Best Broker

akevi posted:
So i came across several forex traders and the ones i found actually good for a beginner is either Global Prime or FP markets, but if you have good experience you can figure out or by now one would know which one to use.

did u read any reviews first mate

AdamCantor posted:

akevi posted:
So i came across several forex traders and the ones i found actually good for a beginner is either Global Prime or FP markets, but if you have good experience you can figure out or by now one would know which one to use.

did u read any reviews first mate

Yes i did, check out on forex peace army and other sites as well you'll know that FP Market is good, a broker that provides a minimum of 100$ opening most people consider it to be a scam or a non-regulated, FP Market is regulated with ASIC and also its a Global forex trading broker. It has tighter spreads, various platform and maximum leverage to 1:500.

I see there are many brokers providing the same leverage, what about the Forex fees ?

How long does it take to open an account with FP Markets ?

Deposit and withdrawal process is it quick ?

Martinki posted:
I see there are many brokers providing the same leverage, what about the Forex fees ?

How long does it take to open an account with FP Markets ?

Deposit and withdrawal process is it quick ?

Yes, many brokers provide the same leverage, the commission you seek is lower.

To open an account with FP just takes few minutes its done in one day.

There are no issues or complains on the Deposit or withdrawal process till date.

FP Markets are good, i started trading with it and its been sometime now and they are really professional brokers.

Their spreads are low and have a commission is low compared to any other broker that is legitimate and they have a 24hrs customer service.

No spread widening issues like the other brokers, no depositing or withdrawing fees with my visa card, ecn pricing and fast execution.

There is no such thing as the best broker, we all do live in a very different conditions on all possible levels and are located in different countries with different regulators, different possible max spreads and entirely anything else to that matter. I do not see that clearly. To each his own.

It is very difficult to find a best broker from all, because there are almost thousands brokers in online Forex trading and most of them are found to be scams. You can choose a regulated trading broker which guarantee their clients finds.

choosing a regulated broker does not mean any safety of funds as we have many past examples of regulated brokers truing into scams over night , so in addition to check for a broker which is being regulated I do prefer going with those who are reputed too.

Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

Imamul posted:
 You can choose a regulated trading broker which guarantee their clients finds.

I agree, also you should always diversify your funds. never keep all your funds with only one broker. I myself have spread funds over Fxpro, HYCM, Fxview and XM.

In my trading, I am comfortable with the fixed trading spread, I see during the high voltage news, brokers (not all brokers) increase the trading spreads if traders use dynamic trading spread.

From my personal experience I prefer FP Markets, they provide a competitive trading offering suitable for both beginners and advanced traders

Adribaasmet posted:
In my trading, I am comfortable with the fixed trading spread, I see during the high voltage news, brokers (not all brokers) increase the trading spreads if traders use dynamic trading spread.

Even fixed spreads are stretched during news.
Read the blueprints.
So on normal conditions you pay more to your broker
On high volatility to pay the same as flex spread.

Actually we know that we need to test their credibility and reliability for a broker. I know its so simple to have here learn what are their payment methods and their customer satisfaction but its really risky particularly if we are new. So better to also consider those older brokers and most important are that they have forums that we can have discussion about their broker.

My recommendation is FP Markets (ASIC regulated), mainly for 2 reasons.

Trading conditions - They have some of the lowest spreads in their ECN account, EURUSD averages 0.0 pips for most parts of the day.

Customer support experience: This is really their USP, they take the extra effort to help their clients. I would suggest other traders to try FP Markets as well.

I believe not one broker can be best for all. Everyone has different expectations in relation to their account and in order to fulfill those, doing the research in the specific segments is necessary. I have been researching this by reading blogs. If anyone has the idea of more reading material online can provide me with suggestions.

Cooper078 posted:
My recommendation is FP Markets (ASIC regulated), mainly for 2 reasons.

Trading conditions - They have some of the lowest spreads in their ECN account, EURUSD averages 0.0 pips for most parts of the day.

Customer support experience: This is really their USP, they take the extra effort to help their clients. I would suggest other traders to try FP Markets as well.

Non-Australian traders are not allowed to use ASIC-regulated brokers. If the broker is still allowing you to open an ASIC-account with them although you're not from Australia then stay away! There've been a lot of complaints for ASIC-regulated brokers lately. It's just not allowed since January 2020.

I'm planning to open an account with FP Markets, Since I'm a scalper I'm thinking of opening a Raw Spreads account with them (ECN Pricing)

Is there any other hidden cost, apart from the Commission per Lot on their Raw Spreads account? Reviews from anyone currently trading with FP Markets would be appreciated.

Generally, for traders who are looking for stability with their trading price, brokers offering fixed or low spreads are the most preferred choice. You can use brokers like XTB, Coinexx, CMC Markets or Turnkeyforex as these are a few trustable options for traders with various experience levels. However, I prefer investing with Coinexx and XTB because they offer the best opportunity to earn profit with a low spread in a huge marketplace.