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Everything posted by Bambang Sugiarto
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There are academic studies that show the possibility of brokers engaging in technical manipulation such as delaying orders, activating stop losses too early, or even “removing” profits from trader reports. Such practices could be one reason traders suspect that “the market is unfair” when trading with certain brokers.
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We choose the right broker so that our trading business runs smoothly and grows. To do this, we must be smart in choosing a broker that is safe, convenient, and suitable for us.
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Anybody can recommend a broker for News trading??
Bambang Sugiarto replied to venturefx's topic in Forex Brokers
I recommend Headway for its low spreads and fast execution. I have been using it for over two years and feel comfortable with it. Please try it out and take advantage of the Pro account offer with spreads starting at 0. -
In the world of forex trading, many traders are attracted to foreign brokers because they often offer tighter spreads and lower commission fees than local brokers. However, lower transaction costs do not necessarily guarantee better execution quality. Factors such as server location, connection speed, the regulations overseeing the broker, and customer fund protection also play a significant role in determining the overall trading experience. Discuss the differences between foreign and domestic brokers in terms of technical aspects — such as execution speed, slippage, and requotes. Translated with DeepL.com (free version)
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What are the signs that a broker's trading platform is unreliable (e.g., frequent freezes, disconnections, or delays)? The reliability of a trading platform is a crucial factor for the convenience and security of transactions. This discussion covers various signs of an unreliable broker platform, such as frequent freezes, disconnections, execution delays, price discrepancies, and their impact on traders' results and confidence.
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One more thing to consider for security when choosing a broker: it will be easier if we get to know the “people” at the broker through social media or other media that serve as intermediaries between us and the broker, in addition to formal communication via customer service. This is very helpful in terms of emotional approach because we can provide a detailed chronology so that our alibi is irrefutable. So far, I believe in one broker where the people behind it are willing to appear on social media and we can interact with them.
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Yes, I agree. In addition, we are looking for a broker that provides an account with real money for us to trade with. Besides learning about the market and the technical aspects of the broker, we can earn real money that we can withdraw later. I initially thought like you, using a demo account, but I found a broker that gave me capital to learn and earn real money at the same time, so I didn't waste my time.
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Yes, some people are like that. I think it's all because they feel frustrated at having made the wrong market decisions, but I hear about this a lot in forums or groups that discuss this issue. I feel sorry for them and would immediately avoid such brokers.
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So, there really are cases like that, and with various methods? I have been using Headway Broker and I feel comfortable because that has not happened. I am saddened to hear about your bitter experience.
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Allegations that brokers deliberately shift prices to trigger clients' stop losses. Have you ever experienced this? If so, please name the broker. Thank You
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Latency, slippage, and server speed — is Broker X really superior to Broker Y in these aspects? How do server location, order routing technology, or even the type of account used affect this? If every millisecond can affect the execution result, isn't it important to know which broker is more responsive? Name a broker that you consider to be good.