Guest trader159 Posted June 15, 2018 Report Share Posted June 15, 2018 Do anyone know some good forex broker in India? Quote Link to comment Share on other sites More sharing options...
anika1 Posted July 6, 2018 Report Share Posted July 6, 2018 A good broker is the one who has proper regulation, provides you the excellent trading platform, leverage along with tight spreads among the currency pairs. A good broker always has the excellent market reputation and well-regulated system as well Quote Link to comment Share on other sites More sharing options...
N1pel Posted July 17, 2018 Report Share Posted July 17, 2018 (edited) I'm new to this all, but on this resource I learned a little new information. https://scam-review.site/ Edited July 17, 2018 by N1pel Traderbeauty 1 Quote Link to comment Share on other sites More sharing options...
kaneutaka Posted October 12, 2018 Report Share Posted October 12, 2018 The first thing you should know about the forex broker is reliability. Search it on google and read some reviews about it. Quote Link to comment Share on other sites More sharing options...
Davidfeliciano9 Posted May 12, 2019 Report Share Posted May 12, 2019 6 Crucial Things to Consider When Choosing a Forex Broker 1. Security. The first and foremost characteristic that a good broker must have is a high level of security. 2. Transaction Costs. No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs. 3. Deposit and Withdrawal. 4. Trading Platform. 5. Execution. 6. Customer Service. Quote Link to comment Share on other sites More sharing options...
miki1713007242 Posted June 30, 2019 Report Share Posted June 30, 2019 Choosing a good forex broker is very hard Quote Link to comment Share on other sites More sharing options...
Guest milete Posted August 1, 2019 Report Share Posted August 1, 2019 6 Crucial Things to Consider When Choosing a Forex Broker 1. Security. The first and foremost characteristic that a good broker must have is a high level of security. 2. Transaction Costs. No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs. 3. Deposit and Withdrawal. 4. Trading Platform. 5. Execution. 6. Customer Service. What is the most convenient, safe and cheapest option to move money in and out of a broker? Should I use skrill or bank account if I want to to avoid taxes on profit in my country? Quote Link to comment Share on other sites More sharing options...
Guest milete Posted February 29, 2020 Report Share Posted February 29, 2020 Choose a broker that has been in trading for years and has a good reputation, like i recently started with FP Markets, they have been for more than 10 years and hold a good reputation. Check reviews and forum sites to get a clarification. You made good point about reputation, because many newbies buy into attractive trading conditions and make huge mistake, because advantages of new brokers comes with risks which beginners never fully realise. Even after 5 years of trading experience I prefer to pay higher price for better services which I get with Hotforex, rather than searching attractive offers. Quote Link to comment Share on other sites More sharing options...
Guest milete Posted March 4, 2020 Report Share Posted March 4, 2020 Great, How did you find your broker? By reviews, research, advice or just randomly chose them? I chose Hotforex by friend advice but I still check reviews every week to make sure they are not scam. Quote Link to comment Share on other sites More sharing options...
tropictrader Posted March 12, 2020 Report Share Posted March 12, 2020 The first thing I would look for is where the broker is registered. For a lot of them, the contact info is very hard to find which is a warning sign. If things are going well, I'm sure brokers in Cyprus or Mauritius are fine. But in times of crisis, knowing your broker is covered by FCA in UK or ASIC in Australia is very reassuring. Quote Link to comment Share on other sites More sharing options...
taipan Posted June 3, 2020 Report Share Posted June 3, 2020 The best ECN broker I used is Australian GlobalPrime.com.au. I used it for several years and no problem so far. It has very good rating in forexpeacearmy.com Quote Link to comment Share on other sites More sharing options...
Guest milete Posted June 17, 2020 Report Share Posted June 17, 2020 The best ECN broker I used is Australian GlobalPrime.com.au. I used it for several years and no problem so far. It has very good rating in forexpeacearmy.com  I heard about this broker a lot but honestly Australian brokers are not so good as UK brokers like Tickmill or Hotforex, because UK is more developed country than Australia so they have less incentive to cheat. Quote Link to comment Share on other sites More sharing options...
Guest Siyan jheel Posted July 15, 2020 Report Share Posted July 15, 2020 The first and foremost characteristic that a good broker must have is a high level of security. After all, you’re not going to hand over thousands of dollars to a person who simply claims he’s legit, right? Checking the credibility of a Forex broker isn’t very hard. There are regulatory agencies all over the world that separate the trustworthy from the fraudulent. Quote Link to comment Share on other sites More sharing options...
Guest Petar_Serbia Posted August 10, 2020 Report Share Posted August 10, 2020 Firstly, watch that Broker is fully regulated and then test their commisions and stability.... Quote Link to comment Share on other sites More sharing options...
Maxr Posted August 16, 2020 Report Share Posted August 16, 2020 Any Indian fx traders who need affordable rates for Skrill can contact us https://t.me/skrillexchangeindia Quote Link to comment Share on other sites More sharing options...
selnomeria Posted August 19, 2020 Report Share Posted August 19, 2020 not an easy thing, even FXCM went on downhill, so you should carefully choose. I used OANDA, seems decent one. Quote Link to comment Share on other sites More sharing options...
Guest milete Posted August 21, 2020 Report Share Posted August 21, 2020 Is that so, I did my research and from what reviews i read i see that there is no such thing as UK being or having the best broker, there is no best broker just good broker. Hotforex and Tickmill are good broker same as other good brokers out there, this is a trading exchange knowledge forum not promotion of brokers.  Yes we share experiences here, and I think stories about satisfactory/unsatisfactory experiences from using some brokers can save time and money who just begins the journey and avoid silly mistakes as well. Quote Link to comment Share on other sites More sharing options...
udithag Posted October 19, 2020 Report Share Posted October 19, 2020 Is anyone using Nordfx broker? if so how is it? Once I used it and experienced that server doesnt work for some time(around 10 minutes). it got stucked. Also it wasnt a problem of mine coz my other MT4 platforms worked. Quote Link to comment Share on other sites More sharing options...
Forex Penguin Posted October 19, 2020 Report Share Posted October 19, 2020 Actually choosing Forex Broker is not very straight forward. It depends on what kind of trader you are. For scalper, you need a broker that allows scalping, of course. The trading cost must be low because as a scalper, you will open a lot of transactions. For long term trader or position trader, you need to observe the swap or overnight rate. It is best if you can get a swap-free broker. These are just some simple examples of what you need to know when choosing a forex broker that is catered to your trading need. udithag 1 Quote Link to comment Share on other sites More sharing options...
Fahad MD Posted November 6, 2020 Report Share Posted November 6, 2020 There are many things that we have to check when looking for a broker . according to my trading experience I think from all trading elements spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Quote Link to comment Share on other sites More sharing options...
trader5729 Posted December 16, 2020 Report Share Posted December 16, 2020 IMO if you are depositing any reasonable amount of money with a broker, first and foremost only chose a broker that is situated in a reputable country and is regulated by an appropriate governing body. Second, and this is my opinion, stay away from brokers offering insane deposit offers, crazy leverage and weird ways to deposit money. Those are usually a scam. Not sure where you are but I'd look into IC Markets, Pepperstone, Oanda etc. well known. Quote Link to comment Share on other sites More sharing options...
liner9 Posted December 28, 2020 Report Share Posted December 28, 2020 My 2 cents - Don't choose a broker for its 1:400 Leverage. Choose a broker for its customer care and reputation. I had a good experience with icmarkets.com and with LMAX.com for scalping. Also used alpari.com and OANDA in the past. Try to withdraw before you deposit a larger amount of money and work with a live account to get a real feel of the broker. Demos are not the same. Also - use more than one account in case you run into some connection troubles or other issues during the trading session. Quote Link to comment Share on other sites More sharing options...
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