Which is your best broker?

In this moment i quit trading forex and i want to start binary options?
Is this a good idea?
Pro’s and con’s

I have traded with Hotforex and fxcm (one premium and one micro-account). THrough my experience, they are my best brokers.

I’ve had a good run with MahiFX ( www.MahiFX.com ) so far. I wanted to try a broker that functioned as their own market maker to shave more pips off scalps; which I’ve been able to do with them. They tend to have some decent articles up once in awhile too if you’re big into reading trading advice blogs and such. Some people are, some aren’t.

every person has its own choice. Though I had no idea with the broker that you are chose, but perhaps I would like to know someday. If I am interested with it

Well, if you were talking to me- normally a broker places their trades through a market maker who shoulders the risk. Mahi doesn’t do that. They shoulder the risk themselves so there isn’t an additional entity that needs paid from the pip spread. So for example, on OANDA I would normally get a 1.2 spread on EURUSD. Mahi usually has 0.8 because there isn’t that additional entity between your money and the market. And, of course, any pip saved as a scalper is worth it.

I’m sure there are other brokers that function in the same way; they just happened to be the ones I decided on. It just centers around a more efficient business model is all.

i’m not a scalper and i trade with oanda…and in almost 2 years never had a problem with them!
i suggest also activtrades and lmax

If the broker keeps all the risk to themselves, they are playing against you. Whichever money you win, you take from them. And they won’t like that!

I think it’s most important to find a broker who will execute all the orders in the market, not “shoulder the risk themselves” as you put it.

One best broker should offer good price, spread and fast payment. They should be a regulated broker and try to help their trader trade.

I haven’t asked questions as I am a newbie who doesn’t understand the many used abbreviations and styles of trading. But of course, I read the inquiries here and learn from the good and valuable replies. So, here is my well meant thanks to all asking and answering questions. I am convinced, babypips is super good :slight_smile:

I am using Armada Markets
I am trading with EA-s and it’s important that my trades will executed fast and there are no requotes. Also their trading cost is cheapest I have seen so far.

i am trading with liteforex, they are best broker to trade with, the have recently introduced Seize the moment offer in which liteforex is offering 100% on the deposit…

I think, I’m only sure about the ones I know, that I have traded with but all the same, we deserve a reputable broker that can keep our money in save place without tempering with it or using it for something else because it is very important that traders should be certain about the broker you wish to use.

Best Broker is that who you can really and has a good customer support.

Just want low spread…fast execution…no reqoute…and easy to withdrawal…

All Broker promises those lines but you will need to give it a try until you will be able to say that broker really keep to it’s promise.

You can try Armada Markets. I am very satisfied with their service so far.

We cannot say for sure that one broker is the best, as they are all good in their respective ways. The thing is to find the very style of trading we want and look for a broker that matches it.
But most importantly, we should consider carefully the broker we are about using with some examining factors like;
Withdrawal and Deposit Mechanism… A good broker should allow you to deposit and withdraw money from your account any time you want.
You can read more here: How to Trade Forex: How To Choose A Reliable Forex Broker, for very important things to look at before choosing a broker.

Don’t you love these people who join, make 1 post about a fantastic new broker/ea/sure fire system, then vanish.

There are many brokers that give many nice and fruitful of offers. But I just like Mayzus, fxpro,roboforex and Liteforex as my base platform to make money…

good morning
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