Between FXmax and Gainscope

Fxmax is an IB/white label of broker fxcm
Gainscope is an IB/white label of fxdd

We do not know what a safe size means, if a safe size means funds will not be lost then it is impossible, because trading with any broker has the potential for loss / profit.

To our knowledge, many Indonesian traders trade with these brokers.

Thanks.

Good afternoon. What is the minimum deposit amount to FXCM?

To Individual...

You can visit the site in question, but to my knowledge the minimum deposit is $50, however I think this is very risky, especially for those who are new to trading.

Thanks.

Sir, if FXCM which is a dealing desk type is it safe?? Because in FXCM there are 2 options: dealing desk and no dealing desk. Is it dangerous if it's a dealing desk type at FXCM?? Thx

@ Lina:
Both FX Max and Gainscope are representatives of large, regulated brokers, namely FXCM for FX Max and FXDD for Gainscope. FXCM and FXDD (through Tradition Group) have been listed on the NYSE exchange. There have been no problems with these two brokers so far, and as far as I know, many people trade with them with substantial funds.

@ Pristanto:
At FXCM there are 2 execution methods, not 2 account choices (dealing desk or non-dealing desk).
The execution method depends on your account type. If your account type is standard, with funds between USD 50 and USD 20,000, then the execution is done via a dealing desk (DD), while if your account type is premium, with funds above USD 20,000, then the execution is done via a non-dealing desk (NDD).
So you cannot choose between DD or NDD, it depends on your account type. This is indeed an internal company regulation, and there have been no problems with it so far.

There is one Regional Representative of FXCM in Indonesia now, the spread is exactly the same as FXCM directly, only around 1 pip
I trade there, it's awesome

Isn't it wrong to say that FXMAX is a representative of FXCM? The FXCM account there has a large spread, not a low spread but uses the old standard spread type.
I tried opening 2 FXCM accounts at forexbrokerpro and fxmax, and after comparing them, forexbrokerpro has a very low spread, while fxmax has a high spread, more than 1pip larger than forexbrokerpro.

@ Andre Winoto:
As far as I know, fxmax is indeed a representative of FXCM USA.
While forexbrokerpro represents FXCM UK. Regarding spreads, they may differ depending on each company's policy.

FXCM representatives in Indonesia are Forexbrokerpro and FXmax, the difference between the two is:
Forexbrokerpro = FXCM UK account, FCA regulation, Deposit funds enter a Segregated account, Low spread, NDD
FXmax = FXCM Markets account, FXCM Markets is not yet regulated, Funds do not enter a segregated account, Standard spread, NDD

I prefer Forexbrokerpro because it is very clearly safer and more profitable, namely FCA regulated, funds enter a segregated account and Low spread.
I know this because I have opened an FXCM account through both representatives above, so I really know the difference.

are markets-fxcm the same as forexbrokerpro (.com redirects to .net)?

@ Rahmat:

Perhaps the question is whether the prices offered are the same or not. It depends on the affiliate broker, which is the liquidity provider for the broker. If the affiliate broker is the same, the prices offered will be the same.

opening 2 accounts at in forexbrokerpro and Fxmax asia at the same time, is that allowed, sir?
and is fxcm comfortable for scalping averaging?

Is FXCM a good broker for averaging scalping?

@ andy:

In our opinion, it is suitable for scalping, and the spread is also reasonable.