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Brokers and true ECN brokers
Mitglied seit Oct 07, 2020
90 Posts
Jan 13, 2021 at 04:17
snapdragon1970 posted:
Hi everyone,I'm new to this site,but not new to trading.I would like to know how many traders on the site use ECN brokers and what their experiences have been?
I have some inside experience of the trading profession.
i am using demo account from an ECN broker they are really good as they get their prices from liquidity providers which cannot hinder the prices
Mitglied seit Jun 15, 2020
46 Posts
Jan 13, 2021 at 04:19
Adribaasmet posted:
honestly speaking without using practically its really difficult to recommend
at any broker, because so many brokers in online and most of them are found to be scam.
I agree that it is essential to test a broker before you risk your money with it. For that purpose, demo accounts are of great help as you get to practice as many strategies as you want without having to put your money to risk. And the best part is that nearly all brokers offer demo accounts. You just have to select a broker, create your demo account with it, and you are good to go.
Mitglied seit Sep 12, 2017
232 Posts
Jan 13, 2021 at 05:03
it is very imp to test a broker before depositing or adding money into it. not just the tarading condition but there have been a lot of scams where brokers run away with the people's money
Jan 14, 2021 at 11:22
Different brokers offer different trading conditions. It is up to you to decide what you want in your broker. For me, hotforex and fxview work really well because of their tight spreads and low trading costs. I hardly trade more than 15 pips on hourly timeframes and for that it is absolutely important for me to use brokers that provide lower spreads, at least on the most liquid currencies.
Feb 03, 2021 at 08:09
davidkew posted:
Different brokers offer different trading conditions. It is up to you to decide what you want in your broker. For me, fxview work really well because of their tight spreads and low trading costs.
Can vouch fxview for their spreads. Their commission is quite cheaper - $2/lot RT
Mitglied seit Jul 23, 2020
696 Posts
Sep 05, 2021 at 13:46
Regulated brokers are best in terms of security.
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