Do not rush to choose a broker, one you come across, always look at several options, compare and give yourself the opportunity to weigh everything correctly.
Given the number of online brokers, it is a tough task to figure out the right broker for yourself. Yet, if you are clear about your requirements, half the problem is almost solved. As for choice, I feel that its actually wise to do some digging and demo trade with a 2-3 shortlisted ones to see which one fits you the best. And not to forget, always look for some genuine brokers not because they are some big names of industry but because they are regulated and have good trading conditions.
There are really a lot of brokers now, you don't need to choose and look at the conditions that he provides to you and how transparent it is.
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.
I recommend FP Markets; I trade with them, their ECN spreads are really tight (Averages 0.0 pips in EURUSD), and the commission per lot is also lower when compared with other similar ECN brokers.
May 11 2021 at 00:16
Try demo account first test the services of a broker. And always trade with a regulated broker.
May 11 2021 at 08:33
I also first just checked everything before choosing the Amarkets broker and he knew all the nuances of all the details and then he stayed to cooperate with him
May 17 2021 at 15:37
My suggestion would also be FP Markets. There is no doubt that this broker is good for scalping because I was surprised by its stable, consistent spreads even when the markets were highly volatile.
Now let's easily check the brokers, trade for on his demo account, this will give you some understanding of how he works.
May 19 2021 at 11:07
without using practically thats really difficult to recommend at any broker , because right now so many brokers are available in this market place and most of them are found to be scams.
I suggest trading with a reputable broker like FP Markets. I trade using their raw ecn pricing account, and they have a robust trading condition with some of the lowest spreads in EURUSD and other major or minor currency pairs.
May 20 2021 at 09:02
SigmaVess posted:
Hello fellow traders, I need a suggestion from this vibrant community.
Which broker you suggest for trading under these circumstances:
-starting capital 2000 EUR
-MT4 platform
-Rely mostly on Hedging strategies, automated (EAs)
-need a good levererage, like 1:300 least
-lot precision of 0.01
-Euro citizen
-Regulated
I know its a complicate question due to many factor, but having made a list of potential cadidates I would like to see if they are common,
Thanks,
Sy
Hey, I have a couple of broker in my mind which might fulfil most of the trading conditions that you are asking for. try out Fxview and FXCM.
the first one will help you to reduce your trading cost with minimal spreads and low commission. Though you will have to figure out for leverage.
The more your practice, the more you learn.
I suggest FP Markets because from my perspective, FP Markets spreads is tighter and compared to other ecn brokers, its slippage and commission cost is lower.
Choosing a good broker is very hard because there are many brokers out there and you must read about them at different reviews sites and choose one of them according to your requirements.
What's good for you, may not be right for the other person . So that's why it becomes important to consider those factors while choosing a broker which matches with your trading style. Can tell about myself what I looked for, while choosing fxview for myself. Regulation, support and low fees have always been the main criteria for me.
May 21 2021 at 07:05
Dictiony posted:
Choosing a good broker is very hard because there are many brokers out there and you must read about them at different reviews sites and choose one of them according to your requirements.
right. a trader should make a list of its requirements and draw a comparison between all the brokers offering those trading conditions. The one which over powers all other brokers should your optimal broker.
The more your practice, the more you learn.
I really did a comparison between several brokers, and that is why I chose the Amarkets broker, because all the information is available, I am open, the conditions are transparent, and they really suit me.
I have traded with Amarkets, but the trading conditions were not that great. I prefer trading with CMC Markets or FP Markets and they offer a better trading condition with tighter spreads.
I would recommend fxview to you. It fits all the parameters that you've stated except the 1:300 leverage part. Although you can that as well with their professional account (though I've never used it).
urcondis posted:
I would recommend fxview to you. It fits all the parameters that you've stated except the 1:300 leverage part. Although you can that as well with their professional account (though I've never used it).
Thank you so much...
