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Best Broker for a Newbie

Sublime Markets (sublimemarkets)
May 25 2019 at 13:38
27 inlägg
Hello,

There are two things you need to check before choosing a broker (and this is not for newcomers only, its for every single trader out there):

1. If they are regulated. Usually regulated brokers have their licence numbers published on their homepage for you to check that they are legit. By licence, we mainly mean licence from accredited jurisdictions like EU (UK, Cyprus etc) or Australia. At least that way you know that you have some level of protection against scammers.

2. Fees. Everybody charge fees. Very few people pay close attention to them. Fees are not only trading commissions. There are hidden fees like spreads and swaps. Most regulated brokers publish these fees on their website and you should always calculate how much you are going to pay your broker for every lot you trade.

If you use these two factors for your research, it won't be hard for you to choose the cheapest, regulated broker.

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Imamul
May 27 2019 at 11:53
624 inlägg
there is anyone who can suggest me a Best Book which is more appropriate for using scalping successfully , i have been using 'Best Scalping and heading' , its not bad but not also more different something.  

forex1999 (forex1999)
May 28 2019 at 13:53
9 inlägg
In Europe leverage 1:30 so you need big deposit, better is search broker in Australia. They offer low spread, good leverage and more...

DeutschDom
May 29 2019 at 05:50
11 inlägg
Can person in Europe use a broker from Australia?

SCR Traders (Pikasso)
May 29 2019 at 07:34
168 inlägg
DeutschDom posted:
Can person in Europe use a broker from Australia?


sure! why not?

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vontogr (togr)
May 29 2019 at 09:56
4862 inlägg
DeutschDom posted:
Can person in Europe use a broker from Australia?


I am doing so indeed

raybill
Jun 05 2019 at 11:02
5 inlägg
Anybody using fxbrew? I have opened a small deposit account recently, trading conditions look good, tested them for withdrawals, all were timely till now. Thinking of going big. Anybody got any experience?

AhTai
Jun 06 2019 at 09:53
11 inlägg
togr posted:
DeutschDom posted:
Can person in Europe use a broker from Australia?


I am doing so indeed


I head that EU will stop that soon. Do you know if this is the case?

Atchris
Jul 13 2019 at 09:14
10 inlägg
raybill posted:
Anybody using fxbrew? I have opened a small deposit account recently, trading conditions look good, tested them for withdrawals, all were timely till now. Thinking of going big. Anybody got any experience?


I am trading with them, trading conditions are pretty decent. I went for a big deposit this month only via BTC and faced no issues while withdrawal as well. Good broker, you should give them a go.

Alexander654
Jul 16 2019 at 10:40
10 inlägg
What are spreads like? Are they regulated ? I have not heard of fxbrew before? Sounds more like a brand of beer

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