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Looking for Broker
Member Since Mar 17, 2021
494 posts
Oct 04, 2021 at 20:41
FedericoLin posted:
In my opinion you first need to know the amount of money you will put in, if you deposit 500€ u should not go with a 1:30 leverage broker because the margin will be very high and at most u can open 2 or 3 trades with the lot 0.01, if instead if your deposit is very high you can select a safe and regulated broker, however i'm not telling you that only low leverage broker are safe, there also high leverage (1:500) broker very safe, in conclusion i will summarise the concept:
Deposit > 10.000 High trusted broker (They always have 1:30 as leverage) example: Admiral Markets ecc...
Deposit< 10.000 Trusted and regulated broker with high leverage (1:200 - 1:500 - 1:1000) example: Roboforex that offer a large selection of leverage or Alpari ecc...
The broker that i mentioned are only example of broker that i trust, if you choose them i advise you to go and read some review so, you can understand if they are what you are looking for.
Regards,
Federico
Very informative post.
Oct 06, 2021 at 11:21
(edited Oct 06, 2021 at 11:44)
I will recommend https://nsbroker.com/ for newbies. They have a lot of educational materials that will help you easily jump into trading.
Also, they have a very interesting weekly market overview on their YouTube channel https://www.youtube.com/c/NSBroker
Also, they have a very interesting weekly market overview on their YouTube channel https://www.youtube.com/c/NSBroker
Member Since Jun 17, 2021
44 posts
Oct 07, 2021 at 11:33
A good broker is one that aligns with your requirements. For someone like me leverage is important so I use finprotrading.
Member Since Apr 09, 2019
516 posts
Oct 07, 2021 at 14:16
I have used brokers that only use bank deposits and some offshore ones that use BTC and found both ok. Just make sure you check reviews and overall reputation.
If you can't spot the liquidity then you are the liquidity.
Member Since Aug 17, 2021
87 posts
Oct 16, 2021 at 17:26
Do your homework. Be prepared before you start looking for a broker.
Know how they get paid.
Check educational qualifications and experience.
Ask about their lender panel.
Check their ownership structure.
See if your broker explains your options clearly.
Get it in writing.
Shop around for a cheaper loan.
Oct 22, 2021 at 08:17
I will recommend https://nsbroker.com/ for newbies. They have a lot of educational materials that will help you easily jump into trading.
Also, they have a very interesting weekly market overview on their YouTube channel
Also, they have a very interesting weekly market overview on their YouTube channel
Nov 02, 2021 at 13:29
KQad posted:
I recommend trading with FP Markets, an ASIC broker, their minimum opening balance is $100 AUD with some of the lowest spreads and slippages.
The other reason I recommend them is their customer service which is reliable and quick in solving clients queries even through emails or live chats.
Would deffiently recommend FP Markets
Member Since Jul 23, 2020
816 posts
Nov 04, 2021 at 08:11
Today, there are many brokers offering many facilities to attract traders. But choose broker wisely. Because there are many frauds among them.
Member Since Aug 05, 2021
394 posts
Nov 05, 2021 at 15:14
I also trade with an offshore broker so can't really help with this one. Still think there are a lot of advantages to using one, like higher leverage and so on but I can understand being nervous and changing if you're willing to give up some of the perks.
Member Since Aug 02, 2022
24 posts
Sep 01, 2022 at 07:00
You can also try using Coinexx and SuperForex. Trading conditions are good and withdrawals are processed quickly as well.
forex_trader_3043329
Member Since Oct 06, 2022
6 posts
Oct 06, 2022 at 10:21
It is possible if the account is demo, but then i won't work in real
Oct 18, 2022 at 13:05
I recommend trading on the ICM, CMC, or FP markets. Their spreads are quite narrow. I trade with FP Markets primarily because their execution speed is faster and their commission costs are lower than those of other similar ECN brokers.
Jan 27, 2023 at 14:07
investfox in-depth review states that OctaFX has decent scores in the majority of aspects, but significantly lacks in Safety and Security. investfox experts are saying that the broker should improve its safety features in order to attract a vast number of people. However, you will come across a lot of useful information in their educational department, thus investfox gives them 5 points in this regard.
Feb 20, 2023 at 15:19
I definitely recommend Interactive Brokers. It is an American company, which is regulated under US Forex laws. Simply known as IBKR, this broker is available in over 30 countries around the world, giving clients access to numerous trading assets.
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