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Broker choice

Jul 20, 2014 at 11:57
5,123 Views
121 Replies
Member Since Feb 12, 2016   522 posts
Sep 29, 2017 at 13:57
UK or and EU regulation sounds much better then regulator placed on exotic island :)
Member Since Aug 11, 2017   886 posts
Oct 15, 2017 at 13:44
Finding a right broker actually is a big challenge in 2017; because there are almost thousands on line brokers in retail market place and most of them are found to be scams. Before recommend at any brokers we the traders have to trade with them practically, we can open a minim account at any broker to see the performance how it works.
Member Since Feb 10, 2014   16 posts
Oct 16, 2017 at 07:20
Just glancing over the first page of this thread and surprised how much BS gets thrown around. Your best bet is finding an IB who not only knows brokers, but gets you a better deal than if you'd just walked in off the street. Professional IBs will have a range of quality brokers for you to choose from across the various regulatory jurisdictions and can save you as much as 20% in fees.
Member Since Feb 10, 2014   16 posts
Oct 16, 2017 at 07:20
togr posted:
try this https://www.100forexbrokers.com/

Both of those comparison sites are actually hopeless lol 100 has been listing outdated/incorrect data for years and the whole idea of the website is listing every broker that exists so you have to sift through a ton of crap. I'm not going to spam my offering here, but we only work with true ECN brokers which cuts the BS right from the get go.
Member Since Oct 16, 2017   11 posts
Oct 16, 2017 at 13:56
Comparision website are very limited when it comes to brokers. Better find a few brokers that seem good and then conduct your own research
Member Since Feb 10, 2014   16 posts
Oct 19, 2017 at 14:29
Matas21 posted:
Comparision website are very limited when it comes to brokers. Better find a few brokers that seem good and then conduct your own research
From my experience as an IB and owner of a comparison site, most traders actually make a very poor choice when they do their own research. This is no reflection on their trading abilities, brokers just aren't their speciality. The Myxfbook spread comparison and volume comparison tools are very handy, but if traders use them at all, they tend to only look at live conditions, rather than delving a little deeper and looking at averages.

Even if you do manage to select the best broker, if go it alone, without a value-adding IB, you often pay 20% more than you need to in commission charges.

Let's do a little test Matas21 - who do you trade with and do you pay full price or get rebates?
Member Since Aug 11, 2017   886 posts
Oct 26, 2017 at 14:31
We can choose a broker which always ensures security of funds at any kinds of investments , lowest trading spreads for using any kinds of trading strategies, low transaction cost and much more that are very supportive to lead a comfortable trading life with certainly.
Member Since Aug 09, 2017   95 posts
Nov 03, 2017 at 14:01
From all trading elements in Fx 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 Feb 10, 2014   16 posts
Nov 12, 2017 at 07:51
The problem is, pretty much every broker advertises their minimum spread. Then there's the liquidity issue too, if you are scalping and you start getting up to full lot multiples, slippage becomes a real issue at most retail ECNs. There is a huge difference between the best brokers and mediocre ones, even if this difference isn't obvious to the naked eye.
Member Since Oct 16, 2017   11 posts
Nov 14, 2017 at 15:43
Interesting comment. I like to check myfxbook spreads when there is news to see what the spread of brokers is then
Member Since Dec 30, 2016   7 posts
Nov 15, 2017 at 07:47
I recommend a professional broker. Free of charge (commission, requotes).

Both the mt4 and mt5 platforms are available, with a choice of high levers and accounts for small to mid-sized businesses (microphones with accuracy, cents with reduced risk, and old receivers who want to enjoy faster ECN broker rates.

Everyone will find something for himself. 8)


I would highly recommend :)
Member Since Feb 22, 2011   4862 posts
Nov 15, 2017 at 08:14
dawark posted:
I recommend a professional broker. Free of charge (commission, requotes).

Both the mt4 and mt5 platforms are available, with a choice of high levers and accounts for small to mid-sized businesses (microphones with accuracy, cents with reduced risk, and old receivers who want to enjoy faster ECN broker rates.

Everyone will find something for himself. 8)


I would highly recommend :)
What does mean professional broker?
What does mean microphones with accuracy? :)
Member Since Feb 12, 2016   522 posts
Nov 16, 2017 at 10:58
Me also - I did not understand nothing else then ....... been recommended :)
Member Since Aug 11, 2017   886 posts
Nov 19, 2017 at 08:17
In Forum community there are many kinds of posts where the many people recommend on several trading brokers, I am very much confused they are real trader or not. I request for all , please don’t recommend at any brokers which you have not used or verified. Because mostly trading platforms are found to be scams. So, be careful
Member Since Dec 30, 2016   7 posts
Nov 19, 2017 at 15:32
Mohammadi posted:
In Forum community there are many kinds of posts where the many people recommend on several trading brokers, I am very much confused they are real trader or not. I request for all , please don’t recommend at any brokers which you have not used or verified. Because mostly trading platforms are found to be scams. So, be careful

I tested FBS, i have open real account till now and it's not SCAM for more info ask me priv
Member Since Dec 30, 2016   7 posts
Nov 19, 2017 at 15:32
togr posted:
dawark posted:
I recommend a professional broker. Free of charge (commission, requotes).

Both the mt4 and mt5 platforms are available, with a choice of high levers and accounts for small to mid-sized businesses (microphones with accuracy, cents with reduced risk, and old receivers who want to enjoy faster ECN broker rates.

Everyone will find something for himself. 8)


I would highly recommend :)
What does mean professional broker?
What does mean microphones with accuracy? :)

Sorry for my poor english, i use google translate to write this message
microphones change to micro account

for more info ask me priv
Member Since Mar 03, 2017   1 posts
Nov 21, 2017 at 07:49
Regulation is a key for a broker. You want to make sure that your money is safe, I feel that is the most important point. I've done a couple different brokers over my time trading. ASIC or FCA are my personal favourite regulators. You can message me privately on the brokers that I have used in the past, I'm not here to publicly call out some brokers as scams and some as not
Member Since Aug 06, 2015   17 posts
Nov 21, 2017 at 15:50
@dawark I wish you good luck if this broker is really not scam!
Member Since Dec 03, 2015   4 posts
Nov 21, 2017 at 15:52
why do you like these 2 regulators most? how about the German or American regulators? I also look into the license if the broker is allowed to deal on desk.
Member Since Dec 30, 2016   7 posts
Nov 23, 2017 at 07:53
AlbertoCo posted:
@dawark I wish you good luck if this broker is really not scam!

Really i have open real account here? Why you think it its scam?
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