Hey guys, good to be one of y'all in this forum and since im a newbie would like to take suggestions on which broker would be safe to use, who has certified ASIC and Forex regulated with maximum leverage and minimum opening balance ?
Extracted Posts 9 replies
DislikedI’ve been using Turnkey forex for quite a time and can comment on this: Good spreads: Yes, can range between 0.2 to 1 pip on major pairs Active Customer service: A big yes Supports crypto currencies as both instruments and funding method: Partly yes, can fund/withdraw via crypto currencies but cannot trade the crypto instruments. High reputation: been using this account for long, I find it very reliable Fast Withdrawal: upto 48 hours ECN or STP: yes Good MT4 platform that works well with indicators and EAs: yes, MT4 platform is the only option and...Ignored
DislikedI made it a point to stop trading Demo after a while. It can never replicate the same emotions/discipline (at least for me) that you would face when trading with real money. When i decided to get serious with my trading, i opened a live account (but with minimal deposit) so i feel the real experience/emotions. It definitely changed the way i see markets. Demo like others have pointed out is useful, but only to a point. Shouldn't get too comfortable with it.Ignored
DislikedHigh or low Leverage, it all depends on if you decided to take a winning or losing trade. Low leverage if you opt to go for a winning trade and you can use high leverage if your aim is to lose some money on trade.Ignored
DislikedI will recommend my current broker FP Markets (ASIC regulated), i chose them after detailed research. They offer some of the best spreads, if you are a day trader the costs can make a huge difference to your profit. {image}Ignored