Compare Which forex broker to choose octafx or XM or exness or Hot forex, i want a broker who doesn't block profitable accounts

[knature007]

I want to trade forex and my strategy is proven to be consistently profitable but the problem is in India there are only these brokers that provides local deposits and withdrawals that is Octa fx, XM, exness, Hfm markets, so the thing is I wanted to use octa fx but I saw so many people having problems in withdrawing the funds i have an octa fx account but the broker seems to also block profitable tarders and I know exness has a good reputation but my friends had problems while withdrawing the money and I'm a scalper for a scalper the spreads in xm is soo high and i don't know about hfm markets whether they are good or bad, i just want a suggestion from you guys which broker should I choose.

 

[knature007]

@4evermaat please as per your experience can you give me a suggestion between octafx, exness, XM and hfm markets

 

[compu-forex]

OctaFX is very very slow with withdrawals. Of the 4 mentioned, Exness is my favourite. I have had some minor issues withdrawing from them but they worked with me to find alternative withdrawals methods. This was for about 3 month at the begining of last year and the problems seem to have been resolved, as I have not had problems lately.

 

[MaxOng]

Nowadays so hard to find a good broker. I had used Oanda once. it had a glitch which ran about 1000 pips and margin called me. After that return my balance back to me and no email was given to say how was it calculated.

And from all those 4 that you had mentioned. I had used octafx which currently dragged my deposit for more than 24hrs already.

Those bigger brokers are still better though.....but after what happened to me with Oanda. I seriously dont know anymore.

 

[Luxel]

If your strategy is profitable i can assure you withdraw from my selected brokers, just trade for me on my deposits you don't have to put a single $ i will make deposits and you make millions i will make sure the broker will give my profit until and unless you are not doing any abusive trading if your strategy is legit no broker will ever stop me from making withdrawals, and am happy to share my profits with you

 

[NatureGirl]

if Ure just startin out go with octafx. if U need a lot of learnin resources xm is the way to go. exness is great if U want high leverage and hfm markets offers a variety of tradin options and account types.

 

[forexbet]

Every brokers except Octa (OctaFX) charges swap fee. I tried to use Octa because its swap-free, but I saw threads about Octa will steal profit by accusing winner abused swap-free feature.

 

[NatureGirl]

Every brokers except Octa (OctaFX) charges swap fee. I tried to use Octa because its swap-free, but I saw threads about Octa will steal profit by accusing winner abused swap-free feature.

theres always people out there naggin bout everythin and blamin others for their own mess ups. go on and see for Urself.

 

[FxMaster]

I want to trade forex and my strategy is proven to be consistently profitable but the problem is in India there are only these brokers that provides local deposits and withdrawals that is Octa fx, XM, exness, Hfm markets, so the thing is I wanted to use octa fx but I saw so many people having problems in withdrawing the funds i have an octa fx account but the broker seems to also block profitable tarders and I know exness has a good reputation but my friends had problems while withdrawing the money and I'm a scalper for a scalper the spreads in xm is soo high and i don't know about hfm markets whether they are good or bad, i just want a suggestion from you guys which broker should I choose.

First of all, are you aware of Forex terms in India?

RBI issued a warning against the brokers which you can find here https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4235

 

[PanzerWang]

What I will tell you is that as long as a trader is trading within the rules, then a strictly regulated broker will not deny him a withdrawal. Basically, quite a few cases where withdrawals were denied were because they were trading outside the rules.
I would recommend Vantage as it will assign you an account manager for 24/7 customer service. It certainly takes a lot of the hassle out of it. Also, it offers ECN accounts with raw spreads, which can be very profitable for scalping.