hi folks. i know im not an active contributor, so asking for help is a bit selfish. but im gonna give it a shot. the brokers above are the ones i now have live accounts. It was not easy really, they all wanted residency proof, yet they accepted different documents. So i got the idea that id try all 4 of them live, and decide which one is the "best" and move all funds there. Ive never traded mt4 except on demo for the past 5 months. The point is i got this idea of posting here and to ask opinions of you traders. The format is that you only write the problems, otherwise, you just write down the name of your choice from above 4.
As far as i know legit broker never offer above 50:1 leverage, at least not the ones regulated by US authorities, but ALPARI (which ive no doubt that is legit) and FXCC (the one i like the most so far) do offer leverage 500:1 and 200:1. IBFX feels great too. Ill probably wont choose OANDA no matter what you say and i dont know why i put its name up there. But anyway, please do tell you opinions.
PS: opinions of kids whose dreams of becoming a millionaire with 100$ deposit "was crushed by evil brokers", arent welcome.
IBFX pros extra legit and you know your money is safe. max 50:1 leverage, and no hedging allowed. Nice customer service too.
ALPARI well average broker plus you know you wont get ripped off which is a good thing. There aint a lot of FOREX broker s that you can trust.
FXCC well this one is one of those that you would call "too good to be true". Well except it is located in Cyprus. I dont know its too good so far. If you care about spreads this is the best one. EURUSD never above 1.0 pip. BUT, they added a "commission" tab to the terminal, and under that tab you see (at least they dont hide it) that you are being charged about 20$ per lot traded. It doesnt affect the execution, so you still trade with say 0.6pip spread, but they cut your profits in the end. Which makes their spread advantage useless. But somehow i like them. Do not take it as advise sine it has been only 1 month.
Thank you in advance.
FXDD also got my attention, dont have account there yet, and a feedback would be great. EDIT: scratch that. very bad reviews on web.
PS: its not my place, but id suggest that there would be a pinned thread with broker feedback from trusted forum users. just saying.
As far as i know legit broker never offer above 50:1 leverage, at least not the ones regulated by US authorities, but ALPARI (which ive no doubt that is legit) and FXCC (the one i like the most so far) do offer leverage 500:1 and 200:1. IBFX feels great too. Ill probably wont choose OANDA no matter what you say and i dont know why i put its name up there. But anyway, please do tell you opinions.
PS: opinions of kids whose dreams of becoming a millionaire with 100$ deposit "was crushed by evil brokers", arent welcome.
IBFX pros extra legit and you know your money is safe. max 50:1 leverage, and no hedging allowed. Nice customer service too.
ALPARI well average broker plus you know you wont get ripped off which is a good thing. There aint a lot of FOREX broker s that you can trust.
FXCC well this one is one of those that you would call "too good to be true". Well except it is located in Cyprus. I dont know its too good so far. If you care about spreads this is the best one. EURUSD never above 1.0 pip. BUT, they added a "commission" tab to the terminal, and under that tab you see (at least they dont hide it) that you are being charged about 20$ per lot traded. It doesnt affect the execution, so you still trade with say 0.6pip spread, but they cut your profits in the end. Which makes their spread advantage useless. But somehow i like them. Do not take it as advise sine it has been only 1 month.
Thank you in advance.
FXDD also got my attention, dont have account there yet, and a feedback would be great. EDIT: scratch that. very bad reviews on web.
PS: its not my place, but id suggest that there would be a pinned thread with broker feedback from trusted forum users. just saying.