innovative business solutions I choose this broker.
And now I am having great advantages for my trades which mostly are profitable and successful for me. I can fit in their provided trading platform because they have several trading platforms to offer where I can choose.
Member Since Aug 09, 2017   785 posts
Sep 16, 2019 at 05:36
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.
Member Since Apr 18, 2017   718 posts
Sep 25, 2019 at 15:14
Imamul posted:
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.

Obviously; trading spread is a big concern; but till now I think; regulation is the key! Because, you may not get any honest service from a market maker!
Member Since Aug 11, 2017   886 posts
Oct 08, 2019 at 08:24
good broker always ensure security of funds with a wide range of trading technologies. but in practical difficult to found
Member Since Apr 18, 2017   718 posts
Jan 03, 2020 at 14:54
Mohammadi posted:
good broker always ensure security of funds with a wide range of trading technologies. but in practical difficult to found

Security is the main issue then we traders need an advance trading environment including platform speed!
Member Since Mar 17, 2021   536 posts
Apr 11, 2021 at 18:50
AmDiab posted:
Mohammadi posted:
good broker always ensure security of funds with a wide range of trading technologies. but in practical difficult to found

Security is the main issue then we traders need an advance trading environment including platform speed!
I agree with you.
Member Since Jun 16, 2020   57 posts
Sep 23, 2021 at 09:50
Imamul posted:
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.
Very rightly said mate, low spreads is one reason I’m using turnkeyforex.
Member Since Apr 03, 2021   470 posts
Sep 23, 2021 at 23:16
Yes, I think almost trader will prefer to looking broker that offer low and competitive spread, and most important is trusted company, because so many brokers in the forex world, usually when trader looking new broker will confuse how to decide, but if already decided and use the service with comfortable, withdraw money processed smoothly, trader will enjoy working with these broker. I have been choosing my broker for few years and its ECN broker available also cent account in account micro. Account micro suitable for beginners.
Member Since Feb 02, 2021   38 posts
Nov 24, 2021 at 06:09
A right broker is the basic necessity of a successful trading career. If your broker doesn’t let you trade freely, you wouldn’t want to trade with them at all.
Member Since Jul 23, 2020   759 posts
Dec 05, 2021 at 21:04
A good ECN broker has a low and narrow spread. It has a negative balance protection feature and the fees are very low or zero.
Member Since Jan 22, 2021   125 posts
Dec 06, 2021 at 11:18
SofieAndreasen posted:
A good ECN broker has a low and narrow spread. It has a negative balance protection feature and the fees are very low or zero.

Completely agree, in search of low spreads and commissions we often forget to look for NBP, this is important too. I made this mistake while starting my journey on forex but a year ago I switched to another broker fxview and looked for this along with least time for withdrawals to go further.
Member Since Aug 17, 2021   9 posts
Dec 06, 2021 at 12:45
I find that Low commissions is hard now. previously some ECN broker offered zero commission but now too many broker charge to much
Member Since Nov 03, 2021   53 posts
Dec 07, 2021 at 11:04
patriciablack posted:
Tight spreads, low commissions, low minimum deposits, and high leverage are a must when you are going to choose a broker.
Very rightly said, although for me low trading costs are more important than high leverage, using finprotrading because of low spreads and commissions.
Member Since Apr 03, 2021   470 posts
Dec 07, 2021 at 23:04
Sometimes leverage becomes a problem when trader chooses high leverage, you may get offered leverage of more than 1:1000, when trade use this leverage, and facing loss trading and margin call account, it is possible your balance become negative value, but if choose low leverage, hence although face margin call but in account balance still left some bucks.
Member Since Jul 23, 2020   869 posts
Dec 09, 2021 at 14:16
There are many brokers that offer ECN accounts, but some brokers are purely ECN brokers only.
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