Any good brokers out there?

harmudge

Recruit
Messages
3
Hello all, I am a complete newbie to trading and am currently looking for a good broker.
I currently have a live account with CMC Markets which I opened last week, but to be honest I am not to happy with them.
I have been browsing your brokers review pages and every broker I have looked at, has had pretty dismal reviews from the members here. There are some good reviews but an awful lot of bad reviews for most brokers.

Who do I trust with my hard earned cash ?

Please direct me in the right direction.

harmudge
 

Nancy Cheah

Sergeant
Messages
157
Both Saxo Bank (Singapore) and Dukascopy SA are excellent since I've tried both of them.

Regards.
 
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harmudge

Recruit
Messages
3
Both Saxo Bank (Singapore) and Dukascopy SA are excellent since I've tried both of them.

Regards.
Thank You very much Nancy, I will certainly have a look at the brokers you have mentioned.
Anyone else got any reccomendations for a broker ??
 

ernest8fingers

Master Sergeant
Messages
488
IMHO-never trust(fully)any person or company not directly in your own family. This concept has kept me from depositing more than 1000.00 bucks in any Forex trading account. This has also doomed me to trading 0.1 lot only per trade on only one trade. If I win-I remove realized Profit. If I loose(just the trade not my account) that means I will wait longer to make a withdrawal. I prefer to extract profit ASAP in case the Broker decides its today they want to change to a "depositOnly" Broker. I conquered the fear of trading on emotion but have not (maybe never will) get over the fear of placing a large deposit with total strangers. NO PERFECT BROKER EXISTS. I use MBT(I like very much for large lot trades of which I have made NONE since 2008 Sept.) and FXPro.com for everday trading of "miniLots". So far,(and I have had 6 Brokers total in 4 years) these 2 Brokers have not screwed with me or my account. I still dont "fully" trust them though. Remember this is only MY opinion and colored by my whole Forex experience. Good luck though.:)
 

Nancy Cheah

Sergeant
Messages
157
My recommendation is sole and purely based on my few calendar months of trading with them and nothing more.

Regards.
 
Last edited:

elah024

Private, 1st Class
Messages
64
Hello all, I am a complete newbie to trading and am currently looking for a good broker.
I currently have a live account with CMC Markets which I opened last week, but to be honest I am not to happy with them.
I have been browsing your brokers review pages and every broker I have looked at, has had pretty dismal reviews from the members here. There are some good reviews but an awful lot of bad reviews for most brokers.

Who do I trust with my hard earned cash ?

Please direct me in the right direction.

harmudge
hi there!

i have read a lot of problems same like you. i can help you search on how to know a good brooker. here are some helpful links to let you know how to look for an effective brooker. so you wont get through problems like scams and all that.

How do I find a good stock broker? - Answer desk- msnbc.com

answers.yahoo.com/question/index?qid

Forum Forum

i think it's still best if you search first on how how to choose a best brooker and its functions. hope that will help.

answers.yahoo.com/question/index?qid
 

Lhar_fpa

Private, 1st Class
Messages
135
Hello all, I am a complete newbie to trading and am currently looking for a good broker.
I currently have a live account with CMC Markets which I opened last week, but to be honest I am not to happy with them.
I have been browsing your brokers review pages and every broker I have looked at, has had pretty dismal reviews from the members here. There are some good reviews but an awful lot of bad reviews for most brokers.

Who do I trust with my hard earned cash ?

Please direct me in the right direction.

harmudge
I think for you to check out your broker is to check them out on NFA, not only that you will know if they are regulated, but also you will know about their reviews. :p
 

Pharaoh

Colonel
Messages
19,691
The NFA is only for USA based brokers. They don't have reviews there, but do have "NFA Actions" which can be very interesting.
 
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