BusinezzTime ©

BusinezzTime ©

dinsdag 6 januari 2015

3. My experience with (forex)brokers

Dear fellow traders,

Today I will tell you some of my history with different brokers and what was positive and what was negative.

As I wrote before, I began trading at plus500. In my opinion it is still a very good broker. Everything is clear and the platform to use is very easy and so it made the trading easy. But the negative aspects are that the executions sometime went slowly as also that plus500 works with full pips. This means it goes from 1.2455 to 1.2454 and not like other MT4 brokers from 1.24554 to 1.24550.

Because of this reason, I went searching for a broker that would fulfil all my wishes. At this time I was not really paying attention to spreads. After not as much research as I wanted, I got to Forexyard. Forexyard is a good broker, has good execution times and has some nice platforms. But then the negative aspect, their online trading forum what I also used at my phone gets stuck or doesn’t load. It is sponsored by Sirix and I got errors all the time. So, I went... again and stopped trading for about two years.

Now I am trading since September again. But had already many brokers. This is because I wanted to test them, how is their support and execution and what do they offer (platforms, bonus).

The traders I had since are: 

Exness

Positive
Quick execution
Good platform

Negative
Handling fees

AAAfx

Positive
Good spreads
 
Negative
Support

HiwayFX

Positive
Quick execution

Negative
Support 

Markets

Positive
Support
Bonus

Negative
Online platform
Spreads

All brokers have negative and positive aspects. The broker I would like to test sometime is FxPro because I hear positive feedback about that broker. Also I would like to use Exness one more time to test not only their platform, but also their signals.

Next time I will write about my experience with Zulutrade. Other items I will also write about are bonuses at brokers, free and paid (forex)signals, analysis, useful sites and many more!!

See you next time.

Have a nice day.

Kind regards,


Vince Roestenburg

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