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Thread: Forex Brokers: Choosing The Right One

  1. #11
    ymir is offline Banned
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    Oct 2014
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    Traders should be careful when choosing a broker, many brokers are scam and now offers many promotions. i would make sure the brokers would allow my trading strategies, as provide a suitable trading condition based on my needs. i tried several brokers service just to find a perfect trading condition for my trading strategies,before i choose to open a ECN account with Armada markets, which fit and suitable with my trading system, low spread even for commision based brokers, execution rate are fast for entry process, low price stop level which means i can modify target level as near as possible to the current market.

  2. #12
    DMcAlly83 is offline Junior Member
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    [FONT=Arial]There are companies out there that could help you get your foot through the door. Before I started trading I was clueless and quite skeptical about FX Trading. I thought most companies were scams and would run away with your money. But some proved me wrong.

    Iíve come across companies such as :
    Alpari
    FX Solutions UK / City Index Group
    Plus 500 UK Ltd
    IG Markets UK
    CWM FX
    CMC Markets UK
    FXCM
    Iron FX

    I was currently using Alpari and I found them good in what they do but since they went down I decided have a look and change brokerage.

    Does anyone have any experience with these companies listed?

  3. #13
    Shusen is offline Banned
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    Quote Originally Posted by DMcAlly83 View Post
    [FONT=Arial]There are companies out there that could help you get your foot through the door. Before I started trading I was clueless and quite skeptical about FX Trading. I thought most companies were scams and would run away with your money. But some proved me wrong.

    I’ve come across companies such as :
    Alpari
    FX Solutions UK / City Index Group
    Plus 500 UK Ltd
    IG Markets UK
    CWM FX
    CMC Markets UK
    FXCM
    Iron FX

    I was currently using Alpari and I found them good in what they do but since they went down I decided have a look and change brokerage.

    Does anyone have any experience with these companies listed?
    What broker criteria is the main for you? This companies are quite different, so it is difficult to compare them. For example, Plus 500 UK Ltd offers only 1:200 leverage, that is not very convenient for a micro account.

  4. #14
    sauberlime is offline Junior Member
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    Apr 2015
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    Just for me, I usually go for brokers with good leverage. Not everyone has that.

  5. #15
    Join Date
    Nov 2015
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    There are almost thousands online retail broker in Forex market. So, it is very much difficult to find a right broker, as most of them are found to be scam. We the traders actually have to choose in a regulated trading broker which make sure for all time security of funds, easy withdrawal system without long time process, low transaction cost, free demo trading, active customer services and much more real trading facilities that are very supportive to lead a flexible trading life wit certainly.
    Mark M likes this.

  6. #16
    Mark M is offline Senior Member
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    Dec 2016
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    In Fx trading each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

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