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Forex Broker Recommendations?

dodusstangin
Oct 10 at 01:34
3 Posts
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,

ovisun
Oct 10 at 06:07
429 Posts
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.

Seb King (sebking1986)
Oct 11 at 14:29
161 Posts
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.
Ebin
Oct 12 at 10:26
36 Posts
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.

Carlos122
Oct 13 at 09:15
31 Posts
There are several good brokers out there, and after long research, I found FP Markets suitable for me. I recommend trying them because their trading conditions are some of the best.

Spreads are tighter even during high volatile markets news events with minimum slippages and lower commission costs.

skihav
Oct 13 at 12:55
380 Posts
So far, I think the best option for work is a broker from Amarkets. I really like this option, and I'm happy with the results.

Xazvier
Oct 14 at 08:48
30 Posts
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.

AileeHuang
Oct 14 at 09:51
1 Posts
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.

skihav
Oct 14 at 18:09
380 Posts
So far, in terms of work, I can really advise a broker from Amarkets. This is really the option with which it is now quite possible to make money.

NathanJr
Oct 15 at 09:04
16 Posts
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.

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