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Best UK Broker?

  • #1
  • First Post: Jun 8, 2015 1:06pm Jun 8, 2015 1:06pm
Hello
Been trading mini lots for the past month or so with real money starting to get the hang of trading I'm having problems with my broker I'm not getting filled and today was the last straw I couldn't close a position for about 4 mins. Not sure if this is normal with brokers? Should I be looking elsewhere my broker is FX pro, or they a good broker ?
Cheers
  • #2
  • Jun 8, 2015 1:57pm Jun 8, 2015 1:57pm
Try to go to activtrades, they are verry good!
  • #3
  • Jun 8, 2015 2:44pm Jun 8, 2015 2:44pm
Here is a list of FCA regulated brokers that may help:
https://www.100forexbrokers.com/fsa-regulated-brokers

FxPro is one of the largest and well known brokers in the UK so interesting to hear that they suck!

Maybe also have a look at Axitrader as they have recently opened a UK office and are "ECN", also better spreads than FxPro.
  • #4
  • Jun 9, 2015 5:05am Jun 9, 2015 5:05am
i think fxpro is the best uk broker i never encountered any problem with them .i think you are just trying to make a bad review about fxpro please prove what you say
i trade with them and they are so good and so professional
cheers
focus while relaxed to see better
  • #5
  • Jun 10, 2015 3:31am Jun 10, 2015 3:31am
Thanks Mitch. As I don't really know anything about brokers I will stay with them a bit longer and see if things improve, Moby it was a 1 off, they have been excellent up until now, just a little worrying if you can't get rid of a position, they have given me a number to call now if I can't close one.

Just out of interest I'm thinking about opening up a second account, which are the largest uk brokers just out of interest?
Thank you
  • #6
  • Jun 10, 2015 4:29am Jun 10, 2015 4:29am
I'd rather go with a major which is regulated, just heard lots of horror stories with these smaller brokers
Cheers
  • #7
  • Jun 10, 2015 4:47am Jun 10, 2015 4:47am
Are there UK brokers that are actually regulated by the FCA for real and not just passported license from CySEC etc. - I mean, they have an actual and real FCA license and not just MiFID passported.
  • #8
  • Jun 10, 2015 4:55am Jun 10, 2015 4:55am
Quoting jonisonvespa
I'd rather go with a major which is regulated, just heard lots of horror stories with these smaller brokers Cheers
Hi,
Who are your brokers?
  • #9
  • Jun 10, 2015 5:03am Jun 10, 2015 5:03am
FX pro
  • #10
  • Edited 7:08am Jun 10, 2015 6:23am | Edited 7:08am
Quoting jonisonvespa
Thanks Mitch. As I don't really know anything about brokers I will stay with them a bit longer and see if things improve, Moby it was a 1 off, they have been excellent up until now, just a little worrying if you can't get rid of a position, they have given me a number to call now if I can't close one. Just out of interest I'm thinking about opening up a second account, which are the largest uk brokers just out of interest? Thank you

These are the largest retail brokers in the world and most are regulation in the UK including AxiTrader. These figures are before part of Alpari Group went belly up!

http://www.forexfactory.com/attachme...6&d=1430813440
  • #11
  • Jun 13, 2015 3:21am Jun 13, 2015 3:21am
Thank you all very much,
  • #12
  • Jun 22, 2015 4:24pm Jun 22, 2015 4:24pm
i am sorry for my harsh words
i think you are right .
all brokers when you lose they are happy .when you make money problems starts .
all have a nice day
focus while relaxed to see better
  • #13
  • Jun 22, 2015 4:43pm Jun 22, 2015 4:43pm
It's surprisingly difficult finding a good broker, none check all the boxes for me so much so I think I should be setting up my own!
  • #14
  • Jun 23, 2015 1:46am Jun 23, 2015 1:46am
Quoting Ziaf
Try to go to activtrades, they are verry good!
Can you say something about the order execution? Currently I'm jumping from broker to broker only for testing. Pepperstone pretty good no slippage at all but too bad reviews here on ff (account protection / negative account balance). Since yesterday I changed to AT and much disappointed about order execution. Too much slippage (up to 3.5 pip!). All orders are pending orders! Is it only the demo environment?

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #15
  • Jun 23, 2015 3:37am Jun 23, 2015 3:37am
Quoting JibalaPasan
{quote} Can you say something about the order execution? Currently I'm jumping from broker to broker only for testing. Pepperstone pretty good no slippage at all but too bad reviews here on ff (account protection / negative account balance). Since yesterday I changed to AT and much disappointed about order execution. Too much slippage (up to 3.5 pip!). All orders are pending orders! Is it only the demo environment? Jibala
I don't get much slippage with Activtrades and I'm live with them. Other brokers to consider: London Capital Group, Darwinex, Atom 8, ADS-Securities (maybe?)
  • #16
  • Jun 23, 2015 5:16am Jun 23, 2015 5:16am
hi anyone have experience with this newly FCA regulated broker One Trade (FxStat), their spread at http://www.myfxbook.com/forex-broker-spreads quite low, they offer 100:1 for maximum leverage, they advertise Start trading with as little as $100 on their website ($500 on the first deposit on their help FAQ)
  • #17
  • Jun 25, 2015 11:16pm Jun 25, 2015 11:16pm
Quoting xMeruem
{quote} I don't get much slippage with Activtrades and I'm live with them. Other brokers to consider: London Capital Group, Darwinex, Atom 8, ADS-Securities (maybe?)
Many thanks for your answer and positive feedback. But I found out another problem. On wednesday I had a least 25 disconnects within 12h while others and internet in general was working fine! Hence imho if AT is not able to offer a properly working demo platform to us traders that we can test our systems, then they are not worth to spend time and money on them.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #18
  • Jun 26, 2015 9:55am Jun 26, 2015 9:55am
Hi,

I've been trading forex for over a decade and have tried over 100 brokers in this time. None are perfect and the sad irony is that for struggling newbies who don't want to be cheated, you're more likely to be taken in by bucketshops offering crazy leverage and offering bonus promotions, as well as the small deposit requirements. That's not to say being with ECN brokers is going to guarantee you success either. MF Global was one of the biggest forex brokers in the world and it went bankrupt, so there's no such thing as perfect security anywhere. That said, I think you're sensible wanting to stick to UK brokers. Make sure they're regulated by the FCA and are actually based here.

Some of the other posters have mentioned companies I have experience with and can vouch for. LCG (dealt with Harry Campbell-Lamerton), FxPro (dealt with Edward Anderson) and ActivTrades (dealt with Ivanna Dashko) are all good. Their platforms are robust and they've got decent customer service. ADS is also not bad either. In my opinion however, Atom8 is the best of the lot. They're not as long established as the others, but they're growing, and their staff (David Andrews, Anish Lal & David Rapp) are without doubt the friendliest, most professional, and helpful you're likely to meet. Also, as well as MT4, they offer the Jforex platform, which will connect you to Dukascopy liquidity, and FIX API connectivity too.

Hope this helps.
  • #19
  • Jun 26, 2015 10:05am Jun 26, 2015 10:05am
Quoting Ian K
Hi, I've been trading forex for over a decade and have tried over 100 brokers in this time. None are perfect and the sad irony is that for struggling newbies who don't want to be cheated, you're more likely to be taken in by bucketshops offering crazy leverage and offering bonus promotions, as well as the small deposit requirements. That's not to say being with ECN brokers is going to guarantee you success either. MF Global was one of the biggest forex brokers in the world and it went bankrupt, so there's no such thing as perfect security anywhere....
Many thanks for your input! It seems I have to test some more brokers you've mentioned. Also will write an email to AT and confront them with the problems I have experienced.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #20
  • Jun 26, 2015 11:10am Jun 26, 2015 11:10am
Gomarkets formerly known as vantagefx uk
FXerha
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