Hello beautiful people, I'm a beginner, I'd been looking for a good broker for Forex in US. I just want to lose my money with some of responsability. Could you give me some opinions about IG, Oanda, Athens Market or Forex.com. thnxs a lot
I suggest trading with either XM or FP markets they are both good brokers with robust trading conditions. As of now I trade with FP Markets because of its tight spreads that average around 0.1-0.3 pips.
I recommend trading with either an ASIC or FCA regulated broker since they are much more reliable, and I trade with an ASIC broker, FP Markets, which provides some of the best trading conditions with the lowest commission costs and spreads.
I have an account with FP Markets, as a scalper, I recommend FP Markes because of their robust trading conditions.
Even though it's an ASIC regulated broker, they also have an offshore license, so we can be immune to leverage changes if it happens in the future. Their spreads are some of the lowest out there, starting from 0.0pips.
Hi! I'm also from the US. Of the brokers you listed, I'd probably go for Oanda, but I wound up opening an account with CedarFX myself after comparing the two because the prices were cheaper. I do remember coming closer to Oanda before finding them though.
If you’re looking for better trading conditions, then you can try offshore brokers. Here are some good ones - coinexx, lmfx and lqdfx, they’re all safe to use and offer better leverage. I’ve used regulated ones in the past but then switched to offshore due to restrictions on trading.
Before looking for a broker, draw a clear outline of your requirements. What is that you are looking for in a broker? Low commission & narrow spreads? What currency pairs do you wish to trade? Some brokers allow scalping, while some don't. There are many brokers, so, the first task is to understand your requirements. Then, conduct a research. You will have a better and faster chance of finding one that you need.
There are countless brokers in the market - all vary in their services. Moroever, the 'best' is very subjective. What do you intent to find in a broker? I am scalper, so I trade with an ECN broker as they offer tight spreads and low commisions. My broker may or may not work for you. So, before searching, know what's best for you in terms of trading conditions.
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