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Complains about swap-free in Octa (OctaFX) were convincing.theres always people out there naggin bout everythin and blamin others for their own mess ups. go on and see for Urself.
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Complains about swap-free in Octa (OctaFX) were convincing.theres always people out there naggin bout everythin and blamin others for their own mess ups. go on and see for Urself.
I'm sorry but I feel that regulations are too lax for brokers. Denial of withdrawal requests are theft - pure and simple. Today, all a broker has to do is allege abuse of some sort without evidence and lo and behold they are legally allowed to rip off their traders.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.
What on earth did I just readIf 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
Why are you only considering these 4 brokers? There are other broker platforms that are available in India and that are trustworthy.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.
The point is that some of the rules are not transparent and open. It is unfair that traders are expected to trade under the rules, yet most traders are not told whether specific trading behaviour is within the rules. They are only told meaningless legalese.I'm sorry but I feel that regulations are too lax for brokers. Denial of withdrawal requests are theft - pure and simple. Today, all a broker has to do is allege abuse of some sort without evidence and lo and behold they are legally allowed to rip off their traders.
If a broker alleges swap abuse of a swap free account, you simply start charging swaps/withdraw the facility/terminate the account - you do not steal their funds. I won't mention names but the broker you are advocating for(amongst others), is guilty of this behaviour.
Singapore's regulation is ever so strict, and it is almost impossible for brokers to enter Singapore without local regulationSigh...i was actually going to switch from Avatrades to (Pepperstone. -Trustpoilet reviews are way too good.)
Im from singapore and the MAS laws here which i've asked IG and CMC Markets.
Leverage on XAUUSD is only 1:5.
Whereby doing a 1 standard lot size i would need 64k as margin.....seriously.
So hard to find a good broker where withdrawal wont be a problem.
A few hundreds or a few thousands maybe ok. But i believe when it comes to tens of thousands......something will come up.
Yup. Only they can make $$. Though i know their so called " Protect Singaporeans ". But rules are getting tighter and tighter and sometimes without logic.Singapore's regulation is ever so strict, and it is almost impossible for brokers to enter Singapore without local regulation
If you have a passport from another country it might be useful hahaha but can only say good luck!Yup. Only they can make $$. Though i know their so called " Protect Singaporeans ". But rules are getting tighter and tighter and sometimes without logic.
So im trying to find out any good reputation brokers around. lol.....
aight thats good 2kComplains about swap-free in Octa (OctaFX) were convincing.