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Is CMC Markets and FP Markets suitable for beginners?
Mar 17, 2022 at 12:15
Anggota Sejak Sep 02, 2020
14 pos
In my opinion, the most part of the brokers would suit beginning traders, especially when it comes to demo account. Demo account conditions are of course exclusive, however they work on the same principle and everything you need are money, indicators and analytical things such as economic calendar for example.
The rest doesn't really matter.
To my mind, these days there are plenty of reliable brokers on the market and if you a newcomer, then choose thsoe ones where reviews are mostly positive and check everything on your own.
Before you give your funds to this broker check the work of customer support, ask various questions, check regulations and check processes of depositing and withdrawing money. Thus you will be able to make conclusions.
The rest doesn't really matter.
To my mind, these days there are plenty of reliable brokers on the market and if you a newcomer, then choose thsoe ones where reviews are mostly positive and check everything on your own.
Before you give your funds to this broker check the work of customer support, ask various questions, check regulations and check processes of depositing and withdrawing money. Thus you will be able to make conclusions.
Anggota Sejak Aug 04, 2014
64 pos
Apr 01, 2022 at 09:59
Anggota Sejak Jan 14, 2021
57 pos
I have not traded with CMC Markets but am currently trading with FP Markets and from my trading experience with them for close to a year, I can say it is suitable for beginner traders.
FP Markets is regulated by ASIC with a minimum opening balance of $100 AUD and it is one of the oldest brokers active for over 15 years.
FP Markets is regulated by ASIC with a minimum opening balance of $100 AUD and it is one of the oldest brokers active for over 15 years.
Anggota Sejak Aug 05, 2021
401 pos
Anggota Sejak Apr 09, 2019
538 pos
Anggota Sejak Aug 05, 2021
401 pos
May 04, 2022 at 14:39
Anggota Sejak Aug 05, 2021
401 pos
Did you open an account with either? I was just thinking, while both of those are good I think CedarFX may be better in some categories. I know CMC has customer support online during weekdays, but theirs is 24/7, for example. I also think the fees are slightly lower because they don't charge commission. Just throwing that out there just in case it helps!
Anggota Sejak Sep 06, 2022
26 pos
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