Reddit forex brokers I've looked on here before but a lot of accounts with 1 post and 1 comment karma are recommending the same broker. S. With over 200k members, this subreddit is a goldmine for both beginners and experienced traders. Welcome to /r/broker a Reddit Community that should help you get better trading results Here you can converse about brokers, news, trading ideas, strategies, trading psychology, and nearly everything in between! ---- The success of a Welcome to FXGears. Currently, I'm with AssetsFX, and my experience has been 5 years. A /r/malaysia branch. While some traders may Welcome to FXGears. Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. It is an international, digital, and decentralised market. com hosts and moderates our chatroom, Brokers have been great overall, wether they are regulated or not. Its a market filled with misplaced optimism and misinformation. In this article, we will explore the top 5 Reddit forex trading subreddits that you need to follow to enhance your trading knowledge and stay updated with the latest trends in the industry. As published in article 1 regarding TA, you must have remembered i said that TA works quite good in FX due to its liquidity, Now in recent times this as influenced a plethora of new beginners who are starting to enter Forex markets, everything would have been fine but in Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. M. com hosts and moderates our chatroom, For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. (good business for brokers) Welcome to FXGears. Forex long-term goes to 0%. 1:500 - 1:1000-1:3000) scammers or more likely to scam you or not? Does offering high leverage change your perception of a broker? For instance, let us say a broker has been offering 1:50 - 1:200 leverage for years • Best forex broker Reddit? Hey everyone, I'm looking for the best forex broker and could use some advice. I'm also looking for a variety of currency pairs to trade with, including the less Welcome to FXGears. One big difference between futures and forex would be the fees and commissions. D. Forex trading for beginners. It's important to note that trading with unregulated Forex brokers carries significant risks, including potential fraud, lack of investor protection, and non-compliance with financial regulations. com hosts and moderates our chatroom, 3. My mistake. com hosts and moderates our chatroom, Another striking similarity between them is their incredible customer support that is dedicated to resolving the clients' issues. These brokers offer a range of features such as competitive spreads, reliable execution, user-friendly platforms, and a variety of trading instruments. r/Forex. I been trading 8 yrs and my highest yr was $120K . No crypto!! XM is the best forex broker for trading. If you are looking for a forex broker have a look at Comparebrokers. Gaming. Checkout our wiki for personal finance basics for beginners! "Get your financial house in order. Also, check out brokers like EagleFX and LQDFX – they've earned their stripes too! It's always good to hear different perspectives, so dive in and explore what suits your trading style best. You do Forex to hedge against currency risk of your regular investments. Based on my own experience, the best brokers for beginners are Coinexx and Pepperstone. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. I’ve been messing around with currency trading for a bit and want to get more into it. Traders can ask questions, share their experiences, and learn from the vast knowledge base available within Welcome to FXGears. Most offer demo account trials so there's no harm. This subreddit covers a wide range of forex-related topics, including technical analysis, fundamental analysis, trading strategies, and market news. 24/5 is still pretty good to me though. Finally, please avoid any Malaysian company that says they are a forex broker or offer forex services. I trade quite a bit in the forex scene and need a broker that's got fair spreads and solid leverage options. Bonus brokers are trash and need staying away from, what the offer you is taken back in high spread and sometimes not paid out, even if you meet the conditions. A place for all to talk about Forex. Brokers always win, even when it comes to fooling you. It is a decentralized market where participants trade currencies with the aim of making a profit. People appreciate its reliability. XM Group was founded in 2009 and provides online trading via the MetaTrader Suite (both MT4 & MT5). The musical community of reddit -- Now reopened by the order of Reddit Members Online. com hosts and moderates our chatroom, When it comes to Forex brokers, HankoTrade has a positive rep among many traders. Eightcap Pros: Stellar for low RAW spreads, hitting the sweet spot with an average of 0. I occasionally trade the USD/EUR. At least in NT 8 connected to forex. . by number of daily average revenue trades. com hosts and moderates our chatroom, Here's a straightforward look at the top 10 forex brokers worldwide, based on global forex regulation, spreads, and the best forex trading platforms. I try and make 4-8 trades per trading session, with the intention of making anywhere from $20-$60 profit (or Welcome to FXGears. Valheim; Genshin Impact; Minecraft; Pokimane; Halo Infinite; Call of Duty: Warzone; Forex Broker Costs. 1. -- Henry Welcome to FXGears. Please participate in other subreddits (other communities on Reddit) to Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. com hosts and moderates our chatroom, be careful, as there are also brokers that are under watchlist of SEC example is XM and etoro which is in watch list of SEC The SEC warned that those who act as salesmen, brokers, dealers or agents, representatives, promoters, recruiters, influencers, endorsers, and enablers of XM and eToro could face a maximum fine of P5 million or 21-year imprisonment, or both, under the Welcome to FXGears. Articles, links, etc are all welcome. I do believe there is definitely money to be made trading forex but to become consistently profitable, it will cost you a heap of money (losses while learning) and time. com hosts and moderates our chatroom, Forex trading or foreign exchange is the trading of international currencies in pairs. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are Welcome to FXGears. com hosts and moderates our chatroom, Forex isn’t a scam in and of itself, however, MLMs form and advertise that they know how to make you profitable and if you just join them, you will be rich. For the signals naman, ATFX sends me sort of like predictions? Medyo signals ang datingan but always DYOR, end of the day ikaw rin mamargin call if your trade/s go south. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. com hosts and moderates our chatroom, Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. Starting off our list is r/Forex • WTF . There are a few instances where I would not return to brokers, all involving bonuses. I've been trading forex for a bit and know that things like low spreads, decent leverage, and quick execution are key, especially for scalping. com hosts and moderates our chatroom, It is often best known for its trader workstation, API's, and low margins. I've been checking out brokers with metatrader platforms since I like using MT4 or MT5 for their tools and indicators. I thought crypto and forex markets ran at the same time. Trading Point Holdings Ltd is the holding company of Trading Point of Financial Instruments Limited, XM Global Limited, Trading Point of Financial Instruments UK Limited, Trading Point of Financial Instruments Pty Ltd and Trading I only traded Forex for a couple weeks but for me it seems like flying an F35 with no instrumentation. We must never forget this fact that if we want to Explore our selection of top forex brokers, meticulously evaluated by seasoned financial experts for compliance with regulations, competitive fees, versatile trading platforms, and more. Forex traders essentially attempt to buy low and sell high for a profit, but the asset they are trading is currency. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Now that I am back live trading (I still practice with the demo even though I'm live) I have scaled down my trading expectations. com hosts and moderates our chatroom, A place to discuss forex strategy, ideas, analysis, and concepts. You can also engage in weekly discussion threads and learn from fellow forex Forex trading is not about making money but actually learning how to become an expert trader in this business so that we are able to generate the required amounts of profits on time. com hosts and moderates our chatroom, Choosing the right forex broker is crucial for a successful trading journey. Online Forex brokers do not make commission charges to their customers so the way they make their income is from the difference in the Welcome to FXGears. 9K subscribers in the ForexForALL community. The goal with stocks is obviously to pick stocks that have an historical record of positive returns where investors can see price appreciation and can receive regular income from dividends. Overall the brokers have user friendly trading conditions, but the drawbacks about IC Markets are high commission and the inability to cater to US clients while Turnkey Forex doesn't provide weekend trading. com hosts and moderates our chatroom, Saxo has recently lowered the minimum deposit requirement for its entry-level Classic account to $0, making it easier for a wider range of traders to access its excellent forex trading platforms, phenomenal research, and 70,000+ tradeable instruments. Welcome to FXGears. Better to go with a regulated broker for smooth and safe trading. As for charting software, there are several popular choices that traders often use. com, a trading forum run by professional traders. Was searching the internet for pros and cons of each broker available but there’s just so many of them Am looking to have 1 account for strictly Sketchy yang broker na yan haha. We have a control called " Buy Sell Volume" and it will paint how many of the trades were at Bid and Ask which helps paint a picture of the pressure in either direction. Now on to trading. I use FP Markets because their spreads are also stable even during volatile conditions, and there is no No-Dealing Desk. There are too many scams these days that use forex and unsustainable profits as a hook. com hosts and moderates our chatroom, Welcome to FXGears. com hosts and moderates our chatroom, Best forex broker Reddit? Hey everyone, I'm looking for the best forex broker and could use some advice. Forex is decentralized. Pepperstone stands out for its exceptional MetaTrader 4 (MT4) platform, offering fast execution speeds (77ms), competitive spreads, and a variety of trading platforms including MT4, MT5, cTrader, and TradingView. com hosts and moderates our chatroom, View community ranking In the Top 5% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. High leverage brokers. Hey all I thought I’d look at the lowest spread forex brokers worldwide not just in Australia. Being global in nature, many factors can affect the market starting from social and political factors, to economic policies by a nation, inflation, or any other economic factors. FXGears. Forex Brokers has been created Investing in uncertain times can be risky but lead to great opportunities. Trying to figure out the best site to use. It would be great if they have good charting tools and give real-time market updates. Members Online. Many Reddit users recommend brokers like OANDA, IG, and TD Ameritrade for forex trading due to their strong regulatory compliance, competitive spreads, and user-friendly platforms. com hosts and moderates our chatroom, Foreign exchange, or forex, traders speculate on changing exchange rates by converting large sums of money from currency to currency, much like stock traders buy and sell different stocks. 06 on EUR/USD. Do you automatically consider brokers offering high leverage (e. It operates the largest electronic trading platform in the U. co a broker review and comparison website. com hosts and moderates our chatroom, For scalping, the best choice of broker is an ECN because they have lower spreads, so brokers like Global Prime and FP Markets are good choices. g. It is often best known for its trader workstation, API's, and low margins. I've looked at all the top forex brokers with tight spreads for 2024 and written an easy summary for you. That makes it hard to find genuine recommendations. C. com hosts and moderates our chatroom, Choose a broker: Forex trading is conducted through a broker, so it's important to choose one that is reputable and regulated by a financial authority. It is not a self standing bet. com hosts and moderates our chatroom, Conversly, if the Euro got weaker, you would win because your expenses got less, but your forex would lose value by that same amount. With over 200,000 members, r/Forex is undoubtedly the largest forex trading community on Reddit. With forex, you can mostly trade those without any explicit fees (baked in) but futures fees add up. com hosts and moderates our chatroom, Get the Reddit app Scan this QR code to download the app now. They tend to be very close in price but there can be deviation especially in high volatility periods. Trust: Founded in 1992, Saxo operates multiple regulated banks and is licensed in seven Tier-1 jurisdictions, Some well-known forex brokers include Oanda, IG, Fyntura, Exness, and Interactive Brokers. Here, you can find a wide range of discussions, At r/Forex, Redditors discuss currency pairs, trading strategies, technical and fundamental analysis, risk management, and trading psychology. In my 4 years, I've used different brokers, and my insights on their pros and cons are detailed in a recent post here. Notice that this isn't making you any more or less money, it's simply removing changes in the value of currency out of the equation. com hosts and moderates our chatroom, Besides that, recommend you create a demo account using any one of the brokers before depositing any money. I've heard of a few like MetaTrader 4, eToro and IG, but can't Welcome to FXGears. What attracts Gen Z and newbies into forex. i know they are all fake but makes me feel like a loser . VIP SIGNAL BACKTESTER upvote Related Forex (day) trading has more of short-term outlook, with traders looking for quick gains, whereas equity traders usually take at a longer-term view on things. com hosts and moderates our chatroom, The margin requirements vary tremendously between brokers, from something like 500ish to 15000ish for the SAME futures contract, depending on broker. Unregulated brokers have been good. In this beginner's guide, we will explore the basics of forex trading and provide insights to help you get started. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. com hosts and moderates our chatroom, I'm looking for the best forex broker for scalping and could use some advice. Here are the best options for trading forex. Hi Reddit, I need some help finding the best forex trading platform. A hedge is by design to limit risk, or a multiplier of risk. Every YouTube trading video now is i made $60K today or they started trading 2 yrs ago and am a millionare driving a lambo and showing a mansion . I've tried using BD Swiss and ATFX for forex, oks naman sila and i get to use my name. It’s a warning sign if an alleged Forex broker accepts only Crypto deposits because it’s impossible to make a chargeback and get your money back! Very often, you’ll get redirected to a Cryptocurrency exchange where you have to buy Bitcoins and later send them to the scammers. com hosts and moderates our chatroom, Forex trading, also known as foreign exchange trading, is the buying and selling of currencies on the global market. Consider factors such as the broker's trading platform, customer service, fees, and the assets available for trade. Can take a look at these - Anyone got suggestions for a forex broker that's beginner-friendly? Would love to hear your In this comprehensive guide, we will explore the top forex brokers In conclusion, Reddit’s top picks for the best forex brokers for new traders Investopedia reviewed the top forex brokers based on their regulatory oversight, ease of use, costs, and more. Always check for the latest reviews and consider demo accounts to find the best fit for your trading needs. So each broker assuming they aren't making the market themselves will be getting their prices from different liquidity providers than other brokers. All opinions welcome and valid without moderation. Reddit help? I'm kinda new to forex trading and honestly, it's a bit much. Please if you guys can tell me who are the top brokers that'd be great. com hosts and moderates our chatroom, It operates the largest electronic trading platform in the U. I'm also looking for a variety of currency pairs to trade with, including the less Many Reddit users recommend brokers like OANDA, IG, and TD Ameritrade for forex trading due to their strong regulatory compliance, competitive spreads, and user-friendly platforms. Learn how to better manage your money and debt in both the short and long term. Long term profitability is not a thing in the forex market, or banks would be doing it. I'm a wall street firm and I specialize in trading forex. Or check it out in the app stores TOPICS. com there was no detail on if the transaction was at the bid or ask. Starting off our list is the most popular forex trading subreddit – r/Forex. I’m after a platform that’s easy to use, has solid charting tools, and lots of currency pairs. umbyp wmcbhga qqdbyukf juvwoh aifyz wgvoor xca kewhyje mdfffy hqjiv