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How many brokers did it take you?

Sep 14, 2012 at 18:45
1,783 Views
28 Replies
Member Since Jul 03, 2012   186 posts
Sep 14, 2012 at 18:45
How many brokers have you tried and tested before you find the broker(s) you use and trust?
Pax puts the X in Forex.
Member Since May 30, 2012   134 posts
Sep 14, 2012 at 19:48
second one is my current one.
payes out in time, decent support, decent money transfer times between accounts, good excecution, requotes abscent, fixed spreads, allows most ea stratigy's.
what more you looking for? :)
not here to advertise so :)
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Sep 15, 2012 at 12:14
One.

Oanda.
Member Since Nov 11, 2009   19 posts
Sep 15, 2012 at 20:45
One, Alpari UK. Subsequently tried others that either offered no performance increase, somehow felt less trustworthy or delivered an outright bad service. The lesson seems to be to go for the one you find a lot of positive feedback on from as many different sources as possible - rather than the one touted as 'best for maximum profit'.
Member Since Jul 03, 2012   186 posts
Sep 17, 2012 at 12:11
Sounds like some of you had a great first choice. That's good. I changed brokers a few times until I found PaxForex. I am really happy with them. I checked out Oanda but did not like them to be honest. Alpari was on my short-list a few months ago. They seem to be good from what I have heard, but don't have any personal experience with them.
Pax puts the X in Forex.
Member Since Nov 21, 2011   1718 posts
Sep 18, 2012 at 12:48
I'm still trading with the first one as I have done the right choice from the begining (FXCM). Then I opened 2 anothers accounts to check it out. In my opinions, brokers who want to give you 100% (or so) bonus on your first deposit is to AVOID.
Member Since Jul 03, 2012   186 posts
Sep 20, 2012 at 14:30
CrazyTrader posted:
I'm still trading with the first one as I have done the right choice from the begining (FXCM). Then I opened 2 anothers accounts to check it out. In my opinions, brokers who want to give you 100% (or so) bonus on your first deposit is to AVOID.

I would disagree. My primary forex broker gave me 100% first deposit bonus and I have been happy with them ever since. They have never pulled any gimmick, stayed out of my way, have very few requotes and almost no slippage. They simply offered the bonus as an incentive to give them a try.
Pax puts the X in Forex.
Member Since Oct 10, 2012   22 posts
Oct 19, 2012 at 22:59
hotforex is a good broker
Member Since Sep 15, 2011   80 posts
Nov 01, 2012 at 17:55
Took me five, but im missing the point of this post... maybe a riddle to help spice up this potentially boring spat.

You put it on your food, can but rather not eaton on its own.
The latter runs down a stream and was featured as a name in a comical family from the dinosaur era
We are all faced with a series of great opportunities, brilliantly disguised as unsolvable problems - John W Gardener
Member Since Jan 14, 2010   556 posts
Nov 05, 2012 at 15:06
Jaypipin posted:
You put it on your food, can but rather not eaton on its own.
The latter runs down a stream and was featured as a name in a comical family from the dinosaur era

Cheese?
Salt?

I'm guessing the comical family is the Flintstones? 😄
Member Since Jan 14, 2010   556 posts
Nov 05, 2012 at 15:06
I think a broker is only good until it proves otherwise. It takes only one bad experience to go look for a different broker.
Member Since Jul 03, 2012   186 posts
Nov 05, 2012 at 19:28
Jaypipin posted:
Took me five, but im missing the point of this post... maybe a riddle to help spice up this potentially boring spat.

You put it on your food, can but rather not eaton on its own.
The latter runs down a stream and was featured as a name in a comical family from the dinosaur era

You don't have to see the point.
Pax puts the X in Forex.
Member Since Jul 03, 2012   186 posts
Nov 05, 2012 at 19:29
James_Bond posted:
I think a broker is only good until it proves otherwise. It takes only one bad experience to go look for a different broker.

Yes, I agree.
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Nov 09, 2012 at 09:09
My first broker is my current. Actually my experience in trading is quite small - I trade less than year... So I just keep on searching... By now I have quite good spread, great support team and the broker with a good reputation... The most important thing for me is fast withdrawing. It's actually automated.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Oct 15, 2012   29 posts
Nov 12, 2012 at 10:24
Support and easy withdrawal and deposit of funds should be the three things no top of the list.
The Fine Art of Investment
Member Since Jul 03, 2012   186 posts
Nov 13, 2012 at 11:55
RollingStones74 posted:
My first broker is my current. Actually my experience in trading is quite small - I trade less than year... So I just keep on searching... By now I have quite good spread, great support team and the broker with a good reputation... The most important thing for me is fast withdrawing. It's actually automated.

Yes, sounds good. I would recommend that you stay with the broker that makes you happy and satisfies what you are looking for. There is no need to change away from a broker you like trading with. As we say, if it's not broke don't fix it :)
Pax puts the X in Forex.
Member Since Jul 03, 2012   186 posts
Nov 13, 2012 at 11:57
brokersstaragent posted:
Support and easy withdrawal and deposit of funds should be the three things no top of the list.

Yes, I agree. I would add spreads and lack of re-quotes as well as slippage to make it a top six list.
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Nov 14, 2012 at 03:10
TheLastBear posted:
As we say, if it's not broke don't fix it :)

Good point :) But what do you think about people who trades with a few brokers in the same time? Does it have any reason (like having by some brokers special conditions, which are not available by another's - like PAMM for example)?
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012   186 posts
Nov 15, 2012 at 15:21
RollingStones74 posted:
TheLastBear posted:
As we say, if it's not broke don't fix it :)

Good point :) But what do you think about people who trades with a few brokers in the same time? Does it have any reason (like having by some brokers special conditions, which are not available by another's - like PAMM for example)?

Well, I think it is normal to trade with more than one broker. Most of the time all brokers a trader uses have similar conditions and are used for different strategies or other preferences by the trader.
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Nov 16, 2012 at 06:33
TheLastBear posted:
Well, I think it is normal to trade with more than one broker. Most of the time all brokers a trader uses have similar conditions and are used for different strategies or other preferences by the trader.

yeah you may be right... I just think that`s hard to handle not the only one strategy, because you must be good in a lot of issues)
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
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