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Looking for Broker

dap042s1
Nov 10 2020 at 03:31
1 Posts
New to FX trading. Live in US, wanting to trade FX and Crypto. Anyone with a couple of years under their belt of trading experience, I would love to hear your opinion. Currently I use Lqdfx as my broker, they make me nervous bc they are based out of the Marshal Islands and can only fund account with BTC. So deposits and withdrawals you lose a good bit of money. Looking for broker that I could directly fund with bank account. Thanks in advance.

Mitchelsantner
Nov 19 2020 at 12:44
34 Posts
Funding with bitcoin is actually secure and faster, there’s no reason to worry on that. But if you want a broker that allows funding directly from bank account you can try xm or fxview. These are offshore brokers too but regulated, so again no red flags. If you would want only a US based broker you might miss out on a lot of flexibility in trading like small account size and trading fees which only the ones outside US can legally provide. However I’m not sure if these brokers accept clients from US, you’ll have to check on that.

GeorgeBischof
Nov 19 2020 at 17:15
318 Posts
A broker is the most important thing in forex trading. Without a broker, you can not trade in the forex market.

AliaDare
Nov 20 2020 at 00:27
776 Posts
Profit cannot be made if the broker does not provide proper service. To make a profit, you must take the help of a broker. A good broker can help you achieve success.

Shelby10
Nov 20 2020 at 11:12
140 Posts
A broker is the most important element in the forex market. You should pick the regulated broker to make a good trading career.

ElliotCooke
Dec 06 2020 at 10:20
341 Posts
You can not trade in the market without a broker. But choosing s broker is not so easy. You have to pick a regulated broker to make a profit from this risky market.

GordonDenzil
Dec 08 2020 at 15:46
39 Posts
'I recommend trading with FP Markets, It's regulated by ASIC and CYSEC (EU), so there is no price manipulation.

The minimum opening balance is $100, the spreads and commission offered are lower when compared to other ECN brokers.'

first_time
Dec 09 2020 at 06:46
73 Posts
GordonDenzil posted:
'I recommend trading with FP Markets, It's regulated by ASIC and CYSEC (EU), so there is no price manipulation.

The minimum opening balance is $100, the spreads and commission offered are lower when compared to other ECN brokers.'



Just checked with them, they seem good but I do think that commissions are a bit pricey, I would recommend fxview which is $2 RT, and also the minimum deposit is just 5.

Daniel993
Dec 09 2020 at 14:49
38 Posts
'I'm a scalper trading with FP Markets mainly because of their robust trading conditions.

It is regulated by ASIC and also has an offshore license with St. Vincents. Their spreads are some of the lowest out there starting from 0.0pips.'

Dariusz (Dariusz54t454)
Dec 10 2020 at 12:05
17 Posts
I recommend choosing a broker very responsibly. Because your trading results will greatly depend on this.

Ebin
Dec 11 2020 at 17:13
38 Posts
I trade with a reliable broker since I'm a scalper so spreads and execution is important, which is why I trade with FP Markets an ASIC regulated broker.

The spreads in major pairs like EURUSD, GBPUSD, etc... start from 0.0pips most of the day and the execution is really fast.

Imamul
Dec 15 2020 at 05:47
651 Posts
when looking for a broker we the traders first of all have to ensure the review , i mostly prefer fpa where all traders express their view about brokerage.

Alonzo (Alonzo_)
Dec 15 2020 at 10:58
3 Posts
Yes, the choice of a broker is obviously very important. But there is something without which you shouldn't even start trading. This is Faith in yourself, and self-confidence. If you start a new business and do not believe in your victory, the result will be sad.

Jude_craig
Dec 16 2020 at 07:15
79 Posts
Ebin posted:
I trade with a reliable broker since I'm a scalper so spreads and execution is important, which is why I trade with FP Markets an ASIC regulated broker.

The spreads in major pairs like EURUSD, GBPUSD, etc... start from 0.0pips most of the day and the execution is really fast.


I've heard this name pretty much. How about the withdrawals? Are they timely?

Dictiony
Dec 16 2020 at 09:35
231 Posts
Yes, the choice of the broker is pretty much depends on you that how you can search on intternet and how to find a reliable and trusted broker. Always choose a broker with good online reputation with low spread and good customer support.

Justin990
Dec 16 2020 at 13:25
23 Posts
Based on my experience FP markets are a suitable broker scalping. Their ECN spreads are some of the best out there and offer a maximum leverage of 1:500.

FP Markets is regulated by ASIC and has been operational since 2005, so they are reliable too.

Antonio_K
Dec 17 2020 at 06:14
23 Posts
Dictiony posted:
Yes, the choice of the broker is pretty much depends on you that how you can search on intternet and how to find a reliable and trusted broker. Always choose a broker with good online reputation with low spread and good customer support.


There's so much about brokers on the internet. How do we make out what information is genuine and what's not?

Xazvier
Dec 17 2020 at 14:43
30 Posts
'I'm trading with FP Markets currently, and it seems reliable, no issues so far. The spreads start from 0pips in most major pairs like EURUSD, JPYUSD and GBPUSD.

During my initial stages, I had a lot of queries and their dedicated manager from customer service was really helpful and patient to solve any kind forex related questions.

Shelby10
Dec 18 2020 at 20:51
140 Posts
A demo account is the best in the world.. It will help you to make proper knowledge and improving skills to make money from the market.

lucasser
Dec 19 2020 at 14:00
25 Posts
I mainly scalp and have been trading with FP Markets for a while. Their Raw Spreads account has some of the tightest spreads out there and no spread widening issues even during high volatile market movements.

No issues during withdrawal Process as well. I deposited using a card and was able to withdraw back to the same card easily.

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