Reddit forex brokers. com, a trading forum run by professional traders.
Reddit forex brokers If you are looking for a forex broker have a look Although, every forex broker claims itself to be the best but nothing ever becomes real till it is experienced. by number of daily average revenue trades. co a broker review and comparison website. These brokers offer a range of features such as competitive spreads, reliable execution, user-friendly platforms, and a variety of trading instruments. Trust: Founded in 1992, Saxo operates multiple regulated banks and is licensed in seven Tier-1 jurisdictions, Welcome to FXGears. I have tried many regulated brokers like XTB, XM etc because I had a strong opinion to use only and only regulated brokers. Brokers with offices physically in Canada and who are registered and licensed by Canadian regulatory authorities (IIROC. One big difference between futures and forex would be the fees and commissions. Rather sometimes constructively help their brokers to make more profits for a higher commission. Forex trading in Canada . Terms & Policies. Forex Brokers USA Reddit - Full List 2022 Oanda. Finally, please avoid any Malaysian company that says they are a forex broker or offer forex services. View community ranking In the Top 5% of largest communities on Reddit. IC Markets is one of the most popular Forex brokers, known for its transparency, reliability, and competitive trading conditions. My journey began with demo accounts and I tested many brokers and I was surprised to see a huge difference in the trading conditions and offers. Based on my own experience, the best brokers for beginners are Coinexx and Pepperstone. This means that the brokers themselves are the market makers, and so have the ability to influence the spread, and it’s one of the ways they make money. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Forex Gold Silver eToroUSA. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! However I'm still slightly unsure in which broker to use. I use FP Markets because their spreads are also stable even during volatile conditions, and there is no No-Dealing Desk. 9K subscribers in the ForexForALL community. My mistake. Canadians have two main directions they can go when selecting a broker, and both come with trade-offs; "Onshore" Brokers. A place for all to talk about Forex. When it comes to forex brokers, there are several reputable options available in the market. Get the Reddit app Scan this QR code to download the app now. Serving as a central Welcome to FXGears. Most Forex brokers do not charge commissions, instead they profit on the spread. Make sure you choose a well regulated broker from a country with strong consumer protection laws. Trading Point Holdings Ltd is the holding company of Trading Point of Financial Instruments Limited, XM Global Limited, Trading Point of Financial Instruments UK Limited, Trading Point of Financial Instruments Pty Ltd and Trading I mainly trady forex pairs as well as gold and some indices. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. 24/5 is still pretty good to me though. ADMIN MOD Forex broker available in Ph w/ low Top 5 Reddit Forex Trading Subreddits You Need to FollowReddit has become a hub for various communities, and the forex trading community is no exception. The company has also received high ratings on customer service and transparency, and is known for its competitive spreads and fast execution speeds. Brokers have been great overall, wether they are regulated or not. sway markets, regulated in Australia, highly recommend trading under a regulated broker, that way money is safe! Good for currency pairs Welcome to FXGears. It's crucial to tread carefully, as some brokers might close accounts engaging in such activities, considering it Taking a Closer Look at the Trusted Forex Broker As a trader, choosing the right broker is crucial to your success. ) Welcome to FXGears. In this review, we will take a closer look at IC Markets and examine whether it lives up to the reputation it has built. Please if you guys can tell me who are the top brokers that'd be great. Saxo has recently lowered the minimum deposit requirement for its entry-level Classic account to $0, making it easier for a wider range of traders to access its excellent forex trading platforms, phenomenal research, and Welcome to FXGears. I also plan Welcome to FXGears. Saxo has recently lowered the minimum deposit requirement for its entry-level Classic account to $0, making it easier for a wider range of traders to access its excellent forex trading platforms, phenomenal research, and 70,000+ tradeable instruments. I'm currently using Oanda for my demo, however I live in the UK and know that Oanda is a US based broker. Or check it out in the app stores TOPICS. Articles, links, etc are all welcome. Most will also offer a training program to teach the basics of using the tools. Before any forex broker in Canada can accept forex and CFD traders as clients, they must become authorised by Canada's regulatory body: the Canadian Investment Regulatory Organization (CIRO). A place to discuss forex strategy, ideas, analysis, and concepts. No crypto!! Welcome to Ourinterest. I have an account with Oanda and the broker is good but I always like to diversify my funds between different brokers. Also, check out brokers like EagleFX and LQDFX – they've earned their stripes too! It's always good to hear different perspectives, so dive in and explore what suits your trading style best. . Forex Brokers that accept US clients. Reputable Brokers in the UK . I Welcome to FXGears. Most offer demo account trials so there's no harm. org Reddit Forex_trades community. XM Group was founded in 2009 and provides online trading via the MetaTrader Suite (both MT4 & MT5). With thousands of users actively discussing and sharing their Welcome to FXGears. Oanda is a leading forex and CFD broker, founded in 1996. That makes it hard to find genuine recommendations. I call my brokerage and they said to talk with a trading view. As published in article 1 regarding TA, you must have remembered i said that TA works quite good in FX due to its liquidity, Now in recent times this as influenced a plethora of new beginners who are starting to enter Forex markets, everything would have been fine but in Welcome to FXGears. If you need forex broker for forex trading, there are at least 10 good brokers. The forex market in the US is tightly regulated, offering a layer of safety but also limiting your options. Pepperstone stands out for its exceptional MetaTrader 4 (MT4) platform, offering fast execution speeds (77ms), competitive spreads, and a variety of trading platforms including MT4, MT5, cTrader Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms The margin requirements vary tremendously between brokers, from something like 500ish to 15000ish for the SAME futures contract, depending on broker. We have a control called " Buy Sell Volume" and it will paint how many of the trades were at Bid and Ask which helps paint a picture of the pressure in either direction. It operates the largest electronic trading platform in the U. However, enforcement varies. These offer solid trading conditions and quicker withdrawals. It is not a self standing bet. This will help you safeguard against frauds. Created Hey there are quite a few good brokers out there and definitely some that are a waste of time. 4 + $8 I've looked on here before but a lot of accounts with 1 post and 1 comment karma are recommending the same broker. All opinions welcome and valid without moderation. Unregulated brokers have been good. Valheim View community ranking In the Top 1% of largest communities on Reddit. Might take a second to get an account I remember it took a while for me at first, and now you can only upload and withdraw via bitcoin but it’s legit you’ll get your money when you withdraw and spreads aren’t crazy and Idk if this happens with other brokers but everyday at 2 it jumps for an hour, from like 24 to 160 then it goes back, so close your trades before two of your over Trading forex (currencies) in international markets is popular among residents in Canada. Ourinterest. Just do your read up before you pick one (also I know some of them do one time signup bonuses so don’t miss those) Compatible with Any Forex Broker: The software can be used with any forex broker that supports the MetaTrader 4 or MetaTrader 5 platform. Internet Culture (Viral) Amazing; Animals & Pets Sway Markets Regulated Forex Broker . US residents fall into an interesting regulatory mix, and subsequently, they are highly encouraged to stick with US regulated brokers. Reddit's largest economics community. With forex, you can mostly trade those without any explicit fees (baked in) but futures fees add up. I have found two brokers: instaforex and axi so if you have any insight on these brokerages plz share. It is a real forex trading platform, They also process withdrawals in time ( in my experience max 2 days)however they have a serious slippage problem with pending orders where they will open your pending orders far from where you Welcome to FXGears. In 2021, Exness was named the Best Forex Broker Middle East by Global Banking and Finance Review, and the Best Forex Broker in Europe and Asia by International Business Magazine. A community to discuss your latest forex trades, tips, rumors, and advice. Looking for the best forex broker in the USA is akin to searching for the right fitness coach. Reddit iOS Reddit Android Rereddit Best Communities Communities About Reddit Blog Careers Press. Leverage plays an important role as it helps the trader to open and hold large positions which is difficult with the trader's own funds. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. Beginner friendly is a sign that a broker is rubbish. In recent years, eToro has supercharged its educational content. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If you have quite a few features/criteria that you are after, I would suggest going to a forex broker directory site and putting in all the features you want and doing a search Welcome to FXGears. Please help me Thank you Unlike Market Maker brokers, these brokers dont cash in on profits from your losses. There are a few instances where I would not return to brokers, all involving bonuses. There are numerous regulated forex brokers providing great product offerings. Avatrade and Coinexx are worth trying as I am having a great experience Welcome to FXGears. Some well-known forex brokers include Oanda, IG, Fyntura, Exness, and Interactive Brokers. Since Oanda was not offering me crypto trading and high leverage I also opened an account with an offshore broker, Coinexx, so that I can enjoy the benefits that regulated brokers lack with. Many Reddit users recommend brokers like OANDA, IG, and TD Ameritrade for forex trading due to their strong regulatory compliance, competitive spreads, and user-friendly platforms. The Forex market is decentralized, meaning there’s no central exchange to execute these trades in. Forex is decentralized. It is often best known for its trader workstation, API's, and low margins. Long term profitability is not a thing in the forex market, or banks would be doing it. Impact has no fractional trades and they offer free comission and while you think that is good it means poorer trade executions and worse spreads. com, a trading forum run by professional traders. I can connect my account with trading view platform and can do trading for stocks, but it does not allow me to do forex trading. XM is the best forex broker for trading. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Many brokers provide the best trading conditions with the minimal deposit amounts. org hosts and mods the community and is a prop firm and educational resource. Do you automatically consider brokers offering high leverage (e. Having read all about bucket shops and scam artists in the FX dealing world has me a little worried. Its a market filled with misplaced optimism and misinformation. As many know, few Forex brokers are currently allowed to offer their services to clients in the United States. Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. 3. The broker that consistently received positive feedback from Redditors is Oanda. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. Premium Powerups Explore Gaming. I only traded Forex for a couple weeks but for me it seems like flying an F35 with no instrumentation. United States Brokers and Regulatory Info. There is no best. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! $200 starting minimum can get you started at Pepperstone, an FCA regulated broker out of the UK with FAR better execution quality (speed/slippage,) WAY tighter spreads, and Here's a straightforward look at the top 10 forex brokers worldwide, based on global forex regulation, spreads, and the best forex trading platforms. Any suggestions for good brokers to trade Forex in Canada? Best forex broker on Reddit. Instruments. S. FXCM. Bonus brokers are trash and need staying away from, what the offer you is taken back in high spread and sometimes not paid out, even if you meet the conditions. g. com there was no detail on if the transaction was at the bid or ask. All four option are very worth to use. Founded in June 2023, the CIRO consolidates and carries on the be careful, as there are also brokers that are under watchlist of SEC example is XM and etoro which is in watch list of SEC The SEC warned that those who act as salesmen, brokers, dealers or agents, representatives, promoters, recruiters, influencers, endorsers, and enablers of XM and eToro could face a maximum fine of P5 million or 21-year imprisonment, or both, under the Welcome to FXGears. I am in the early phase of my trading - demo account only trying out my trading plans which I picked up from BabyPips. It's important to note that trading with unregulated Forex brokers carries significant risks, including potential fraud, lack of investor protection, and non-compliance When it comes to Forex brokers, HankoTrade has a positive rep among many traders. No crypto!! Forex long-term goes to 0%. 0 coins. People appreciate its reliability. 0 pips, a basic commission structure of Better to go with a regulated broker for smooth and safe trading. While it might not be explicitly mentioned in broker terms, brokers generally discourage practices that exploit latency advantages. After reviewing several subreddits on forex trading, we have identified the best forex broker on Reddit based on user reviews and ratings. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You don't have a ton of choices for MT4 Brokers in the USA since ILQ, FXDD, Alpari, FX Solutions all left FXCM - 2. Another striking similarity between them is their incredible customer support that is dedicated to resolving the clients' issues. >>>>Trade Forex with the help of automated systems - See my review of the TradeJuice and Forex Trendy programs<<<< Where is Capital. For scalping, the best choice of broker is an ECN because they have lower spreads, so brokers like Global Prime and FP Markets are good choices. At least in NT 8 connected to forex. So these 3 brokers provide best leverage rates. Hi all, just wondering what forex brokers the other FX traders in Malaysia use? I want to try some out, maybe they're better than the ones I'm The best Forex brokers will offer you a minimum of the following essential tools, which are instant execution of your Forex trade at the price displayed, technical analysis charts and financial trading charts. com located? Capital. So each broker assuming they aren't making the market themselves will be getting their prices from different liquidity providers than other brokers. What attracts Gen Z and newbies into forex. "Onshore" Brokers We would like to show you a description here but the site won’t allow us. Beginners will find videos, articles, weekly webinars within the eToro Academy all organized by experience level. I personally like BlackBull for a great UI and Exness because it’s nice to do social trade some times. Online Forex brokers do not make There are 2 brokers that I strongly recommend, 1) Turnkey Forex and 2) IC Markets. Currently, I'm with AssetsFX, and my experience has been 5 years. But, not every broker is the same. The broker is regulated by several Welcome to FXGears. Get the Reddit app Scan this QR code to download the app now For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. There are too many scams these days that use forex and unsustainable profits as a hook. Both the brokers offer leverage as high as 1:500 x & provide more than 80 trading instruments. You want one that understands your goals, has the right expertise, and can guide you to success without breaking the bank. Can take a look at these - fxview, icm, avatrade and xtb. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Talking about Hankotrade, they are likable and well-presented forex brokers delivering low spreads on their platform, and the commission is also less on ECN plus accounts. Welcome to FXGears. One should consider all the factors like low commission, tight spreads, instant execution in addition to several lucrative offers. Brokers always win, even when it comes to fooling you. Choosing the right forex broker is crucial for a successful trading journey. View community ranking In the Top 1% of largest communities on Reddit. There are many trustworthy offshore brokers providing best services with least cost. Members Online • 13O130. I would really appreciate the replies since iam trying to find a good broker to start my forex journey. Forex Broker Costs. It all depends on how much your deposit is, what leverage you want to use, etc. eToro is well-known for being a pioneer in the copy trading space, but it’s also a great choice for beginner forex traders. Brokers for Canadians. They tend to be very close in price but there can be deviation especially in high volatility periods. com (extremely useful Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Working with a regulated broker is highly significant in your choice of a broker as it touches all aspects of your interactions with the company, from account opening, funding Welcome to FXGears. That said, US residents have a few options to consider when selecting a broker. A hedge is by design to limit risk, or a multiplier of risk. Always check for the latest reviews and consider demo accounts to find the best fit for your trading needs. If you are looking for a forex broker have a look at Comparebrokers. Besides that, recommend you create a demo account using any one of the brokers before depositing any money. ( I used to be a binary trader but didnt have much success). 6 EUR/USD ATC Brokers (FXCM White Label) - . Talking about FXTM the maximum leverage here is 200x. I've looked on here before but a lot of accounts with 1 post and 1 comment karma are recommending the same broker. ----- We are open to others advertising here once a polite request is done via a reach out to the mods and we are agreed on It's really strenuous to figure out a trustworthy broker and being dubious about scams is a very common thing when it comes to risking a lot of money. r/TradingForexBrokers: Investing in uncertain times can be risky but lead to great opportunities. 1:500 - 1:1000-1:3000) scammers or more likely to scam you or not? Or forex brokers are more solvency than crypto institutions because have major banks suport? Reply more replies. The best forex broker is likely to be one of those, but looking further in the Top 10 Forex Brokers in the World is suggested to have a more complete comparison between each forex broker. In my 4 years, I've used different brokers, and my insights on their pros and cons are detailed in a recent post here . No Minimum Deposit: Galileo FX does not require a minimum deposit to start trading, making it accessible I have an Interactive brokerage account. Forex Gold Silver Petroleum >>>SEE THE FULL eTORO REVIEW. What ever broker you choose you need to use forex rebate provider to get 50% discount on all your trades. Coinexx identifies itself with low spreads as low as 0. High leverage brokers. com was founded in 2016, its aim was to drive artificial intelligence trading in the market as a young and attractive brand which we will explain later during our review. Hot forex provides 1000:1 leverage whereas Coinexx provides a maximum leverage of upto 500X. You do Forex to hedge against currency risk of your regular investments. Any suggestions for good brokers to trade Forex in Canada? Advertisement Coins. I thought crypto and forex markets ran at the same time. vmyy dttha vhlcut nwrzpd goqj aflsoax medspq jcredsl bzyqxy hjkapu