To use chat, please login.
Back to contacts

Forex Broker Recommendations?

Oct 13 2022 at 13:05
57 posts
I started live trading with FP Markets, an ASIC regulated broker. It has been over a month since I traded with them. The spreads are tighter, and there are no spread widening issues. 

I have reached out to their customer support several times, and my issues were solved on time. I recommend them to anyone looking for a reliable broker.
Oct 14 2022 at 13:23
55 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
48 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.
Oct 26 2022 at 13:29
35 posts
I recommend trading with Vantage Fx or FP markets because these are the two brokers I find reliable with good trading conditions.

Currently, I trade with FP Markets because the commission cost is lower at $3 per lot with spreads starting at 0.0 pips and an execution speed of 30 ms.
Oct 27 2022 at 12:19
36 posts
I suggest trading with FP Markets because their trading conditions are robust with good spreads that start at 0.0 pips in EURUSD.

The customer service is quick in responding to queries and I have never faced any issue with them till date.
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 09:11
767 posts
have you checked review from FPA before choosing this broker ?
Nov 04 2022 at 13:18
27 posts
I mostly recommend trading with ECN brokers such as Vantage or FP Markets because of their tight spreads that drop as low as 0.1 pips, and the trading conditions are also suitable for beginner traders.
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.
Nov 07 2022 at 13:20
27 posts
I recommend trading with an FP Markets raw ECN account. They offer leverage of 500:1, with spreads starting as low as 0.0 pips in most major pairs. 

It's been four months since I started trading with them, and the overall experience has been good so far, with no issues like server freezing or spreads widening.
Nov 17 2022 at 10:15
68 posts
I recommend trading with a regulated broker that has good reviews from other traders. I trade with FP Markets, an ASIC broker that has been active since 2005.

The reviews from other traders have been positive, and I have never come across any issue with them till date. Even customer service responds quickly to their clients' questions.
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,
Dec 01 2022 at 11:38
63 posts
Use FP Markets, I trade with their raw ecn account that offers spreads as low as 0.0 pips and a commission cost of $6 per round lot, which is lower when compared to other similar ecn brokers.
Freddy Taylor (Freddy4Taylor)
Dec 02 2022 at 01:07
35 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.
Dec 07 2022 at 08:26
29 posts
Like @HeavenLeighGill mentioned, not a fan of fixed spreads myself, I find variable spreads to be lower, especially if trading in busy hours. And I think my trading style works best with a pure ECN broker like fxview. So, you should also choose a broker based on your trading style & strategy if you ask me.
Please login to comment .