Broker Suggestion
Apr 29, 2021 at 07:57
Given the number of online brokers, it is a tough task to figure out the right broker for yourself. Yet, if you are clear about your requirements, half the problem is almost solved. As for choice, I feel that its actually wise to do some digging and demo trade with a 2-3 shortlisted ones to see which one fits you the best. And not to forget, always look for some genuine brokers not because they are some big names of industry but because they are regulated and have good trading conditions.
Member Since Jul 23, 2020
759 posts
May 11, 2021 at 00:16
Try demo account first test the services of a broker. And always trade with a regulated broker.
Member Since Nov 03, 2020
65 posts
May 11, 2021 at 08:33
I also first just checked everything before choosing the Amarkets broker and he knew all the nuances of all the details and then he stayed to cooperate with him
Member Since Aug 27, 2017
994 posts
May 19, 2021 at 11:07
without using practically thats really difficult to recommend at any broker , because right now so many brokers are available in this market place and most of them are found to be scams.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
May 20, 2021 at 09:02
SigmaVess posted:Hey, I have a couple of broker in my mind which might fulfil most of the trading conditions that you are asking for. try out Fxview and FXCM.
Hello fellow traders, I need a suggestion from this vibrant community.
Which broker you suggest for trading under these circumstances:
-starting capital 2000 EUR
-MT4 platform
-Rely mostly on Hedging strategies, automated (EAs)
-need a good levererage, like 1:300 least
-lot precision of 0.01
-Euro citizen
-Regulated
I know its a complicate question due to many factor, but having made a list of potential cadidates I would like to see if they are common,
Thanks,
Sy
the first one will help you to reduce your trading cost with minimal spreads and low commission. Though you will have to figure out for leverage.
The more your practice, the more you learn.
May 21, 2021 at 07:02
What's good for you, may not be right for the other person . So that's why it becomes important to consider those factors while choosing a broker which matches with your trading style. Can tell about myself what I looked for, while choosing fxview for myself. Regulation, support and low fees have always been the main criteria for me.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
May 21, 2021 at 07:05
Dictiony posted:right. a trader should make a list of its requirements and draw a comparison between all the brokers offering those trading conditions. The one which over powers all other brokers should your optimal broker.
Choosing a good broker is very hard because there are many brokers out there and you must read about them at different reviews sites and choose one of them according to your requirements.
The more your practice, the more you learn.
May 26, 2021 at 07:52
urcondis posted:Thank you so much...
I would recommend fxview to you. It fits all the parameters that you've stated except the 1:300 leverage part. Although you can that as well with their professional account (though I've never used it).
Michael Butcher (Finarmcom)
Member Since Apr 22, 2021
8 posts
May 26, 2021 at 10:23
Hello! Every broker has own conditions, strategy and benefits for a trader. I think that before starting work with a broker, you need to study all available information. It was hard to choose the right broker. I searched a lot of sites in order to find smth good. I also spent a lot of time looking for a broker.
FedericoLin (FedericoLin)
Member Since Mar 23, 2020
20 posts
May 26, 2021 at 10:47
I am very fine with RoboForex CopyTrading and ForexChief PAMM
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
May 28, 2021 at 06:57
urcondis posted:Even i am using the same broker.. I really like their tight spreads and ridiculously low commission ... M planning to give a shot to their professional account. It would be a jackpot if I am able to open one... Higher leverage with all those trading conditions... A perfect combination ..
I would recommend fxview to you. It fits all the parameters that you've stated except the 1:300 leverage part. Although you can that as well with their professional account (though I've never used it).
The more your practice, the more you learn.
Member Since Jan 01, 2021
20 posts
Jun 03, 2021 at 11:48
Since you are looking at a high leverage broker that offers MT4, I would suggest using turnkey forex. It's compatible with all commercial EAs, hedging is allowed, and you can trade on lot size of 0.01 lot. The reason why I also prefer this broker is its low commission structure, you just gotta pay $2 including entry and exit, which I believe is the lowest in the industry for a broker offering spreads from 0.1 pips.
