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Attachments: Reality of FOREX: my experience with brokers + share yours
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Reality of FOREX: my experience with brokers + share yours

Quoting ifmihai
I am a little confused about axiory. I would really love some clarity about them, Since you are using them (@tradinglife) I see axiory.eu is terminated Axiory.com with licensed with IFSC, belize, 200$ min account Purpletrading.com European, 1000 min account, the one you talked about. Licensed with all kinds of european regulators Whats up with axiory.com? Is it their branch in south america or? From texts on websites, they appear the same. Im thinking about opening an account with purple site But i want to understand what i am seeing Anyway, after...
Anyone could share their experiences with purple trading? I been googling around and not much reviews about them.
Quoting yan7181
{quote} Anyone could share their experiences with purple trading? I been googling around and not much reviews about them.
why not just pick one of the larger, well established and regulated broker?
there is always, always another trade!!
Quoting TradingLife
I welcome all Forex Factory visitors, my name is Alex. Even if I usually don't contribute to forums, Forex Factory changed my mind. I consider FF as a great and valuable community that is not influenced by brokers interests and that is free from fake brokers posts (one of a few). So I would like to share there my experience too I believe that this will be eye-opening and useful for other traders. Lets start with a little about me. I trade forex for more than 9 years and approx the 4th year I am able to trade it profitably. You are probably thinking...
I have been with Oanda for 6yrs and never had issues.Got my money out within few hrs directly to my checking account without fees.
Yes spread varies specially on high impact news events but that's common among many brokers.
Just saying from my personal experience I like Oanda
I was with MBTrading before and did not like how they dealt with my account.
In trading, you have to be defensive and aggressive at the same time
I've been as of now trading with a considerable measure of brokers and encountered a great deal of terrible/swindling rehearses and in addition great ones. Presently I might want to share my experience and tell here which brokers you should not exchange with and which brokers depend on my experience safe to exchange with. I'd additionally get a kick out of the chance to welcome different traders to share their experience (genuine records just!) and I'll add your experience and notes to this initially post. I'd get a kick out of the chance to make something like database of broker's notes/experience and table of genuine versus low-quality brokers.
Nice story
  • Post #607
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  • Edited at 10:27am Nov 4, 2017 5:37am | Edited at 10:27am
Thanks to TradingLife for this thread.
I'm glad to have found this just in time as I'm wanting to open a live account.
Thougtht I would go live with ICM or Pepperstone but the reviews left on review sites are just so scary.
Have to be extra careful going forward.

Whilst reading this thread I took note of traders talking about ping, trade execution time, slippage etc, how do you guys monitor all of this.
Also is there a simple way to compare broker spreads. I'm looking for a STP type broker [no commission] as I hold my trades for a few days.

Thank you
Lyn
What about squareddirect they a true stp?
Quoting Lrg
Thougtht I would go live with ICM or Pepperstone but the reviews left on review sites are just so scary.
Traded with both of them and had no problems.

Quoting Lrg
Whilst reading this thread I took note of traders talking about ping, trade execution time, slippage etc, how do you guys monitor all of this. Also is there a simple way to compare broker spreads.
I use attached EA. It shows all stats directly in MT4.

Let's compare our brokers, it will be interesting.
Attached File
File Type: ex4 TradingCostEA.ex4   992 KB | 203 downloads
Quoting TraderSTK
Hi all, how are you? Could someone share thoughts about tickmill? Thank you. Best regards!
I have been trading with Tickmill for a few years and had no problems either.
Little more expensive then with IC.
I have noticed 1-2 week after you register around in some brokers, a number of calls from call centers to offer you investing possibilities.
Of course this is included in their 6950 pages of TOS .
Finance is bullshit. Math is truth. - Harry Markopolos
  • Post #612
  • Quote
  • Edited at 11:00am Feb 9, 2019 6:06am | Edited at 11:00am
Quoting Bicarus
i trade dirctly on FXall's interbank platform, orders are then API-ed to MT4 brokers. if pricing/spread differs above my set tolerance, no trades executed. not all will have the opportunity to get interbank platforms, unless you are serious about trading and know what you are doing. so couple of brokers which i recommend, mostly based in AU. VantageFX AxiPrime IC Markets Pepperstone Global Prime FP Markets Invast these brokers are all dual models, meaning they can run A/B book.eitherway, it doesnt matter as they are well capitalized(in excess of...
Hi Bicarus, are you still here? You seem to be one of the sensible members in this forum. Would be great if you could email me the AFS of these brokers you mentioned.

Thanks,
Rick { email address deleted by staff }
I'd like to trade with IB or LMAX, UK regulated, fair execution, low spreads and comissions.
IB's minimun comission is 2$ so you have to trade 1 lot or more and LMAX minimun deposit is 10.000 and it's not easy they accept you as client.
(they asked me proof that i have a investment portfolio of 500.000 €)

If this conditions don't suit to you I'd go with Darwinex.
Quoting mastercool66
I have noticed 1-2 week after you register around in some brokers, a number of calls from call centers to offer you investing possibilities. Of course this is included in their 6950 pages of TOS .
Never had that with Pepperstone, but had this issue with many others...
Christabelle means beautiful. I'm here to chit-chat and eat cotton candy.
I use IC Markets Real ECN ....and they are excellent. As much as for example FXCM is awful, IC honest. With FXCM the slippage was always against me, but with IC the slippage is often very much in my favor. I see that "the coincidence" is not manipulated !
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