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Forex Broker Recommendations?

Oct 10 2022 at 09:07
29 posts
My recommendation is FP Markets. They are regulated by ASIC and have been in business for over 15 years. They also have CYSEC and an offshore licence (for people who worry about leverage restrictions in the future) I've been trading with them for over a year now, their trading conditions & customer support have been great.
Eric (Goldbarrel)
Oct 11 2022 at 08:26
42 posts
Personally, I trust brokers who have been in the market for a very long time (more than 10 years).
It is also nice when a broker can offer 1:500 leverage, but nowadays it is a big rarity.
Make money with people who know how to make money.
Ester (Cothurnal)
Oct 13 2022 at 05:43
23 posts
Goldbarrel posted:
Personally, I trust brokers who have been in the market for a very long time (more than 10 years).
It is also nice when a broker can offer 1:500 leverage, but nowadays it is a big rarity.

I agree with you, I meet pretty few good offshore brokers that can provide 1:500.
Oct 14 2022 at 13:23
56 posts
I can recommend my current broker, FP Markets. I mostly use it for scalping since their spreads are tighter for certain major pairs like EURUSD, where it drops lower at 0 pips and averages around 0.1-0.3 pips for other currency pairs.
Oct 16 2022 at 10:51
75 posts
You won’t sink into depression when you know how to manage your trading properly. Professional traders never expand their expectation so high that pushes them into trouble. So, always try to start trading with a reliable trading broker to enjoy some facilities. Eurotrader is recognized as a secure and regulated trading broker.
Oct 19 2022 at 09:20
54 posts
without using practically that is really difficult to recommend any broker , because lots of trading brokers in online and most of them are found to be scams.
Nov 03 2022 at 11:23
48 posts
I recommend FP Markets, as they have an excellent customer support team that guides us during the initial stage and is quick to answer queries. 

Regarding safety, it is regulated by ASIC and an older broker that has been in the forex business for over 15 years.
Nov 04 2022 at 15:22
20 posts
I have been with CDO Markets for a while now. Their spreads are pretty good and their response time is excellent if any problems occur. Totally would recommend.
Nov 06 2022 at 09:25
617 posts
Forex is unimaginable without a broker. Whenever choosing a broker, check their certification first.
HeavenLeighGill (HeavLeighGill26)
Nov 17 2022 at 17:13
401 posts
I'm not a fan of fixed spreads because they are often pretty high.
I like CedarFX, just to give some specifications - 1:500 leverage, variable spreads, no commission, same-day fee-free withdrawals, 24/7 support, and a wide variety of assets for trading.
Worth looking into if you haven't chosen a broker yet.
Nov 18 2022 at 09:12
2 posts
a demo account works for the best interest of the trader
Nov 19 2022 at 21:14
1 posts
dodusstangin posted:

I’m looking at a couple different forex brokers, but I’m having a tough time picking just one. I’m currently between Forex, FXCM, IBFX, GFT, FXDD, etc…

Can you please recommend some forex brokers you like/use and why??

I’ve been reading a bunch of posts regarding what to look for in a broker, and it seems that a “Fixed” spread and “Non-Dealing Desk” broker is probably the best way to go.

However, if I’m mistaken why do you prefer a different broker??

Should I be looking at a broker with:

A Fixed or Variable spread??
A Dealing Desk or Non Dealing Desk (NDD)??
Thank you,
Freddy Taylor (Freddy4Taylor)
Dec 02 2022 at 01:07
37 posts
It is necessary to choose brokers that have a long history.
No job too big. No job too small.
Dec 02 2022 at 08:41
75 posts
A regulated broker allows traders with numerous trading advantages that ultimately increase traders’ return.
Danny Gilbert (Whitethroat)
Dec 09 2022 at 17:31
30 posts
Lately I have been giving preference to offshore brokers.
Dec 09 2022 at 18:35
20 posts
Whitethroat posted:
Lately I have been giving preference to offshore brokers.

You should try CDO Markets. I have been with them for a few months now. And their spreads and commissions are really good.
Prince Sajir (princesajir)
Jan 18 at 08:14
147 posts
I am not an operator of a particular platform. I think the choice of a broker needs to be decided based on your money. If you are willing to trade with only a small amount of money, most compliant brokers are viable. If you have a very large amount of money, you need to choose a more competent and compliant broker.
Jan 19 at 09:52
40 posts
If you are looking for the tightest spreads and low commission broker, I recommend fxview, can try out their demo account to test.
Jan 23 at 08:18
26 posts
Look for a broker that is regulated, it is what I would always go for before opening an account. Can try aaafx or hycm, if you want something that is low cost to save some bucks. Regulated as well tho.
Jan 27 at 14:06
19 posts
investfox in-depth review states that Interactive Broker has best scores in the majority of aspects, especially in Safety and Security. Accoridng to investfox rating methodology, every broker should ensure safety features in order to attract a vast number of people. You can always check out their thorough and 100% honest reviews on the investfox website.
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