I have used all kinds of brokers till now, from offshores to domestic - even the ones that are not regulated - in the hope of finding a broker that is fast in execution and withdrawals. I wait days for seeing my profits in my account and I hear traders saying their’s takes a day, is it really possible? If yes, please suggest some names, except bucket shop recommendations.
I would never use a broker that doesn’t offer NBP. There’s this one trade that I so vividly remember in my initial days of trading when I was using a leverage of 30:1 on XM on EURUSD and was hopeful of good returns. The price just suddenly dropped, as opposed to my estimation of prices going in the reverse. Before I could realise what was happening and close my trade, my balance came tumbling down to 0. Had it not been been for the nbp I would have been in a debt of 15000. And I seriously don’t know how in such a scenario one would go about repaying the broker. I just simply ...