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Can anyone recommend a reliable Broker?

  • #1
  • First Post: Jul 16, 2015 5:57am Jul 16, 2015 5:57am
Deciding which Broker you want to invest to, can be quite hard and stressfull these days. You see a lot of brokers being scammers etc. and you can never be sure which one to trust.
That's my biggest worry to be honest. Commission-/Withdrawal- or any other kind of fees can be a bit annoying but it's perfectly acceptable for me.
As long as the broker doesn't scam me and is honest and reliable I am all for it.

So is there anyone here who can recommend a good, reliable broker?
  • #2
  • Edited 8:09am Jul 16, 2015 6:10am | Edited 8:09am
Hi

i think that most brokers are honest but better to find a one with less hassles like less slippage and fast execution .

i also advice to look for brokers that have a strong capital and did not suffer from last franc move a lot .

i don't have certain brokers in my mind because i don't like to be involved in such an attitude .

you need to try the broker out loss little then go for real with them if they fit you .

have a nice day sir
focus while relaxed to see better
  • #3
  • Jul 16, 2015 7:48am Jul 16, 2015 7:48am
choose several ones from the majors, medium-sized and small brokers and test their systems. First demo and then little deposits on real accounts, your own opinion is the most reliable one
  • #4
  • Jul 16, 2015 10:51am Jul 16, 2015 10:51am
A major broker as Oanda for example? I really don't want to trust any Broker blindly.
  • #5
  • Jul 16, 2015 11:22am Jul 16, 2015 11:22am
Quoting mankindeg
Deciding which Broker you want to invest to, can be quite hard and stressfull these days. You see a lot of brokers being scammers etc. and you can never be sure which one to trust. That's my biggest worry to be honest. Commission-/Withdrawal- or any other kind of fees can be a bit annoying but it's perfectly acceptable for me. As long as the broker doesn't scam me and is honest and reliable I am all for it. So is there anyone here who can recommend a good, reliable broker?
Google can help you for some popular names and then you just need to filter the list with the help of FPA and your requirements, you can also put your choice here for everyone give you additional information.
  • #6
  • Jul 16, 2015 11:22am Jul 16, 2015 11:22am
Depends on the deposit you want to do?
  • #7
  • Jul 16, 2015 12:20pm Jul 16, 2015 12:20pm
I'm only new to trading and have been looking around alot and trying out different brokers. One i have come across that i like is FX Pro. They have 4 different platforms and one called ctrader that i'm using in demo mode at the moment and i love it. Really fast execution speeds with it and it's way easier to set stop loss and take profit, like once you buy and the open line appears on the chart theres a "TP" and "SL" that you just drag from there. So you can set a stop to even 1 pip. Another cool feature is being able to close different amounts of the lot you bought at certain points.
They don't trade against you either like a lot of brokers do. Spreads are lower than most too. Ctrader charges a commission but i'm actually not too sure how that works with spread( yeah i'm a noobie)
  • #8
  • Jul 16, 2015 12:53pm Jul 16, 2015 12:53pm
Quoting JustyJust
I'm only new to trading and have been looking around alot and trying out different brokers. One i have come across that i like is FX Pro. They have 4 different platforms and one called ctrader that i'm using in demo mode at the moment and i love it. Really fast execution speeds with it and it's way easier to set stop loss and take profit, like once you buy and the open line appears on the chart theres a "TP" and "SL" that you just drag from there. So you can set a stop to even 1 pip. Another cool feature is being able to close different amounts...

i dont advice with fxpro
focus while relaxed to see better
  • #9
  • Jul 16, 2015 1:58pm Jul 16, 2015 1:58pm
Why not?
  • #10
  • Jul 16, 2015 2:48pm Jul 16, 2015 2:48pm
Quoting mankindeg
Commission-/Withdrawal- or any other kind of fees can be a bit annoying but it's perfectly acceptable for me.

You will probably change your opinion to the opposite when get a closer look to real trading. Spreads and commissions shape results of scalping traders so I strongly advice you to linger round this point too.
It's impossible to say which broker will last long or go bust soon, there are no guarantees so the only advice is to diversify risk. Try to garner feedback from the forum about frequently used brokers and split you deposit between them. I believe this measure makes a sense for deposits over 2K, for less deposits it will be hard to focus on trading (opening and closing orders, adjusting SL and TP because of differences in brokers feed). Currently I keep all my loot in Hotforex but looking for a couple of other reliable brokers to split funds and trade from three platforms simultaneously.
  • #11
  • Jul 16, 2015 4:08pm Jul 16, 2015 4:08pm
Fxcm, Atom8, Pepperstone, Fxpro, Duka, Citifx, LMAX, BaxterFX - All are in pretty good shape!

BR
MY SITTING, NEVER MY THINKING!
  • #12
  • Jul 16, 2015 4:09pm Jul 16, 2015 4:09pm
....And ofcourse London Capital Group
MY SITTING, NEVER MY THINKING!
  • #13
  • Jul 16, 2015 4:27pm Jul 16, 2015 4:27pm
does any one know how about Admiral Markets Group
http://www.admiralmarkets.com/
Regards,
Moti
  • #14
  • Jul 16, 2015 4:48pm Jul 16, 2015 4:48pm
IC Markets are great in my experience
  • #15
  • Jul 16, 2015 4:54pm Jul 16, 2015 4:54pm
hotforex zero spread account
fast execution
no re quoest
good and fast withdrawal
friendly staff
regulated
  • #16
  • Jul 17, 2015 12:41am Jul 17, 2015 12:41am
Quoting merrygold
Fxcm, Atom8, Pepperstone, Fxpro, Duka, Citifx, LMAX, BaxterFX - All are in pretty good shape! BR
+1 for this.
Only i would leave out FXCM, Pepperstone and Fxpro if you would trade higher deposits.
My list would be like this:

Atom8, Dukascopy, Citifx, Lmax, BaxterFX, LCG, Darwinex, Sucden Financial, CFH Clearing, IB, Activtrades and Gain GTX.
  • #17
  • Jul 17, 2015 3:20am Jul 17, 2015 3:20am
Quoting Dkam
{quote} +1 for this. Only i would leave out FXCM, Pepperstone and Fxpro if you would trade higher deposits. My list would be like this: Atom8, Dukascopy, Citifx, Lmax, BaxterFX, LCG, Darwinex, Sucden Financial, CFH Clearing, IB, Activtrades and Gain GTX.
For 1-20K Fxpro, pepperstone is great. I've had a fxcm active traders account (Min. Deposit 25k) And it was working well, i trade on daily & weekly and taking entry on 4h. - Fxcm would not be the broker of choice if i was daytrading.
- Now i am with Atom8, LCG & duka, and i must admit Atom8 is making a name for themselves. THEY ROCK!!

Happy trading
MY SITTING, NEVER MY THINKING!
  • #18
  • Jul 17, 2015 3:28am Jul 17, 2015 3:28am
And to everyone looking for their first broker - DONT BE FOOLED BY FLASHING LIGHTS, 500% Deposit bonus. - Theese options is NOT for your own favour.
MY SITTING, NEVER MY THINKING!
  • #19
  • Jul 17, 2015 3:30am Jul 17, 2015 3:30am
the thousandth thread with such question.. there are a lot of good, reliable brokers. Their conditions are rather similar to each other, choose a broker my yourself, read reviews about it and make a decision. very simple algorithm
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