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Newbie requesting for advice.
Členem od Jun 20, 2017
2 příspěvků
Jun 20, 2017 at 06:19
Členem od Jun 20, 2017
2 příspěvků
Hi all,
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
to know and not to do it is not to know - by someone impt.
Členem od Feb 12, 2016
522 příspěvků
Jun 20, 2017 at 14:34
Členem od Feb 12, 2016
522 příspěvků
Hello, just to understand - what do you mean with safe?
Safe for funds (clients funds to be segregated from the companies) or anything else? Or which one offer better trading conditions?
Safe for funds (clients funds to be segregated from the companies) or anything else? Or which one offer better trading conditions?
Členem od Jan 05, 2016
1189 příspěvků
Jun 21, 2017 at 05:44
Členem od Jan 05, 2016
1189 příspěvků
LouAtWork posted:
Hi all,
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
I will send you a private message.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členem od Jun 28, 2017
4 příspěvků
Jun 28, 2017 at 10:00
Členem od Jun 28, 2017
4 příspěvků
Hi Louis,
I'm with VantageFX. We are regulated by both the ASIC in Australia and FCA in the UK. Would you like more details?
I'm with VantageFX. We are regulated by both the ASIC in Australia and FCA in the UK. Would you like more details?
Make Money
Členem od Feb 12, 2016
427 příspěvků
Jun 29, 2017 at 09:24
Členem od Feb 12, 2016
427 příspěvků
If you are more specific with 'safe brokers' maybe there will be many more suggestions. Elaborate more on the important things for you when choosing a broker.
Accept the loss as experience
Členem od Jun 02, 2017
13 příspěvků
Jun 30, 2017 at 12:12
Členem od Jun 02, 2017
13 příspěvků
Hi everyone..... I'm trading Forex only - major pairs. I am a newbie and I can't really understand how exactly the news are effecting the market price. Is it enough to concentrate on the technical analysis?
Členem od Mar 21, 2017
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Jun 30, 2017 at 12:14
Členem od Mar 21, 2017
13 příspěvků
there are no safe brokers but I can tell you that oanda has had any problems with US regs unlike forex.com and FXCM (lol). traders way isn't regulated however they have cTrader available but they do charge shit to of fees now with oanda you can trade below micro lots if you want to test you strategy with like 50$ in your account just my 2 cents
Členem od Mar 21, 2017
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Členem od Jan 05, 2016
1189 příspěvků
Jul 02, 2017 at 06:36
Členem od Jan 05, 2016
1189 příspěvků
icepower72 posted:
Hi everyone..... I'm trading Forex only - major pairs. I am a newbie and I can't really understand how exactly the news are effecting the market price. Is it enough to concentrate on the technical analysis?
In my opinion, to be a truly great trader you need to understand both technical and fundamental analysis.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členem od Jan 05, 2016
1189 příspěvků
Jul 02, 2017 at 06:37
Členem od Jan 05, 2016
1189 příspěvků
rainfall posted:
there are no safe brokers but I can tell you that oanda has had any problems with US regs unlike forex.com and FXCM (lol). traders way isn't regulated however they have cTrader available but they do charge shit to of fees now with oanda you can trade below micro lots if you want to test you strategy with like 50$ in your account just my 2 cents
Oanda has two options for traders in their pricing.
One with with commission and a slightly lower spread, or you can opt out of commissions and get pure spread only.
Both are extremely reasonable. The typical spread on Oanda without the commission is around 2 PIPS on EURUSD, with the commission it's about 1 PIP.
I have accounts at both Oanda and Traders Way, and I've never had a problem with either of them. I do like oanda though, because on smaller accounts you can trade smaller than 0.01 lot sizes on their standard forex accounts.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členem od Dec 22, 2014
2 příspěvků
Jul 03, 2017 at 06:11
Členem od Dec 22, 2014
2 příspěvků
I wouldn't say 1 pip spread on EURUSD is reasonable if you can easily find brokers with spread around 0,5 pip. Darwinex, Lmax, Squared name only few. All of them regulated and have good reputation
Členem od Dec 22, 2014
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Jul 03, 2017 at 06:11
Členem od Dec 22, 2014
2 příspěvků
I wouldn't say 1 pips on EURUSD is reasonable if you can easily find brokers with spread about 0,5 pip. Darwinex, Lmax, Squared name only few. All of them regulated and with good reputation.
Členem od Jun 28, 2017
4 příspěvků
Jul 03, 2017 at 06:18
Členem od Jun 28, 2017
4 příspěvků
VantageFX has no Commsion...
Make Money
Členem od Feb 12, 2016
427 příspěvků
Jul 03, 2017 at 14:45
Členem od Feb 12, 2016
427 příspěvků
OANDA is a good broker from what I've heard and read. I've seen very very few bad reviews - everything else is positive. I've never tried to trade with them, but got curious now... and it sounds 'safe' enough :D
Accept the loss as experience
forex_trader_29148
Členem od Feb 11, 2011
1916 příspěvků
Jul 04, 2017 at 06:27
Členem od Feb 11, 2011
1916 příspěvků
PeteVantageFXCN posted:no commission! they must live from fresh water and love
VantageFX has no Commsion...
Členem od Jun 28, 2017
4 příspěvků
Jul 04, 2017 at 06:51
Členem od Jun 28, 2017
4 příspěvků
Just the spreads which are extremely low actually mate.
Make Money
Členem od May 05, 2017
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Jul 04, 2017 at 09:58
Členem od May 05, 2017
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I'm trading with Teletrade. You can find out this broker.
Členem od Jun 28, 2017
4 příspěvků
Jul 05, 2017 at 11:09
Členem od Jun 28, 2017
4 příspěvků
TiffanyK posted:
OANDA is a good broker from what I've heard and read. I've seen very very few bad reviews - everything else is positive. I've never tried to trade with them, but got curious now... and it sounds 'safe' enough :D
You havent been on there Facebook Page recently? The reviews arent great at all!
Make Money
Členem od May 17, 2011
19 příspěvků
Jul 05, 2017 at 12:36
Členem od May 17, 2011
19 příspěvků
I have account for 5 years at Admiral Markets- never had problems ... can recommend them 100%
Lack of patience is one of the most important reasons of forex traders failure
Členem od Dec 11, 2015
1487 příspěvků
Jul 10, 2017 at 13:06
Členem od Dec 11, 2015
1487 příspěvků
My recommendation is that whatever broker you pick because someone recommended them to you, always check for yourself whether there have been any warnings or fines against them. (https://www.forexbrokerz.com/news/tags/warning). Do your own research and if you’re satisfied with the results and the terms and conditions of said broker sign up with them.
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