Forex Brokers - Members Experiences

Hello everyone,

This is a fairly large forum so between all the Forex traders here, we've probably traded with most of the popular brokers out there. Let's share our experiences to help each other and everyone else reading this thread find a good, quality broker and avoid the shams some FX brokers are running.

I'll go first..

I've had good experiences with FXopen & Liteforex, FXopen has especially great customer service. Never had any tech or ****ution problems that I know of.

I've never had any problems with a broker because I always did a ton of research before trading with one.

How about you?

I'vI have a live account with Forex-Metal for over 12 months and had no problems. No requotes, platform freezing and similar bs.Their service is also good in respect of answering any queries I've had.

I've been with WSD Global Markets Ltd for a while now and I couldn't fault them. They offer segregated accounts (which if you have been around, that's probably what you look for in a broker), they don't charge commisions on market orders or commissions on limit or stop orders, there is zero slippage, they offer ****** trading, No dealing desk intervention- automated. Also another important thing is that this broker has been around.

Quote:

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Originally Posted by jrob195

I've been with WSD Global Markets Ltd for a while now and I couldn't fault them. They offer segregated accounts (which if you have been around, that's probably what you look for in a broker), they don't charge commisions on market orders or commissions on limit or stop orders, there is zero slippage, they offer ****** trading, No dealing desk intervention- automated. Also another important thing is that this broker has been around.

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What country is this broker regulated in ??

One of my friends traded with Etoro and didn’t have good experience. The main problem is with 3mbps internet connection, their platform will stop working only when I'm having earnings, all positions disappeared from the screen as well as it has a terrible customer service.

That's true you have to have a quick connection to use etoro effectively.

I am working with Finexo.com and i feel they are really simple and honest one. I really appreciate my forex broker.

ForexExpert

WSD is regulated in New Zealand.

Reealjrd

I have herard some bad stories with that broker from other posters.

cozy

I feel the same way with my broker WSD Global Markets Ltd. That is really desirable in a broker. People should feel content.

Quote:

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Originally Posted by jrob195

cozy

I feel the same way with my broker WSD Global Markets Ltd. That is really desirable in a broker. People should feel content.

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Thats great my friend..... Its important to be happy and satisfied in order to trade well.

Cheers

Any body here who has experience with FX-Open? (I have read the thread "discuss experience with FX-Open", but is not really about Fx-Open as a broker, but more a market discussion with indicator signalling tips and such).

I am looking for a broker that works good with FAPTurbo, so it must use metatrader 4 as a trading platform has low spreads and fast ****ution of orders.

I was about to open an account with Alpari, but messages popping up in the FAPTurbo forum they start to have troubles with the server loads when FAPTurbo opens or closes orders at the same time on thousands of computers.

FX-Open seems to have low spreads, and on demo it works well (but Alpari also works well on demo) so if anybody here can confirm FX-Open is OK, I might decide to open an account with them.

Thanks,

Lots

I see how, how long have you been trading with them jrob195 ??

i dont think much as i have seen this member in other forums as well.

Regards

Sorry I missed your question Lots, FXopen does accept most EAs so I think fapturbo would be fine to use with them!

I dropped FX-open as an option, yesterday the server was disconnected most of the time, restarted MT4 several times, but no help... If they even cant keep the demo working properly, why bother a live account with them.

I also looked into MB trading, they have a MT4 demo right now, and say they will go live in a moth or so.. The charts move very quickly, and dont look even close like the charts of, for example, Alpari.. This must have something to with the fact this is an ECN broker. Because of the wild behaviour of the charts, I suspect FAPTurbo is unable to determine good signals, and therefore doesnt trade. It is a bit disapointing because the spreads are really good, and the commissions not too bad (55 cents per standard lot).

Alpari had 3 trades yesterday, and Activtrades had 5 or something, all winners.

Lots

Jrob do you have some type of connection or affiliation with WSD ??

Anyone else have an experience to share here??

Anyone else have an opinion on this??

My brother trades with LiteForex and he recommended it to me.Now I have a demo-account there.

Sign up for the Forex Tr****[/URL] today to start earning your fortune in [B]Forex![/B[/URL]]

I like FXCM

They can work with MT4 platform and you can have your own VPS.
Combine this with good trading conditions and low spreads and you have a winner.

Of course if you want to "auto-trade" then you go with Zulutrade"

Anyone else have an opinion on this??

Would anyone else like to share their experiences??

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What's your latest REAL results with Zulutrade?









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I think finding the right FX broker is one of the most important steps to finding success in FX!

Choosing a broker is a tough job and need to research its legitimacy here, and in doing so one must get educated to understand Forex more and its complexities. There are lots of good resources out there to help. One of the best I have come across is makemoneycurrencytrading dot co dot uk as they run free webinars and training. And they run live portfolio so you can actually see if their strategies are making profit live. They also send out a daily report each day with the trades.

Choosing a broker can be really tough, there's some great broker & trading system reviews here, you may want to check it out :)

Is it true than FXopen has been banned??

All I can say is that choosing a broker is a tough job and need to research its legitimacy here, and in doing so one must get educated to understand Forex more and its complexities. There are lots of good resources out there to help. One of the best I have come across is makemoneycurrencytrading dot co dot uk as they run free webinars and training.

This is a great thread with a wealth of information on all the FX brokers out there :)

Anyone else have an opinion on this??

Anyone else have an opinion?!

Agree... I mean choosing a broker IS hard. For me just find one that's suitable with your trading style and have lots of positive feedbacks and great customer service









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Has anyone traded Forex with FBS??

Would anyone else like to give their opinion on this?!

Not here. I haven't seen any payment proof from them so far. https://imagicon.info/cat/3-9/smile4.png