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Best Broker
Sep 15, 2022 at 13:29
会员从Aug 05, 2022开始
28帖子
While selecting a broker, be aware about the things a good trader should possess - low spreads & commissions, low deposits and fast withdrawals. And compare the brokers comprehensively before choose it.
会员从Aug 05, 2021开始
401帖子
Sep 21, 2022 at 21:10
会员从Aug 05, 2021开始
401帖子
jiangq posted:Agree with this. Along with withdrawal fees or hidden fees, I think cost and accessibility for withdrawals are super important. You also want to have easy to reach customer support in case you ever have a problem. The I move on to look at things like leverage or to make sure they offer everything I'm looking to trade.
While selecting a broker, be aware about the things a good trader should possess - low spreads & commissions, low deposits and fast withdrawals. And compare the brokers comprehensively before choose it.
会员从Jan 20, 2022开始
31帖子
Oct 09, 2022 at 06:28
会员从Oct 12, 2016开始
867帖子
Choosing the correct broker is one of the most important thing to consider if you are trading in a LIVE account and especially, if you are using automated or semi-automated type of trading systems. For DEMO account, most brokers work the same.
But for trading REAL money, a trader need to be really careful in choosing the broker based on amount of capital he wants to invest, the trading strategy used, regulation, spread, slippage and leverage as well. For a day trader, any regulated broker with average spread is okay. But for a trader using a scalping strategy or high frequency trading etc, having very low spread is very important.
Also, it is important to note that even many regulated brokers run fishy back end techniques to make the trader loose more and more until he blows his entire account balance which are almost impossible to figure out by a regular trader from MT4 terminal. Usually brokers switch between A-Book and B-Book type of every MT4 trading account in the backend based on profits and losses generated in the account at the beginning of the trading.
So deposit a small amount and live monitor all trades while trading and based on your observation, make any further deposits, otherwise, switch to any other regulated broker. That's all I can based on my experience so far.
But for trading REAL money, a trader need to be really careful in choosing the broker based on amount of capital he wants to invest, the trading strategy used, regulation, spread, slippage and leverage as well. For a day trader, any regulated broker with average spread is okay. But for a trader using a scalping strategy or high frequency trading etc, having very low spread is very important.
Also, it is important to note that even many regulated brokers run fishy back end techniques to make the trader loose more and more until he blows his entire account balance which are almost impossible to figure out by a regular trader from MT4 terminal. Usually brokers switch between A-Book and B-Book type of every MT4 trading account in the backend based on profits and losses generated in the account at the beginning of the trading.
So deposit a small amount and live monitor all trades while trading and based on your observation, make any further deposits, otherwise, switch to any other regulated broker. That's all I can based on my experience so far.
Artificial General Intelligence
Oct 09, 2022 at 23:40
会员从Apr 03, 2021开始
470帖子
There are so many traders maybe still looking for the best brokers based on their preferences, but I already choose FXOpen as my best broker because the company included old company and regulated by top ties regulation agencies, provided many instrument trading and low spread even could be zero, withdraw money smoothly to process.
会员从Jul 23, 2020开始
869帖子
会员从Feb 16, 2022开始
119帖子
Dec 02, 2022 at 12:10
会员从May 31, 2021开始
56帖子
A wise pick is FP Markets. My RAW (ECN) account has been trading for a while, and its spreads are among the narrowest available (at least in the major pairs; the averages are zero for the most part of the day in EURUSD).
The commission fee for their raw spreads account is $6 per round lot, which is a little less expensive than that of other ECN brokers offering comparable services.
The commission fee for their raw spreads account is $6 per round lot, which is a little less expensive than that of other ECN brokers offering comparable services.
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