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What safety measure I need to take before choosing any forex broker?
Oct 07, 2020 부터 멤버
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Oct 07, 2020 부터 멤버
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Nov 06, 2020 at 05:00
Oct 07, 2020 부터 멤버
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In short you have to look for the broker which is being regulated by local authorities like FINMA in Switzerland, FSA in Denmark, AMF in France, CNWV in Spain,FMA in Austria, MFSA in Malta, CySEC in Cyprus etc. Similarly if a broker needs to undertake financial services in the UK, it has to be authorized by FCA.
Nov 11, 2020 at 04:06
Jun 23, 2020 부터 멤버
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Rosstaylorr posted:withdrawals are a bliss with fxview. Mine took just one day!
It’s crazy how some brokers take only 2 or 3 days to process withdrawals while some can take a whole week. Better obviously to use ones that are speedier in this regard, fxview and XTB imo are fast when it comes to withdrawals.
Jul 20, 2019 부터 멤버
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Nov 17, 2020 at 12:55
Jul 20, 2019 부터 멤버
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marnuslabushane posted:feelsofine posted:marnuslabushane posted:davidkew posted:do traders have much reasons to trust it, given it is unseen by a majority of pro traders?Rosstaylorr posted:withdrawals are a bliss with fxview. Mine took just one day!
It’s crazy how some brokers take only 2 or 3 days to process withdrawals while some can take a whole week. Better obviously to use ones that are speedier in this regard, fxview and XTB imo are fast when it comes to withdrawals.
Not necessarily maybe the broker in relatively new and we've haven't heard of it yet. Shouldn't judge. btw visited the site looks legit they've got couple of EU regulation.
This is the first thing that every professional is recommending me, are there specific regulations for Europe I need to keep in mind?
The biggest ones are ESMA in Europe. Cysec is regulated under ESMA as far as I know.
But you always need to make sure that the broker who's offering accounts under EU-regulation also must give you a proper account then. The broker is not allowed to give you an account with T&C's out of Europe. A lot of offshore and ASIC brokers are known for giving accounts that are not regulated in Europe, although on their pages it is said they also have a Cysec license. How do you know that? Just have a look on the registration-link; it usually contains something like ".eu", "com/eu", ".eu.xyz.com".
patience is the key
Aug 17, 2020 부터 멤버
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Oct 07, 2020 부터 멤버
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Nov 21, 2020 at 09:30
(편집됨 Nov 21, 2020 at 09:31)
Oct 07, 2020 부터 멤버
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marnuslabushane posted:
Always go with a broker that gives you the option of a free demo account. This will not only give you exposure to the forex market (if you are starting anew) but will make you familiar with the broker and its platform.
Demo accounts do tell a lot about a broker. I spent 4 months on Schwab before going live with them. Found their customer service and order execution quite all right. Never ever choose a broker before practicing on them with virtual money.
Oct 07, 2020 부터 멤버
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Oct 07, 2020 부터 멤버
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Jun 09, 2020 부터 멤버
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Dec 04, 2020 at 12:25
Jun 09, 2020 부터 멤버
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Marshalsam877 posted:
Easy deposits and withdrawals are an important part of my trading. I feel so restless when I can withdraw my money quickly.
It is quite justified to feel restless when withdrawals are not on time. I did somersaults when my first withdrawal took 4 days when the broker had clearly said it wouldn't take more than 2.
Sep 30, 2020 부터 멤버
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Oct 07, 2020 부터 멤버
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Oct 01, 2020 부터 멤버
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Jun 09, 2020 부터 멤버
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Dec 10, 2020 at 10:36
Jun 09, 2020 부터 멤버
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People also know that third parties sometimes cause the delay, like your concerned bank. From broker’s end processing happens very fast. But why is this such a big issue. If you are using a regulated licensed broker, like the one in question here pepperstone or fxview, you can be rest assured.
Jul 09, 2020 부터 멤버
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Jul 09, 2020 부터 멤버
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