What Broker is the best? (By detected)
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Diskusija
Dec 07, 2016 at 16:08
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6 Replies
Biedrs kopš
4 ieraksti
Dec 07, 2016 at 16:25
In your experience, what Broker do you recommend?
Biedrs kopš
4 ieraksti
Dec 08, 2016 at 05:23
I am using FXCM with 500.000 GBP, you can see my trades in real time. at the moment I am winning £18238.99
Good luck for everyone
Good luck for everyone
forex_trader_29148
Biedrs kopš
1916 ieraksti
Dec 08, 2016 at 07:31
i.c market or thickmill
forex_trader_29148
Biedrs kopš
1916 ieraksti
Dec 08, 2016 at 07:31
meant tickmill
Biedrs kopš
52 ieraksti
Dec 08, 2016 at 08:54
All brokers are about the same.
The downside worries are:
1 . Negative balance protection
2. Spreads and Fill
3. Lag and server hang issues
In terms of regulation, no one will worry about FXCM so much compared to other brokers based on shady places.
But FXCM itself, spreads are not that ideal. Reputation is good but they were also hit bye CHF movement last year, and had lost massive money and clients due to that incident.
I would still prefer negative balance protection regardless of broker.
But your amount is significantly higher than most retail FX traders here. You probably know best.
The downside worries are:
1 . Negative balance protection
2. Spreads and Fill
3. Lag and server hang issues
In terms of regulation, no one will worry about FXCM so much compared to other brokers based on shady places.
But FXCM itself, spreads are not that ideal. Reputation is good but they were also hit bye CHF movement last year, and had lost massive money and clients due to that incident.
I would still prefer negative balance protection regardless of broker.
But your amount is significantly higher than most retail FX traders here. You probably know best.
forex_trader_354005
Biedrs kopš
183 ieraksti
Dec 08, 2016 at 11:33
Biedrs kopš
4862 ieraksti
Dec 08, 2016 at 11:34
eruditeX posted:@eruditeX
All brokers are about the same.
The downside worries are:
1 . Negative balance protection
2. Spreads and Fill
3. Lag and server hang issues
In terms of regulation, no one will worry about FXCM so much compared to other brokers based on shady places.
But FXCM itself, spreads are not that ideal. Reputation is good but they were also hit bye CHF movement last year, and had lost massive money and clients due to that incident.
I would still prefer negative balance protection regardless of broker.
But your amount is significantly higher than most retail FX traders here. You probably know best.
No, there are huge differences. Some of the brokers are just bucket shops and you will never get your money back. (mainly Russian brokers)
Some of the brokers offer better conditions for trading - spread, execution. leverage, platform.
It took me years to find the ones that suit bet my needs.
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