richardmarcus1509
Recruit
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- 102
yes I know thanks for the feedback I will soon switch to a live account after a few weeks of training on a demo account still a long way to go but will start trading with real money.
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I am looking for a regulated one because I have come across various articles that have mentioned to go with a regulated one as they have the security of my funds and various other features that come with a regulated broker. And on the other hand, I am thinking of low leverage so to minimize my risk of losses in the first instance. I know with high leverage my profits will also increase but I don't want to be greedy as this is my first time I am into forex I just want to have a taste of the market for now.are you looking for the regulated or unregulated broker? you need to first make up your mind how you want to proceed. higher leverage and what conditions?
I haven't heard much about them, are you trading with them, how is your experience? are they regulated, and I will surely go through their website and get back to you.You may try Fxview broker, their commission is lowest as $2 per lot (round turn) and they are multi-regulated, you can check on their website in details if it suits you.
Alot of broker provide the NBP. But yes this is a good thought to be sure. check their live chat.hey thanks for reverting back, what are their commission structure, and do they provide any kind of balance protection?
Nah there are many regulated brokers such as Tickmill or Hotforex. They have good reviews and FPA as well as regulated by FCA. You can try to trade from their FCA branch but there you basically exchange safety for low leverage (1:30 max).but i am thinking not to use any off shore brokers as i hav heard that they are not legal and also not registered with anyone
that is actually a great idea. being a newbie it is always good and advisable to start with a regulated broker and a lower leverage. wish you luckI am looking for a regulated one because I have come across various articles that have mentioned to go with a regulated one as they have the security of my funds and various other features that come with a regulated broker. And on the other hand, I am thinking of low leverage so to minimize my risk of losses in the first instance. I know with high leverage my profits will also increase but I don't want to be greedy as this is my first time I am into forex I just want to have a taste of the market for now.
i will surely have a word with them today and get to know briefly about commision swaps and leveragesAlot of broker provide the NBP. But yes this is a good thought to be sure. check their live chat.
yes i had a word with customer support of tickmill it was not that much assuringNah there are many regulated brokers such as Tickmill or Hotforex. They have good reviews and FPA as well as regulated by FCA. You can try to trade from their FCA branch but there you basically exchange safety for low leverage (1:30 max).