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Forex Broker Recommendations?
Členem od Oct 10, 2021
3 příspěvků
Oct 10, 2021 at 01:34
Členem od Oct 10, 2021
3 příspěvků
Hi,
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,
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,
Členem od Jan 27, 2013
427 příspěvků
Oct 10, 2021 at 06:07
Členem od Jan 27, 2013
427 příspěvků
Main main two brokers are Tickmill and ICMarkets, their Seychelles branches due to 1:500 leverage available. No problem withdrawing your money.
Use only brokers with variable spread and NDD. Brokers with fixed spread are keeping "in house" your trades, never sent them to real market.
Use only brokers with variable spread and NDD. Brokers with fixed spread are keeping "in house" your trades, never sent them to real market.
Členem od Apr 09, 2019
516 příspěvků
Oct 11, 2021 at 14:29
Členem od Apr 09, 2019
516 příspěvků
I like using IG for their reputatiuon and great trading platform, IC Markets for the reasons well explained above me and EagleFX for crypto trading with decent leverage and options.
If you can't spot the liquidity then you are the liquidity.
Členem od Jun 08, 2020
40 příspěvků
Oct 12, 2021 at 10:26
Členem od Jun 08, 2020
40 příspěvků
From my experience, I will say FP Markets. They have been regulated since 2005, and it's a trusted global CFD and Forex broker.
I prefer them mostly because of the tight spreads and quick responding customer support team.
I prefer them mostly because of the tight spreads and quick responding customer support team.
Členem od Apr 02, 2020
34 příspěvků
Oct 14, 2021 at 08:48
Členem od Apr 02, 2020
34 příspěvků
I recommend trading with an ASIC broker FP Markets. They are one of the oldest brokers since 2005 with a good reputation.
I've been trading with it for over a year, good spreads and faster execution speed even their customer service is quick in solving clients queries.
I've been trading with it for over a year, good spreads and faster execution speed even their customer service is quick in solving clients queries.
Členem od Oct 14, 2021
1 příspěvků
Oct 14, 2021 at 09:51
Členem od Oct 14, 2021
1 příspěvků
The broker i use is called MOGAfx, an Australian broker regulate by ASIC. 1:500 leverage available, many different of account for option ( standard, VIP, low spread, 0 spread), also have copytrade system for those who does not know how to trade. Really nice account mangers help you with anything.
Členem od Aug 20, 2020
19 příspěvků
Oct 15, 2021 at 09:04
Členem od Aug 20, 2020
19 příspěvků
FP Markets is a good choice. I have been trading with them for a while now; their spreads are some of the tightest out there (at least in the major pairs- Averages 0 for most part of the day in EURUSD).
If you choose their Raw Spreads account, the commission charged per lot is 6$ per round lot, slightly cheaper than other similar ECN brokers.
If you choose their Raw Spreads account, the commission charged per lot is 6$ per round lot, slightly cheaper than other similar ECN brokers.
Členem od Aug 13, 2021
39 příspěvků
Oct 25, 2021 at 09:56
Členem od Aug 13, 2021
39 příspěvků
It will depend on which product you are trading. I will say there is specialty for some brokers. And yet, brokers those offer fix spread are mostly scammer.
Členem od Oct 20, 2020
45 příspěvků
Oct 27, 2021 at 11:20
Členem od Oct 20, 2020
45 příspěvků
"I recommend trading with FP Markets. They are regulated by ASIC, CYSEC and also have an offshore licence with St.Vincent.
Their spreads start from as low as 0.0pips and average at the same rate for most of my trades with lower commission costs and slippages."
Their spreads start from as low as 0.0pips and average at the same rate for most of my trades with lower commission costs and slippages."
Členem od Jul 23, 2020
696 příspěvků
Nov 10, 2021 at 12:05
Členem od Jul 23, 2020
696 příspěvků
Picking the right broker is hard. But traders should choose it carefully.
Členem od Jul 23, 2020
816 příspěvků
Nov 10, 2021 at 16:54
Členem od Jul 23, 2020
816 příspěvků
Choosing the best forex broker to trade forex does require some initial research to find the one most suitable for your trading needs and experience level.
Členem od Dec 28, 2019
19 příspěvků
Nov 11, 2021 at 08:01
Členem od Dec 28, 2019
19 příspěvků
Well, it's pretty difficult to recommend brokers because every trader has its own needs in trading activity. One trader will be okay with particular conditions, while another trader won't be okay with the same conditions. If you will describe what do you want to get from a broker, for example, you want no commision and tight spreads, then there is a chance that traders can recommend you a broker, in other cases it's quite hard I guess. Anyway, you should firstly make up a decision, which matter a lot for you in case of brokers, maybe you don't want to get system of types of account or something like that.
Periwield
Členem od Aug 13, 2021
39 příspěvků
Nov 24, 2021 at 06:53
Členem od Aug 13, 2021
39 příspěvků
I can only suggest broker that take USDT deposit. Bitcoin deposit is nearly impossible.
Členem od Oct 27, 2020
16 příspěvků
Nov 24, 2021 at 06:55
Členem od Oct 27, 2020
16 příspěvků
Recommendations are fine, but you should do your own research in finding your broker.
Členem od Jun 19, 2020
38 příspěvků
Dec 30, 2021 at 05:02
Členem od Jun 19, 2020
38 příspěvků
I am using 2 brokers currently (eaglefx,finprotrading) and I would recommend both of them, spreads are low, and they are good on the customer support front too.
Členem od Mar 16, 2021
447 příspěvků
Dec 30, 2021 at 14:54
Členem od Mar 16, 2021
447 příspěvků
Imamul posted:
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Every trader needs to have proper knowledge about broker trading. Trading will be very difficult if the broker does not have the right selection.
Členem od Jul 19, 2020
742 příspěvků
Dec 31, 2021 at 04:07
Členem od Jul 19, 2020
742 příspěvků
Imamul posted:
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
In order to select a broker, you need to gain proper information about that broker. Then starting from scalping, long time trading policy can be made properly.
Členem od Jun 26, 2020
323 příspěvků
Dec 31, 2021 at 08:21
Členem od Jun 26, 2020
323 příspěvků
without using practically thats really difficult to recommend at any broker , because lots of brokers are available in online and most of them are found to be scams.
Členem od Jul 04, 2022
23 příspěvků
Oct 10, 2022 at 09:07
Členem od Jul 04, 2022
23 příspěvků
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.
Členem od Aug 19, 2022
42 příspěvků
Oct 11, 2022 at 08:26
Členem od Aug 19, 2022
42 příspěvků
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.
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.

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