Hello everyone! Been looking into FX brokers and i am getting mixed reviews on all of them. Does anyone have any suggestions on brokers and trading software for FX. Thanks all
I recommend FXCM or OANDA. They are Big and Reputable. I think reviews made against these two brokers are Some newbie suckers who lost money due to their own act. Check their website for what they offer.
Good luck
I’ve been with FXsolutions for about two years (demo, & live for a few months). I’m really satisfied with them and their platform which is really organized.
However, there will prob. always be some for and against one or the other. If you are currently on a demo acc, you’ve got fairly loose ties to just play the field for a bit, try this and that and find out which one works for you.
Good luck!
Thanks for the answers guys. I am going to look into all of them.
mixed reviews are the norm since every broker you will encounter will have a share of the good and the bad.
it all boils down to your preference and needs.
I use UpFx, they aren’t as huge as Oanda or Alpuri but I’ve never had an issue:)
Hi my experience with UFX Markets
Hi my experience with UFX Markets has been good initially but they are like money suckers . U can’t take back profits when u want to . They will push u to the limits and play with yr emotions … beware.
Thanks for the heads up does not sound to appealing.
What is Ufx market? Not UPFX the broker, they are awesome. What is UFX?
Hi,
I really think that this is the best advice you can get, FringFX is absolutely right.
Read reviews to get some knowledge, but keep in mind that both good reviews and bad reviews can be exaggerated or fake. For example, someone who didn’t receive a $2 bonus will claim a broker is a scam, and someone who has traded at a broker for 3 days will claim they are the best in the business. Compare brokers, read reviews, ask people, try demos, go live… A broker that is great for one person might not suit your own needs.
You can also hedge your bets by going with regulated brokers and you can compare live spreads at some websites. Do what you can to narrow the list and try some brokers out
Great advice, thanks much.