Recommended Broker with 1st World Regulator + PAMM/MAMM system | Forex Factory

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Recommended Broker with 1st World Regulator + PAMM/MAMM system

  • #1
  • First Post: Jul 21, 2017 8:18am Jul 21, 2017 8:18am
Greeting to all FX-ers. I need some help, as I am looking for a good broker with first world country regulator.
Also, I need to have a PAMM / MAMM system so my friends can earn some income while learning.

Do recommend, and currently I am looking at Pepperstone. Thanks in advance!
  • #3
  • Jul 22, 2017 3:17am Jul 22, 2017 3:17am
Quoting ff34
Hidden
ICMarket is a good choice indeed.

Australia
- ICMarket
- Pepperstone

Cyprus
- Exness

There are no further info, and it doesn't seems to meet my requirement for PAMM.
Btw, why cyprus? I kinda have to put it as 2nd tier regulator.
  • #4
  • Jul 22, 2017 12:32pm Jul 22, 2017 12:32pm
I used Exness and I use ICMarkets.
ICM way way better!!
there is always, always another trade!!
  • #5
  • Jul 22, 2017 2:23pm Jul 22, 2017 2:23pm
Hello friends,,,please do not go with HotForex....it's a scam....
  • #6
  • Jul 24, 2017 8:46am Jul 24, 2017 8:46am
Quoting pax4patel
Hello friends,,,please do not go with HotForex....it's a scam....
No live experience with them. It can be. Can you describe why you consider this as a scams?
  • #7
  • Jul 24, 2017 9:15am Jul 24, 2017 9:15am
Quoting profitfarmer
I used Exness and I use ICMarkets. ICM way way better!!
Thanks for your input. But any reason behind it?
  • #8
  • Jul 24, 2017 9:15am Jul 24, 2017 9:15am
Quoting pax4patel
Hello friends,,,please do not go with HotForex....it's a scam....
Any reasons for making such statement?
I can't declare someone is a criminal without knowing what fault he/she did.
  • #9
  • Jul 24, 2017 9:20am Jul 24, 2017 9:20am
Quoting Coconutwei
{quote} Any reasons for making such statement? I can't declare someone is a criminal without knowing what fault he/she did.
Yes , I agree at your point.
Without live statement that’s really difficult to recommend at any broker as a scam.
  • #10
  • Jul 24, 2017 9:56am Jul 24, 2017 9:56am
Quoting Coconutwei
{quote} Thanks for your input. But any reason behind it?
Yes, over time Exness started to show more and more technical problems related to MT4, trading execution, removed bonus at random without notice and without reason...true, when asked about it, usually things get fixed, but I increasingly started to get the feel that they are vs. my trading. Note, was using ECN, it is not that easy to go back fix orders if they arent taking other side ( believe they do, and not ecn as claim) on an order, should not have MT4 spikes where other brokers didn't have anything similar...
On top slippage started to be common, often few pips, at normal times not news, but 10:1 vs me also, I know, had a diary that time testing out a strategy. Since it was involving 15tp, 10sl, with slippage they killed it.
After 2 yrs I left them, and moved to ICM.

Spread is better, slippage is less, and if to their way then it is less obviously anyhow, a lot less platform/server issues.

What both broker shares is that chat support is useless beyond very basic matters.

Hope this helps.
there is always, always another trade!!
  • #11
  • Jul 24, 2017 12:53pm Jul 24, 2017 12:53pm
I can vouch for Pepperstone and Tickmill(Regulated by FCA). I have accounts with both and never had a problem with them
  • #12
  • Jul 25, 2017 11:02am Jul 25, 2017 11:02am
Quoting solecrusader
I can vouch for Pepperstone and Tickmill(Regulated by FCA). I have accounts with both and never had a problem with them
how long have you been trading with them? Would be glad to get a rough estimates of profit withdrawn from both of them..

thanks.
  • #13
  • Jul 25, 2017 11:38am Jul 25, 2017 11:38am
Quoting Banet
{quote} Yes , I agree at your point. Without live statement thats really difficult to recommend at any broker as a scam.
I will wait for a few days to wait for his respond.
  • #14
  • Jul 25, 2017 11:39am Jul 25, 2017 11:39am
Quoting profitfarmer
{quote} Yes, over time Exness started to show more and more technical problems related to MT4, trading execution, removed bonus at random without notice and without reason...true, when asked about it, usually things get fixed, but I increasingly started to get the feel that they are vs. my trading. Note, was using ECN, it is not that easy to go back fix orders if they arent taking other side ( believe they do, and not ecn as claim) on an order, should not have MT4 spikes where other brokers didn't have anything similar... On top slippage started...
Thank you. I do aiming at IC Market.
However, my only concern is, they required USD20,000 to open a PAMM account.
  • #15
  • Jul 25, 2017 11:40am Jul 25, 2017 11:40am
Quoting solecrusader
I can vouch for Pepperstone and Tickmill(Regulated by FCA). I have accounts with both and never had a problem with them
Ah! Tickmill, another good one.
Pepperstone... which is what I have been trying to decide vs IC Market.

However, compare with IC Market vs Pepperstone, Pepperstone have more bad reviews for unknown reasons.
  • #16
  • Jul 25, 2017 12:13pm Jul 25, 2017 12:13pm
Quoting available
{quote} how long have you been trading with them? Would be glad to get a rough estimates of profit withdrawn from both of them.. thanks.
i have been with them since almost 2.5 years and since 1 year with tickmill regulate by FCA. I have withdrawn 5 digit profits from both of them and it went pretty swift. Had a bank transfer and the money was there in 1-2 days.


Quoting Coconutwei
{quote} Ah! Tickmill, another good one. Pepperstone... which is what I have been trying to decide vs IC Market. However, compare with IC Market vs Pepperstone, Pepperstone have more bad reviews for unknown reasons.
Well IC Market and Pepperstone are pretty similar but IC's slippage is pretty terrible. I am not sure where you read the bad reviews but they are considered to be the better brokers out there
  • #17
  • Jul 25, 2017 3:54pm Jul 25, 2017 3:54pm
Quoting Coconutwei
{quote} Thank you. I do aiming at IC Market. However, my only concern is, they required USD20,000 to open a PAMM account.
I think that they offer a MAM too, if you have 5 account or more....or maybe ask about that 20k rule, can be only a guideline, not always something exact ( though sometimes is)
there is always, always another trade!!
  • #18
  • Jul 26, 2017 7:14am Jul 26, 2017 7:14am
Quoting solecrusader
{quote} i have been with them since almost 2.5 years and since 1 year with tickmill regulate by FCA. I have withdrawn 5 digit profits from both of them and it went pretty swift. Had a bank transfer and the money was there in 1-2 days. {quote} Well IC Market and Pepperstone are pretty similar but IC's slippage is pretty terrible. I am not sure where you read the bad reviews but they are considered to be the better brokers out there
https://www.forexbrokerz.com/peppers...ker-comparison
http://forexbrokersjournal.com/compa...-vs-IC-Markets

This 2 links.

But yes, when I google, "pepperstone scam" and "IC Markets scam".
Apparently IC Market got a lot example of bad example.
  • #19
  • Last Post: Jul 31, 2017 4:22am Jul 31, 2017 4:22am
Quoting solecrusader
{quote} i have been with them since almost 2.5 years and since 1 year with tickmill regulate by FCA. I have withdrawn 5 digit profits from both of them and it went pretty swift. Had a bank transfer and the money was there in 1-2 days. {quote} Well IC Market and Pepperstone are pretty similar but IC's slippage is pretty terrible. I am not sure where you read the bad reviews but they are considered to be the better brokers out there

Oh looks very valuable feedback to me. Withdrawals became the safest and most illustrative gauge of broker trustworthiness to me.
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