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New broker

ColinFogg
Oct 17 2022 at 12:35
posts 1
Hi there, I am new to fx trading, and I’m currently looking to find a decent uk broker. Can someone recommend a good broker to use please. I’m still trying to figure out which ones are worth there money.
HeavenLeighGill (HeavLeighGill26)
Nov 17 2022 at 18:47
posts 401
What sort of things are you looking for from a broker?
Jordan5ith
Nov 21 2022 at 12:15
posts 72
What type of broker are you looking for, and have you traded using a demo account first?
GordonDenzil
Nov 22 2022 at 11:42
posts 61
I trade through FP Markets, a reputable broker that is subject to ASIC and CYSEC regulation.

In comparison to other ECN brokers with comparable trading circumstances, their spreads start as low as 0.0 pips, and their commission is similarly lower (3$ per lot).
BarronLucas
Nov 23 2022 at 12:05
posts 35
If you are still looking for a broker, my advice would be to trade with ICM or FP Markets since their spreads are lower, starting at 0.0 pips.

The minimum opening balance is $200 AUD in ICM and $100 AUD in FP Markets, with a commission cost of $8 in ICM & $6 in FP Markets, which is lower than most ECN brokers.
Carlos122
Nov 24 2022 at 10:33
posts 37
I do agree that FP Markets is a good broker, but other brokers such as CMC and Etoro are also reliable, even for beginner traders.
Freddy Taylor (Freddy4Taylor)
Nov 25 2022 at 07:33
posts 35
I would recommend a few offshore brokers, but I'm not sure you have the ability to work with them, as opposed to Europe.
No job too big. No job too small.
lucasser
Nov 25 2022 at 11:19
posts 36
I recommendation selecting a dealer primarily based in your buying and selling fashion and additionally appropriate on your buying and selling strategy.

Since I'm a scalper, quicker execution and tight spreads had been my principal criteria, and FP Markets had been appropriate to it, and it's also regulated through ASIC.
Louren
Nov 28 2022 at 12:52
posts 27
You can try CMC or FP markets they are good regulated brokers with spreads averaging around 0.1-0.3 pips for most parts of the day.
Jordan5ith
Dec 06 2022 at 12:54
posts 72
What type of broker are you looking for? For example, I scalp, and for me FP Markets is suitable because of its robust trading conditions with lower spreads and commission costs.
klosspiece
Dec 21 2022 at 11:09
posts 45
Can anyone suggest a low-cost and reliable broker that also supports copy trading platforms like zulutrade or cTrader?
Cathedra
Dec 23 2022 at 09:36
posts 36
klosspiece posted:
Can anyone suggest a low-cost and reliable broker that also supports copy trading platforms like zulutrade or cTrader?
aaafx with ecnzulu account and pepperstone for ctrader - both are regulated and perfect low cost brokers imo 👍
klosspiece
Jan 04 at 12:00
posts 45
Cathedra posted:
klosspiece posted:
Can anyone suggest a low-cost and reliable broker that also supports copy trading platforms like zulutrade or cTrader?
aaafx with ecnzulu account and pepperstone for ctrader - both are regulated and perfect low cost brokers imo ?
In the case of ecnzulu, are you talking about zulutrade copy trading account?
Eric (Goldbarrel)
Jan 06 at 06:16
posts 33
Be careful, new brokers are not always unreliable.
Make money with people who know how to make money.
ElijahM
Jan 06 at 11:18
posts 49
New brokers can be scammers, it is better to do a bunch of research on them and try their demo account to know if they are suitable and reliable.

I prefer trading with older brokers like ICM and FP Markets that have been in the forex business for over a decade since they provide security and also have regulation from govt bodies like AISC & CYSEC.
davesper
Jan 07 at 11:53
posts 202
For some reason, a new broker is most often a risk for me. I have been working with a trusted broker from Amarkets for a long time, and this option really inspires confidence in me.
AurelieFrancis
Feb 16 at 08:11
posts 63
I suggest trading with a regulated broker, and new brokers that have entered the market can be scammers, so it is better to check reviews about them.

Using older brokers is better because they have been in the forex business for years, like ICM and FP Markets, which have over a decade of experience.
Prince Sajir (princesajir)
Feb 16 at 08:55
posts 136
1. Check the regulation (FCA)
2. Check the strength of the broker. Large banks, listed companies
3. Check the running time of the broker.
Meet the above conditions, basically no problem.
FredJones
Mar 02 at 08:06
posts 57
I started trading with FP Markets and am presently scalping with them; they are a respectable broker authorised by ASIC, and there are no hidden costs in addition to the listed spreads or charges.

Scalping with FP Markets is mostly influenced by raw spreads, since the lowest spread for trading EUR/USD is 0.0 pips, which is smaller than the rest of the rivals.
Danny Gilbert (Whitethroat)
Mar 08 at 06:49
posts 28
It's hard to trust new brokers these days.
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