Broker under IRL, DE, FR, NL, BE, LUX jurisdiction? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Lowest trading costs broker (min deposit under 10k)? 24 replies

Client Money Safety? suggest broker/ jurisdiction 11 replies

CFTC gains clear jurisdiction over US Spot FX Market 5 replies

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000 39 replies

Am i under under-capitalized? 6 replies

Broker under IRL, DE, FR, NL, BE, LUX jurisdiction?

  • #1
  • First Post: Edited 9:46am Jan 30, 2017 9:34am | Edited 9:46am
Hello All,

I've been happily trading from Europe with FCA (UK) brokers....but given all Brexit uncertainties popping up no one can give clarity with regards to what will happen to UK brokers working with EU clients (with Euro accounts).....thus, I want to find a European based broker(under the jurisdiction not just registered) on either Ireland, Germany, France, The Netherlands, Belgium, or Luxembourg.

Would any of you know a broker you would recommend?

Thanks!
  • #2
  • Jan 31, 2017 3:08pm Jan 31, 2017 3:08pm
I think LYNX is good..........although I do not have experience with them
atheer1
  • #3
  • Feb 3, 2017 4:42am Feb 3, 2017 4:42am
Quoting atheer1
I think LYNX is good..........although I do not have experience with them
I contacted them, but they are not really internationally oriented, no English site, no MT4...

Maybe in the future they want to expand into the European FX market...
  • #4
  • Feb 3, 2017 4:45am Feb 3, 2017 4:45am
I found Trio Markets registered in France, Germany, and Belgium:

https://www.triomarkets.com/about-us...d-regulations/
  • #5
  • Feb 3, 2017 5:08am Feb 3, 2017 5:08am
Why making it so complicated? There are tons of CySec brokers out there fullfilling your needs (which by the way also made some steps in terms of "customer care").
  • #6
  • Feb 3, 2017 5:15am Feb 3, 2017 5:15am
Quoting Drolph
Why making it so complicated? There are tons of CySec brokers out there fullfilling your needs (which by the way also made some steps in terms of "customer care").
Because 7 out of every 10 Scam Brokers are CySec regulated....(sorry CySec I wish it would be different)....that's why I'm looking for a more reputable EU regulating authority during these Bexit times...
  • #7
  • Feb 3, 2017 5:44am Feb 3, 2017 5:44am
I am trading with brokers of every regulation out there and can tell you - it is NOT alone the regulation, which makes a broker trustwhorty or not. For your 7 out of 10 example, you just have to take one of the remaining three ..
  • #8
  • Feb 3, 2017 5:46am Feb 3, 2017 5:46am
Quoting Drolph
I am trading with brokers of every regulation out there and can tell you - it is NOT alone the regulation, which makes a broker trustwhorty or not. For your 7 out of 10 example, you just have to take one of the remaining three ..
Hi Drolph, absolutely agree!

Could you be so awesome as to share with us which CySec regulated brokers you trade with?

I would surely take a look at them if you recommend them
  • #9
  • Feb 3, 2017 5:47am Feb 3, 2017 5:47am
By the way, found a German regulated broker FX FLAT with an English site:

https://www.fxflat.com/en/account-opening/conditions/
  • #10
  • Feb 3, 2017 6:18am Feb 3, 2017 6:18am
Quoting meyoik
{quote} Hi Drolph, absolutely agree! Could you be so awesome as to share with us which CySec regulated brokers you trade with? I would surely take a look at them if you recommend them
The choice of the broker depends on the type of strategy you want to use, thus I am not sharing recommendations on particular strategy-broker combinations.

But in general there are a lot of CySec brokers offering a fair service: Orbex, JFD, Vipro .. just to name some.
  • #11
  • Edited 7:00am Feb 3, 2017 6:48am | Edited 7:00am
So basically your top CySec regulated broker recommendation are these?:
Quoting Drolph
Orbex, JFD, Vipro
You actually said Orbex were lousy :

http://www.forexfactory.com/showthread.php?t=593637

Quoting Drolph
Is there a special reason to consider them? 10$ commission plus lousy spreads on top is not competetive at all.
  • #12
  • Feb 3, 2017 8:44am Feb 3, 2017 8:44am
Try WH Selfinvest. I think you need 2,5k for opening a forex acccount (main business is futures I guess). Fully BAFIN (Germany) regulated.

If you want a honest CySec Broker, try JFD Brokers oder GBE Brokers, as I know, both have their roots in Germany and are pretty save.

Maybe ASIC (australia) regulated brokers are interessting for you too, there are a lot: IC Markets, Pepperstone, Global Prime...only to name some of them..

Or brokers from switzerland: dukascopy, swissquote.

I have researched a lot and these brokers are pretty stable, all of them.

Regards
  • #13
  • Feb 3, 2017 8:54am Feb 3, 2017 8:54am
Agree with "themoney" on Dukas or WH SelfInvest.

Another option is https://squaredfinancial.com/en/ (Ireland)

BTW: LMAX talked about seeking regulation in Ireland too.
  • #14
  • Feb 3, 2017 9:37am Feb 3, 2017 9:37am
Quoting meyoik
So basically your top CySec regulated broker recommendation are these?: {quote} You actually said Orbex were lousy : http://www.forexfactory.com/showthread.php?t=593637 {quote}
You were asking for trustworthy brokers, not "competetive ones". There is no jack of all trades.
Furthermore I am not sharing/naming my personal favorite, as already mentioned in my last reply.
  • #15
  • Feb 6, 2017 3:01am Feb 6, 2017 3:01am
Quoting Drolph
{quote} You were asking for trustworthy brokers, not "competetive ones". There is no jack of all trades. Furthermore I am not sharing/naming my personal favorite, as already mentioned in my last reply.
Jesus the guy is only asking for the broker you use, not your secret winning strategy. How the hell will that affect you? A pox on your house!
  • #16
  • Feb 6, 2017 3:26am Feb 6, 2017 3:26am
Quoting PharLap
{quote} Jesus the guy is only asking for the broker you use, not your secret winning strategy. How the hell will that affect you? A pox on your house!
Don't hate the player, hate the game.

It is not my fault, if you underestimate the strong correlation between specific trading approach and broker. Maybe you will one day.. if not, I am happy taking your pips.
  • #17
  • Last Post: Feb 8, 2017 3:51am Feb 8, 2017 3:51am
Quoting PharLap
{quote} Jesus the guy is only asking for the broker you use, not your secret winning strategy. How the hell will that affect you? A pox on your house!
Thanks for explaining it further PharLap


About this though...
Quoting Drolph
{quote} Don't hate the player, hate the game. It is not my fault, if you underestimate the strong correlation between specific trading approach and broker. Maybe you will one day.. if not, I am happy taking your pips.
Drolph, really? You da player on this movie? No one is asking da player to divulge his trading strategy and/or how a broker influences this...(distraction attempt????) The topic clearly was about trustworthiness of CySec brokers which you seem to have in the highest of regards:

Quoting Drolph
There are tons of CySec brokers out there fullfilling your needs
So clearly, people in the forum are interested in those tons of CySec brokers you are referring to.
0 traders viewing now