MikBilj: What I have done in the past to test honesty is, opening multiple accounts with various brokers and placing the same trades the amount of manipulation is ludicrous. Pepperstone, axi and fxcm are ones I have tested in the past and its the same thing stop hunting and slippage. GL let me know if you find 1
I'm FXCM's representative here on Forex-TSD. If you feel there was something wrong with the trade execution you received from us, I want to look into this for you. If you post a chart here showing examples of what you mean, I'll be happy to respond on the forum.
I only ask that to protect your privacy you refrain from posting your account number or any other personal details. If such information is necessary to understand the complete situation, you can fill out a trade inquiry form. Then the trade services team can follow up with you personally after completing a thorough investigation.
Yes,this is one way to find a great broker on our part,and know a broker which is not reliable or what.Its a great opportunity for us to share something regarding our broker which will be a grate help for others in choosing what may be a good one for them.Which they may think is the best that will fit their standard in choosing a good broker.
That would be Jesus Christ in person. All the others have their unique devious ways of "skimming" the cream off your trade. Some are downright subtle and are "most helpful & courteous" when you raise your enquiry with them (that's if you ever discover with the really sharp ones that you've been "skimmed" a few pips here and there). Some are outright absolutely blatant cheaters like FXGM & Finexo who would not hesitate to cheat their own mothers in broad daylight.
I think every newbie should stay away from DD brokers. non dealing desk are straightforward. Meanwhile, if you want an honest broker, do not think regulated brokers are honest, some are far worst than unregulated brokers. If you want the best trading conditions in this market, I think the offshore brokers have it. Choose wisely.
i'm trading with TenkoFx now. If you want to start trading with this broker, you can start trading with $10 for the minimum deposit to open real account. I get low spread, the best trading condition and i also get maximal service here.
one way to choose a broker is to perform tests against the broker. You can test your brokers by opening a demo account. Although demo account is not with real money it however gives you access to real trading conditions and allows you among other things to see the spreads of the broker, the speed of order execution, reliability of trading platform, etc. i do it before open real account in TenkoFx with $10 minimal deposit