Broker

Broker is the medium of online trading. There are many scams broker out there. For trading you need to find a regulated and licensed broker with good facilities. Keep in mind their margin, spreads, withdrawal and deposit systems while choosing a broker.

A broker is the most important element in forex trading. You can not make the trade without a broker. you have to choose a reliable broker to make money from this market. Because most of the traders lose their money because of choosing the wrong broker for them.

Daniel993 posted:
I mostly scalp in the Majors, So looking for broker that offers tight spreads (Preferably ECN Pricing) and most importantly is stable during high volatility market movements.

I read reviews on ICM, FP Markets and Globalfx not sure which broker would be suitable for my requirements. Any reviews on these brokers ?

ICM is good to go, I have an account with them and also using fxview, their spreads are also good and commissions are lower than ICM only $2/lot RT, good for scalping.

Hello Johannes,

According to your specifications, you must go for turnkey forex, coinexx, fxbrew, and ic markets. All these are very good brokers with MT4 platform and a separate member portal with low spreads & commissions.

The best broker according to me always make certain easy withdrawal system without long time process and they for all time ensures best trading environment for using any trading techniques by providing comfortable trading spreads as well minimum margin requirements.

Yes for trading we need a good broker. A broker thatis regulated and licensed. A broker that provide low spreads and easy withdrawal and deposit facility. Requotes also need to consider. If you are a scalper you have to find a broker without requotes.

there is any guarantee that only regulated trading broker always can ensure security of funds with a wide range of trading technologies. actually its all about the matter reliability.

For EU brokers and MT4, I believe these brokers are good fits in order (low spreads, EU regulated):

- ICM
- Fxview
- Tickmill
- Fxpro
- Hotforex

There might be many more options, but I think one/two of these are enough to look at.

SCAM is increasing during Covid-19 pandemic. Trader should always check regulator website. They often alert trader of new scam broker.

due to COVID 19 situation most of the broker right now cutting their high leverage ratio
. its really true ? there is anyone who has experience about that ?

You can choose IC markets,Fxpro,HYCM. But make sure to check the trading conditions on demo account before going live with any broker

Broker is the most important element in trading. Without a good broker, you can not make money from this market. So, choose a good and reliable broker for you to trade and make profit.

ElliotCooke posted:
Broker is the most important element in trading. Without a good broker, you can not make money from this market. So, choose a good and reliable broker for you to trade and make profit.

Good broker is needed for avoiding scam. Good trading platform and services help you to enjoy your trading journey more.

The broker can create the necessary technique for a trader. If choosing that broker is wrong then trading can be a lot of trouble. So I suggest everyone choose the right broker.

broker is a big deal right now in Forex trading , it should be chosen with cool mind , because in spite of good knowledge good result will not come ifr you don't have a reliable support from a credible broker , fact , broker always can affect the result of our trading with certainly.

Even though so many traders always emphasis on acquiring good trading knowledge but I don’t. Because, according to me despite of having most powerful analyzing trade knowledge that’s not possible at all to lead a healthy trading life with certainly, as a result the broker can affects the result of our trading with certainly. So when choosing a broker we have to be more careful.

right now most of the broker cut their high leverage ratio , i dont why , any idea about this ?

Imamul posted:
right now most of the broker cut their high leverage ratio , i dont why , any idea about this ?

Most brokers will do this because of regulations from ESMA (EU), NFA (USA) and other regulators.
Only offshore brokers will still have the higher leverages.

jordonjamesson posted:
I'd go with ICMarkets.

You should be careful if you're a resident of the EU:

Below are the sites Consob has ordered to be blacked out:
...
Raw Trading Ltd (website www.icmarkets.com);
....

Source: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela