What do you hate about forex brokers?
Jul 17, 2014 at 19:29
Vistas 949
19 Replies
Miembro desde Jun 21, 2014
posts 4
Jul 17, 2014 at 19:29
This topic will help befor choosing a forex broker...
What do you hate about forex brokers and their services? And why?
Your thoughts and examples are welcome about this topic.
What do you hate about forex brokers and their services? And why?
Your thoughts and examples are welcome about this topic.
You have the right to TRADE FX always FAIR!
Jul 18, 2014 at 07:16
All of the broker hates the trader to win, So they are very nice when the traders going to lose , I hate their lies about the executions with the promise but with the real accounts most of them delay the execution until they change the exit to make the trader lose some points, I hate their advertisement about the low spread it is false in most of time..
Osama Hussein
Jul 20, 2014 at 06:16
Not all brokers are created equal. If you use one that offers 100:1 leverage and a minimum lot size of 0.1 lots, the broker is a true ECN/DMA broker who does not have a conflict of interest with its traders and makes money purely on commission. Thus, the brokers want you to succeed in order to keep receiving commissions from your trades.
Unfortunately they are hard to find.
Unfortunately they are hard to find.
Good broker accepting US customers: Trader's Way
Miembro desde Jun 21, 2014
posts 4
Jul 21, 2014 at 06:49
golden4x posted:
All of the broker hates the trader to win, So they are very nice when the traders going to lose , I hate their lies about the executions with the promise but with the real accounts most of them delay the execution until they change the exit to make the trader lose some points, I hate their advertisement about the low spread it is false in most of time..
Osama Hussein, thanks for your useful opinion.
You have the right to TRADE FX always FAIR!
Miembro desde Jun 21, 2014
posts 4
Jul 21, 2014 at 06:49
TomD131,
I have found one accordance with your mentioned criteria 😉
I have found one accordance with your mentioned criteria 😉
You have the right to TRADE FX always FAIR!
Jul 21, 2014 at 14:06
FinFX is a good choice. Unfortunately I do not know any others. I am from the USA so I walk away from a broker when I find that it does not accept US clients.
I am glad you found a broker that you won't need to worry about!
I am glad you found a broker that you won't need to worry about!
Good broker accepting US customers: Trader's Way
Miembro desde Jul 10, 2014
posts 10
Jul 21, 2014 at 17:54
I found two brokers to invest in one of them plan to start trading)
forex_trader_43716
Miembro desde Aug 06, 2011
posts 345
Jul 21, 2014 at 21:38
TomD131 posted:
FinFX is a good choice. Unfortunately I do not know any others. I am from the USA so I walk away from a broker when I find that it does not accept US clients.
I am glad you found a broker that you won't need to worry about!
Tradersway does not appear to accept USA or UK clients. 😎
Jul 22, 2014 at 06:26
forexbeginer777 posted:
I found two brokers to invest in one of them plan to start trading)
Glad to hear it. How about sharing your findings with the community -- which brokers did you find?
Good broker accepting US customers: Trader's Way
Jul 22, 2014 at 06:37
myfxpt posted:
Tradersway does not appear to accept USA or UK clients. 😎
They do accept clients from the USA (I cannot speak for those in the UK). I am from the USA and have accounts with them. On the website, they make the statement regarding the USA and UK in order to clarify that they have not solicited any business from UK or USA residents. This is a legal issue. It is not illegal for them in their country to accept clients from the USA.
Good broker accepting US customers: Trader's Way
forex_trader_43716
Miembro desde Aug 06, 2011
posts 345
Jul 22, 2014 at 07:25
TomD131 posted:myfxpt posted:
Tradersway does not appear to accept USA or UK clients. 😎
They do accept clients from the USA (I cannot speak for those in the UK). I am from the USA and have accounts with them. On the website, they make the statement regarding the USA and UK in order to clarify that they have not solicited any business from UK or USA residents. This is a legal issue. It is not illegal for them in their country to accept clients from the USA.
Thanks for clarifying. 😎
Jul 22, 2014 at 17:42
myfxpt posted:
Thanks for clarifying. 😎
You are quite welcome. If you still live in Aussie, you have no problem finding a great broker. I had a broker in Australia until the ASIC started tightening down. Good luck to you.
Good broker accepting US customers: Trader's Way
forex_trader_43716
Miembro desde Aug 06, 2011
posts 345
Jul 23, 2014 at 04:51
TomD131 posted:myfxpt posted:
Thanks for clarifying. 😎
You are quite welcome. If you still live in Aussie, you have no problem finding a great broker. I had a broker in Australia until the ASIC started tightening down. Good luck to you.
Thanks mate, and good luck to you! 😎
Miembro desde Jun 21, 2014
posts 4
Aug 03, 2014 at 06:28
Have you met brokers manipulating price and charts? (Do you hate these interventions? )
You can tell us some examples, if you have any. ;)
You can tell us some examples, if you have any. ;)
You have the right to TRADE FX always FAIR!
Miembro desde Jul 29, 2014
posts 1
Aug 07, 2014 at 09:55
golden4x posted:
All of the broker hates the trader to win, So they are very nice when the traders going to lose , I hate their lies about the executions with the promise but with the real accounts most of them delay the execution until they change the exit to make the trader lose some points, I hate their advertisement about the low spread it is false in most of time..
Sorry I couldn't agree what all you said...What the brokers persuing is brokerage, so that determines the continuous investment and trading are what make them happy. If you lost your money as well as your confidence, will you keep investing in FX markets? And if you give up and leave, what else can the brokers earn?
Miembro desde Jul 10, 2014
posts 1117
Aug 12, 2014 at 10:53
Oh, that one is easy - high spreads, as well as making them even higher when the market's volatile.
forex_trader_100706
Miembro desde Nov 26, 2012
posts 72
Aug 14, 2014 at 18:39
TomD131 posted:
Not all brokers are created equal. If you use one that offers 100:1 leverage and a minimum lot size of 0.1 lots, the broker is a true ECN/DMA broker who does not have a conflict of interest with its traders and makes money purely on commission. Thus, the brokers want you to succeed in order to keep receiving commissions from your trades.
Unfortunately they are hard to find.
Filter brokers by their trading platform. Some platforms are designed for ECN.DMA such a protrader,ctrader,multicharts,jforex,ninjatrader, and most API trading. These platforms provide an honest business model for brokers.
forex_trader_100706
Miembro desde Nov 26, 2012
posts 72
Aug 14, 2014 at 18:44
Stay away from platforms designed by the broker like saxo, oanda, citi,fxcm, just to list a few. Go with a platform designed by a technology provider and not a broker.
forex_trader_143787
Miembro desde Aug 11, 2013
posts 3
Aug 15, 2014 at 06:01
My broker is Xm.com
I Like it for the following :
- Microlots (0.0001 lot)
- Instant deposit - minimum 5$ - no fee
- Easy withdraw, no fee
- instant money transfert from one account to another
- fidelity bonus in cash
I Like it for the following :
- Microlots (0.0001 lot)
- Instant deposit - minimum 5$ - no fee
- Easy withdraw, no fee
- instant money transfert from one account to another
- fidelity bonus in cash
Aug 15, 2014 at 08:52
I am trading with NAS Broker 😄 I've made my choice because of friends recommendation as i told my friend that i would like to start trading he recommend me NAS Broker cause they have a cent accounts which are good for beginners. I must admit I have no problems with them, only their main website in English was available for a few hours but in personal account everything was ok 😄 Easy withdraw as well.😎
So now i will recommend NAS to others 😄😄😄
So now i will recommend NAS to others 😄😄😄
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