What Forex Broker Would You recommend?

[IG Pro]

Hi there!

I'm looking to start trading Forex. However, when I've been researching few brokers, it seemed like most of them have all kinds of issues (not letting you withdraw your funds, etc).
So, I'm asking if anyone here can vouch for a FX ''broker'' that lets you trade with relatively high leverage & let's you withdraw your funds, whenever you want.

I've been checking out:

1. Hugosway (a lot of negative reviews on Trustpilot, pos. lets you trade with - 1:500 leverage),
2. XTB (only 1:30 leverage for EU people - overall seemed like a trustworthy broker),
3. CMC markets (a lot of negative reviews on Trustpilot)
4. And a few more.

I'm looking to start trading with $100 - therefore, 1:250/500 leverage would be preffered so I can purchase atleast 1-2x 0.25 - 0.5 lot(s).

 

[Deleted member 657006]

Brokers real ones expect $50k just to join their teams.

You got $100

Just to use the forex system on a serious note cost thousands.

Don't know what you can do, many do forex at home but I don't know what application they use that accurate and cheap.

I had a go it was expensive, the application was 5k a month and the broker was also a mentor.

I ran.

Forex trading not cheap you need a heavy wallet to get started.

Maybe you no a way to buy shares and sell shares on the cheap.

I no time = money but with forex trading seconds = money .

 

[IG Pro]

Brokers real ones expect $50k just to join there teams.

You got $100

Just to use the forex system on a serious note cost thousands

I've been doing a lot of demo trading, and I've been quite profitable. So, I've decided to put ''my skills'' to the test with beer money first.
If everything goes well, and I'm satisfied with the broker, I have no issues funding it with 5 - 7 figures.
I'm just testing waters ATM. That is why I'm asking for suggestions for FX brokers - there are quite a lot of scams involved around Forex.

 

[E60M5]

Did you ever get started on a live forex account?

 

[im.King]

Fbs.com is the one best for all Forex Need

 

[IG Pro]

Did you ever get started on a live forex account?

Yep, I did.

However, I'm mainly trading prop firm accounts (ATM).
I wish I'd have known about these when I was starting out - thanks to them, I've learned proper risk management and stopped over-trading.
Basically, I've managed to build up a trading discipline & a decent strategy.

Now, I'm mitigating some of the profits to my personal account (building up the capital over there) and putting some extra cash aside for options & stock trading.

I've been using Hugo'sway for the personal account - but the spreads, technical issues & high fees were ridiculous to continue trading with them, + the firm is based in tax heaven with other sketchy brokers.
I'd say, for beginners, it's not that bad, but for people taking trading seriously, this isn't a professional broker.

So, I'm signing up with IC Markets. I have heard quite a lot of good things about them - the only disadvantage is the 1:30 leverage for EU residents.
I'm not affiliated with this broker, and I'd encourage you to do your own analysis on them or any other broker.

NAS100 - news trade (Biden + Papa Powell).
GU sells - not really satisfied with the trade (missed the beginning of the move) + held it over night.
I like to hold the trade for a few hours, and then get out.

 

[king0735]

Hi there!

I'm looking to start trading Forex. However, when I've been researching few brokers, it seemed like most of them have all kinds of issues (not letting you withdraw your funds, etc).
So, I'm asking if anyone here can vouch for a FX ''broker'' that lets you trade with relatively high leverage & let's you withdraw your funds, whenever you want.

I've been checking out:

1. Hugosway (a lot of negative reviews on Trustpilot, pos. lets you trade with - 1:500 leverage),
2. XTB (only 1:30 leverage for EU people - overall seemed like a trustworthy broker),
3. CMC markets (a lot of negative reviews on Trustpilot)
4. And a few more.

I'm looking to start trading with $100 - therefore, 1:250/500 leverage would be preffered so I can purchase atleast 1-2x 0.25 - 0.5 lot(s).

I would say Hugo's way. Their charts are the most accurate.

 

[ddlmanager]

ICMarkets all the way.
Hit me up if you want to talk, I’ve got 3x Ftmo funded accs