Does anyone use a reliable FX broker?

trader_phil · Oct 2, 2020

I trade with hotforex, they are solid and well know, worth checking anyway. good luck

kroxobor · Oct 3, 2020

trader_phil said:
I trade with hotforex, they are solid and well know, worth checking anyway. good luck

Nice, how long have you been staying with them?

trader_phil · Oct 9, 2020

if my memory serves me right its almost 8 years maybe, haha on and off, i do keep a day job, but they still get the job done anyway.

tradenet · Oct 9, 2020

Currently obsessing over Fxview for their amazing spreads.

Georg3 · Oct 16, 2020

I'm new to trading and looking for a reliable broker that offers competitive spreads and seamless execution as i'll be trading intra-day mostly.

I have shortlisted FP Markets as they have the tightest spreads and also seems the overall reviews are positive. Can anyone trading with them over a long term share their feedback?

fargone · Oct 20, 2020

I am using fxview as my broker. Found them much reliable since firstly they are strongly regulated and secondly, haven't seen any disruption while trading since i started.

kroxobor · Oct 21, 2020

Georg3 said:
I'm new to trading and looking for a reliable broker that offers competitive spreads and seamless execution as i'll be trading intra-day mostly.

I have shortlisted FP Markets as they have the tightest spreads and also seems the overall reviews are positive. Can anyone trading with them over a long term share their feedback?

Hmmm interesting so you made some in-depth research and shortlisted only one broker? Really? Unbeatable candidate

?

Kodakoto · Nov 24, 2020

I consider my broker to be quite reliable, even if we take into account that there have never been any problems with the withdrawal of funds.

Andras · Nov 28, 2020

icallgod said:
Hotforex is good broker, unfortunately they refused to accept my bank statement for address verification. It was a very frustrating process. I am using Forexchief now, fully verified and trading more than 11 months now. Spreads are a bit better.

That verification thing could be a real pain in the ass. Forexchief did not request for documents till now. Probably because there is has not been any breach of contract or change of details since I started. I hate some brokers that make it seem like a death thing these days. I prefer simple mt4 brokers.

Logan15 · Nov 30, 2020

Based on my personal experience FP Markets has been pretty good, I've been trading with them for close to a year now.

And about the reliability, you don't really have to worry much, as FP Markets adhere to strict capital requirements and is regulated ASIC and CYSEC (EU)