Jan 24 2018 at 08:49
charlesforex posted:
For newbie i recommend USG, which is an Australia company
Nope
It has very bad reputation
USGFX is the worst broker I've ever encountered.
Agent is unresponsive and requires so many documents to open an account with them.
I tried making deposit into my account and it keeps saying transaction failed but when i checked my bank account they've already deducted the payment from my debit card ( dishonest broker ).
Another thing that causes confusion is they listed in their website that phone bills are accepted as a form to prove the residency of their clients. However , when I uploaded my phone bill to prove my residence they said it's not allowed. ( then you should have made it clear in the first place ! )
There's better brokers out there so please avoid engaging usgfx as your broker at all cost !
Zaltan,
South Africa,
Oct 31, 2017,
Registered user
High Spreads & withdrawal fees.
This broker has extremely high Spreads & high withdrawal fees of up to 3.5%. Other brokers don't charge any withdrawal fees. I wonder why any broker would charge withdrawal fees for my money when they're already making profits through my trading via spreads & such.
Mario,
Tobago, Trinidad and Tobago,
Oct 26, 2017,
Guest
Absolutely horrible !!!!!!!!!!!!
Worst broker I've been with.
They close your trades just like that...I've had over 20 trades closed with them. ALl which would've gone into profits.
Just like that they close your trades
Avoid them at ALL costs please !!!!
Jan 25 2018 at 02:36
For ensuring a better trading life we have to ensure the broker which always provides security of funds , superior execution , easy withdrawal system without long term process, active customer services , flexible trading leverage , minimum margin requirements usable bonus offer , low transaction cost and much more.
To change your trading result, just change your thinking.
Jan 25 2018 at 09:12
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
Jan 31 2018 at 07:38
PriceAction13 posted:
For ensuring a better trading life we have to ensure the broker which always provides security of funds , superior execution , easy withdrawal system without long term process, active customer services , flexible trading leverage , minimum margin requirements usable bonus offer , low transaction cost and much more.
I fully agree with your words. It is very important the broker has a regulation, as well as a lot of ways to deposit/withdraw.
Feb 01 2018 at 10:40
According to me, we the traders have to choose our brokers in cool mind , please don’t choose a broker in an emotional state , because the trading broker can affects the result of our trading with certainly.
To change your trading result, just change your thinking.
Mar 22 2018 at 08:26
The broker we the traders have to choose which is more reputed by the traders and always ensures best trading environment for using any kinds of trading techniques with scalping and hedging by providing lowest trading spreads as well as minimum margin requirements. it would be great for us to lead a comfortable trading life with certainly.
Oct 10 2018 at 13:39
For those looking for a good broker, I think the list here is very helpful:
https://www.wvwv.org/forex-brokers/forex-brokers-ranking.html
https://www.wvwv.org/forex-brokers/forex-brokers-ranking.html
Oct 11 2018 at 11:00
togr posted:charlesforex posted:
For newbie i recommend USG, which is an Australia company
Nope
It has very bad reputation
USGFX is the worst broker I've ever encountered.
Agent is unresponsive and requires so many documents to open an account with them.
I tried making deposit into my account and it keeps saying transaction failed but when i checked my bank account they've already deducted the payment from my debit card ( dishonest broker ).
Another thing that causes confusion is they listed in their website that phone bills are accepted as a form to prove the residency of their clients. However , when I uploaded my phone bill to prove my residence they said it's not allowed. ( then you should have made it clear in the first place ! )
There's better brokers out there so please avoid engaging usgfx as your broker at all cost !
Zaltan,
South Africa,
Oct 31, 2017,
Registered user
High Spreads & withdrawal fees.
This broker has extremely high Spreads & high withdrawal fees of up to 3.5%. Other brokers don't charge any withdrawal fees. I wonder why any broker would charge withdrawal fees for my money when they're already making profits through my trading via spreads & such.
Mario,
Tobago, Trinidad and Tobago,
Oct 26, 2017,
Guest
Absolutely horrible !!!!!!!!!!!!
Worst broker I've been with.
They close your trades just like that...I've had over 20 trades closed with them. ALl which would've gone into profits.
Just like that they close your trades
Avoid them at ALL costs please !!!!
I do not know what experience you have had with all these negative reviews. These reviews aren't yours and neither do I think you personally experienced any of these issues before.
https://www.forexpeacearmy.com/forex-reviews/10818/www.usgfx.com
https://www.forexfraud.com/forex-broker-reviews/usgfx
For an unbiased review, please check out on various broker reviews before making such comments.
Oct 11 2018 at 11:02
I'm not so sure about that list. You say that the brokers are ordered based on tough 'criteria' but you never actually mention what the criteria is? Maybe the criteria is how much commission they pay you!!!
Oct 11 2018 at 14:53
Before choosing a broker as a newbie, you must know that the most critical thing is regulation. After that, you can read reviews about them and decide.
