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Broker and regulations

ReaderTrimble33
Feb 22 at 10:30
20 posts
donelderly posted:
The brokers who are offering you low spreads tend to charge huge commissions on trades.

Not all but yes there are many who do that. As per your requirements I can give you some names to choose from like Pepperstone, Etoro, Turnkeyforex and FXTM. These all are good. Gives you low spreads and has high leverages and most importantly does not charge much commissions. They can be a good choice.

bax699 (bax699)
Feb 22 at 10:54
21 posts
In my opinion all retail traders will have to use offshore brokers if they want to use and decent leveraged accounts. The governments will put in rules to push the average retail trader out of the markets using higher leverage

Jude_craig
Feb 24 at 06:48
63 posts
bax699 posted:
In my opinion all retail traders will have to use offshore brokers if they want to use and decent leveraged accounts. The governments will put in rules to push the average retail trader out of the markets using higher leverage

I'd rather prefer regulated broker with low leverage than offshore with more leverage.

gookerjohnson
Mar 03 at 10:21
17 posts
It is always recommended to use regulated brokers if you don’t want to put your money just anywhere. In case of any issues, you will always know whom to complain to.

marioharmon
Mar 23 at 09:53
14 posts
I’m sure you’ll find some reputed brokers that provide lower spreads for trading. Make sure you go with platforms that suit your trading needs.

Ramierez
Mar 25 at 12:18
18 posts
'I trade with FP Markets, an ASIC, Cysec and St.Vincent regulated broker that is also immune to leverage changes.

They have tighter spreads, and it is also one of the oldest brokers to be active since 2005.'

Michihito
Mar 25 at 12:59
298 posts
Regulations of a broker is very important. Before selecting a broker everyone should check its regulation very careful. Non regulated broker can create problem. That's why it's wise to choose a good regulated broker.

LyudmilLukanov
Mar 25 at 13:06
327 posts
bax699 posted:
In my opinion all retail traders will have to use offshore brokers if they want to use and decent leveraged accounts. The governments will put in rules to push the average retail trader out of the markets using higher leverage

Using high leverage risky. Newbie should avoid using it.

paulorfo (paulorfo)
Mar 25 at 13:31
5 posts
Thanks for every advise and recommendation. About the last one, most recommended brokers do not accept U.S. resident.

melbaortega
Apr 08 at 09:34
12 posts
I’m sure you will find brokers with a high leverage and if they meet all your trading needs, you should open an account with them.

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