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What do you hate about forex brokers?

fairfxtrading
Jul 17 2014 at 19:29
4 posts
This topic will help befor choosing a forex broker...

What do you hate about forex brokers and their services? And why?

Your thoughts and examples are welcome about this topic.

You have the right to TRADE FX always FAIR!
Osama Hussein (golden4x)
Jul 18 2014 at 07:16
54 posts
All of the broker hates the trader to win, So they are very nice when the traders going to lose , I hate their lies about the executions with the promise but with the real accounts most of them delay the execution until they change the exit to make the trader lose some points, I hate their advertisement about the low spread it is false in most of time..

TomD131
Jul 20 2014 at 06:16
14 posts
Not all brokers are created equal. If you use one that offers 100:1 leverage and a minimum lot size of 0.1 lots, the broker is a true ECN/DMA broker who does not have a conflict of interest with its traders and makes money purely on commission. Thus, the brokers want you to succeed in order to keep receiving commissions from your trades.

Unfortunately they are hard to find.

Good broker accepting US customers: Trader's Way
fairfxtrading
Jul 21 2014 at 06:49
4 posts
golden4x posted:
All of the broker hates the trader to win, So they are very nice when the traders going to lose , I hate their lies about the executions with the promise but with the real accounts most of them delay the execution until they change the exit to make the trader lose some points, I hate their advertisement about the low spread it is false in most of time..


Osama Hussein, thanks for your useful opinion.

You have the right to TRADE FX always FAIR!
fairfxtrading
Jul 21 2014 at 06:49
4 posts
TomD131,
I have found one accordance with your mentioned criteria 😉

You have the right to TRADE FX always FAIR!
TomD131
Jul 21 2014 at 14:06
14 posts
FinFX is a good choice. Unfortunately I do not know any others. I am from the USA so I walk away from a broker when I find that it does not accept US clients.

I am glad you found a broker that you won't need to worry about!

Good broker accepting US customers: Trader's Way
forexbeginer777
Jul 21 2014 at 17:54
10 posts
I found two brokers to invest in one of them plan to start trading)

Gary Sharp myfxpt com
myfxpt
Jul 21 2014 at 21:38
345 posts
TomD131 posted:
FinFX is a good choice. Unfortunately I do not know any others. I am from the USA so I walk away from a broker when I find that it does not accept US clients.

I am glad you found a broker that you won't need to worry about!


Tradersway does not appear to accept USA or UK clients. 😎

TomD131
Jul 22 2014 at 06:26
14 posts
forexbeginer777 posted:
I found two brokers to invest in one of them plan to start trading)


Glad to hear it. How about sharing your findings with the community -- which brokers did you find?

Good broker accepting US customers: Trader's Way
TomD131
Jul 22 2014 at 06:37
14 posts
myfxpt posted:
Tradersway does not appear to accept USA or UK clients. 😎


They do accept clients from the USA (I cannot speak for those in the UK). I am from the USA and have accounts with them. On the website, they make the statement regarding the USA and UK in order to clarify that they have not solicited any business from UK or USA residents. This is a legal issue. It is not illegal for them in their country to accept clients from the USA.

Good broker accepting US customers: Trader's Way
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