Can anyone recommend a good broker for Australia / NZ?
I’ve had demo accounts with AxiTrader and Pepperstone but just did some research and they both have negative feedback about stop-hunting and reluctancy to hand over funds etc.
I know for a fact that CMC markets is a scam - there’s a lot of discrepancies in their charts (even on demo). For example, EURUSD might have a gap or engulfing bar but USDEUR won’t!
What’s FXCM, Oanda etc like?
In my opinion you can check these few brokers like hotforex, oanda, exness, fxcm, octafx, lmfx etc while considering a reputed broker.
Hi davenz,
What’s your current forex broker using? I am looking for borker in New Zealand now.
Any feedback about FP Markets?
They seem to be around for a while (15+ years) and have pretty good reviews overall.
I am mainly a scalper and looking for a broker with tight spreads, saw them appear consistently on top for spreads in myfxbook.
Their commission also seems to be lower than the competition- They charge 6$ per round lot, compared to 7$ charged by most others
This is good, compared to other brokers who are on top, a broker that in one among them and showing good progress looks compelling, and thanks for the statistics as well, their spread is lower than other brokers from what i have seen.