Best Broker for Forex and DAX? | Forex Factory

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Best Broker for Forex and DAX?

  • #1
  • First Post: Sep 24, 2018 6:35pm Sep 24, 2018 6:35pm
Hello im actually using HotForex zero acc, in your opinion what broker are the best for forex and dax?
  • #2
  • Sep 25, 2018 7:03pm Sep 25, 2018 7:03pm
There's many regulated and good brokers out there. As long as you are able to withdraw your profits and deposits, they are good brokers.
  • #3
  • Oct 12, 2018 12:06am Oct 12, 2018 12:06am
Quoting Jesse292
Hello im actually using HotForex zero acc, in your opinion what broker are the best for forex and dax?
Try coinexx, they offer very competitive spreads across the board.
  • #4
  • Oct 12, 2018 4:35am Oct 12, 2018 4:35am
For as long as the broker is regulated it doesn't matter allot. Personaly i have used 4xpremium for about 2 months now and everything is going great.
  • #5
  • Oct 12, 2018 5:49am Oct 12, 2018 5:49am
Quoting Jesse292
Hello im actually using HotForex zero acc, in your opinion what broker are the best for forex and dax?
I like IG and ICMarkets. Lots of great brokers around, depends on your criteria.
  • #6
  • Oct 14, 2018 3:21pm Oct 14, 2018 3:21pm
Quoting TeenyTrader
{quote} I like IG and ICMarkets. Lots of great brokers around, depends on your criteria.
Some Bad reviews on this link relating to IC from Forex Peace Army !
But how many are reviews from real traders and how many reviews are bogus ?

https://www.forexpeacearmy.com/forex...=4&per-page=10
every Saint has a past. Every Sinner has a Future
  • #7
  • Oct 15, 2018 1:56am Oct 15, 2018 1:56am
Quoting turnip15
{quote} Some Bad reviews on this link relating to IC from Forex Peace Army ! But how many are reviews from real traders and how many reviews are bogus ? https://www.forexpeacearmy.com/forex...=4&per-page=10
I prefer to open an account and see for myself.

Some reviews will be bogus and some from traders who prefer to blame their broker rather than have a good look at their own failings.

Harsh but true.
  • #8
  • Nov 3, 2018 2:16am Nov 3, 2018 2:16am
Try coinexx, spreads are really good. I personally am trading with them for a while and I haven’t faced any problem till date. For starters you can try out their demo account, see if it suits your trading style.
  • #9
  • Nov 9, 2018 5:02am Nov 9, 2018 5:02am
Indeed, it depends on your criteria. Generally, there are two type of brokers:
1) Market Makers, which are looking for short term relationships. They usually provide some "welcome bonuses" or "cash promotions", however after a while they take all of your money
2) Agency model brokers, which are NDD (No Dealing Desk), with transparent conditions. Very often they provide interbank core spreads, coming directly from the liquidity providers.
  • #10
  • Nov 9, 2018 5:41am Nov 9, 2018 5:41am
Quoting DwainUK
Indeed, it depends on your criteria. Generally, there are two type of brokers: 1) Market Makers, which are looking for short term relationships. They usually provide some "welcome bonuses" or "cash promotions", however after a while they take all of your money 2) Agency model brokers, which are NDD (No Dealing Desk), with transparent conditions. Very often they provide interbank core spreads, coming directly from the liquidity providers.
Tell me examplesof ndd brokers please
  • #11
  • Nov 9, 2018 6:11am Nov 9, 2018 6:11am
Quoting Jesse292
{quote} Tell me examplesof ndd brokers please
JFD Brokers - german owned, NDD (DMA/STP), CySEC regulated. All EU laws apply, because Cyprus is no longer an off-shore area, they are in the EU.
  • #12
  • Nov 9, 2018 6:48am Nov 9, 2018 6:48am
Quoting UlliC
{quote} JFD Brokers - german owned, NDD (DMA/STP), CySEC regulated. All EU laws apply, because Cyprus is no longer an off-shore area, they are in the EU.
what about ig
  • #13
  • Nov 14, 2018 11:57pm Nov 14, 2018 11:57pm
Quoting Jesse292
{quote} what about ig
Hello Jesse. I think, JFD are good example for NDD broker, which are providing core spreads, without markup. Regards
  • #14
  • Last Post: May 18, 2019 8:40am May 18, 2019 8:40am
Quoting Jesse292
Hello im actually using HotForex zero acc, in your opinion what broker are the best for forex and dax?
There are many regulated brokers for trading forex and dax.
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