Forex Broker Reviews » The Trader In You

I’m sorry, but you were thrashing this site because of my track record. That’s simply not fair to me and not fair to many people already following their signals. You should check the site you’re talking about and get familiar with results before dotbig review leaving such negative comments based on ‘some rookie who is mixing signals on one demo account’. That only shows that on this site people can actually LEARN how to trade on their own and not only turn their trade copier on and lay back.

honest review on forex broker

If you are calling the shots and the broker is following your instructions, then that cannot be classified as churning. If you are stuck with a bad broker, review all your documents and discuss your course of action before taking more drastic measures. To make sure you’re not being duped by a shady broker, do your research, make sure there are no complaints, and read through all the fine print on documents.

Should You Buy Your Silver Bullets On Forex Com?

While we strive to make our withdrawal process as seamless as possible, we must balance this with our duty as a regulated firm to verify details under the guidelines set by our regulator. All is Ok, but I have been trying to get to Ach withdrawls for me for about 8 months and they continue to Wire my funds and now you don’t send check hard mail free. Wire cost me $25 and bank fee of $ that is $43 every time i want a withdrawl . No one has given me a reason for this at –how about figuring this out and get back to me. Forex.Com offers everything you DO NOT WANT in a forex broker. Today I decided to close my account and withdraw my funds, but they only allow withdrawal to initial bank account. I explained that my old bank account is closed long time ago.

  • When I withdrew I received an email saying it could take 2 business days to get my money.
  • To keep your money secure, the company segregates funds and abides by strict custody requirements.
  • These transaction fees can vary widely, so it’s a good idea to compare prices before depositing your money.
  • Well, these things really matter to clients of Forex brokers, as it makes sure that their interests and funds are protected.
  • We believe this is true whether you’re among advanced traders or your journey is just beginning.

This implies that for German trader, they can work safely with MiFID compliant brokers in Germany. MiFID is a top-tier regulation covering trading around the entire Eurozone. The CFD broker firm is best known for charting tools, EA trading, historical data points, dotbig reviews having over 50 indicators, an advanced system for notification, and order execution & trading management tools. A swap-free account is interest-free with STP spreads and $0 commission. Over 1.5 years of using Just2trade, I have had a positive experience.

Lower Fees, Lower Costs?

For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker for Forex news their own failed strategies. In the sections below, you will find the most relevant fees of for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

honest review on forex broker

You will though have to make a separate account if you want to use metatrader and trade on that account, then transfer money to main account and then to your bank. The customer service chat is amazing and fast with real people. Basic real-time information about client activity, such as balances, transaction activity, and profit/loss breakdown can be found on the platform. does not provide a trading journal nor do they provide tax accounting tools on the platform. In keeping with the competition, has recently incorporated a ‘Performance Analytics’ tool that analyzes clients trading behavior and past performance.

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