I see, Nono I havent used them yet, was just curious to know how they were with withdrawals.
Pretty tight. I trade EURUSD mostly and now a lot of brokers have good spreads. Most of the time spreads on EURUSD at M4Markets is 0.0 pips. I donāt know if it would be as happy trading other pairs, but Im thinking of also trying Gold with them.
I just saw the spreads on myfxbook, that is really good one. Thanks for the input tho!
I also have account with M4Markets. Good broker but no Russian support.
Not a big problem for me, but I prefer to have Russian staff to speak to.
1 Like
Spreads are a very important aspect especially when you are doing micro trading, because when the margins are low, more that 30 percent of your profits can go into slippage. However, apart from withdrawals and spreads, there should be other factors which are important while choosing a broker. The customer support system, the range of markets plus the leverages are very crucial while trading. I have been using Fxview and IG for the past few years and it has provided good spreads and support. Even leverage suits me. So for me these two brokers are good.
Can brokers allow withdrawing large amount of money, say $10 million (just an example) at a time? If yes, do suggest the name of the broker
I am quite new at trading forex but I never traded forex in for a living. I have a few questions for you then, what kind of fees do they charge? Do they charge a one-time transaction fee or a percentage of a sale? Also, do they offer leverage accounts inside a platform or you have to go somewhere else? If I am doing a highly leveraged trade when will they do a margin call? You see I am saving money for a down payment on a loan I got with Mortgage Advice Bristol and Iād rather have a leveraged account than a simple one. I am not that concerned about how fast a withdraw is happening to be honest.
Well in my opinion, guess the answer is a yes. See now that youāre a trader whoās able to make 10 million through trading, you definitely will be smart enough to make sure that the broker you select is regulated and trusted. When I speak of these reliable brokers, Fxview, Pepperstone, Forex dot com, and eToro comes to my mind instantly. Even though youāre dealing or associated with an offshore broker, there are still chances that you could withdraw this much money considering how you made such an amount via trading.
Could you please elaborate the point āconsidering how you made this much of an amountā? Also, is it possible to submit a withdrawal request even when I have open positions?
Donāt you think the brokers are smart enough to deem you as a worthwhile trader with a potential to make millions of Dollars. When you reach that point, the brokers wonāt dare bid against you.
Yes itās possible but you need to know that withdrawal of funds also results in trimming down the funds that are required to maintain the open position. It is you who needs to ensure that the account needs to have enough margin to maintain an open position.
I had problems with M4Markets
they are SCAM
do not withdrawing funds
IC Markets withdrawals are normally next day if you can use PayPal and withdraw on a weekday.
Maybe try CedarFX. Spreads are ok but with 0% commission it works out cheap. Withdrawals are in my account within 2 hours too.
Try fx view. Regulated, spreads are good, withdrawals within 24 hours. Or other option is to go on myfxbook and compare spreads and see which seems fit.
1 Like
IC and PayPal? No thanks. The first one is in my gray list and the second one is in my black list. 
Its way more smooth and fast with BTC and i`m glad that my broker offer this way.
Threre are lots of brokers provides low spread and fast withdrawals, but first check everything about them. Because everyones are not honesrly treat you with their services.
You can read reviews on platformsa and also can try demo trading.
A lot of them are there but not all of them are worth using. You better trade with them with small amounts until you are sure that they satisfy your requirements.
Just Google to find them. You have to look for other things like trading platforms also.
I can suggest trading with FP Markets. Iāve been trading with it for four months, and the spreads have been the same, starting from 0.0pips mostly in EURUSD.
Withdrawals are quick without any issues, and there are no hidden commission costs during withdrawals or deposits.
You can check this thread out:
Youāll get plenty of good options here. Go for the one which suits your trading needs in the best possible manner.