Forex Trading Reviews 2024 - Avoid Scam Brokers

My experience of trading with Gaohua Securities is overall positive and I think it’s suitable for long-term investments. It was established over 20 years ago and is regulated by the state authority, which ensures its high reliability and integrity. Stocks and investment funds are a priority for me and Gaohua Securities applies a quite common fee scheme for them which is 2% of the position size charged for every trade. There are no account maintenance or other hidden fees. Telephone support is prompt and high-quality.

I can honestly say that Eightcap’s one of the best economic calendars I've ever used. It's a great way to stay up-to-date on the latest news and events that can impact the forex market. The calendar is easy to navigate, and it shows you the upcoming economic events, their estimated impact (low, medium, high), and the currency pairs that might be affected. You can see events like the Chicago Fed National Activity Index and the Westpac Consumer Confidence for Australia. This info is all really helpful for planning your trades. Recently, I used the AvaTrade calendar to see what economic data was coming out for the US dollar (USD). There was a big report on retail sales coming up, and AvaTrade predicted it could have a high impact on the USD. I decided to hold off on a trade I was considering until after the report was released, just in case it caused a lot of volatility. Turned out to be a good decision, because the USD price moved a lot after the report came out.

I decided to test the waters with AvaTrade by using their demo account, and I must say, the experience was quite good. It helped me get familiar with the platform and how trading works. Now, I'm considering transitioning to a real account. However, my final verdict hinges on how smooth the deposit and withdrawal processes are. If these aspects meet my expectations, AvaTrade will definitely earn a 5-star rating from me. Otherwise, it might drop to 3 or 4 stars. Nonetheless, I appreciate the overall experience and commend the team for their efforts.

XTB’s platform works perfectly, there are almost no slippages or requotes, and execution is usually instant, which significantly increases the chances of profit. Few brokers can boast of such a high-quality platform.

FXGlory is one of the few brokers who remain trustworthy. It offers comfortable trading, confidence for your money, fast withdrawals, and responsiveness. These factors are worth a lot in our time. I haven't seen any downsides at all. I like everything here.

More than three months have passed since I traded with RoboMarkets. I want to say that this company is good. I like its support; they are quite competent specialists. I am pleased with the work of the technical department — they quickly respond to requests and explain everything politely and clearly.

I've tried trading through TD365 with both floating and fixed spreads. The MT4 platform is more convenient and familiar to me, so I ultimately settled on floating spreads. The broker doesn't charge any additional trading commissions. There are also no currency conversion fees when the base currency of the account and the traded pair do not match. The broker warns that the choice of available payment systems depends on the client's country. Cryptocurrency transactions and funding via bank transfer were unavailable to me. I deposit funds from my card, and there's no commission for this. The currency choice is average, but most of the ones I need are there.

I’m sure that choosing a stock broker is the key to successful investment. That is why I carefully studied Gaohua Securities’ conditions before registering with this broker. Its technological platform provides convenient access to various financial assets and advanced market analysis tools. Fees are well structured and I like that there is no minimum fee rate. Technical support is responsive and professional, it solves my problems and always responds quickly.

I came on board through my colleague's referral link, and he had nothing but praise for this broker. Now, after some time, I can say I largely agree with him. There are indeed plenty of assets, essentially everything I need. I trade without platform limitations. I scalp when I want, hedge, or even use advisors. I registered as a signal provider in copy trading. It works like clockwork, bringing in additional income. Supportive guys are in technical support and no complaints about their competence either. Unfortunately, there's no call center, which is a bit odd for me. Traders are left without support on weekends. The trading process itself is streamlined, and orders are executed in milliseconds. Regulation and segregated accounts are important to me. There are three regulatory bodies, all quite authoritative. And my money is kept separate from the company's funds.

I opened an AMarkets account cause they offer a variety of assets to trade. That's true for stocks and forex, but the crypto selection seems a bit limited. They have the big names like Bitcoin and Ethereum, but what about some of the newer altcoins? The market's always evolving, you know? Would be nice to see them add more options in the future.

I’ve made some decent trades with OctaFX, but it took me longer than expected to withdraw my profits though. Their customer support was helpful eventually, but it took a few back-and-forth emails to get everything sorted. Not sure if this is normal or if I just ran into some glitch. Definitely something to consider, especially if you're looking to get your money out quickly.

I’ve been working on the Pro account with MYFX Markets for three months. I have no complaints and I hope that won’t change. I trade on MT4 and can note that it responds to commands quickly, thus there are almost no slippages. I like its wide range of currency pairs, as I like exotic pairs in addition to the most popular ones. There’s a lack of contests and promotions to receive trading bonuses. I don’t like the lack of functions in the user account either. I wish I had access to my trading statistics rather than searching for them on the trading platform, which is not always convenient. Also, there are no online tools, such as a margin calculator or economic calendar.

Normal broker. However, it is gradually moving away from microtrading. On the plus side, it is really regulated and fulfills the requirements of regulators.

Five months ago, I opened an ECN+ account and deposited $3,000 to qualify for a free virtual private server. Currently, I maintain a stable balance and trading volume, resulting in no additional charges for the VPS. I trade both independently and with advisors, as the broker charges no restrictions on strategies and methods. Unfortunately, the platform doesn't offer actual assets, only contracts for difference (CFDs), but that seems to be the norm nowadays. However, with over 300 CFDs available, one can confidently create diversified portfolios. The leverage is immense, up to 1:1000, although I limit myself to 1:10-1:50. As for fund deposits and withdrawals, they're almost always prompt. There was a slight delay once, but nothing significant. Overall, the broker is seasoned and reliable, though not perfect, but then again, perfection is hard to find.

I learned about Key to Markets at the end of last year, but for some reason I didn’t try to start trading there. At that time I was trading with another broker, but recently that company disappeared together with my deposit. I thought for a long time whether to continue trading Forex. I decided to try my luck again and started looking for a broker. I remembered Key to Markets and made a minimum deposit. I have already withdrawn my profits 3 times. I hope that this time everything will be fine for me.