Is this broker reliable?

Discussion in 'Forex Brokers' started by Shiek, Apr 10, 2016.

  1. Andrew101

    Andrew101 Active Trader

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    I know that you know the reliability of a broker is not determined by the numbers of posts a newbie has. If you are really interested, why not do some research to find out if they can be trusted? There is always something to learn or benefit from other traders.
     
  2. Andrew101

    Andrew101 Active Trader

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    I agree with you, my friend. If then you want to be profitable and successful, it’s important to make sure the one you choose is safe and the best fit for your trading needs.
     
  3. AntjeWagner

    AntjeWagner Guest

    absolutely Andrew. that's why for me as representative and also sales person at my Broker, i do not "push" clients to open with us because if the trading style does not match with our conditions or if the expectations of the client is not what we offer, then i just would have an unsatisfied client at the end. ... which is not what it should be.
    security and protection with us is out of question, it is given... but the trading needs are different with each client. that is what has to match.
     
  4. Alexfx79

    Alexfx79 Active Trader

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    I'll reveal a secret to you... Some brokers register on forums and write their advertising here. They don't care about the quality of what they post, so such accounts have up to 10 posts, 50% of them is advertising of some new broker. I saw such ads on EVERY forum I visit. That's why I wouldn't trust someone who has a few posts and advises some broker in every thread. Believe me, a real person wouldn't advise his broker in the first posts. I doubt that real traders would do so :)
     
    Hafizmd likes this.
  5. AntjeWagner

    AntjeWagner Guest

    no they wouldn't, so you are right.
    by the way trade with ... ... ... *just kidding* :D

    it's an overload of broker recommendations by representatives, Afilliates, Traders and IBs on every Forum. I doubt that clients follow those recommendations as in my opinion the clients are fed up with reading such comments and they do not believe in such "this and that broker is the best, because..."
     
    Alexfx79 likes this.
  6. LittleJosh

    LittleJosh Newbie

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    yeah. loads of people are on here trying to promote brokers for commission. beware of anyone recommending a broker.
     
  7. Andrew101

    Andrew101 Active Trader

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    I get your point very correctly Alex. However, no matter what is posted here or anywhere else, a trader shouldn't be naive and just believe everything posted. Do your research, compare and contrast before making trading decisions.
     
  8. AntjeWagner

    AntjeWagner Guest

    unfortunately those who not yet have experience are naive to believe ... mostly. i would not say all of them but since they have no comparison to others, they believe.
     
  9. Andrew101

    Andrew101 Active Trader

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    I just hope newbies would read this and learn.
     
  10. Alexfx79

    Alexfx79 Active Trader

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    Still, this informational buzz is very annoying to me. I don't know how you treat such things, but I find them not useful at all. Of course, you are right here and every person is free to choose what he chooses. :)
     
  11. AntjeWagner

    AntjeWagner Guest

    I do not get your point at all Alex. So what would be useful to suggest /advice, in which way, with which words should any user here advice (answer) if questions are asked? Answering is always some kind of advice, although it is merely the own opinion.
     
  12. Alexfx79

    Alexfx79 Active Trader

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    Yeah, you misunderstood me. I mean those posts in which people write some pointless advice like "trading requires knowledge" (thanks, captain obviousness :D) or promote their brokers "trade with something-fx" it will be your way to success.
    I have nothing against any other advise and communication ob forums. I mean normal and reasonable communication. :)
     
  13. Lukas Schmidt

    Lukas Schmidt Trader

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    What I think is that it's not the regulation that makes a broker honest and reliable, but more the business model that the broker follows. We keep reading bad reviews about big brokers that have more than 1 regulation and still so many disapointed traders. The broker I curently use is not so famous, not so huge and to be honest I cant say anything bad, it simply gives me what I need as a trader
     
  14. myfxpt

    myfxpt Master Trader

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    I agree. Some posters just say anything to build their number of posts, rather than provide meaningful assistance and information.
     
    Alexfx79 likes this.
  15. AntjeWagner

    AntjeWagner Guest

    Alright, now I got it :) and YES, that is true
     
    Alexfx79 likes this.

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