I think GoMarkets is better, same high leverage but with a better reputation. Although personally I don’t think anybody should be using 500:1 leverage, forget beginner traders.
GoMarkets is regulated by Cysec right? So are Octafx and Fxview, so how is one more credible than the other? I want to know as I am on the brink of finalising a broker after demo trading for 5 months.
GoMarkets is regulated by Cysec right? So are Octafx and Fxview, so how is one more credible than the other? I want to know as I am on the brink of finalising a broker after demo trading for 5 months.
GoMarkets is with Cysec and ASIC whereas Fxview is with Cysec. On the other hand, Octafx operates out of St. Vincent and the Grenadines, therefore it remains unregulated, i don't like to say anything about them.
If we compare the commissions, GoMarkets charges $3.00 per side, Fxview has $1/100k per side.
Cost is better with fxview. Better open small accounts with both brokers and check out the conditions.
