if a broker accept bitoin deposit but not withdraw, is it normal?
You may give EagleFX a try. They do same day withdrawal. They offer 1:500 leverage on currencies and 1:100 on cryptos, Trade on their demo account to start with, then if it meets your need, go live with them. I am wishing you all the luck.
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I recommend FP Markets, an Australian broker regulated by ASIC. It’s been two months trading with them, and they offer some of the lowest commission cost with good trading conditions compared to other similar brokers.
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Are you new to Babypips or to Forex trading?
If you are new to forex trading, then I will suggest that you deal with brokers that have a reputation in the market for their low spreads, exceptional trading conditions and fast withdrawals. Also, to keep in mind, the broker should be able to provide you Demo account so that you can try out its execution with virtual money before actually investing with them.
I have been trading with Coinexx and personally very happy with the broker. The best thing I like about them is their super tight spreads and they have been in the market for some time now.
You can also go through CFTC forum on babypips where there is a list of trusted offshore brokers, Turnkey Forex being the most popular among them. I am yet to try it though.
I would suggest to test Hotforex. It is a FCA regulated broker with over 10 years in forex business. They are reliable. The commission and spreads are low as well, when compared to other ECN brokers.
Definitely try Turnkey Forex if you are considering it. Genuine broker, with no frills. Tight spreads, fast execution, low deposit requirement, and super fast withdrawals; that’s what they offer.
I have accounts with IC Markets, EagleFX and CedarFX(newish account).
IC Markets for EA trading and EagleFX for my own trading as can do crypto there and withdrawals are quick.
Try off-shore brokers. There are a lot of reliable and regulated brokers that you can opt from. How about you Google some and try your hands at 4-5 before coming to a conclusion.
Tell me something more about your requirements so that we can suggest to you some good brokers.
You can try IC markets, Coinexx and Oanda, I have been on board with all three of them and they are really convenient to be used, Excellent trading conditions, global client base and amazing offers coming here and there. Recently with Coinexx, I got my 10% net deposits back in my account as withdraw able balance as the Easter offer. And it’s not just Coinexx, all three of these brokers have client friendly conditions to enhance trading experience
There are so many brokers that are coming to my mind. But without knowing what kind of a trader you are and what your preferences are, I don’t think it would be possible to suggest a good broker. I think you should create your demo account with some good ones to see what they are offering and whether it is what you are looking for.
Choosing a broker is the most pivotal decision that any trader has to take, but pretty much ever one will have a different strategy and expectations from their broker in terms of Commission, account types, restriction over strategies used and to top it prevailing trading conditions. So before registering with any of them, first look them up and make your choice. Some of my trustworthy brokers are XM, CMC Markets, Coinexx and Oanda. If anyone of these works for you, you can give that a shot.
I swicthed over to Turnkey forex from XM mainly because opening an account with XM was a hassle. They asked me to submit documents for verification and that took so long to get approved before I could actually start trading. I highly recommend turnkey forex as it is a reliable broker and it also accepts clients from Nigeria. The withdrawals are processed in less than 24 hours which is great.
A good broker is the one which provides for hazzle free registration, easy deposits & withdrawals, along with impeccable trading conditions like rapid execution, low commissions & tight spreads. There are some brokers that I have been onboard with and they have worked pretty well for me; Pepper stone, Oanda, Coinexx and CMC Markets. You can look them up and surely they are worth a shot.The definition of the best broker varies as per the trading style; And every trader trades differently. Please compare brokers online before registering.
Since you’re a new trader, you should start with demo trading and understand types of analysis. Then, you can move to real trading. A lot of brokers offer services in Nigeria.
There are many brokers. However, you should know your trading needs first. Since you’re new, please allot time to understand the trading platforms and jargons.
i would recommend my current broker aximtrade, they have pretty good spread especially on gold
I mostly recommend trading with FP Markets. An ASIC broker with tighter spreads and lower commission costs.
Their trading conditions are robust compared to other similar ecn brokers with reliable customer services.
Choosing a broker also depends on your trading experience, and since I’m not sure if you’re a newbie or a trader with some experience, I will suggest a few good brokers that are suitable for both types of traders.
I recommend CMC Markets, Etoro, Avatrade, and FP Markets. They provide good spreads with regulations from ASIC and CYSEC. Some brokers, like FP Markets, also provide a low minimum opening balance of $100 AUD.