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Looking for Broker

Nov 10, 2020 at 03:31
Vistas 3,471
57 Replies
Miembro desde Nov 05, 2020   posts 1
Nov 10, 2020 at 03:31
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.
Miembro desde Oct 13, 2020   posts 34
Nov 19, 2020 at 12:44
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.
Miembro desde Jul 19, 2020   posts 318
Nov 19, 2020 at 17:15
A broker is the most important thing in forex trading. Without a broker, you can not trade in the forex market.
Miembro desde Jul 19, 2020   posts 788
Nov 20, 2020 at 00:27
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.
Miembro desde Jul 20, 2020   posts 341
Dec 06, 2020 at 10:20
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.
Miembro desde Jun 22, 2020   posts 77
Dec 09, 2020 at 06:46
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.
Miembro desde Feb 12, 2020   posts 17
Dec 10, 2020 at 12:05
I recommend choosing a broker very responsibly. Because your trading results will greatly depend on this.
Miembro desde Jun 08, 2020   posts 44
Dec 11, 2020 at 17:13
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.
Miembro desde Aug 09, 2017   posts 785
Dec 15, 2020 at 05:47
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.
Miembro desde Dec 03, 2020   posts 3
Dec 15, 2020 at 10:58
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.
Miembro desde Dec 05, 2020   posts 81
Dec 16, 2020 at 07:15
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?
Miembro desde Apr 01, 2020   posts 231
Dec 16, 2020 at 09:35
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.
Miembro desde Apr 02, 2020   posts 39
Dec 17, 2020 at 14:43
'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.
Miembro desde Aug 09, 2017   posts 785
Dec 20, 2020 at 05:41
we the 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.,
Miembro desde Jun 05, 2020   posts 4
Dec 20, 2020 at 07:09
Steps to choose broker:

1. Fast Deposit (Within a day)
2. Fast Withdrawal (Within a day)
3. Low Spread
4. Fast Execution
Miembro desde Apr 01, 2020   posts 231
Dec 21, 2020 at 09:32
Without the help of a broker you never can be a successful trader and always choose a broker with good trading conditions like low spread and good customer support.
Miembro desde Dec 05, 2020   posts 81
Dec 22, 2020 at 06:25
Xazvier posted:
'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.

I have seen this broker's name a lot on the internet, how is your experience with the withdrawals?
Miembro desde Nov 03, 2020   posts 70
Dec 22, 2020 at 12:10
Dictiony posted:
Without the help of a broker you never can be a successful trader and always choose a broker with good trading conditions like low spread and good customer support.
Totally! being a scalper, spreads and commissions eat up alot if looking at yearly performance which could have saved atleast half, led me to find low-cost broker (ended up with fxview), had demo and started live few months ago and wished I could have found them earlier to save alot of unnecessary costs. but what's gone is gone, experience matters.
Miembro desde May 11, 2020   posts 74
Jan 13, 2021 at 11:49
I always recommend people closed to me to go with a regulated broker with low minimum deposits like Fxview (cysec, $5) and Tickmil (fca, $100)
Miembro desde Feb 11, 2020   posts 24
Jan 15, 2021 at 18:51
I would just spend some time checking out some reviews of different brokers from traders and see which ones suit you best.
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