Legit Broker Recommendation

Beginner Questions
1

Hi, I have been facing some problem with broker that I have been using. Is there any legit broker that anyone can recommend to me, please!

2

Hi @Joes2003, first at all welcome to babypips. :slight_smile:

Everything will be based on your location. For me, I will use ASIC, FCA and some extend CySEC regulated broker. The amount you are willing to put in your trading account is also a consideration. The last one is strategy.

As a beginner, you can use Exness, ICMarket, XM, Pepperstone, GoMarket, TickMill, FPMarkets, Vantage. These brokers have been used by me for a long long long time, without significant problem.

As long as you have no “specific” usage, they are more than enough.

2 Likes
3

Okay, thank you! For exness, did you come across withdrawal delay

4

Hi @Joes2003, Exness is considered as the fastest one. I have been using it for years, withdraw every weeks. Mostly done in within hours. There was a case, took less then 2 days.

Remember past experience won’t guarantee it will remain the same. :slight_smile:

5

@TYGMedia, thank you so much

6

I would recommend you go to for regulated one. Have you ever considered opening a demo account with any broker you had your eyes on?

7

check out this guide:

If you’re thinking of any brokers, feel free to share, and others here might have advice or experiences to share.

8

Yes, I have trade on a demo account with Exness and XM

9

I did, thanks

10

When it comes to choosing the right Forex broker, it really depends on your individual trading needs and preferences. However, if I had to recommend a broker that consistently ranks at the top, Exness would definitely be on my list.

Here’s why Exness stands out among the crowd:

  1. Regulation and Safety: Exness is regulated by several reputable authorities, including the FCA and CySEC, ensuring that your funds are protected and that the trading environment is secure.
  2. Competitive Trading Conditions: With low spreads starting from 0.0 pips and minimal commissions, Exness offers excellent trading conditions that can benefit both casual and high-frequency traders. This is crucial for maximizing your profitability.
  3. User-Friendly Platforms: They provide access to popular platforms like MetaTrader 4 and MetaTrader 5, which are known for their reliability and advanced features. Whether you’re a beginner or an experienced trader, you’ll find the tools you need to succeed.
  4. Variety of Account Types: Exness offers different account types to cater to various trading styles, whether you’re looking for a standard account with no commissions or an ECN account for tighter spreads.
  5. Outstanding Customer Support: Their customer service is available 24/7 and is responsive to inquiries, which can make a big difference when you need assistance in a fast-moving market.

While there are other reputable brokers out there, Exness combines strong regulatory oversight, competitive pricing, and excellent support, making it a top recommendation for traders at any level. If you’re considering your options, I highly suggest checking them out!