Forex Broker Recommendations?

Oct 10, 2021 at 01:34
3,590 Views
51 Replies
Member Since May 31, 2021   56 posts
Oct 14, 2022 at 13:23
I can recommend my current broker, FP Markets. I mostly use it for scalping since their spreads are tighter for certain major pairs like EURUSD, where it drops lower at 0 pips and averages around 0.1-0.3 pips for other currency pairs.
Member Since Sep 02, 2022   75 posts
Oct 16, 2022 at 10:51
You won’t sink into depression when you know how to manage your trading properly. Professional traders never expand their expectation so high that pushes them into trouble. So, always try to start trading with a reliable trading broker to enjoy some facilities. Eurotrader is recognized as a secure and regulated trading broker.
Member Since May 05, 2022   20 posts
Nov 04, 2022 at 15:22
I have been with CDO Markets for a while now. Their spreads are pretty good and their response time is excellent if any problems occur. Totally would recommend.
Member Since Mar 28, 2021   617 posts
Nov 06, 2022 at 09:25
Forex is unimaginable without a broker. Whenever choosing a broker, check their certification first.
Member Since Aug 05, 2021   401 posts
Nov 17, 2022 at 17:13
I'm not a fan of fixed spreads because they are often pretty high.
I like CedarFX, just to give some specifications - 1:500 leverage, variable spreads, no commission, same-day fee-free withdrawals, 24/7 support, and a wide variety of assets for trading.
Worth looking into if you haven't chosen a broker yet.
Member Since Nov 17, 2022   2 posts
Nov 18, 2022 at 09:12
a demo account works for the best interest of the trader
Member Since Dec 07, 2017   1 posts
Nov 19, 2022 at 21:14
dodusstangin posted:
Hi,

I’m looking at a couple different forex brokers, but I’m having a tough time picking just one. I’m currently between Forex, FXCM, IBFX, GFT, FXDD, etc…

Can you please recommend some forex brokers you like/use and why??

I’ve been reading a bunch of posts regarding what to look for in a broker, and it seems that a “Fixed” spread and “Non-Dealing Desk” broker is probably the best way to go.

However, if I’m mistaken why do you prefer a different broker??

Should I be looking at a broker with:

A Fixed or Variable spread??
A Dealing Desk or Non Dealing Desk (NDD)??
Thank you,
BASED ON MY EXPERIENCE MORE THAN 10 YEARS IN TRADING I SUGGEST ICMARKETS,AND TICKMILL AND DEPEND ON SCALPING SIGNALS
Member Since Sep 02, 2022   75 posts
Dec 02, 2022 at 08:41
A regulated broker allows traders with numerous trading advantages that ultimately increase traders’ return.
Member Since May 05, 2022   20 posts
Dec 09, 2022 at 18:35
Whitethroat posted:
Lately I have been giving preference to offshore brokers.

You should try CDO Markets. I have been with them for a few months now. And their spreads and commissions are really good.
Member Since Jan 25, 2022   165 posts
Jan 18, 2023 at 08:14
I am not an operator of a particular platform. I think the choice of a broker needs to be decided based on your money. If you are willing to trade with only a small amount of money, most compliant brokers are viable. If you have a very large amount of money, you need to choose a more competent and compliant broker.
Member Since May 07, 2022   41 posts
Jan 19, 2023 at 09:52
If you are looking for the tightest spreads and low commission broker, I recommend fxview, can try out their demo account to test.
Member Since Jan 27, 2023   19 posts
Jan 27, 2023 at 14:06
investfox in-depth review states that Interactive Broker has best scores in the majority of aspects, especially in Safety and Security. Accoridng to investfox rating methodology, every broker should ensure safety features in order to attract a vast number of people. You can always check out their thorough and 100% honest reviews on the investfox website.
Member Since Aug 10, 2021   18 posts
Mar 21, 2023 at 14:20
I have noticed a trend that people choose offshore brokers for their good trading conditions and investments.
Member Since Apr 18, 2020   54 posts
Mar 27, 2023 at 11:17
davesper posted:
Before choosing a broker, I would advise you to work on a demo account first. This is a rather important aspect that deserves attention.
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Member Since Mar 27, 2023   1 posts
Mar 27, 2023 at 12:17
I am an owner of trading account with ICmarkets, and I am quiet happy with the results. I am using risk management and raw spread account, to me this is suitable, but maybe because I have experience with working for a broker and I am aware of the little tricks that normally are used.
Member Since Feb 04, 2023   20 posts
Apr 01, 2023 at 04:48
Brick_56 posted:
davesper posted:
Before choosing a broker, I would advise you to work on a demo account first. This is a rather important aspect that deserves attention.
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Definitely agree with you on that. btw wondering which broker are you trading with?
Member Since Apr 18, 2020   54 posts
Apr 04, 2023 at 11:52
Trader_Ember posted:
Brick_56 posted:
davesper posted:
Before choosing a broker, I would advise you to work on a demo account first. This is a rather important aspect that deserves attention.
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Definitely agree with you on that. btw wondering which broker are you trading with?
Trading with fxview from past 1 year.
Member Since Feb 04, 2023   20 posts
Apr 12, 2023 at 12:21
Brick_56 posted:
Trader_Ember posted:
Brick_56 posted:
davesper posted:
Before choosing a broker, I would advise you to work on a demo account first. This is a rather important aspect that deserves attention.
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Definitely agree with you on that. btw wondering which broker are you trading with?
Trading with fxview from past 1 year.
have been hearing good stuff about them, was thinking to give them a try. Can you tell me more, how’s the spreads and withdrawals?
Member Since Apr 18, 2020   54 posts
Apr 17, 2023 at 12:31
Trader_Ember posted:
Brick_56 posted:
Trader_Ember posted:
Brick_56 posted:
davesper posted:
Before choosing a broker, I would advise you to work on a demo account first. This is a rather important aspect that deserves attention.
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Definitely agree with you on that. btw wondering which broker are you trading with?
Trading with fxview from past 1 year.
have been hearing good stuff about them, was thinking to give them a try. Can you tell me more, how’s the spreads and withdrawals?
Yeah! A good broker. I decided on fxview because it meets my trading needs plus I never faced any problems in order execution and withdrawal. I'll advise you to check yourself before following anyone's recommendation.
Member Since Mar 24, 2020   98 posts
Jul 04, 2023 at 22:11
The platform i trade on is Ctrader So looked at the brokers that offer Ctrader not that many compared to metatrader
 and at the time even less offering Ctrader copy.
After speaking to various Ctrader brokers i ended up with IC Markets. Raw spreads.
To date i have had no problems ,withdraws ok and on time , if i do need to speak to them during UK-trading hours you usually speak to there Cyprus office.


 
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