Hey guys, im new to forex and wanted to try out on some demo acc b4 going on to a live acc. Can any1 suggest to me some of the great forex brokers that i can access to and some of the considerations of choosing a broker??? BTW im from SG
Anyway can i know y ppl say that some forex firms like oanda and IG are scam?? Please advise.
APPRECIATE MUCH. THX
Dont know about onada but IG is a total rip off. For instance AUDNZD spreads are 10 pips at least on IG on the ECN brokers its about 2 pips. I would suggest, if you have the cash to go with an ECN broker. You pay commission but there are a lot of reason they are better.
Try “Singapore forex broker” on Google and I think you can have some choices. Oanda is one good broker I know and it’s pretty much popular in Singapore. I think you can try it.