Does anyone use a reliable FX broker?

canoe said:
coinexx uses a virtual dealer plugin so you'll suffer from deliberately poor execution. i'm talking execution that is so poor that sometimes during critical moments, coinexx will deliberately delay execution by 4-5 seconds. stops will be executed at prices so far off you could be trading perfectly but one slipped stop could cut into way too much of your PnL

not saying you should avoid them; just know that you'll be doing business with a scam broker that employs shady tactics to make it as hard for you to make money as possible.

you have to adjust your trading style to make it more resistance to the tactics that brokers like these use.

when trading exchange-traded futures, to a certain extent, i can control data feed and order execution latency so trading short-term with high leverage is entirely possible

with coinexx, you'll soon realize the broker makes this impossible to do so it's better to go with long-term trading with very low leverage.
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lack of good execution is normal for times of high volatility but if it happens too often, then it's sufficient reason to change broker. Sometimes I encounter execution problems with Hotforex but generally conditions are good and I keep close eye on it.
 
Minerva25 said:
Did anyone try FXBrew? their services seem reliable and their trading conditions looks great.
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Not really. Its more like a startup broker with very good reviews, but does not have a long track record to be tagged reliable. Maybe if the are still in business after a few years can be considered. Started using Forexchief not quite long and they are a good option.
 
ssp729 said:
Has anyone tried Admiralmarkets?
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I used this broker for 6 months bad after bad experience move to Tickmill and Hotforex, split deposit between those two. The problem I had with Admiral is big slippage during news they handle news orders badly, maybe the server is overloaded.
 
I'm currently trading at Exness. It's great. The spread is low. The execution speed is fast. If you want to know more about Exness, you should check out its detailed review on BRKV Forex.
 
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