Choosing the Right Broker
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
kennyhubbard
(compuforexpamm)
Medlem sedan Aug 20, 2009
265 poster
Sep 11 2020 at 11:55
Ramierez posted:
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.
Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
I have used both and they are both good brokers. I would tend to favour FP markets a bit as their swaps seem to be slightly better, but you won't go wrong with either.
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SofieAndreasen
Medlem sedan Jul 23, 2020
270 poster
Sep 23 2020 at 17:43
Downtobusines posted:
People spend too much time worrying about broker. Just get an ECN broker that has a good rating on MyFXBook. Then focus on trading
There are lot of scam broker in the market. They are stealing money from traders in various way. Don’t you think we should worry about that??
shaunmarsh
Medlem sedan Oct 05, 2020
58 poster
Oct 14 2020 at 04:19
It is good that you have started with a demo account. This is a good start and you can research more for the brokers.
Russel Gutierrez
(russellgutierrez)
Medlem sedan Jun 03, 2020
50 poster
Oct 14 2020 at 11:03
I would rate both of them as good brokers.
Miguelfabian
Medlem sedan Jun 22, 2020
39 poster
Oct 19 2020 at 10:53
Both are equally good. You can go for either.
GeorgeBischof
Medlem sedan Jul 19, 2020
318 poster
Oct 21 2020 at 10:48
Choosing a good broker is not an easy task. You have to be very careful when you are going to choose a good broker. Because there are so many fake brokers which can put you in great danger.
EbonyJones
Medlem sedan Jul 20, 2020
232 poster
Oct 23 2020 at 13:12
A good broker can make you rich. On the other hand, A bad broker can put your investment in a great danger. So, be careful when you choose a broker for you.
LyudmilLukanov
Medlem sedan Jul 23, 2020
249 poster
Oct 23 2020 at 17:21
GeorgeBischof posted:
Choosing a good broker is not an easy task. You have to be very careful when you are going to choose a good broker. Because there are so many fake brokers which can put you in great danger.
Most of time unregulated brokers are scam brokers. If you are investing in unregulated one, it would be up to you. Regulator will not help you if something goes wrong.