Reddit forex brokers View community ranking In the Top 1% of largest communities on Reddit. 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 Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. Another striking similarity between them is their incredible customer support that is dedicated to resolving the clients' issues. Unregulated brokers come with more risks, this is a fact. It’s a warning sign if an alleged Forex broker accepts only Crypto deposits because it’s impossible to make a chargeback and get your money back! Very often, you’ll get redirected to a Cryptocurrency exchange where you have to buy Bitcoins and later send them to the scammers. Having read all about bucket shops and scam artists in the FX dealing world has me a little worried. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. The Forex spread is the differences between the buying and selling prices on any of the currency pairs. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Reddit help? I'm kinda new to forex trading and honestly, it's a bit much. Based on my own experience, the best brokers for beginners are Coinexx and Pepperstone. Online Forex brokers do not make commission charges to their customers so the way they make their income is from the difference in the Forex trading spread. 3. Now that I am back live trading (I still practice with the demo even though I'm live) I have scaled down my trading expectations. I've been trading crypto on BYDFi now for two years and they accpet US traders without VPN or KYC thanks to the MSB regulation they have in the US with FinCEN. 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 64 votes, 29 comments. As you may be aware, the ASIC has now implemented the purposed changes to retail forex accounts in Australia. Please if you guys can tell me who are the top brokers that'd be great. That makes it hard to find genuine recommendations. Trying to figure out the best site to use. My mistake. No crypto!! Welcome to FXGears. Do you automatically consider brokers offering high leverage (e. 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. Me personally I like trading forex because studying one or two pairs learning how they move and recognizing the patterns that often repeat themselves is much easier than doing all the diligence required to trade stocks and such. I’ve been messing around with currency trading for a bit and want to get more into it. 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. true. Hello Aussie r/forex readers!. Overall the brokers have user friendly trading conditions, but the drawbacks about IC Markets are high commission and the inability to cater to US clients while Turnkey Forex doesn't provide weekend trading. . They were not closed because of forex trading. I've been trading forex for a bit and know that things like low spreads, decent leverage, and quick execution are key, especially for scalping. S. IBCE does not allow leveraged spot forex but does allow leveraged forex CFDs and futures. 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. Choosing the right forex broker is crucial for a successful trading journey. View community ranking In the Top 5% of largest communities on Reddit. g. It would be great if they have good charting tools and give real-time market updates. What attracts Gen Z and newbies into forex. >>>>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. 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. IBKR certainly allows forex trading. I have an Interactive brokerage account. So far, the IBKR integration is limited to stocks and futures. ) Welcome to FXGears. Look up broker reviews on forex peace army, there are also websites like compareforexbrokers. It is often best known for its trader workstation, API's, and low margins. com (extremely useful Welcome to FXGears. 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. Brokers always win, even when it comes to fooling you. 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. Currently, I'm with AssetsFX, and my experience has been 5 years. It's important to note that trading with unregulated Forex brokers carries significant risks, including potential fraud, lack of investor protection, and non-compliance Welcome to FXGears. Just wondering what all you US forex traders use for a broker? I've raised enough capital with FTMO over the last year to where I'm starting to ask myself if it's Welcome to FXGears. I thought crypto and forex markets ran at the same time. So each broker assuming they aren't making the market themselves will be getting their prices from different liquidity providers than other brokers. I use FP Markets because their spreads are also stable even during volatile conditions, and there is no No-Dealing Desk. 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. com there was no detail on if the transaction was at the bid or ask. 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 accounts got closed because they were depositing money, converting it, and withdrawing it immediately after, effectively using IBKR as a money changer. Articles, links, etc are all welcome. 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. 24/5 is still pretty good to me though. The margin requirements vary tremendously between brokers, from something like 500ish to 15000ish for the SAME futures contract, depending on broker. Forex is decentralized. Welcome to /r/broker a Reddit Community that should help you get better trading results Here you can converse about brokers, news, trading ideas, strategies, trading psychology, and nearly everything in between! ---- The success of a trader is determined by many factors, and undoubtedly brokers play a large part in that! ---- Learn more about the best broker and which I only traded Forex for a couple weeks but for me it seems like flying an F35 with no instrumentation. I've been checking out brokers with metatrader platforms since I like using MT4 or MT5 for their tools and indicators. As exploring the best unregulated forex brokers, I have got some incredible suggestions for you It's vital to weigh the benefits and risks of choosing an offshore broker It operates the largest electronic trading platform in the U. It operates the largest electronic trading platform in the U. com located? Capital. by number of daily average revenue trades. Always check for the latest reviews and consider demo accounts to find the best fit for your trading needs. They tend to be very close in price but there can be deviation especially in high volatility periods. 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. I am in the early phase of my trading - demo account only trying out my trading plans which I picked up from BabyPips. These changes significantly reduce the leverage available to Australian retail traders who trade through ASIC regulated brokers (cutting it down from 500:1 to 30:1 at best for forex major pairs. 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. In my 4 years, I've used different brokers, and my insights on their pros and cons are detailed in a recent post here. Hi Reddit, I need some help finding the best forex trading platform. com if you want serious feedback about brokers from a large Welcome to FXGears. A place to discuss forex strategy, ideas, analysis, and concepts. I try and make 4-8 trades per trading session, with the intention of making anywhere from $20-$60 profit (or hopefully more) per trade at Best forex broker Reddit? Hey everyone, I'm looking for the best forex broker and could use some advice. I call my brokerage and they said to talk with a trading view. 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 Welcome to FXGears. Reputable Brokers in the UK . Forex Broker Costs. I'm looking for the best forex broker for scalping and could use some advice. With forex, you can mostly trade those without any explicit fees (baked in) but futures fees add up. High leverage brokers. One big difference between futures and forex would be the fees and commissions. com, a trading forum run by professional traders. We would like to show you a description here but the site won’t allow us. I’m after a platform that’s easy to use, has solid charting tools, and lots of currency pairs. I trade quite a bit in the forex scene and need a broker that's got fair spreads and solid leverage options. I'm also looking for a variety of currency Welcome to FXGears. Welcome to FXGears. I've heard of a few like MetaTrader 4, eToro and IG Welcome to FXGears. At best you're only gonna get a handful of responses from people's personal experiences which do not reflect the bigger picture. I've looked on here before but a lot of accounts with 1 post and 1 comment karma are recommending the same broker. At least in NT 8 connected to forex. XM is the best forex broker for trading. XM Group was founded in 2009 and provides online trading via the MetaTrader Suite (both MT4 & MT5).
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