After browsing this site for hours, I don't know what to believe anymore. Brokers I thought were solid and established sound terrible, random small brokers have elevated reviews and sound perfect, but then I see a complex thread about withdrawal issues for one individual (and the broker themselves clearly discussing the issue in a way that I do not like).
I have been trading risky cfds for a while, and have plenty of experience trading forex through these. But I need to get in for the long term so that as my account grows, I can feel safer in the fact that I'm in the real forex market and I'm dealing with real money etc.
For now I'm looking at FXChoice and OctaFX. It sounds like OctaFX won't be able to handle high volume trading though...
When I look at really nice looking, regulated, established, "safe" brokers. They only offer leverage of 20x or so, which does not work for me as I generally have stop loss at 5-10 pips so I would be trading my entire account on one trade with that leverage.
But honestly, this is a sea of misinformation and scammy stuff, how can I use this site better and what brokers do professional, successful traders use and can vouch for (with evidence if needed)?
Thanks!
I have been trading risky cfds for a while, and have plenty of experience trading forex through these. But I need to get in for the long term so that as my account grows, I can feel safer in the fact that I'm in the real forex market and I'm dealing with real money etc.
For now I'm looking at FXChoice and OctaFX. It sounds like OctaFX won't be able to handle high volume trading though...
When I look at really nice looking, regulated, established, "safe" brokers. They only offer leverage of 20x or so, which does not work for me as I generally have stop loss at 5-10 pips so I would be trading my entire account on one trade with that leverage.
But honestly, this is a sea of misinformation and scammy stuff, how can I use this site better and what brokers do professional, successful traders use and can vouch for (with evidence if needed)?
Thanks!