要使用聊天,请登录。

What safety measure I need to take before choosing any forex broker?

marnuslabushane
Nov 19 2020 at 05:57
40帖子
marco_mmbiz posted:
marnuslabushane posted:
feelsofine posted:
marnuslabushane posted:
davidkew posted:
Rosstaylorr posted:
It’s crazy how some brokers take only 2 or 3 days to process withdrawals while some can take a whole week. Better obviously to use ones that are speedier in this regard, fxview and XTB imo are fast when it comes to withdrawals.
withdrawals are a bliss with fxview. Mine took just one day!
do traders have much reasons to trust it, given it is unseen by a majority of pro traders?
Not necessarily maybe the broker in relatively new and we've haven't heard of it yet. Shouldn't judge. btw visited the site looks legit they've got couple of EU regulation.

This is the first thing that every professional is recommending me, are there specific regulations for Europe I need to keep in mind?

The biggest ones are ESMA in Europe. Cysec is regulated under ESMA as far as I know.
But you always need to make sure that the broker who's offering accounts under EU-regulation also must give you a proper account then. The broker is not allowed to give you an account with T&C's out of Europe. A lot of offshore and ASIC brokers are known for giving accounts that are not regulated in Europe, although on their pages it is said they also have a Cysec license. How do you know that? Just have a look on the registration-link; it usually contains something like '.eu', 'com/eu', '.eu.xyz.com'.
now that's something no one pays attention to. Thanks for sharing this knowledge, much appreciated
DoraWalletInvest
Nov 19 2020 at 07:37
123帖子
Apart from the regulations and withdrawal, you should also check out transaction costs and execution speed when you are choosing a platform. Trying the demo account of a broker before you sign up for a real account might also be a good idea.
marnuslabushane
Nov 20 2020 at 11:36
40帖子
DoraWalletInvest posted:
Apart from the regulations and withdrawal, you should also check out transaction costs and execution speed when you are choosing a platform. Trying the demo account of a broker before you sign up for a real account might also be a good idea.
I bet almost every trader has concerns with the executions.
colininghrams
Nov 21 2020 at 09:30
29帖子
marnuslabushane posted:
Always go with a broker that gives you the option of a free demo account. This will not only give you exposure to the forex market (if you are starting anew) but will make you familiar with the broker and its platform.

Demo accounts do tell a lot about a broker. I spent 4 months on Schwab before going live with them. Found their customer service and order execution quite all right. Never ever choose a broker before practicing on them with virtual money.
Shaunmaxi
Nov 21 2020 at 12:59
28帖子
Garrywilson posted:
There is a limit for the protection amount.

Besides regulations look into their order history and company profile.
Marshalsam877
Nov 26 2020 at 05:15
23帖子
Easy deposits and withdrawals are an important part of my trading. I feel so restless when I can withdraw my money quickly.
colininghrams
Dec 01 2020 at 12:41
29帖子
People still fall for such stuff I’m shocked!!!
Mathewshayden
Dec 01 2020 at 13:43
41帖子
There’s nothing shocking here, if people knowingly gamble and lose money in casinos despite knowing that they’ll never recover their money, then why wouldn’t a beginner fall for some strategies portrayed as winning ideas
marnuslabushane
Dec 02 2020 at 04:38
40帖子
I know I was a complete noob, still am, have learnt it the hard way to not trust just anyone. Trading is no get rich quick scheme. I will be mindful of using regulated brokers, have been participating in discussions to learn more on reliable sources: going to get opinions from experienced traders here and then only proceed. Confused between fxview, aafx and icm.
colininghrams
Dec 02 2020 at 08:12
29帖子
if i was you i would choose the oldest here: icm
Bennie Riley (bennieriley)
Dec 04 2020 at 12:25
36帖子
Marshalsam877 posted:
Easy deposits and withdrawals are an important part of my trading. I feel so restless when I can withdraw my money quickly.
It is quite justified to feel restless when withdrawals are not on time. I did somersaults when my first withdrawal took 4 days when the broker had clearly said it wouldn't take more than 2.
Pointingmark
Dec 09 2020 at 03:56
28帖子
Different funding and withdrawal methods should also be taken into consideration. For instance not all brokers accept crypto, or credit cards.
colininghrams
Dec 09 2020 at 07:18
29帖子
I do tend to put my withdrawal request on Fridays. Will do it on Monday next time and see. Thanks
Darrensmith
Dec 09 2020 at 10:40
37帖子
Attaboy! Gosh you must be ultra new to trading to not be aware of this
shaunmarsh
Dec 09 2020 at 13:18
65帖子
It’s alright, we all were once new to this
Jack Smith (GlobalScalper)
Dec 09 2020 at 18:25
57帖子
First, learn to trader
Bennie Riley (bennieriley)
Dec 10 2020 at 10:36
36帖子
People also know that third parties sometimes cause the delay, like your concerned bank. From broker’s end processing happens very fast. But why is this such a big issue. If you are using a regulated licensed broker, like the one in question here pepperstone or fxview, you can be rest assured.
Gingerrogers
Dec 10 2020 at 12:42
28帖子
Regulations are just a mirage, a ploy for brokers to dupe traders into making them believe they are legit. Beware!
Paulbraighte
Dec 10 2020 at 13:30
4帖子
Now which one did you have an issue with and what. Sharing names always helps others.
Gingerrogers
Dec 11 2020 at 03:55
28帖子
Nah! Haven’t used them yet! I am still struggling to be able to withdraw my money from the broker. And customer service is not responding. Will transfer funds at the first possibility to a different broker.
请登录以发表评论。