Which Foreign Brokers Are Solid And Support Micro and Mini Accounts?

Broker Account
03 Sep 2013, 02:33 3,647 Views
In one of the articles titled how to read the strength of buyer vs seller.. there is the following sentence;

Try to look at the first page of this seputarforex site.

Observe the data presented clearly there. Found it? Yes, that's the sentiment and buy-sell ratio data.

Where is it.... I can't seem to find it

There is also an article related to brokers but I forgot the title, it was said that FXCM and FXDD brokers are included in the scam category.... can you explain further.

Because in the midst of the turmoil of scam broker signals like masterforex, intaforex, etc (some comments in the forum) that can make you lose confidence.... I try to find a broker that can be used as a support.

As someone who is learning to trade, it is fortunate to become a trader who is choosing and sorting out which brokers are worth visiting, especially for prospective traders like me, or should be avoided.

Perhaps some reputable international brokers can be recommended that support micro and mini accounts because of limited funding, as well as the ease and speed of deposits and withdrawals

please advise

thank you

2 Answer

R
Rachmat 03 Sep 2013, 02:33

For market sentiment or buyer vs seller strength please visit buy/sell ratio table.

The number of brokers or brokerage firms is a choice. Choosing a broker is the trader's right. The main thing in choosing a Broker is to adjust it to the financial condition you have.

There are brokers that limit trading systems, minimum deposit limits, methods of depositing and withdrawing funds, and the speed and duration of depositing and withdrawing funds. The size of the price spread offered. Regulated or Unregulated, frequent requests occur when the price is running (moving fast). There is swap or free swap, all of this is proof that each broker has its own advantages and disadvantages.

Our advice is to choose a broker that is close to what you expect, adjust it to your financial condition. Choose a broker that offers free swap, be careful with your religious rules.

Thanks.

M
martin 12 Apr 2017, 05:05

@ Heru Purwanto:

FXCM and FXDD are not scam brokers. These two brokers are among the world's top forex brokers regulated by credible regulatory bodies. Perhaps it could be included on which page it mentions that these two brokers are scams, because as far as I know, this SF website has never mentioned that.

For the security of your trading and funds, we recommend choosing a broker that has been regulated by a credible international regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

A credible regulatory body is one that has been tested and internationally recognized, and imposes strict sanctions on brokers if they violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.

If you are interested in trading with a broker that is not regulated by the above regulatory bodies because you are attracted to its facilities, bonuses, etc., it is okay as long as it is not with a large amount of funds.

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