What Broker is the best? (Od detected)
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What Broker is the best? Diskusia
Dec 07, 2016 at 16:08
401 Zobrazení
6 Replies
Členom od Dec 07, 2016
4 príspevkov
Dec 07, 2016 at 16:25
In your experience, what Broker do you recommend?
Členom od Dec 07, 2016
4 príspevkov
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
Členom od Feb 11, 2011
1916 príspevkov
Dec 08, 2016 at 07:31
i.c market or thickmill
forex_trader_29148
Členom od Feb 11, 2011
1916 príspevkov
Dec 08, 2016 at 07:31
meant tickmill
Členom od May 19, 2015
52 príspevkov
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
Členom od Aug 22, 2016
183 príspevkov
Dec 08, 2016 at 11:33
Členom od Feb 22, 2011
4862 príspevkov
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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