Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Xiaolei

Help! I Need a Broker :))

Recommended Posts

Hello Xiaolei,

 

let me answer from my experience (+5 years trading forex) when it comes to brokers, always go for the best of the best:

 

I trade with Dukascopy Bank SA (Swiss forex bank)

Advantages:

 

TRUE ECN (Electronic Comunication Network) you can put bid and ask in to the market AKA you are liquidity provider too, authentic 100%, you request or put liquidity in the market, like a market maker

 

INTERBANK SPREADS (Ultra Low Spreads, average 0,5 in EUR/USD in the London & NY session)

 

SECURITY, SPEED AND SAFE (As a swiss bank they are with all the licences, your deposits are secured till 100,000 euros or less)

 

Disadvantages:

 

Comission per volume (you pay X amount of dollar per million traded, every authentic 100% TRUE ECN will have this, but if you request the opening of the account throug me you will get monthly rebates to your account)

 

Minimum Deposit (is 5000 usd the minimum deposit, solution will be to open with their Latvia subsidiary, Dukascopy Europe, for retail traders, minimum deposit 100usd)

 

 

I really recommend you them, I dont work for them, but I'm an introducing agent, so can get you some comission back and some preference with them if you contact me.

 

Is not necessary to have a good broker to be profitable, but it helps

 

suppose:

 

100 trades in EU with 2 pips spread = 200 pips in costs (20 pips SL will be 22)

100 trades in EU with 0,5 pips spread = 50 pips in costs (20 pips SL will be 20,5)

 

ok you pay comission but with the rebates get better....

 

My two cents :2c:, if you or anybody is interested, contact me at carlos@zentraders.net or skype: korefx

 

Cheers and trade safe!! :cool:

Share this post


Link to post
Share on other sites
Hello everyone nice to meet you all

 

 

I need to ask you for some suggestion about brokers - in your opinion which one is good?

 

thank you

 

Broker suggestion will be based on what u wanna trade. U havent mentioned what u wanna trade and also whats your trading style.

Share this post


Link to post
Share on other sites

Hi everyone,

I have used a few Brokers and currently I am with x-DIRECT this broker is best according to my personal experience...because they are reliable and genuine and also they offer 45 pairs of international currency and maximum leverage of 1:400....I had a huge profit with this broker...you must have to try this one

Share this post


Link to post
Share on other sites

Broker selection is very important. I think we can trust broker if is in contact with you from very long time also he must be relevant and relocated i:e must have own license no. Initially you must invest less money with broker and check his loyalty if you will find him loyal you can invest more money in forex market with help of your broker

 

........................................................

Trading account

Share this post


Link to post
Share on other sites
Hello everyone nice to meet you all

 

 

I need to ask you for some suggestion about brokers - in your opinion which one is good?

 

thank you

 

Try Weltrade broker. They have fat execution, good support and without requotes trading. I trade with them for 2 years and have no problem.

Share this post


Link to post
Share on other sites

Yeah, broker is totally too much important because there is a huge size of SCAM.. Just things to remember! The google page rank, the customer's satisfaction review, instructions, community place, rules, comparing bonus (Without bonus broker is the best), and your own suggestions can choose of the best broker for you to trade!

 

Thanks

Share this post


Link to post
Share on other sites

Hi everyone... Need help!!!

Many of my friends are investing in forex recently and heard it is quite a good return. There r few brokers they recommend, ODFX, IRONFX, FXCM & GDMFX, wonder which is good. Can anyone share more info with me?

Share this post


Link to post
Share on other sites
Hello Xiaolei,

 

let me answer from my experience (+5 years trading forex) when it comes to brokers, always go for the best of the best:

 

I trade with Dukascopy Bank SA (Swiss forex bank)

Advantages:

 

TRUE ECN (Electronic Comunication Network) you can put bid and ask in to the market AKA you are liquidity provider too, authentic 100%, you request or put liquidity in the market, like a market maker

 

INTERBANK SPREADS (Ultra Low Spreads, average 0,5 in EUR/USD in the London & NY session)

 

SECURITY, SPEED AND SAFE (As a swiss bank they are with all the licences, your deposits are secured till 100,000 euros or less)

 

Disadvantages:

 

Comission per volume (you pay X amount of dollar per million traded, every authentic 100% TRUE ECN will have this, but if you request the opening of the account throug me you will get monthly rebates to your account)

 

Minimum Deposit (is 5000 usd the minimum deposit, solution will be to open with their Latvia subsidiary, Dukascopy Europe, for retail traders, minimum deposit 100usd)

 

 

I really recommend you them, I dont work for them, but I'm an introducing agent, so can get you some comission back and some preference with them if you contact me.

 

Is not necessary to have a good broker to be profitable, but it helps

 

suppose:

 

100 trades in EU with 2 pips spread = 200 pips in costs (20 pips SL will be 22)

100 trades in EU with 0,5 pips spread = 50 pips in costs (20 pips SL will be 20,5)

 

ok you pay comission but with the rebates get better....

 

My two cents :2c:, if you or anybody is interested, contact me at carlos@zentraders.net or skype: korefx

 

Cheers and trade safe!! :cool:

 

Thank you ...i will contact you

Share this post


Link to post
Share on other sites

Once you have grasped the basics of forex trading, First you ready find out the best Forex broker, using a demo account, smart Trading platforms, Spread type, Leverage, Minimum deposit, and Trading instruments- 60+ currency pairs, Metals, Energy, and Trade Bonus.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • It depends. If you have lots of money that you can buy a house without a loan and if you don't have any parents to sponsor then it is a good idea. Otherwise it might be a bad idea depending where in Canada you are heading to. I earned a good middle income in my home country and I migrated to Vancouver 5 years ago at the age of 35. I had to start right from the bottom, lowest of the low.. Now i am finally earning a middle income in Canada but I still cannot afford to buy a one bedroom apartment. Having left behind friends, family and home, most of the times I think it is not worth it.   In short, do not migrate if you already have a good life in your home country and you are happy. Only migrate to Canada if you really have to leave your home country say there is a war or something really bad. Discrimination still exists here and its really tough for newcomers unless you are super rich. Good luck. David Chong, Quora  
    • This is bigger than the internet. Bigger than mobile. Bigger than social media.   While everyone was distracted by stock market fluctuations and political theater…   Most people have NO IDEA what just happened last week with ChatGPT.   Their new memory feature allows ChatGPT to remember EVERYTHING about you across all your conversations.   Think about that for a minute...   While most tech companies have been collecting mere breadcrumbs about you - your likes, your clicks, your browsing history - OpenAI is now collecting the most valuable dataset in human history: your complete psychological profile.   This is Zuckerberg x 5,000.   The more you use ChatGPT, the more it understands you, becoming a supercharged reflection of yourself that improves at an exponential rate.   Are you a regular ChatGPT user?   Consider whether it’s time to turn off the “you can train on my information” feature. To prevent your data from being used for training while still using the memory feature:   Disable Model Training: Navigate to Settings > Data Controls. Toggle off "Improve the model for everyone". Manage Memory Settings: Go to Settings > Personalization > Memory. Here, you can: Turn off memory entirely. Delete specific memories. Use Temporary Chat for sessions that won't be saved or used for training. Now the investment implications…   Why This is Bigger Than You Think Consider this: the relationship between humans and ChatGPT is evolving beyond a mere tool.   People are now treating these AI assistants as friends, confidants, and even romantic partners.   I'm not making this up - there are already documented cases of people ending real human relationships to pursue “connections” with their AI companions.   A viral Instagram meme shows a person going through life with a glowing, featureless humanoid figure - representing ChatGPT - as their companion.   The post has over 1.1 million likes and comments like "Bro ChatGPT is like my best friend. Ain't even ashamed to say it" with 25,000 likes.   But here's where things get really interesting for investors and entrepreneurs...   Three Things to Watch For starters, hardware is the next big thing for the big players.   The iPhone form factor is dead.   It hasn't meaningfully changed in nearly a decade. The next evolution in hardware will be designed specifically to interface with these AI companions.   OpenAI is already working on hardware with Johnny Ive, the legendary designer behind the iPhone and iPod. But you can’t ignore Elon Musk’s edge here.   So what does all of this mean for you?   The companies that control the personal AI relationships will be worth trillions. OpenAI and Elon Musk will have the coziest moats. We're witnessing the birth of a new internet - one built on agents that can communicate with each other across platforms. Google's new agent-to-agent protocol allows AI agents to work together without sharing internal memories or tools. The hardware companies that create the perfect interface for these AI companions will dominate the next decade of technology. And almost nobody is talking about what this means.   My prediction? Within five years, most people will have a personal AI that knows them better than anyone else. And they will interact with it in ways that seem foreign today.   (And, yes, it will almost certainly have dystopian elements.)   In the meantime, the biggest gains won’t come from household names. And, right now, James is seeing a prime opportunity to invest in the most under-the-radar plays in AI…   For dirt cheap. By Chris C. Source: https://altucherconfidential.com/posts/use-chatgpt-protect-yourself-now
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.