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Hey folks. I'm rather new to Forex and I've been looking for a broker but I can't seem to find one that both works and has a somewhat simple user interface (on mobile) I originally was going to try Oanda after really liking their mobile application, but I found out that even though I'm a Canadian, because I am currently living in South Korea I am unable to use their service. I was looking at finpro trading, hotforex, and simplefx but I can't seem to find many reviews on any of them. I am mostly looking for one with a low minimum deposit and also one with a good (and simple) mobile app, since I'll be doing most of my trading that way (I am often travelling for 2-3 hours a day). Does anyone have a broker they recommend that works for both Korea and Canada?
Need a Good Forex Broker/Platform with Lax Margin Requirements
Hey guys, Newbie prospective trader(UK) here. I have been using the demo account on Trading212 and so far it has been going good. My only issue is, when you open a position, after buying a pair, you start negative since the buy price is always higher than the sell price, right? The thing with Trading212 is that if you're making a loss on your position and it is more than half of your original deposit, they close your position automatically. This is a pain because when I start to use real money, I plan on depositing £100 so if my position goes beyond -50, they close it - even if I know it will rise up again. I have noted that sometimes I may be down -230 or -500 on a position but I still end up with a profit since I put a take profit on all of my positions. Does anyone know any brokers with a very easy to use platform that don't have this issue? I've tried MT4 but I just can't stand the UI. On of the pros of Trading212 is their very beginner-friendly UI. Any help would be appreciated!
When you are searching for the top forex brokers, there are typically a number of variable factors to consider. Usually, the most well-known and trusted forex broker options in the sector tend to be good all-rounders. This means the majority of forex brokers will cater to most of your trading needs. Some brokers focus on fixed spreads. There are indeed 1 pip fixed spread forex brokers out there too. Forex brokers with low spreads are certainly popular. Do take commission and rollover/swap into account as well with such brokers though. What Is The Rollover Rate? Forex positions kept open overnight incur an extra fee. The best forex brokers provide a great blend of in-house market analysis as well as tier-1 quality third-party research. Best Forex Trading Apps. While nearly all forex brokers have offered mobile apps for years, the difference in quality between a great app and a mediocre app is vast. >>Skrill Forex brokers<< Conclusion: FXTradeProfit is a perfect illustration of a scam website – they are not regulated, there is no legit company behind their operations, they do not offer a functional trading platform, but they do offer managed accounts, while acting as market makers. Best Forex Brokers 2020 Forex is one of the most liquid financial markets that attract more investors year by year. By 2019, the total daily turnover is equivalent to $5 trillion, having grown from $1 trillion twenty years ago.
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