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Thread: A million Forex Brokers and offers. reality and advantages of the offers uncovered!

  1. #1
    Guru FX Trading is offline Junior Member
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    Sep 2008
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    Default A million Forex Brokers and offers. reality and advantages of the offers uncovered!

    hi all,


    i m a trader for almost 2 years now having traded with all kinds of brokers, from fxcm, easyforex, ac markets, ig, etc etc.
    i realised that the list of online forex brokers is endless and that it doesn't really matter which one to go for in the end they all offer more or less the same and usually have hidden costs in small print that you'd never really read or pay attention to.



    i signed up with brokers offering 1 pip spread (at some times during the night for half an hour maybe, other times the spread went up to 5 pips as well), some offered low spreads but then had transfer and processing costs on top, .... basically you don't gain anything going for those offers as in the end i realized you either pay the same or even more as with the "standard" conditions found on the web.


    i think the main difference between the brokers actually is that they have a customer support and trading platform in my language, set the terms and conditions clear UPFRONT (and not only after i already registered and deposited my money), have no hidden costs, and of course that i can trust them not to run off to some island with my hard earned money.

    At the moment, and for almost a year i have been trading now with AvaFx after my friend recommended them to me, and i gotta say i m pretty satisfied with them.

    I'm not here to promote them, but I thought some of you might be interested to know that they have a nice affiliate program. (i will be honest, i did sign up for it to refer friends and fellow traders, since they offer the best affiliate conditions for me as well) but if some of you already know about it, please let me know what you think.



    Their conditions terms, spreads, are clear and set upfront, no hidden costs and that's a valuable criteria for me. And thanks to their fixed spreads I don't need to wake up in the middle of the night to catch the half hour 1 pip spread offer.

    My obsession these last days is the trade of crude oil and CFD's. I guess some of you might feel less lonely.



    For the Ava users/fan I suggest you really check out their promotions they often have nice bonuses and promotions that really make me feel they care for their traders.



    Being a big fan of forums like this one, i ll be happy to learn from others experience and of course i m always happy to share mine.



    may the pips keep growing



    Anton Fantom Trading Guru
    AngelosK likes this.

  2. #2
    4X-Trader is offline Junior Member
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    Dec 2008
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    Default

    Hey just wanted to say thanks to the people that posted in this thread, as you have no idea how helpful it is for less knowledgeable or experienced traders. Good luck with your future brokers

  3. #3
    fffx is offline Member
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    Default

    3 people vouching for avafx and all of them have only 1 post.

    Hmm...









  4. #4
    michael.new is offline Junior Member
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    Jan 2009
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    Default Market Technician

    I made 11.35% profit in 13 trading days following AskaMarketTechnician.com Turkish Lira forecasts. Will use again.

  5. #5
    Terry1970 is offline Junior Member
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    Feb 2009
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    Smile

    Quote Originally Posted by fffx View Post
    3 people vouching for avafx and all of them have only 1 post.

    Hmm...






    Indeed, very strange...

  6. #6
    finvik is offline Member
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    Default

    Yeah you are right we have not noticed.

  7. #7
    simplyjo is offline Junior Member
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    Default

    Hehee.. LOL. Nice find.

    Quote Originally Posted by Terry1970 View Post
    Indeed, very strange...

  8. #8
    Pavlovich25 is offline Senior Member
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    Default

    Quote Originally Posted by simplyjo View Post
    Hehee.. LOL. Nice find.

    In fact it is important with which broker you work. 98 % from all brokers are market makers and it means you buy from them and sell back. If you win they loose. It can not be for long time as broker will find the way how to take your money. If you deal with marketplace like Lava, currenex then you buy from one bank and sell to another liquidity counter party. New marketplace model is when several marketplaces are connected. Till now as I know only Swiss FX marketplace ( Dukascopy)have such technology.

  9. #9
    dannyboy is offline Junior Member
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    May 2009
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    Default Worth the persistence.

    I was not sure at the beginning about ACM, I found the account openning procedure too lengthy, then there was the platform, again I found that it was too advanced for my little experience but with a little persistence I got to grips with it, and now , after trying others out to see how they compare, I realize what a piece of technical genius it really is, I wouldn't want to have to use another. I guess the award (below) justifies my discoveries.

    GENEVA, May 5 /PRNewswire/ -- In April 2009, ACM (ac-markets.com) was awarded "Best Online Currency Trading Services" by World Finance at the London Stock Exchange

    The World Finance Awards were created in 2007 to identify industry leaders that represent the benchmark of achievement and best practices in the Financial & Business World.

    Based on criteria such as innovation, quality of products and market development established by the World Finance panel of independent awards adjudicators, 40'000 industry decision-makers designated ACM as the 2009 winner.

    ACM considers this prestigious award as an incentive to continue exceeding its clients' expectations.

    Since its creation, ACM has been growing continuously and now has offices in Geneva, Zurich, New York, Dubai and Montevideo.

    ACM offers its clients fast, efficient and secure access to four different trading platforms as well as outstanding execution conditions.

  10. #10
    master_mark is offline Member
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    Default

    I have been with acm for 8 months now and must say…they are the best
    Those awards are no peace of cake and they are very worthy of them.

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