Best company to start

AdamCantor

Member
98 9
The ratings at FPA can be biased, its well know that brokers can buy FPA ratings and enjoy how they block negative reviews on the website. Of course it's not so easy to not get your hands dirty when you get paid for that!!
yes i do get your point but then the same could be said for all review sites. But yes you do have a highly valid point. I just think it is important for people to realise what brokers can offer what and find what suits THEIR trading needs, style and strategies. all reviews should be taken with a pinch of salt; the broker i use is great for me, never had issues whatsoever, yet i am sure there are negative comments about it, even though i personally never had an issue.
 

hatemypips

Established member
587 43
yes i do get your point but then the same could be said for all review sites. But yes you do have a highly valid point. I just think it is important for people to realise what brokers can offer what and find what suits THEIR trading needs, style and strategies. all reviews should be taken with a pinch of salt; the broker i use is great for me, never had issues whatsoever, yet i am sure there are negative comments about it, even though i personally never had an issue.
Of course FPA is trying to seek the best trade-off maintaining mix of genuine stuff which makes their manipulations even more sophisticated and harder to trace! Trustpilot can be a good candidate to search for fair information about brokers too, doubt about others.
 
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walpants

Junior member
20 6
some good advice here of things to look for and watch out for, there are so many out there its a bit of a mine field.
 

Pat494

Legendary member
14,336 1,498
Why not just start with the biggest broker that operates in your country?

They should offer all the services you need, probably with competitive over-heads, and they probably won't be a fake company which disappears to South America with your deposit the next day. Note that while you're a new trader, narrow spreads won't be the difference between whether you win or lose.
But which country is that ? Some are so crooked I wouldn't touch with a barge pole and as for getting a just recompense - no way.
Use a UK one for choice and they have courts where there is some notion of a just settlement.
 

monro00

Junior member
11 2
You should discover to such an extent, as conceivable about the organization you are getting down to business with. Check the guideline and permit, it is critical to counteract potential issues.
 

Pat494

Legendary member
14,336 1,498
It really all depends on how much capital you can raise, knowledge and how much risk you can take.
It helps to have a rich daddy.
My current favourite is to start an onland fish farm. A study has shown that fish caught at sea etc. on average 1 in 3 has ingested plastic. Not only will most of the fish in the oceans die off but the public will no longer want to eat fish.
However large tanks of fresh flowing water can raise clean and healthy fish. I don't know much about the detail but with a rising population this could be a real money spinner.
 

momo3HC

Active member
137 40
It really all depends on how much capital you can raise, knowledge and how much risk you can take.
It helps to have a rich daddy.
My current favourite is to start an onland fish farm. A study has shown that fish caught at sea etc. on average 1 in 3 has ingested plastic. Not only will most of the fish in the oceans die off but the public will no longer want to eat fish.
However large tanks of fresh flowing water can raise clean and healthy fish. I don't know much about the detail but with a rising population this could be a real money spinner.
He`s talking about a broker company but never mind. ;)
 

momo3HC

Active member
137 40
OK, but its all money and that's what's important.
If I was 50 years younger I would do it.
The age never must be a stop for anything mate.
 

CRPA9

Junior member
16 2
The ratings at FPA can be biased, its well know that brokers can buy FPA ratings and enjoy how they block negative reviews on the website. Of course it's not so easy to not get your hands dirty when you get paid for that!!
Yeah always got to be looking for fake reviews.
 

hatemypips

Established member
587 43
Yeah always got to be looking for fake reviews.
So how do you determine whether review is fake or genuine? Do you have any rules or what? Basically my criteria is to see how the review is composed. If it is pure childish complaint then the broker is either pure scam or the trader is newbie. Patient traders are more likely to write detailed review.
 
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