In my view, Etoro and FP Markets are better brokers because their trading conditions are robust with regulations from ASIC and CYSEC, FP Markets is also one of the oldest brokers to be active for over 15 years.
From the comments, I can see ICM and FP Markets are the most used. I trade with FP markets mostly because of its lower commission cost, which is $3 per lot, and they have over 10,000 different instruments to trade global stocks and commodities.
Pyrotrading
Member Since May 11, 2022
6 posts
May 17 2022 at 14:13
ElijahM posted:Etoro is not a good broker when it comes to day trading. Too high costs and slow servers (which often fail at short notice when there are strong movements). If you trade stocks on a daily or weekly basis, Etoro is perfectly fine.
From the comments, I can see ICM and FP Markets are the most used. I trade with FP markets mostly because of its lower commission cost, which is $3 per lot, and they have over 10,000 different instruments to trade global stocks and commodities.
More than 10.00 values that you can trade is not a quality feature. In general, you should decide whether you want to trade currencies, commodities, etc. Because these behave very differently from one another.
A last aspect is the slippage, which can partly be present from the broker side, which is why you should take a closer look there too (I'm not talking about the spread).
At the end of the day, everyone has to see for themselves what suits them personally. Therefore you should look at different brokers and then decide (test real money accounts and no demo accounts).
In my opinion, I usually trade in MogaFx, a newer and better brokers because their trading conditions and they are regulated by ASIC as well. Hope this option make u consider more.
before choosing this , have you checked FPA where all traders express their views ?
Tradelist45
Member Since Jun 26, 2020
308 posts
May 22 2022 at 08:54
what you think guys all reviews from FPA is really good ?
AurelieFrancis
Member Since Jan 14, 2021
63 posts
May 23 2022 at 08:23
In my opinion, FP Markets is a better broker when compared to my previous brokers. The spreads are tighter, starting at 0 pips with $3 per lot, and the customer service team are quick in responding to my queries, even through emails and live chats.
I personally prefer FP Markets over any broker because their trading conditions are robust with lower slippage and spreads.
The customer service is also quick in responding to queries, even through emails and live chat for most parts of the day.
The customer service is also quick in responding to queries, even through emails and live chat for most parts of the day.
Familistery
Member Since Mar 21, 2022
29 posts
May 24 2022 at 11:46
You can consider these brokers. They are all multi-regulated low-spread brokers (from 0.1 pips) with good trading conditions.
• Fxview - commission fee ($2/lot RT), Regulations (CySec and FSA)
• ICMarkets - commission fee ($7/lot RT), Regulations (FSA, ASIC, CySec and SCB)
• XM - commission fee ($7/lot RT), Regulations (FSC, CySec, DFSA and ASIC)
• Fxview - commission fee ($2/lot RT), Regulations (CySec and FSA)
• ICMarkets - commission fee ($7/lot RT), Regulations (FSA, ASIC, CySec and SCB)
• XM - commission fee ($7/lot RT), Regulations (FSC, CySec, DFSA and ASIC)
I can see some good brokers and I recommend trading with FP Markets because, in my opinion, the spreads and commission costs are some of the lowest.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
From my experience with several brokers in the past, I will say Skilling and FP Markets are better brokers because their spreads are tighter with lower slippage.
In skilling, the commission per round per lot is only $7, while in FP Markets, it is $6.
In skilling, the commission per round per lot is only $7, while in FP Markets, it is $6.
I prefer using FP Markets over any broker because the trading conditions are robust and it is also an older broker, active for over 15 years.
I've been trading with it for over a year and have had no issues so far, even the withdrawals and deposits are smooth with quick responses from the customer service team.
I've been trading with it for over a year and have had no issues so far, even the withdrawals and deposits are smooth with quick responses from the customer service team.
dutchy1986
Member Since Jan 13, 2021
52 posts
Jun 13 2022 at 16:10
Jamerson posted:
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
I would say neither as not heard or used them
In my view, FP Markets is a better broker because they are an older broker with over 15 years of forex business experience and they are regulated by ASIC & CYSEC.
The customer service is prompt in answering and solving my queries even when I try to reach them through emails or live chat.
The customer service is prompt in answering and solving my queries even when I try to reach them through emails or live chat.
Using xm for forex trading and aaafx for stock trading via CFDs, this combination has gone smoothly so far.
To be honest mate when you have a shortlist like this it might be worth trying all of them to see how you get on with a small bank.
If you can't spot the liquidity then you are the liquidity.
Since there are not many brokers recommended in this thread, it is best to try the recommended brokers' demo accounts, like FP Markets, for example, since their demo account also has education materials and the customer service is quick in responding to their clients.
In my view, CMC and FP markets are a better brokers when compared to other ECN brokers, their trading conditions are robust and they are regulated by ASIC.