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Newbie requesting for advice.
Členom od Jun 20, 2017
2 príspevkov
Jun 20, 2017 at 06:19
Hi all,
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
to know and not to do it is not to know - by someone impt.
Členom od Feb 12, 2016
507 príspevkov
Jun 20, 2017 at 14:34
Hello, just to understand - what do you mean with safe?
Safe for funds (clients funds to be segregated from the companies) or anything else? Or which one offer better trading conditions?
Safe for funds (clients funds to be segregated from the companies) or anything else? Or which one offer better trading conditions?
Členom od Jan 05, 2016
1097 príspevkov
Jun 21, 2017 at 05:44
LouAtWork posted:
Hi all,
virgin post.
would like to know if there are any safe brokers for me to trade with?
i am situated in the sunny island of singapore.
appreciate the help.
thanks.
I will send you a private message.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členom od Jun 28, 2017
4 príspevkov
Jun 28, 2017 at 10:00
Hi Louis,
I'm with VantageFX. We are regulated by both the ASIC in Australia and FCA in the UK. Would you like more details?
I'm with VantageFX. We are regulated by both the ASIC in Australia and FCA in the UK. Would you like more details?
Make Money
Členom od Feb 12, 2016
394 príspevkov
Jun 29, 2017 at 09:24
If you are more specific with "safe brokers" maybe there will be many more suggestions. Elaborate more on the important things for you when choosing a broker.
Accept the loss as experience
Členom od Jun 02, 2017
13 príspevkov
Jun 30, 2017 at 12:12
Hi everyone..... I'm trading Forex only - major pairs. I am a newbie and I can't really understand how exactly the news are effecting the market price. Is it enough to concentrate on the technical analysis?
Členom od Mar 21, 2017
13 príspevkov
Jun 30, 2017 at 12:14
there are no safe brokers but I can tell you that oanda has had any problems with US regs unlike forex.com and FXCM (lol). traders way isn't regulated however they have cTrader available but they do charge shit to of fees now with oanda you can trade below micro lots if you want to test you strategy with like 50$ in your account just my 2 cents
Členom od Mar 21, 2017
13 príspevkov
Jun 30, 2017 at 12:14
oanda hasn't had any problems*
Členom od Jan 05, 2016
1097 príspevkov
Jul 02, 2017 at 06:36
icepower72 posted:
Hi everyone..... I'm trading Forex only - major pairs. I am a newbie and I can't really understand how exactly the news are effecting the market price. Is it enough to concentrate on the technical analysis?
In my opinion, to be a truly great trader you need to understand both technical and fundamental analysis.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členom od Jan 05, 2016
1097 príspevkov
Jul 02, 2017 at 06:37
rainfall posted:
there are no safe brokers but I can tell you that oanda has had any problems with US regs unlike forex.com and FXCM (lol). traders way isn't regulated however they have cTrader available but they do charge shit to of fees now with oanda you can trade below micro lots if you want to test you strategy with like 50$ in your account just my 2 cents
Oanda has two options for traders in their pricing.
One with with commission and a slightly lower spread, or you can opt out of commissions and get pure spread only.
Both are extremely reasonable. The typical spread on Oanda without the commission is around 2 PIPS on EURUSD, with the commission it's about 1 PIP.
I have accounts at both Oanda and Traders Way, and I've never had a problem with either of them. I do like oanda though, because on smaller accounts you can trade smaller than 0.01 lot sizes on their standard forex accounts.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Členom od Dec 22, 2014
2 príspevkov
Jul 03, 2017 at 06:11
I wouldn't say 1 pip spread on EURUSD is reasonable if you can easily find brokers with spread around 0,5 pip. Darwinex, Lmax, Squared name only few. All of them regulated and have good reputation
Členom od Dec 22, 2014
2 príspevkov
Jul 03, 2017 at 06:11
I wouldn't say 1 pips on EURUSD is reasonable if you can easily find brokers with spread about 0,5 pip. Darwinex, Lmax, Squared name only few. All of them regulated and with good reputation.
Členom od Jun 28, 2017
4 príspevkov
Jul 03, 2017 at 06:18
VantageFX has no Commsion...
Make Money
Členom od Feb 12, 2016
394 príspevkov
Jul 03, 2017 at 14:45
OANDA is a good broker from what I've heard and read. I've seen very very few bad reviews - everything else is positive. I've never tried to trade with them, but got curious now... and it sounds "safe" enough :D
Accept the loss as experience
forex_trader_29148
Členom od Feb 11, 2011
1768 príspevkov
Jul 04, 2017 at 06:27
PeteVantageFXCN posted:no commission! they must live from fresh water and love
VantageFX has no Commsion...
Členom od Jun 28, 2017
4 príspevkov
Jul 04, 2017 at 06:51
Just the spreads which are extremely low actually mate.
Make Money
Členom od May 05, 2017
4 príspevkov
Jul 04, 2017 at 09:58
I'm trading with Teletrade. You can find out this broker.
Členom od Jun 28, 2017
4 príspevkov
Jul 05, 2017 at 11:09
TiffanyK posted:
OANDA is a good broker from what I've heard and read. I've seen very very few bad reviews - everything else is positive. I've never tried to trade with them, but got curious now... and it sounds "safe" enough :D
You havent been on there Facebook Page recently? The reviews arent great at all!
Make Money
Členom od May 17, 2011
19 príspevkov
Jul 05, 2017 at 12:36
I have account for 5 years at Admiral Markets- never had problems ... can recommend them 100%
Lack of patience is one of the most important reasons of forex traders failure
Členom od Dec 11, 2015
1462 príspevkov
Jul 10, 2017 at 13:06
My recommendation is that whatever broker you pick because someone recommended them to you, always check for yourself whether there have been any warnings or fines against them. (https://www.forexbrokerz.com/news/tags/warning). Do your own research and if you’re satisfied with the results and the terms and conditions of said broker sign up with them.
