Recent content by bhagesh.nair

wow.. this post looks legit 😆

Well, i meant as a newbie or a small time trader, reviews of certain brokers always help. Once you are in the business, you can slowly figure where to put your money and where not to.

Every broker is a market maker as long as they have their dealing desk. However some brokers claim they do not execute trades on the dealing desk and are 100% STP/ECN, but you can never be sure of this. Try and do some research online, read some reviews, find out about the bodies that regulate...

Well thanks for explaining the essence of the market making business for all the readers. But in the real world scenario, the number of traders engaged in any trade is insanely high. And we are specifically talking about retail traders here on this forum, and by manipulation i mean The broker...

Sorry, if i came across as arrogant mate. But your statement in the earlier post really seemed like that of a noob. You really think spreads are not manipulated by the brokers and liquidity providers?

When you are a basic retail trader, with an account fund of Sub $5000, brokers tend to put you on variable spreads. The rates can highly differ from broker to broker, depending on the depth of their liquidity. However, you can always negotiate the terms and spreads with the broker before opening...

When you say "good trader", what are you exactly expecting? There are traders who use insane drawdowns and get you over 20% returns a month, but will eventually blow up your account in a couple of months. And on the other hand there are regulated wealth managers, who have solid MAM and PAMM...

If a broker does not agree to board you under a highly regulated body like FCA, ASIC or CySec, if you live in the regulatory jurisdiction, run away from that broker. Always ask for an STP/ECN account as a trader with the broker. In unregulated jurisdictions, chances are your trades are executed...

Of course, I see no problem.

Well, Thats a million $ question. If someone cracks that code, trust me, you will never get the answer on a public forum like this one.

You must be new

there are in the UK, and definitely regulated by FCA. You wont get a leverage of over 1:30

alright. Good to know

For me, the most important would be the regulation and the customer service. And of course a True STP/ECN broker. Spreads and leverages can be negotiated depending on the funding and the account type with the broker.

i have heard about Forex Brokerz taking money from some mainstream brokers as a fees for writing favourable reviews.