The most secure forex broker? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Regulations - Complaints & How to Secure Ourselves? 18 replies

the most secure 5 pip scalping system 136 replies

Need to secure a given amount using a forex option. Is this exclusive of forex houses 3 replies

Is the future of a Forex trader secure? 7 replies

Is Northfinance A Secure Broker 2 replies

The most secure forex broker?

  • #21
  • Jul 9, 2017 7:34pm Jul 9, 2017 7:34pm
Quoting gvsee
Hi guys, i operated in various brokers' demo accounts in those months and things are goin' good, but i really didn't understand which one i can trust. I understood that FCA is one of the best license but also not a real assurance. Every time im certain about a broker, but then i find new bad review about it. So in vere to ask you help. Im not searching for the best spreads (i Like tjat, but i prefer safety), or the best platform (my strategy doesn't need particular indexs), but just a serious forex broker. I got informations about Oanda (but many...
Best ECN: Dukascopy
Best bucket shop: Oanda
How do I know? Over 10 years trading,
Good luck
Keeping it Simple
  • #22
  • Jul 9, 2017 9:22pm Jul 9, 2017 9:22pm
Quoting richrockfx
{quote} Best ECN: Dukascopy Best bucket shop: Oanda How do I know? Over 10 years trading, Good luck
100% agree on Dukascopy. I traded with them for years until the NFA decided I would be better off NOT TRADING with a 100% SECURE BANK who insured my funds up to 100,000 CHF. Nope, they think I am absolutely better off with one of the scam brokers which they regulate.
  • #23
  • Jul 10, 2017 8:39am Jul 10, 2017 8:39am
Quoting pipmaster77
{quote} 100% agree on Dukascopy. I traded with them for years until the NFA decided I would be better off NOT TRADING with a 100% SECURE BANK who insured my funds up to 100,000 CHF. Nope, they think I am absolutely better off with one of the scam brokers which they regulate.
Yes, the NFA's got your back
Keeping it Simple
  • #24
  • Jul 11, 2017 6:43am Jul 11, 2017 6:43am
Quoting richrockfx
{quote} Best ECN: Dukascopy Best bucket shop: Oanda How do I know? Over 10 years trading, Good luck
I saw their spreads and they seem very high..
or it's just a wrong impression?

Anyway thx for the advice
probably i'll trade with them
  • #25
  • Jul 11, 2017 9:39am Jul 11, 2017 9:39am
Quoting pipmaster77
{quote} 100% agree on Dukascopy. I traded with them for years until the NFA decided I would be better off NOT TRADING with a 100% SECURE BANK who insured my funds up to 100,000 CHF. Nope, they think I am absolutely better off with one of the scam brokers which they regulate.

You can open company in one of tax haven country like Cayman Islands or Saint Kitts and Nevis and then trade with reputable broker.
  • #26
  • Jul 11, 2017 2:54pm Jul 11, 2017 2:54pm
Quoting insomniawawa
{quote} You can open company in one of tax haven country like Cayman Islands or Saint Kitts and Nevis and then trade with reputable broker.
Sure can't. It will still be a company with an officer who is a US citizen. They literally (the NFA) do not want US citizens to trade spot forex. That is the bottom line behind the regulations.
  • #27
  • Jul 12, 2017 2:41am Jul 12, 2017 2:41am
Quoting pipmaster77
{quote} Sure can't. It will still be a company with an officer who is a US citizen. They literally (the NFA) do not want US citizens to trade spot forex. That is the bottom line behind the regulations.

Ok, but NFA also doesn't allow US citizens to trade with any offshore broker, however you do it. ASIC and FCA regulated brokers can't accept US citizen as client, but can accept offshore company. Personal data is confidential in this kind of company.
  • #28
  • Jul 12, 2017 6:40am Jul 12, 2017 6:40am
Quoting insomniawawa
{quote} Ok, but NFA also doesn't allow US citizens to trade with any offshore broker, however you do it. ASIC and FCA regulated brokers can't accept US citizen as client, but can accept offshore company. Personal data is confidential in this kind of company.
I can oly do it bcause the brokers I use are "unregulated". Trust me, I earn enough in this business to have explored all options.
  • #29
  • Jul 20, 2017 2:39pm Jul 20, 2017 2:39pm
When choosing a broker which type of platforms you ll choose ?

ECN or STP and why ?
  • #30
  • Jul 20, 2017 3:40pm Jul 20, 2017 3:40pm
All are safe and sounds

but from my first day of trading I have been using ECN platform
  • #31
  • Last Post: Jul 20, 2017 4:48pm Jul 20, 2017 4:48pm
There is not 100% secure broker in Forex market, I have never found at any broker which I can rate 10 out of 10. Actually you have to choose the broker by trader’s reviews that you can get in FPA. But right now I am not totally confident in FPA reviews. Here I got some positive reviews at a scam broker that I have used when I was a newcomer.
0 traders viewing now