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Choosing the Right Broker
Mitglied seit Jul 20, 2020
232 Posts
Sep 08, 2020 at 19:11
Mitglied seit Jul 20, 2020
232 Posts
Choosing the right broker is the most difficult task in this market. There are so many fake brokers in this market. You have to be very careful at the time of choosing the right broker. You can take help from the websites that provide broker reviews.
Mitglied seit Jul 19, 2020
318 Posts
Sep 10, 2020 at 12:20
Mitglied seit Jul 19, 2020
318 Posts
Choosing a good broker is not an easy task at all. Many traders lose their money because of choosing the wrong broker. So, be careful when you are going to choose a broker for you. You can take help from those websites that provide broker reviews.
Sep 10, 2020 at 12:49
Mitglied seit Jul 19, 2020
298 Posts
Choosing a right broker is very important. Your money will be with the broker. So you need a trusted broker so that your money remains safe. A regulated and licensed broker is a good one to choose. You also need to see their spreads, leverage, margin and deposit and withdrawal facilities.
Sep 11, 2020 at 11:38
Mitglied seit Aug 28, 2020
37 Posts
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
Mitglied seit Aug 20, 2009
266 Posts
Sep 11, 2020 at 11:55
Mitglied seit Aug 20, 2009
266 Posts
Ramierez posted:
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
I have used both and they are both good brokers. I would tend to favour FP markets a bit as their swaps seem to be slightly better, but you won't go wrong with either.
Wealth Creation Through Technology
Mitglied seit Jul 23, 2020
759 Posts
Sep 23, 2020 at 17:43
Mitglied seit Jul 23, 2020
759 Posts
Downtobusines posted:There are lot of scam broker in the market. They are stealing money from traders in various way. Don’t you think we should worry about that??
People spend too much time worrying about broker. Just get an ECN broker that has a good rating on MyFXBook. Then focus on trading
Mitglied seit Oct 05, 2020
65 Posts
Mitglied seit Jun 03, 2020
56 Posts
Mitglied seit Jun 22, 2020
39 Posts
Mitglied seit Jul 19, 2020
318 Posts
Mitglied seit Jul 20, 2020
232 Posts
Mitglied seit Jul 23, 2020
869 Posts
Oct 23, 2020 at 17:21
Mitglied seit Jul 23, 2020
869 Posts
GeorgeBischof posted:Most of time unregulated brokers are scam brokers. If you are investing in unregulated one, it would be up to you. Regulator will not help you if something goes wrong.
Choosing a good broker is not an easy task. You have to be very careful when you are going to choose a good broker. Because there are so many fake brokers which can put you in great danger.
Mitglied seit Jul 20, 2020
341 Posts
Mitglied seit Mar 16, 2020
54 Posts
Nov 30, 2020 at 11:02
Mitglied seit Nov 02, 2020
36 Posts
LyudmilLukanov posted:GeorgeBischof posted:Most of time unregulated brokers are scam brokers. If you are investing in unregulated one, it would be up to you. Regulator will not help you if something goes wrong.
Choosing a good broker is not an easy task. You have to be very careful when you are going to choose a good broker. Because there are so many fake brokers which can put you in great danger.
Well said. Unregulated brokers can't be totally relied upon. Regulated brokers like Fxview, ICM, Xm are much safer options to be with when choosing a broker.
Nov 30, 2020 at 16:50
Mitglied seit Apr 02, 2020
39 Posts
The most crucial part of trading is choosing the right broker. I trade with FP Markets an ASIC and CYSEC regulated broker. Since I scalp, the main criteria are spreads and execution.
The spreads in FP Markets start from low as 0pips and execution speed is faster when compared to other similar brokers.
The spreads in FP Markets start from low as 0pips and execution speed is faster when compared to other similar brokers.
Dec 04, 2020 at 04:57
Mitglied seit Apr 15, 2020
219 Posts
Finding the right broker is the most difficult task in this market. There are so many fake brokers in this market. Due to which many traders had lost their money. You have to be very careful at the time of choosing the right broker. You can take help from the websites that provide broker reviews. Take enough time to choose the right, reliable and safe broker because a large part of your trading success depends on it.
The more your practice, the more you learn.

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