Which Forex Broker ?

Santiago.Dia said:
I'm a beginner in forex and will be live trading soon. I'm currently looking for a suitable broker that is reliable to trade with proper regulation and good customer service. Anyone here can recommend a suitable broker?
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There are so many brokers out there with good regulation and customer service, but for beginners like you, best to go with a broker offering a lower commission like fxview, hycm, and tickmill.
 
fargone said:
There are so many brokers out there with good regulation and customer service, but for beginners like you, best to go with a broker offering a lower commission like fxview, hycm, and tickmill.
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Yes, true. Low commissions are an important consideration but so are tight spreads, easy to use trading platforms, and market research tools.
 
daxydet said:
Yes, true. Low commissions are an important consideration but so are tight spreads, easy to use trading platforms, and market research tools.
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I agree with you. But there are some common features that make a broker better than others, regardless of what specific features you are looking for. For instance, I would have never chosen to trade with turnkeyforex, if it didn’t have a lower commission cost and spread size averaging between 0.1 to 0.3 pips. I would have also not chosen pepperstone if I had to face issues with deposits and withdrawals.
All I am saying is that we can be traders with different personalities but when it comes to choosing a broker, we often look at a few common features that make us choose them.
 
I suggest trading with FP Markets or CMC because of their reputation, and FP Markets has been an older broker since 2005 with ASIC and offshore broker license with St.Vincent.
 
Adler said:
I suggest trading with FP Markets or CMC because of their reputation, and FP Markets has been an older broker since 2005 with ASIC and offshore broker license with St.Vincent.
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Have seen this name a lot, better never really tried them, how are they different from others?
 
Check out the hankotrade broker. Maximum leverage and low commissions is one of their main advantages. Plus there are over 60 currency pairs to trade, surely you’ll find choices.
 
I believe that a broker who has a good reputation and cares about their clients should not have any problems with withdrawing funds.
 
To compare several options of brokers, I realized for myself that trading with the Expertoption broker is not much more profitable and it is very convenient to use a free demo account.
 
Before I chose to trade with FinproTrading, I created a list of the features I wanted in my broker like trading and charting tools, low charges, narrow spreads, fast deposits and withdrawals and ensured that my broker tick marks all of them.
 
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