It’s definitely a concern if they are thinking about leaving Cyprus. Also, another broker has been going through a tough time too: Week In Review: Chaos at BDSwiss , IronFX Founder's Prop Firm, US FX Deposits, and More
They’re restructuring and stopping operations in some places. A lot of traders are reporting withdrawal problems with them lately, which has got people worried about their stability.
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Wow, that’s rough for them. I’ve heard about those withdrawal complaints. It’s like traders are really starting to question their stability. With all these regulatory pressures, it makes you wonder if it’s becoming a really challenging environment to operate in, no matter where they’re based.
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Exactly! With such brokers struggling, it seems like the whole industry is feeling the pressure. Do you think more brokers might leave if the regulations keep getting stricter?
I wouldn’t be surprised if stricter regulations continue, but honestly, it’s a good thing for traders. These rules are there to protect us and keep brokers accountable. It’s tough for some brokers, sure, but at the end of the day, it’s better to have a safer trading environment.
Pretty much this. While some brokers may struggle, it’s good that regulators are stepping up. Plus we need to keep an eye on broker reviews and customer feedback, they will be useful.
Ps @curiousguy thanks for sharing this link
Came across this wild story about a Thai YouTuber who got busted for a forex scam—apparently, she scammed around 6,000 people out of $55M! Insane, right? Got me wondering that with all these influencers showing up these days, how do we know who’s the real deal? Any tips?
@Dorik Seriously! It’s crazy out here. First rule: check if the broker they mentioned is registered with any regulatory bodies. And if someone promises guaranteed profits? Big red flag!
To add that, do check reviews and what other traders are saying. If you see a bunch of complaints, —just skip
Yep, with all these influencers promoting brokers, the best thing is to research on your own. Trust me, it’ll save you from becoming the star of a “how not to get scammed” video. LOL
Hey @no_frame just a quick update:
Fxview now offers leverage up to 1000x!
BDSwiss has updated their leverage to 2000x!
Ah thanks for letting me know @Eloise_1
OP is now updated. Feel free to share any new updates.
No Oanda? Been using them for over a year now in the US.
Hey guys, I want to start trading with a deposit as low as $50. I am not ready to put more yet. can you guys share some broker names that allow this min deposit?
Oanda does (and is a pretty good broker, by common consent). They allow the tiniest possible position-sizes (not many brokers do).
Fine, with appropriate position sizes, of course. I suggest working on the basis of 0.01 lots per $300. So for a $50 account, maybe one sixth of that, about 0.0015 lots (no problem at Oanda).
Also, this -
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I saw that several others I trust here say 0.01 lot per $250. So you are conservative!! Maybe because you trade for a living?
At my last place traders didn’t choose our own position-sizes and I had a risk manager almost breathing down my neck. 
More seriously, you probably don’t ever get to trade for a living without being conservative about position sizes. Retail traders, too, I mean.
Van K. Tharp wrote books (worth reading) about this.
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There are few mentioned in OP, like Fxview, XM, XTB. You should research each and see if they suit your trading needs.
I posted this but can’t find the thread. I was wondering if anyone knows whether Fxview API trading is reliable in terms of downtime and stability.
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I have recently started API trading and have not faced any slippage or downtime.
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Any execution speed related issues bro?
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