Even so, if you use a British forex broker, regulated by the FCA in London, the security of your account will still be guaranteed, up to £50,000, by a UK-government-backed guarantee. Worth thinking about, maybe?
forex trading
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Even so, if you use a British forex broker, regulated by the FCA in London, the security of your account will still be guaranteed, up to £50,000, by a UK-government-backed guarantee. Worth thinking about, maybe?
Right on, Wicked!
could you suggest a broker if not here then PM me pleaseThe clue there may be in the words "I use Pepperstone".
(By most accounts, it's certainly not a terrible "broker" as counterparty market-makers go, and it's regulated, though not as well as some.)
definitely is IB in UK
IB is in both the UK and the US. It's a genuine broker, not a counterparty market-maker. (IB's minimum deposit for trading spot forex varies hugely; in the US it's millions; in the UK it might be 10,000 - I'm not certain, now.)
I've never used Pepperstone, myself; my overall impression of them from comments made by people I trust is fairly good, though.
For myself, I'd probably use Oanda (which I did in the past, for a long time), but I understand that their spreads may not be as good now as when I used them, back in history. I haven't traded spot forex for years, only forex (and other) futures, now ... and I no longer trade my own account anyway.
I'm not suggesting you should switch, if you like Pepperstone.
Now i chose oanda.
I will be serviced by the European direction of the Oanda because I am from russia. Correctly I understand that this is regulated by the FCA in London?
I will be serviced by the European direction of the Oanda because I am from russia. Correctly I understand that this is regulated by the FCA in London?
good brokers for some reason ask deposits in tens of thousands......
they do not let you deposit 5 usd like pepperstone does
but how on earth do we know they are trading against us...and does it really matter to us ......in horse racing they do not let you a bet a horse will lose....these brokers can and do bet that we lose and it makes sense but does that determine the out come of our trade
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Here you can check few more strategies:
Buying low and selling high
Always use a demo trading account
Manage your forex capital wisely
Manage your investment-per-trade wisely
This is a risk taking factor. Sometimes it is not beneficial for a entrepreneur. How will you get profit in forex trading?
Good choice, IMO. Yes, that's right, you'll be FCA protected even if you don't live in the UK.