And how do you withdraw money gained from trading? I know withdrawing through credit card is free of charge, but they only let you withdraw up to the amount that you deposited in with it, so I understand that money earned has to be withdrawn using bank transfer.
Correction!
Seems like ASIC has recently passed new rules similar to the already existing in Europe (ESMA, CySec) and UK (FCA) and has ordered to limit leverage to the 1:30 range, thus eliminating the first advantage I mention.
Maybe it is worth it to change over to Seychelles (FSA) regulation...
Hi folks.
Lately I have been considering about changing the regulator of my broker. I live in Spain so I always chose brokers regulated in Cyprus (CySec). But I have been comparing IC Market's CySec and ASIC (Australia) versions, and I happened to find that the ASIC version is much better...
Hi.
I have been and still am looking for the best broker out there. In my search, I have noticed that many australian brokers are top-notch. However, there's something about bank transfer withdrawal method that they have in common and is nowhere explained.
It always goes more or less like this...
Hi folks. I wanted to let you know something about this broker that I'm upset about.
Everywhere it says that they charge no comission for withdrawals, which is only partly true. If you deposit funds using your credit card, you can withdraw funds using the same method for free, but only up to...
Correction:
The webpage that I had been using to compare spreads (myfxbook.com/forex-broker-spreads) shows that HFM spreads are higher than they actually are. I discovered this by comparing them with the real live ones appearing on my MT4 platform. So I was wrong to say that ICM has lower...
Hi everyone.
Lately I have been comparing different brokers' spreads at myfxbook.com/forex-broker-spreads and found out that the real spreads of HotForex are considerably lower than the ones appearing in that webpage. I opened an account with IC Markets because I thought theirs were lower, and I...
Hi!
My MT5 account with IC Markets is open. They were very quick to validate the documents and support took less than one day to answer.
However, I'm disappointed because cTrader account isn't available in their european domain. Support said it will be available soon, but they're already...
Thanks for taking the time to reply.
I've read a bit about cTrader and it does sound more reliable than MetaTrader, so thanks for the suggestion. Still I'm sure it's not perfect, especially in the wrong hands.
About IC Markets, I've read that they're an ECN only for orders bigger than 1 lot...
I see many bad comments about this broker here, but still it appears the first on the list if you sort them by popular here at FPA. It's a very big broker with very good spreads, multi-regulated, ECN... I really don't know what to think.
Hi. I'm in the process of opening an account with this broker, because of the low spread and also because it is the single most popular broker here in FPA (first on the list). This thread worries me, but it seems quite an isolated case, isn't it? Are there any other cases with proof of...
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