I cashed out what little was left after this fiasco.
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After receiving the payment from them I felt the need to let everyone know that they do indeed pay out. This withdrawal was a split on the account, half of which belongs to my brother in law, so the other half of that balance was transferred to my other TW account.
Posting Trades Want to post a trade? Users posting empty trades will find them removed. You must be willing to explain your analysis and reasoning for the trade. Please do not ask for trading advice. Do your own analysis. Crypto There are a plethora of subs devoted to the various crypto topics. This sub deals with fiat currencies backed by governments. Refrain from discussing crypto. Also, any conspiracy thought about crypto replacing Forex is considered a troll post and will see that poster escorted out.
Memes Memes are really not that welcome here. Please keep them to the weekend discussion thread only. Mods reserve the right to remove any posts without explanation a community for. So, if you intend to invest a large amount of money, we would advise you to select among brokers regulated by the respective authorities in the abovementioned states.
The broker states on its website that it keeps client funds and company money separate and that it employs strict AML and KYC policies to support international efforts against money laundering and inappropriate usage of funds.
Most offshore brokers do not require high initial amounts, which is reasonable, considering the light touch regulation, if any. Fixed and floating spreads offered on its commission-free accounts are both average, as fixed ones are 2 pips and the broker quotes as typical variable spreads of 1. In comparison, ForexBrokerInc offers variable spreads from 1 pips on its commission-free accounts.
This basically means that the average trading costs amount to around 1 pips, commission included. For further information, you may look up and compare real-time spreads of 15 leading brokers can be checked out here.
More forex brokers offering leverage equal to or exceeding 1: Traders, however, should be aware of all the risks associated with trading on margin — higher leverage levels may lead to heavy losses, exceeding initial investments. That is why many jurisdictions set limitations on leverage, which are considerably lower, for instance 1: Fast order entry and execution speeds, direct order entry via charts and Level II pricing are just some of the reasons why many traders today choose cTrader as their go-to platform.
MetaTrader 4 is preferred by most experienced traders, because it is equipped with an advanced charting package, a number of technical indicators, Expert Advisors EA and extensive back-testing environment. MT4 also provides a built-in social trading service - Trading Signals.
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