Hey guys can you recommend me some good brokers.
My requirements
Minimum -$150 deposit
Tight spreads.
Regulated broker
No problems in deposits and withdrawals.
Moreover i’ll be moving from India to Ca and US so need a broker which will be better for these countries
When you say “Ca” do you mean you are moving to Canada? Or California?
Either way, I recommend OANDA, because they will let you place the smallest trades, and $150 is only enough for the smallest trades.
If you will have residence in Canada, then open your account with OANDA’s Canadian entity which will let you trade other markets in addition to forex.
If your residence will be in the US, then open your account with OANDA’s US entity which will allow you to trade forex but not other markets.
That was Canada. And thank you so much but i researched on it and on internet they said they have minimum deposit of $2500
You best protect your indian profile. Many traders in the U.S are trying to run away from the US regulated brokers, trading is no fun with them, unless you have a really huge capital. So use your India profile, get a good friend who can help make finance with local bank easy and trade with easier brokers.I use Forexchief and it is perfect.
OANDA’s Canadian website says there is no minimum for standard accounts, and there is a 25K minimum for premium accounts.
You can start from Tickmill or Hotforex but after you move to US and if you start to experience issues you can try to Oanda instead. They all offer pretty good trading conditions.
before choosing a broker its more appropriate to move on FPA which is mainly considered as a best place for ensure the real broker performance.
yes fpa is good i appreciate that , but i think its more appropriate to trade in a demo account before choosing a broker to see the performance how it works.
should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
we the traders should choose the broker with cool mind , because broker can affects the result of our trading with certainly.
there are almost thousands broker in online retail market and most of them are found to be scams. so really choosing a broker is very much complicated.
I feel that you will be better off with CMC Markets or TurnkeyForex. They have low minimum deposits, tight spreads as you mentioned. Deposits and withdrawals, not seen a hurdle so far.