In search of the Best Broker to start Forex trade

Broker Discussion Forex Brokers
5

ICMarket

  • ICMarkers is suitable for all trading strategies including scalping.
  • “Hyperactive” prohibition: If your server messages have exceeded 5,000 in 1 day (the purpose to protect the server from being overloaded will affect other accounts on the same server of ICmarkets). While, [FBS] and [TickMill] do not prohibit “Hyperactive”
  • The lowest spread can be said as such ( 7 usd/ lot with ECN TRUE account, 6 usd/ 100k USD with CTRADER account)
  • Must say [ICMarket] supports a lot of Forex pairs, Commodity, Stock, Bond, Crypto.
  • They support money transfers from other brokers to ICMarkets, but there’s no reverse
  • Support Metatrader 4 & 5 trading platforms, Meta Web, Ctrader and FIX API Service support
  • Deposit and Withdraw are almost free with all withdrawal methods
  • Supporter support for a long time.

HotForex:

  • There is 100% bonus credit.
  • There is [MICRO ACCOUNT] and a minimum deposit of 5 dollars with 1: 1000 leverage
  • I feel it’s normal. But it has additional copytrader support. If you trade well, you also have income from it
  • If you want to Become a Strategy Provider, you get at least 20% of the profits from your investors (Follower).
  • Support Metatrader 4 & 5 trading platforms, Meta Web and FIX API Service support

FBS:

  • STANDARD and CENT accounts have a high spread.
  • Withdrawal fees seem high compared to other brokers.
  • There are cent account support for newbies
  • Scalping is very comfortable
  • There is also copytrader for you to earn extra income from it
  • Free VPS but must deposit at least 450 usd and trade at least 3 lots per month.

Tickmill:

  • commission is quite low compared to brokers and you will also get an additional 5% commisson fee for Pro account if you register through me. Commisson is 5-6 usd / lot for PRO account. Commisson is 2-3 usd / lot for VIP account
  • Please register via IB26305342. You will receive a 5% instant commisson discount for Pro account
  • No copytrade feature
  • [Tickmill] has a license in FCA, FSA.
  • Deposit and Withdraw are almost free with all withdrawal methods
  • Only 2 platforms: Metatrader 4, Web Trader.

OctaFX :

  • Normal spread
  • They have a 50% bonus for deposits
  • There is free swap account support
  • There is also copytrader for you to earn extra income from it
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