Open Broker Discussion

Greetings fellow traders. In my eager anticipation to begin forex trading, i am faced with a common problem of which broker i should get. I have been considering opening an account in dbfx or citifxpro, but i am also tempted to open in fxpro and fxcm. In considering a company, I do consider the following requirements: spread, leverage, trading platform, reliability and security. Of course i also consider a company that provides good research and other value added services.

If there are any representatives from forex broker companies, feel free to discuss your insights. thanks.

In response to your question, dbFX offers competitive spreads from 1.5 pips and up to 100:1 leverage (depending on forex trading experience). Funds are held with Deutsche Bank and are protected by the Deposit Protection Fund of the Association of German Banks. Clients also have privileged access to institutional Deutsche Bank research. The forex trading platform is easy-to-use, reliable, customisable and offers various advanced features such as trading from charts, hedging, no FIFO and risk management tools.

To experience the dbFX trading platform with $50,000 in virtual funds in live market conditions, you can open a free forex demo. If you have any questions regarding dbFX or would like a demo of the platform, please contact the sales desk. Contact information can be found at our home page www.dbfx.com

Hope that helps!

DbFX.

@dBFX Thank your for answering my query. id just like to know if your spreads will hold true during all market conditions? or will they vary under certain circumstances?

I would say fxopen is better than fxpro.

who regulate fxopen? the better choice will be to go with DBFX.

dbfx is not a fix spread broker, so spreads will change with market conditions

I wouldn't touch DBFX or CITIFX with a 10 foot pole. Purely because they are part of a bank.

Why did the financial markets crash? It wasn't because of retail brokers thats for sure.

Most bankers that are pushing for profit are crooks, shady characters out for a quick buck.

Funds would never be safe under such an entity, you know they will do whatever they have to do to make the most profit possible from your trading.

@witsnpips

i will try to open a demo account first with FXOPEN. ill post my comments on it soon.

@fxoxford & @Takisd
It seems that there is a conflict regarding bank based brokers such as dbfx and other brokers such as fxopen and the likes. I have just tried the demo account of dbfx and it is very easy to use. id love it though if they give full access to their research since their analysis is very comprehensive.