Broker recommendations!!

[Jenzien]

I recommend trading FP markets. The spreads are lower, starting at 0.0 pips in EURUSD and other major & minor currency pairs. They offer some of the lowest commission and slippage as well.

Regarding regulation, they adhere to strict capital requirements and client capital safety because it is regulated by ASIC and Cysec.

 

[Saltynuts]

So many brokers won't accept U.S. accounts.

 

[kroxobor]

Does anybody here have any good experiences to share in terms of brokers with fast withdrawals. The ones I used took nothing less than a week anytime.
Looking for suggestions

Mine from Hotforex is usually processed within the same day or early morning the day later.

 

[botsmarok]

If you're in the UK do not overlook the financial spreadbetting providers. They are FCA-regulated exactly like any other brokers. The nice thing is that SB profits are completely exempt from UK tax.

Is this applicable only if you are a UK citizen?

 

[botsmarok]

Mine from Hotforex is usually processed within the same day or early morning the day later.

With all kinds of payments?

 

[tomorton]

Is this applicable only if you are a UK citizen?

No, it applies to all clients located in the UK. Since SB profits are not legally classed as income, and they do not arise from assets, there is no mechanism for anyone to be taxed on them.

 

[Williamharvard]

The key Richie is to trade when there is high volatility. And this can only be when the market opens and around some major news events. I believe nothing is as such “fixed” when it comes to costs. And that's why I rate transparency so much higher. For that reason xtb and fxview fare slightly better in my books.

 

[Gleycooym]

Hi, Fxview told me they do not accpet clients who reside out of the EU. Did you open a live account with them? Thanks.

Fxview, I believe, accepts clients who are residents of the European Economic Area. You can consult their customer support team. These guys get back with the solution or answer quite fast and are always responsive. I’m sure they’ll help you well.

 

[botsmarok]

No, it applies to all clients located in the UK. Since SB profits are not legally classed as income, and they do not arise from assets, there is no mechanism for anyone to be taxed on them.

Hmm any brokers you’d recommend?

 

[shelleybrown]

I trade with Amarkets, where the spread is from 0.2 pips. And for each currency it is different.

yeah it’s variable for forex and changes when the bid and ask price of the currency changes. But I believe Indices have fixed spreads.