They must be UK-based and FCA-regulated. Check they have -
negative balance protection
segregation of clients' funds
client deposits protection scheme
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Broker recommendations!!
- Thread starter botsmarok
- Start date
They must be UK-based and FCA-regulated. Check they have -
negative balance protection
segregation of clients' funds
client deposits protection scheme
I usually trade major pairs, mostly having USD simply because they are traded in high volumes and come with lower spreads.
They only accept EU/UK clients, since they are cysec regulated. Got my account open with them last week only, looks pretty much decent. Let’s see.Hi, Fxview told me they do not accpet clients who reside out of the EU. Did you open a live account with them? Thanks.
A raw ECN account broker (regulated) should fulfill these conditions in my opinion.They must be UK-based and FCA-regulated. Check they have -
negative balance protection
segregation of clients' funds
client deposits protection scheme
Do they have ECN accounts?They only accept EU/UK clients, since they are cysec regulated. Got my account open with them last week only, looks pretty much decent. Let’s see.
Just a thought. These high liquidity pairs can still put you at the risk of widening spreads in case there’s economic volatility. Keep an eye on the economic calendar. That’s one solution to be safe.I usually trade major pairs, mostly having USD simply because they are traded in high volumes and come with lower spreads.
Yes. Also each broker varies their spreads every minute of each day. Each pair has 2 prices, bid (sell) and ask (buy). The ask is never lower than the bid.Is it true that each forex broker charges a different spread that gets added to the transaction cost?
Watch the quoted bid-ask prices on your preferred target pair minute by minute to see how spread varies. Watch at high risk times like around news announcements or the open or close of trading in London, New York and Japan.
They are offering just this ECN account. You can check here: https://fxview.com/account-typeDo they have ECN accounts?
O cool then, I would prefer an ECN broker for all the very obvious reasons.They are offering just this ECN account. You can check here: https://fxview.com/account-type