hi there,
I've been demo trading for a couple of years. Im ready to go live and open a mini account.
I have been looking at reviews of different brokers in such place as forexpeacearmy, overall the feedback seems to suggest that brokers like to trade against you and are out to empty ur account. stops and limits are never honoured! these are comments from clients of big brokers like fxcm & gft! As a new little fish in the big pond this is very discomforting!
Are some of these reviews are from bad traders blaming their tools? Granted some may genuinely have a bad experience.
I cant seem to find a unbiased review that's like, "i emptied my account coz i made some lousy trades, but this broker offers a great platform"
Is it a case that people who are having a bad experience are more likely to complain opposed to another person, where things are running totally smooth?
I have demo traded my plan on these platforms and am able to make a realistic profit. When I have lost a trade I know why I have lost( news, premature entry or just giving in to emotion). I thought brokers make money from the spread so your success is theirs. So its in their interest to keep you in the game. Am I wrong?
As some of you are experienced traders who have taken the rough with the smooth, what's your view? Are brokers really out get me? Im leaning towards a big broker like gft or fxcm, are these safe choices, or am I disillusioned by their glizty marketing and demo platforms?
Thanks for your help in advance.
I've been demo trading for a couple of years. Im ready to go live and open a mini account.
I have been looking at reviews of different brokers in such place as forexpeacearmy, overall the feedback seems to suggest that brokers like to trade against you and are out to empty ur account. stops and limits are never honoured! these are comments from clients of big brokers like fxcm & gft! As a new little fish in the big pond this is very discomforting!
Are some of these reviews are from bad traders blaming their tools? Granted some may genuinely have a bad experience.
I cant seem to find a unbiased review that's like, "i emptied my account coz i made some lousy trades, but this broker offers a great platform"
Is it a case that people who are having a bad experience are more likely to complain opposed to another person, where things are running totally smooth?
I have demo traded my plan on these platforms and am able to make a realistic profit. When I have lost a trade I know why I have lost( news, premature entry or just giving in to emotion). I thought brokers make money from the spread so your success is theirs. So its in their interest to keep you in the game. Am I wrong?
As some of you are experienced traders who have taken the rough with the smooth, what's your view? Are brokers really out get me? Im leaning towards a big broker like gft or fxcm, are these safe choices, or am I disillusioned by their glizty marketing and demo platforms?
Thanks for your help in advance.