collapse

Author Topic: questions about broker accounts...  (Read 4516 times)

Offline donboland

  • Newbie
  • *
  • Posts: 3
questions about broker accounts...
« on: April 16, 2009, 03:55:59 PM »
for some time we have been with IFBX and have one account with Forexgen. We have noticed also that given identical trades the account with Forexgen is more profitable given the reduced spread and fixed cost. If someone charges more for something and you take advantage of the added horsepower and depth, I will gladly pay the difference.  However, we are using Turbo and MegaDroid on both accounts and have been very pleased so far, so the difference for me is explicitly the broker relationship.  Any thoughts?
go gently, don

Offline admin

  • Full Member
  • ***
  • Posts: 473
    • donnaforex.com
Re: questions about broker accounts...
« Reply #1 on: April 16, 2009, 07:26:05 PM »
I would be very careful with Forexgen. There are a lot of scam reports about this broker online-- i'm not talking about just the usual dissatisfied customers, more like investigated and proven scam reports, people claiming they are not getting paid what they are owed.

With all brokers there is usually a decision to be made as to what you are really after. There is no such thing as a 'perfect' broker. One broker may be superbly helpful, offer particular qualities that you need for your trading style, and be local to you and regulated, yet their spreads might be higher. Yet another broker will have very low spreads but a lack of regulation. It all depends what is most important to you, but in all cases and especially if you are depositing any kind of meaningful sums of money then do some careful research before jumping in. Too many people just look at spreads and don't care about anything else. No good having a brilliant spread if the company has extra slippage on all your trades for instance.
<b>Subscribe to my mailing list for updates, go to www.donnaforex.com</b>

Offline Kristofer

  • Full Member
  • ***
  • Posts: 225
Re: questions about broker accounts...
« Reply #2 on: October 12, 2015, 10:19:52 PM »
I agree that we should not trust our money to the first   broker we see and which may just have  good PR. We must look at the results. For example, freshforex. The company is constantly growing and developing. And it's not just words of this broker. The real confirmation of these words are the latest awards of the broker: Best Affiliate Program, Best Broker in Asia, Best ECN Broker,  a professional work of customer support which was also praised by special award.

Offline dftrader

  • Jr. Member
  • **
  • Posts: 24
Re: questions about broker accounts...
« Reply #3 on: October 13, 2015, 07:58:18 PM »
I also have a question regarding brokers spreads, as this landing page show several spreads on majors
https://goo.gl/qyKeZF

E/u: 0.7 spread and gold: 40

How can we test the spread this broker offering to confirm this figure to know it's true or not?

Offline Ganza

  • Jr. Member
  • **
  • Posts: 28
Re: questions about broker accounts...
« Reply #4 on: February 01, 2016, 07:28:22 AM »
Quote from: admin link=msg=199 date=1239906365

I would be very careful with Forexgen. There are a lot of scam reports about this broker online-- i'm not talking about just the usual dissatisfied customers, more like investigated and proven scam reports, people claiming they are not getting paid what they are owed.

With all brokers there is usually a decision to be made as to what you are really after. There is no such thing as a 'perfect' broker. One broker may be superbly helpful, offer particular qualities that you need for your trading style, and be local to you and regulated, yet their spreads might be higher. Yet another broker will have very low spreads but a lack of regulation. It all depends what is most important to you, but in all cases and especially if you are depositing any kind of meaningful sums of money then do some careful research before jumping in. Too many people just look at spreads and don't care about anything else. No good having a brilliant spread if the company has extra slippage on all your trades for instance.

i agree, forex trading risk starts when we deposited our money.
If you choose a dead broker or maybe scam broker like capitaloneforex, even you just deposit and than request withdrawal, you wont recieve your deposited money.

broker is all about reputatin, and my decisions to trade with Tickmill, are after i made some research about their performance when they are armada markets, they always pay traders withdrawal without questions, what ever traders trading strategies are

Offline hybrid

  • Full Member
  • ***
  • Posts: 425
Re: questions about broker accounts...
« Reply #5 on: February 17, 2016, 06:44:04 AM »
I rely on regulated and well known broker. Changing broker every day is not a right way in this way we can be capture by scam or wrong broker. Just choose a good broker and do work with them. Every day new brokers are there they vanish any time with our money.

 

browse forum

* Recent Posts

Re: Bitcoin Discussion by Humble Trader's Fx
[Yesterday at 10:21:57 PM]


Re: Bitcoin Discussion by oportunis
[Yesterday at 06:55:44 PM]


Re: Bitcoin Discussion by Humble Trader's Fx
[Yesterday at 06:35:40 PM]


Re: Bitcoin Discussion by oportunis
[Yesterday at 05:43:41 PM]


Re: Bitcoin Discussion by Humble Trader's Fx
[Yesterday at 05:35:08 PM]


Re: Bitcoin Discussion by gpfwestie
[Yesterday at 05:26:53 PM]


Re: Bitcoin Discussion by Humble Trader's Fx
[Yesterday at 05:03:49 PM]


Re: Bitcoin Discussion by gpfwestie
[Yesterday at 04:59:48 PM]


Re: EUR/USD by Eliza Abrams
[Yesterday at 03:24:30 PM]


Re: Bitcoin Discussion by Eliza Abrams
[Yesterday at 03:23:45 PM]