Best Broker for a Newbie

Jun 30, 2012 at 03:35
15,608 Просмотры
327 Replies
Участник с Feb 22, 2011   4862 комментариев
Jan 15, 2018 at 17:23
Trading Darwinex is costly so I would not recommend it to newbie
Участник с Jan 02, 2018   32 комментариев
Jan 16, 2018 at 06:32
Use reputed brokers like fxpro, tickmill, icmarkets etc who are completely regulated and have a good track record. AVOID fxprimus, exness etc who stole my money in past with false accusations. you can read reviews in google before choosing a broker as well.
Make consistent profit
Участник с Jan 31, 2017   200 комментариев
Jan 16, 2018 at 06:38
togr posted:
Trading Darwinex is costly so I would not recommend it to newbie

mate, are you serious ? If you mean 500 usd to be deposited, it is absolutely normal! or you wanna get cheap and professional services for 100$ ? )) be realistic! I've tested many brokers, so I know what I am talking about. Analysis of broker should be complex, not only min. deposit amount, but realiability, execution, spreads, comission etc. also.
Trading system developers and strategy providers.
Участник с Jan 16, 2018   7 комментариев
Jan 16, 2018 at 15:48
But if you are a newbie getting started the minimum account size is very important.
Участник с Feb 22, 2011   4862 комментариев
Jan 17, 2018 at 12:53
trendtrader05 posted:
Use reputed brokers like fxpro, tickmill, icmarkets etc who are completely regulated and have a good track record. AVOID fxprimus, exness etc who stole my money in past with false accusations. you can read reviews in google before choosing a broker as well.
Exactly!
Участник с Feb 22, 2011   4862 комментариев
Jan 17, 2018 at 12:53
Pikasso posted:
togr posted:
Trading Darwinex is costly so I would not recommend it to newbie

mate, are you serious ? If you mean 500 usd to be deposited, it is absolutely normal! or you wanna get cheap and professional services for 100$ ? )) be realistic! I've tested many brokers, so I know what I am talking about. Analysis of broker should be complex, not only min. deposit amount, but realiability, execution, spreads, comission etc. also.

Yes I am serious.
e.g. IcMarkets is serious broker
It has much better conditions which a newbie needs to succeed.
Участник с Feb 22, 2011   4862 комментариев
Jan 17, 2018 at 12:53
Not talking about min deposit to be clear
Mainly the spread.
Участник с Jan 17, 2018   1 комментариев
Jan 17, 2018 at 13:40
Il y a quelques raisons pour lesquelles j'ai choisi FXPRO. Tout d'abord c'est une entreprise ancienne et bien connue avec des licences. Ils offrent une liquidité élevée et les spreads sont souvent les plus bas du marché. Il n'y a pas non plus de dérapage sur l'exécution instantanée. Le support client est également encouragé, ils travaillent 24h /7. Une autre des caractéristiques importantes qu'il n'y a pas de restrictions imposées sur les stratégies de scalping et ils offrent une protection de solde négatif.
Участник с Feb 22, 2011   4862 комментариев
Jan 17, 2018 at 13:50
RichardClotaire posted:
Il y a quelques raisons pour lesquelles j'ai choisi FXPRO. Tout d'abord c'est une entreprise ancienne et bien connue avec des licences. Ils offrent une liquidité élevée et les spreads sont souvent les plus bas du marché. Il n'y a pas non plus de dérapage sur l'exécution instantanée. Le support client est également encouragé, ils travaillent 24h /7. Une autre des caractéristiques importantes qu'il n'y a pas de restrictions imposées sur les stratégies de scalping et ils offrent une protection de solde négatif.

FxPro is good, the spreads are bit higher though
Участник с Jan 24, 2018   1 комментариев
Jan 24, 2018 at 06:40
For newbie i recommend USG, which is an Australia company
Участник с Feb 22, 2011   4862 комментариев
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 !!!!
Участник с Oct 08, 2016   58 комментариев
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.
Участник с Aug 09, 2017   785 комментариев
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.
Участник с Nov 22, 2017   23 комментариев
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.
Участник с Oct 08, 2016   58 комментариев
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.
Участник с Aug 11, 2017   886 комментариев
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.
Участник с Oct 10, 2018   1 комментариев
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
Участник с Aug 22, 2018   10 комментариев
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.
Участник с Oct 03, 2018   10 комментариев
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!!!
Участник с Oct 11, 2018   7 комментариев
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.
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