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Which broker would you recommend, and who should you avoid?

  • #21
  • Jul 6, 2015 6:59am Jul 6, 2015 6:59am
Quoting tigwigda
{quote} Should be normal account. I opened this account quite a few years ago and didn't changed it since then.
Are they offer live chat?
i can't found it on their site.
  • #22
  • Jul 7, 2015 8:59am Jul 7, 2015 8:59am
Quoting tigwigda
Avoid IG markets.
they have 1.5pips spread for majors... perhaps they are very cool with such conditions
  • #23
  • Jul 7, 2015 12:14pm Jul 7, 2015 12:14pm
Actually all brokers, even market maker brokers, as long as they are honest, professional and regulated by a sound and reputable regulatory body are all fine.

The ones that I would avoid are the ones that are unregulated (with the exception of FinFX in Finland), regulated by countries that really don't have effective and strong regulatory bodies and/or don't have adequate investor protection i case of losses or broker misconduct, who are downright scams (you can get a list of them of Forex Peace Army site or any forex forums) and you can tell usually just by how they operate: offering ridiculously large start-up bonuses, extremely low margin and shiny promises of get-rich-quick
Make your losses in demo. Earn your profits live.
  • #24
  • Jul 8, 2015 6:04am Jul 8, 2015 6:04am
Unfortunately, the majority of brokers fall into category so vividly described in the next video:

Inserted Video
:: everything is awesome ::
  • #25
  • Jul 8, 2015 9:03am Jul 8, 2015 9:03am
Quoting Forexia
Actually all brokers, even market maker brokers, as long as they are honest, professional and regulated by a sound and reputable regulatory body are all fine. The ones that I would avoid are the ones that are unregulated (with the exception of FinFX in Finland), regulated by countries that really don't have effective and strong regulatory bodies and/or don't have adequate investor protection i case of losses or broker misconduct, who are downright scams (you can get a list of them of Forex Peace Army site or any forex forums) and you can tell usually...

What do you think of Tickmill and Darwinex?? Are they well regulated in your opinion?
  • #26
  • Last Post: Jul 8, 2015 9:25am Jul 8, 2015 9:25am
Quoting Black Fox
Unfortunately, the majority of brokers fall into category so vividly described in the next video: https://youtu.be/WMtfTRBVaeA
You know that is BS video, what he is saying have nothing to do with the subtitles, is a joke I understand... But I think that is true with no regulated brokers, the problem is that we do not need to choose this tipe of broker, there are a lot of good and regulated. If you go for the promotions, easy money and moon and stars the bad brokers offers, you are going to that and no for trading reasons. When you select a broker you need to see besides the regulation if the work model suit your needs, and then do bussiness, no one trustful give you free money or a deal when you win and he lose.
Sorry for my english, but i think isundesteanable.
Cheers!
I know where the market is going to move next: to the righ! XD
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