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Help me to choose a broker -- Oanda, FXCM, forex.com, FXDD

Hi all,
I posted this thread on a Forex forum, I re-post it here hoping to get more advice.
I live in China, and I'm a newbie to Forex trading. I plan to deposit 5,000 USD to experiment Forex trading after I get used to the demo account. After I'm OK with 5K USD, I may invest not less than 10K.
I'm struggling to choose a broker, here are my criteria,
1, Allow hedging. I'm 100% wanting this. Indeed I'm not going to hedge the same amount of money at the same time to earn quick money (which is often used in big news event). What I want to do is, I have a long term position which will be there for several weeks, then I do some short term positions (intraday or several days). That's possible that I have two positions in two directions at the same time.
2, Money safety. During my Googling, I found that some brokers close a trader's account just because he/she earns too much money.
3, 100:1 leverage. 50:1 is not too bad but 100:1 gives me more flexibility.
4, Prefer to NDD (ECN or STP), but DD and MM is acceptable if money safety is guaranteed.
5, Regulates with NFA or FCA.
6, Support depositing using credit card. This is cheapest way for me, at least cheaper than wire transfer.
7, Easy to open an account. I prefer to open an account via internet only so I don't need post a lot of certifications to the broker.
The other points except 1 are tolerant, but I really want point 1 and I think it will be important to me.
Now comes to the brokers I've done some research on. I've checked a little with Oanda, FXCM, forex.com, and FXDD.
Oanda, the most money safety one. 50 leverage. However, it doesn't allow hedging.
All other brokers in my list are not as same money safety as Oanda.
FXCM, the one that's really annoying me is the margin. Why margin for a lot of EURUSD is $750? That's really weird and is not connected to the real price. Can any one explain to me?
Forex.com, as big as FXCM, but in the event that ECB put down the interest to 0.25% at Nov.7 this year, a lot of Chinese traders get network error and lost money. That scared me.
FXDD, not as old as Oanda, and not as big as FXCM and Forex.com, and registered in Malta...
So, what's your advice of a proper broker for me? The one not on my list is OK too.
Thanks
EDIT: another disadvantage of Oanda is that they have 6 candles a week, but it's a trivial problem since I can use other broker's MT4 for technical analysis.
submitted by wqking to Forex [link] [comments]

Forex Brokerer: High Leverage 100:1 (USA Clients)

What is the best forex brokerer for high leverage. I am looking for anything over 50:1.
It seems that there is some type of rule that only allows USA brokerers to offer their clients 50:1 leverage while foreign countries such as Canada offer their citizens up to 500:1 leverage.
Does anyone know of a legit off shore forex brokerer that allows USA clients with leveage of 100:1 or above?
Any suggestions will be greatly appreciated.
Thank you.
submitted by Infinite-Carrot1664 to Forex [link] [comments]

Tam 1 yıl önce 100.000 TL ile yatırım yapsaydınız, Ne Kadar Kazanırdınız ? www.brokerspark.com #FOREX #forextrader #Crypto #Centralbanks #broker #Banks #NewsUpdate #Goldman #gold #altın #yatırımcı #yatırımlık #faizkararı #tcmb

Tam 1 yıl önce 100.000 TL ile yatırım yapsaydınız, Ne Kadar Kazanırdınız ? www.brokerspark.com #FOREX #forextrader #Crypto #Centralbanks #broker #Banks #NewsUpdate #Goldman #gold #altın #yatırımcı #yatırımlık #faizkararı #tcmb submitted by BrokersPark to u/BrokersPark [link] [comments]

30% of Forex brokers and platforms are now based offshore. Most are doing so as a growing trend of legal tax avoidance, but roughly 100 are professional scammers. Find out who wears black and white hats here...

submitted by FlamingoFarts4You to OffshoreScamAlerts [link] [comments]

so this is how leverage margin works in Bitcoin (forex broker). 1 unit is 100,000 so if you use leverage of 100:1 to short or go long in any crypto you just need Less money to execute the trade but leverage is dangerous

so this is how leverage margin works in Bitcoin (forex broker). 1 unit is 100,000 so if you use leverage of 100:1 to short or go long in any crypto you just need Less money to execute the trade but leverage is dangerous submitted by srinivasanistrading to WallStreetBetsCrypto [link] [comments]

A trusted forex broker providing more than 100+ products for trading

A trusted forex broker providing more than 100+ products for trading submitted by FinowizLimited to u/FinowizLimited [link] [comments]

100 Forex Robot brokers currently used by our Expert Advisor trading clients. Check your broker.

100 Forex Robot brokers currently used by our Expert Advisor trading clients. Check your broker. submitted by emadbably to OptionsInvestopedia [link] [comments]

anonymous forex brokers?

title. switched from crypto to forex because i was told it was more "stable" and less risky
submitted by Squibbledubz to Trading [link] [comments]

Forex Scam Alert:Kwong is a scam broker! The investor wanted to withdraw $100,000 from his account but Kwong demanded that he must first pay 10% tax and a 3% NBFI AML fee. By the time the investor had completed payment, Kwong had already run off with the money!

Forex Scam Alert:Kwong is a scam broker! The investor wanted to withdraw $100,000 from his account but Kwong demanded that he must first pay 10% tax and a 3% NBFI AML fee. By the time the investor had completed payment, Kwong had already run off with the money! submitted by FxGecko to ForexForALL [link] [comments]

Beat Forex Brokers for Canadian!

submitted by Acceptable_Skill_142 to Forexstrategy [link] [comments]

Anyone ever received this message from Interactive Brokers regarding forex transactions? is that normal? What can I do about that? Thanks

Dear Client,
Our records indicate that you have recently used your account (XXXXXXX) to primarily convert deposited funds to another currency and then withdraw those funds. IBKR offers currency conversion as a convenience to clients who largely trade securities or commodities. Please use your IBKR account for investing in securities or commodities, in order to avoid restrictions on your ability to convert currency.
submitted by StrikeNew8104 to interactivebrokers [link] [comments]

Which Forex Broker offer 100% bonus?

Hello everyone, I am thinking about Starting Forex and I've $1000 but I'm looking for a broker who offers 100% bonus on first deposit and also offer some kind of loyalty program.
Another question is what leverage is good for a new trader like me?
submitted by vivey1301 to Fazzaco [link] [comments]

Don't just throw money at Forex brokers

Don't just throw money at Forex brokers
yes don't throw money at scam forex brokers. By doing a simple research on wikifx website about the broker before investing your money, you can be saved. Head to the sutenow and carry a simple research. https://www.wikifx.com/en/search.html?gip=TGal11
https://preview.redd.it/68fcal2pdr5a1.png?width=941&format=png&auto=webp&s=38b4703046757d067746c9a73353341b69d548a1
submitted by itzgiwaproFX to u/itzgiwaproFX [link] [comments]

WikiFx App - Search unlimited amount of Forex Brokers

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submitted by AdvertisingThis1424 to u/AdvertisingThis1424 [link] [comments]

Biggest Platform to check Forex Brokers

Biggest Platform to check Forex Brokers
WikiFX is an Institutional standard platform to check Forex Brokers and other Financial Institutions before making any Investments, in order to be sure you're not investing into the wrong hands. The platform is a full complaint platform with over 30 regulators and over 42,000 brokers collected worldwide.
https://www.wikifx.com/en/search.html?gip=TGal18
https://preview.redd.it/62arvcpgtn5a1.png?width=521&format=png&auto=webp&s=4c1c0fbaf2ee52f06c71331f083e27f88bf3e402
submitted by Possible_FX_11 to u/Possible_FX_11 [link] [comments]

Forex Scam Alert:Kwong is a scam broker! The investor wanted to withdraw $100,000 from his account but Kwong demanded that he must first pay 10% tax and a 3% NBFI AML fee. By the time the investor had completed payment, Kwong had already run off with the money!

Forex Scam Alert:Kwong is a scam broker! The investor wanted to withdraw $100,000 from his account but Kwong demanded that he must first pay 10% tax and a 3% NBFI AML fee. By the time the investor had completed payment, Kwong had already run off with the money!
According to the investor's complaint, he had been trading forex on Kwong using MT4 for over 3 months. When he requested a withdrawal of $100,000 from his account, Kwong demanded that the investor had to pay 10% tax upfront, so he did.
Two weeks later, the investor asked Kwong why his money had not arrived. Kwong's excuse was that the investor's account was under supervision as this was the first time he had withdrawn a large sum of money, then he was required to pay 3% for NBFI anti-money laundry Organization to release the money.
When the investor had completed all payments, no one had responded to his withdrawal request and Kwong closed the website and his account. The investor deposited $41,000 using a bank wire transfer and USDT Coinbase.
Complaint details: https://www.fxgecko.net/complaint/7601.html
FxGecko APP shows that Kwong has a rating of only 3.7, has been established for less than 1 year, and is not regulated, so the safety of investors' funds is not guaranteed. The platform's website is currently unavailable. Please stay away from this forex broker.

https://preview.redd.it/zche0itog6h81.png?width=751&format=png&auto=webp&s=80821d9477148976522d40f2f1d460c6f1da0679
FxGecko reminds you that forex scam is everywhere,you'd better check the broker's information and user reviews on FxGecko APP before investing.
You can also expose forex / crypto scams on FxGecko, FxGecko will do everything in its power to help you and expose scams, warn others not to be scammed.
In addition, scam victims are advised to go directly to their local police or lawyer for help. And do not easily trust individuals or organizations that claim they can certainly help you get your money back; they are likely to try to scam you again. Especially if they ask you to pay in advance.
Welcome to join FxGeckoAPP community, where the latest broker information and complaints against brokers are posted daily. Attention regularly can help you effectively avoid encountering scams.
submitted by FxGecko to FxGeckoAPP [link] [comments]

Which Are The Best International Forex Brokers?

Which Are The Best International Forex Brokers?
There are various international Forex Brokers but we are mentioning the top 5 Forex Brokers in the world that are as follows:-
https://preview.redd.it/77notstr9h5a1.png?width=618&format=png&auto=webp&s=869034ca41034d5f92ddf4dad9e1c62386d53705
submitted by TrendingBrokers to bestforexreviews [link] [comments]

Warning list: Forex brokers and crypto exchanges that have been recently complained about by investors

Warning list: Forex brokers and crypto exchanges that have been recently complained about by investors

Recently resolved/replied complaint issues

  • CPT Markets - Quote anomaly causes client to lose $105,000 - Resolved
  • ACY Securities - did not allow the client to withdraw funds - replied
  • AxiTrader - Malicious slippage led to client's loss - Replied
  • Exness - Slippage is serious and commission is not paid - Replied
  • ZFX - Malicious slippage causing client losses - Replied
▼You can view broker information and complaint details on the FxGecko APP or website.
https://www.fxgecko.net/en\_US/
https://preview.redd.it/s0qz1qt4ag4a1.png?width=1001&format=png&auto=webp&s=c8cbed5f1a4cb158ea4274055b90417a7fa5f15e

Complaints not resolved/no response received

  • Decode Global - Closing the withdrawal channel and not allowing clients to withdraw their funds
  • XM - the real market trend and the demo market are not the same, resulting in the loss of the client
  • KCM - multiple slippage
  • NOVOX - blocking the client's account and not allowing the client to withdraw the profit money
  • HyperPay - blocked client's email, client can't change email and mobile number
  • XHB - prevented the client from withdrawing the principal
  • FinX Brokers - induced the client to invest and trade and eventually made him lose money
▼You can view broker information and complaint details on the FxGecko APP or website.
https://www.fxgecko.net/en\_US/
https://preview.redd.it/36cbbgy2ag4a1.png?width=714&format=png&auto=webp&s=9c6fd988e76b1d6f4edd322aa41128f3de21c68a
FxGecko reminds you to check the regulatory license, risk alert, customer complaints and service quality of these forex brokers or cryptocurrency exchanges.
And stay away from unregulated, low-rated and high-risk trading platforms to avoid potential scams and losses.
You can click here to recognize common investment trading scams to avoid being scammed.
Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.
FxGecko reminds you that you should always be cautious when you come across investment opportunities that promise high returns with little or no risk. These are likely scams.
You should "ask, check and confirm" before investing.
You can check the regulatory licenses, security scores, customer complaints and other information about global trading platforms at FxGecko to avoid any potential scams.
You can also file a complaint against any problematic broker to seek a solution, or expose a scam broker to alert others not to be scammed.
When you have any problems submitting a complaint, you can contact FxGecko's customer service on Telegram. (+852 9562 7576, +86 132 5508 1716)
Welcome to join HitoRank community, which is regularly updated with information on the Forex market and trading brokers, as well as issues of investor complaints against brokers. Keeping a regular eye here will help you improve your market acumen and avoid common investment scams.
submitted by FxGecko to HitoRank [link] [comments]

Updated: 2022 October Unregulated Forex Brokers List Have Been Warned By FCA

Updated: 2022 October Unregulated Forex Brokers List Have Been Warned By FCA submitted by InspectionJealous195 to Forexstrategy [link] [comments]

Quel est le meilleurs brokers forex pour débutant.

submitted by Beraneck to QuebecFinance [link] [comments]

Free platform to research Forex Brokers

I found a platform Forex traders can use to search about Forex Brokers before funding with them, and its available all for freeee!
https://www.wikifx.com/en/search.html?gip=TGal19
submitted by AdvertisingThis1424 to u/AdvertisingThis1424 [link] [comments]

The safest way to research Forex Brokers

The safest way to research Forex Brokers
The safest way to research Forex Brokers - WikiFX provides the safest way for anyone to research brokers before using them, this is revolutionary platform because it has got a lot more use case than just keeping you safe, it can help keep you updated, help in aiding your trades with tools. Enogh of the talk, try the website to experience all this ~ AlNour
https://www.wikifx.com/en/?gip=TGal46
https://preview.redd.it/sxr3scl2ga4a1.png?width=900&format=png&auto=webp&s=3d07cf96262a38886436348f495bfae0d14e6883

submitted by Alnournour_ to u/Alnournour_ [link] [comments]

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