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Re: FXCL

 

Not really heard of them....be very careful when opening accts w small firms or firms w a lot of small accts. These firms tend to be "bucket shop" that trade against u.

 

Go for those more established one, which u can easily find at popular forex websites.

 

some general guidelines:

1) Try their demo acct first,

2) Then dep small amt like 1-2k first and do live trading w them

3) Try to withdraw money and c if ok.

4) if ok, then open bigger acct.

 

But if brokers are out to cheat, there is pretty much nothing we can do abt it. That's why getting a reliable one is very impt.

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