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#1 13-02-2012 16:07:33

iwenwcren
Member
Registered: 13-02-2012
Posts: 1

Question about forex

Hello all.

I am a newbie in forex. I am currently looking for some reliable online brokers and so far I have found these three -

http://www.mffx.com
http://www.forexwebtrader.com
http://www.fxopen.com

It will be very much appreciated if anyone can tell me about their trade commission as well as reliability.

Thank you very much.

Regards.

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#2 13-02-2012 22:09:50

climax
Administrateur
From: France
Registered: 21-12-2009
Posts: 152
Website

Re: Question about forex

Of the three broker that you have mentioned, the largest in terms of number of customers, trading volume and reputation is FXOpen.

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#3 14-02-2012 10:00:45

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3068
Website

Re: Question about forex

iwenwcren wrote:

Hello all.

I am a newbie in forex. I am currently looking for some reliable online brokers and so far I have found these three -

http://www.mffx.com
http://www.forexwebtrader.com
http://www.fxopen.com

It will be very much appreciated if anyone can tell me about their trade commission as well as reliability.

Thank you very much.

Regards.

Hi,

Mffx: Never heard of these guys, on their website there's a London address, but they're not even regulated by the FSA (UK's regulatory body)! When I called them, I got the receptionist of the building where they have an office but I couldn't even get through to them as the line was "busy". I would never trust my money with a broker that I can't even reach by phone. What do you do, when your web connection suddenly dies and you want to close an order by phone?!

ForexWebTrader: Those guys merged with Finexo in October 2011, and Finexo is actually featured in our broker comparison page. They're a good broker but as you can see, their spreads are just average at best. Click here for a Finexo brokerage review

FxOpen: A great broker. Haven't heard anything bad about them. Their spreads are better than Finexo/ForexWebTrader's and they match Mffx's.

Out of those 3, I'd go with FxOpen.


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#4 20-02-2012 18:11:07

hagarbu
Member
Registered: 12-01-2012
Posts: 5

Re: Question about forex

I've just heard about FXopen. Start trying a DEMO account.

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#5 28-02-2012 09:32:32

forexalex
Member
Registered: 27-02-2012
Posts: 6

Re: Question about forex

Hi, there, I am also a fresh trader, could anybody give me a useful links about the forex trading? Thanks.

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#6 28-02-2012 13:45:12

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3068
Website

Re: Question about forex

The best would be to go through everything on this page. Read everything carefully.


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#7 18-06-2020 12:42:44

King Leo
Banned
Registered: 14-06-2020
Posts: 7

Re: Question about forex

The forex market is that online place where traders can buy, sell, exchange, and speculate on currencies. This market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and forex brokers and investors. I am also a trader of this market. I always trade with Forex4you,one of the most trustable retail brokers in the market. In forex market brokers are the shadow of the trader. I think this broker helps me in making position in forex market like a shadow of mine.

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#8 18-06-2020 15:12:58

King Leo
Banned
Registered: 14-06-2020
Posts: 7

Re: Question about forex

The forex market is that online place where traders can buy, sell, exchange, and speculate on currencies. This market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and forex brokers and investors. I am also a trader of this market. I always trade with Forex4you,one of the most trustable retail brokers in the market. In forex market brokers are the shadow of the trader. I think this broker helps me in making position in forex market like a shadow of mine.

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#9 21-01-2021 14:43:48

Parker
Banned
Registered: 26-10-2020
Posts: 10

Re: Question about forex

There has been the most number of new traders in forex when compared to cryptocurrencies, and why do many prefer trading in forex even if it requires more time to spend on it?

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