ePayments1 468x60
Page 3 of 6 FirstFirst 1 2 3 4 5 ... LastLast
Results 21 to 30 of 56

Forex Brokers Reviews

This is a discussion on Forex Brokers Reviews within the Forex Brokers forums, part of the Trading Forum category; Alpari UK: 5 brokers already reportedly showed interest Following the SNBomb, Alpari UK got into deep trouble and went into ...

          
   
  1. #21
    Senior Member 1Finance's Avatar
    Join Date
    Feb 2014
    Posts
    1,519
    Blog Entries
    340

    Forex Brokers Reviews

    Alpari UK: 5 brokers already reportedly showed interest

    Following the SNBomb, Alpari UK got into deep trouble and went into administration. Since the initial news broke, there were various reports of bidders for the troubled broker.

    The number of parties interested has already reached 5. Some are still active and some probably aren’t. The initial attempt to find a buyer for the company over the first few days failed and the company went into administration. Here is the list

    One question remains: is the interest real or is the publication about the interest to buy Alpari UK just a publicity stunt to show that the bidding broker is powerful?

    If a deal indeed goes through with administrators KMPG, we will at least know there was one bidder that was serious all the way.

    For the traders that have accounts with Alpari, the retrieval of money deposited with the firm.

    1. ETX: “ETX has provided KPMG with a proposal to acquire assets of Alpari (UK) Limited. Over recent months ETX Capital has acquired Shelbourne markets and Ariel Communications and is continuing to expand its business aggressively both through organic means and acquisitions. As a profitable, FCA regulated firm offering multiple trading platforms and over 6,000 markets, ETX Capital considers itself to be one of a small number of firms able to complete this acquisition while at the same time protecting Alpari’s customers from losses. During the recent turmoil in the FX markets, ETX Capital’s active risk management helped the firm to fair extremely well and January is expected to be another profitable month for the firm.” via LeapRate
    2. OANDA: Forex Magnates reports: “The move would expand the business of OANDA across the UK, the Middle East and North Africa region, where Alpari UK has been performing particularly well. For the time being, no information about the prospective offer put on the table has been obtained by Forex Magnates”
    3. Iron FX: “Iron FX says it understands that court cases pending between Alpari UK and its majority shareholder” Forex Live reports.
    4. Pepperstone: We covered this story here, and it was originally published in the WSJ over the weekend. The broker is based in Australia
    5. FXCM: The US based broker that has trouble of its own, was the first to show interest according to Forex Magnates. We covered it here.



    the source

  2. #22
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    9,751
    Blog Entries
    1450
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    This is the list of the brokers - attached, or it is available on this website
    Attached Files Attached Files
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || Social networks for the forum
    Trading blogs || My blog
    ePayments: premium subscription without paypal

  3. #23
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    9,751
    Blog Entries
    1450
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin

    Russian Forex traders displeased with 1:50 leverage cap

    Russian retail Forex traders are broadly unsupportive of the leverage cap of 1:50, outlined in the Forex law, a recent survey has shown.

    In December 2014, Russia’s “Centre for Regulation in OTC Financial Instruments and Technologies” (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum leverage limit set by the lawmakers. The list of questions covered matters like who should be responsible for determining leverage limits and what should the optimal cap be. The results of the survey became known earlier today, with the overwhelming majority of respondents viewing a cap on leverage of 1:50 as too strict and, instead, supporting way higher levels of up to 1:500.

    Meager 6% of those surveyed said they approved a maximum leverage limit of 1:50. The bulk of respondents supported more generous leverage. The optimal maximum leverage should be at 1:100, according to 25% of respondents, and at 1:200, according to 26% of the respondents. The favorite maximum leverage level for 30% of those surveyed is 1:500.

    You can view details below:

    Forex Brokers Reviews-1111.jpg


    At least 38% of the respondents disapproved of the narrowing of the current level of leverage they use. These percentage of respondents claimed that such a move would have a negative effect on their trading results. And yet they do not expect that a leverage cut would lead to a massive outflow of participants from the Forex market. The survey also showed that Russian FX traders seek as much freedom as possible when it comes to trading conditions.

    Whole 47% believe that the maximum leverage level should not be stipulated in a law or by a regulator, and that instead traders should determine the leverage cap they need. A more humble portion of the respondents – 27%, approved the idea that the law should determine the leverage cap. Only 17% said the self-regulatory organization should set the leverage limit, while 9% said this right should be given to Forex companies.

    Approximately 1,500 traders took part in the survey. The chapter of the Russian Forex law that imposes a leverage cap of 1:50 on Forex trading comes into force on October 1, 2015. The Bank of Russia is allowed to raise that level to 1:100 when it sees fit.

    the source
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || Social networks for the forum
    Trading blogs || My blog
    ePayments: premium subscription without paypal

  4. #24
    Member MusicUK's Avatar
    Join Date
    Mar 2013
    Posts
    77
    Blog Entries
    96

    The Top 10 Forex Brokers Regulated In The UK

    The Top 10 Forex Brokers Regulated In The UK

    Forex Brokers Reviews-2.jpg


    In January 2015, forex broker Alpari UK applied for insolvency after the Swiss National Bank's surprise decision to abandon the peg against the euro. The event put the spotlight on forex brokers and their regulation, especially in the United Kingdom. In this article, we'll review the leading forex brokers in the United Kingdom and the basics of how they are regulated.

    With daily trading volume of over $5 trillion a day, the foreign exchange market, also called forex or FX, is the world's largest market. The size and deep liquidity of the forex market, along with 24-hour trading 5 days a week, make it an appealing choice for traders. (For a step-by-step guide on everything you need to know on currency exchange see Forex Walkthrough).

    However, unlike stocks and commodities, forex trading has no central exchange or clearing house. The lack of transparency in the FX market has left it vulnerable to numerous instances of malpractice and manipulation. In the United Kingdom, the Financial Conduct Authority (FCA) acts as a watchdog to ensure fair and ethical business conduct. FCA-regulated forex brokers must adhere to a number of industry standards. Of particular importance is the FCA requirement that firms keep client funds separate from company funds. These segregated deposits cannot be used as company assets if the brokerage firm becomes insolvent.

    The January of 2015 event involving the Swiss National Bank (SNB) underscores the importance of using a broker that is regulated by the FCA. Totally unexpected events, sometime referred to as black swan events, can happen at any time and cause chaos. The financial markets were thrown into turmoil by the Swiss decision and a number of forex brokers suffered severe losses with some going bankrupt. Fortunately for the customers of Alpari UK, the firm was regulated by the FCA.

    The following ten FCA-regulated forex brokers are listed in no particular order based on factors including financial stability, execution quality and trading platforms available. In choosing among them one might consider preferences such as markets available, execution software, and the competitiveness of spreads.

    • OANDA: The Canadian-based foreign exchange company offers competitive spreads, as low as 1.2 pips in EUR/USD. Along with their own fxTrade platform launched in 2001, Oanda offers MetaTrader 4.
    • Interactive Brokers: Greenwich, Conn.-based Interactive Brokers offer direct access to interbank forex quotes and operate using an Electronic Communication Network (ECN) market structure.
    • City Index: Established in the UK in 1983, City Index offers forex trading, along with CFD's and spread betting. The MetaTrader 4 platform is available with added tools and features.
    • FOREX.com: Owned by parent company GAIN Capital. Operating since 2001, FOREX.com was a first mover in bringing currency markets to the retail trader.
    • FXCM: Exchange listed FXCM offers a no dealing desk model along with competitive spreads. The firm offers trading in a wide variety of currencies including the Chinese yuan.
    • FxPro: Founded in 2006, London-based FXPro is an online broker offering forex trading along with CFD's. MetaTrader 4 and cTrader trading platforms are available.
    • IG Markets: Founded in 1974 as a spread betting business under the name IG Index. The firm offers trading in pairs including EUR/USD, AUD/USD, and USD/JPY with spreads as low as 0.8 pips.
    • CMS Forex: The proprietary VT Trader platform offered by CMS Forex allows you to trade directly from the chart and provides multiple technical indicators.
    • ActivTrades: Established in 2001, ActiveTrades offers forex trading in mini and micro lots, a diverse product offering, and competitive spreads.
    • HY Markets: In business for 30 years, HY Markets provides multiple trading platforms and a wide variety of trading instruments. HY Markets a division of the Henyep Group, a global conglomerate with a presence in 20 countries.



    the source

  5. #25
    Member Chris's Avatar
    Join Date
    Apr 2015
    Posts
    58
    Quote Originally Posted by 1Finance View Post
    Alpari UK: 5 brokers already reportedly showed interest

    Following the SNBomb, Alpari UK got into deep trouble and went into administration. Since the initial news broke, there were various reports of bidders for the troubled broker.

    The number of parties interested has already reached 5. Some are still active and some probably aren’t. The initial attempt to find a buyer for the company over the first few days failed and the company went into administration.
    Not only the broker was in trouble. The reputation of the whole Forex industry suffered as it was rather famous broker in the market. I traded with Alpari and I remember being shocked when it became a bankrupt. Now I choose a broker to work with even more carefully than before.

  6. #26
    Member Chris's Avatar
    Join Date
    Apr 2015
    Posts
    58
    FreshForex Review

    FreshForex has been working in foreign currency markets since 2004 and is now one of top Forex brokers in Russia. FreshForex offers trading in Forex and CFD markets and is licensed by KROUFR and CRFIN. The number of active traders at FreshForex increased more than twofold In 2014 compared with 2013.

    Accounts


    There are three different trading accounts at FreshForex—The Classic, MarketPro and the ECN. All of them can be opened with no minimum deposit. There aren’t any fees for deposits and no charges for conducting transactions.

    A newly introduced ECN series has become available and accounts can be set up as an Investor or Master account. Investment and Master Accounts differ in that anyone with a Master Account can trade and attract investors. Traders with an Investors Account cannot trade, they can only invest to follow those with a Master's Account.

    FreshForex ECN Account
    How does a FreshForex ECN account work

    A Swap Free is a special account on which swap payment is not collected. On rollovers traders pay only a fixed commission which is not tied to interest rates. The Swap account is beneficial for both adherents of the Shariah laws and traders working on long-term strategies. There is a fixed commission per traded lot.

    A demo account is also available but there were no details provided on the site.

    Features

    FreshForex offers traders a host of attractive features including a narrow floating spread from 0 pips, instant market execution from 0 sec, ECN accounts with commissions as low as 0.003% and flexible hedging with "Smart Bridge Technology", which provides NDD execution and accurate quotations.

    The "Smart Bridge Technology" (SBT) system is a flexible and reliable mechanism used to hedge Forex trading risks, which allows FreshForex to work directly with several liquidity providers. The system monitors several channels of Forex quotes in a real-time mode, selects the best offer in the split seconds and ensures instant execution of an order at the best available market price.

    FreshForex Smart Bridge Technology
    How Smart Bridge Technology works

    It’s always beneficial to read daily news reports on what is happening in the Forex markets around the world and FreshForex provides these as well as daily Forex market analysis and technical analysis on price movements in the major currencies. A weekly Forex forecast and a monthly news report are also available.

    FreshForex Fundamental Analysis
    FreshForex Weekly and Daily Fundamental Analysis

    A listing of the current interest rates charged by different countries is an added bonus.

    Education

    FreshForex offers a unique seven step “Trader’s path” to successful trading. Each step consists of a question to be discussed and points out the ‘true goal’ and the ‘false target’ for each question. It goes on to explore the trader’s ‘State of Mind’ which is actually an analysis of what the trader could and should be thinking when exploring this question. I found this method of learning a refreshing change from the standard question and answer mode.

    There are also interactive tutorials on several basic Forex topics and recommendations of professional literature a trader should read that would make his trading more successful.

    The Forex encyclopedia, called the “Clever FX” brings traders to a listing of links to FreshForex’s articles on various financial topics and the glossary is an alphabetical dictionary of Forex terms and names.

    FreshForex also runs what they call their “Huckster” shop where traders can purchase the best trading advisors, unique indicators and scripts by leading developers of Forex systems. Many of these products can be downloaded for free while others must be paid for.

    Bonuses and Promotions

    FreshForex is very big on bonuses and promotions and offers several.

    Anyone making a deposit of $200 and more receives a bonus of 25%; $1000 draws a 35% bonus. There is a maximum of $5000. This offer expires on May 26th, 2015. In addition, traders bringing their accounts over to FreshForex from other brokers receive a 50% bonus on their deposits up to $5000.

    An additional bonus, the "Bonus 101%", is awarded for a deposit of $100 and more. And on top of that, with the second and all further deposits from $100 the deposit grows for +33%!

    When doing this FreshForex review, the ‘Battle for Profit’ Tournament was being held. This is a new contest where 10 traders can win prizes from $1500 and up for showing the highest gains in their account. The first prize is $25,000 and the second prize is $10,000. All the winnings go directly to the traders’ accounts and they can use it for more trades in their account. The list of the winners as well as the top 20 participants is posted on the FreshForex site.

    There is also a promotion referred to as a “Spreads Return” where clients receive up to $10 per each lot of profit or loss-making trades. Traders can choose one of the two rebate options and receive extra income on all trading instruments including CFDs on oil, index and stock. This promotion ends on April 30th, 2015.

    Deposits/Withdrawals


    Deposits at FreshForex can be made through more than 20 different payment systems and tools including credit and debit cards, Skrill, WebMoney, bank wire and more. FreshForex charges no fees for deposits and offers a unique payment instrument, the "FreshForex MasterCard."

    Withdrawal applications are completed within 10 minutes, with an average time of less than 5 minutes.

    Customer Support

    FreshForex is located in the Russian Federation and the customer support representative sits in their Moscow office. Traders can contact customer support via email or online chat Monday through Friday from 10:00 to 19:00 local time.

    Conclusion

    FreshForex is a broker that has proven its worth over the last decade. It has been chosen as one of the top ten brokers several years running. With all its interesting features, there is no doubt it will continue to attract thousands of new traders and over time become the leading broker in the industry.

    the source

  7. #27
    Junior Member
    Join Date
    Oct 2015
    Posts
    3
    I agree, 100hundredforexbrokers is a really useful site, especially for comparing forex brokers and reading user reviews etc. Once I've read about a broker and decided to open an account with them I quite often head over to bestbrokerdeals.com to see if they currently have any bonus promotions or offers running, although you should be careful with bonuses as sometimes the terms and conditions needed to qualify can be difficult to achieve.

  8. #28
    Junior Member
    Join Date
    Oct 2015
    Posts
    18
    What about IC Markets? I've heard this broker has targeted by DDoS attacks recently and many traders had problems with their trades.

  9. #29
    Senior Member BrokersMinutes's Avatar
    Join Date
    Jun 2013
    Posts
    529
    Blog Entries
    230

    Types of forex brokers: Electronic Communication Network, Straight Through Processing, No Dealing Desk, Dealing Desk

    Types of forex brokers: ECN - STP - NDD - DD

    Forex Brokers Reviews-11112222.jpg


    DD - Dealing Desk: A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actual market prices at any time. Market makers are always the counterparty of the trader, who doesn't trade directly with the liquidity providers. Market makers get paid through the spreads, and they usually also take the opposite trades of their clients prior to covering themselves (or not) with regards to the liquidity providers.

    NDD - No Dealing Desk: An NDD forex broker provides direct access to the interbank market; it can be an STP or STP+ECN broker (see below for STP and ECN broker definitions). With a genuine No Dealing Desk broker, there is no requoting of prices, which means that you can trade during economic announcements without any restrictions. The spreads offered are lower, but they are not fixed, so they can increase significantly when volatility is increasing during major economic announcements. An NDD broker can either charge a commission on each trade or choose to increase the spread.

    STP - Straight Through Processing: In STP mode, transactions are fully computerised and are immediately processed on the interbank market without any broker intervention.

    ECN - Electronic Communication Network: ECN brokers provide and display real-time order book information (featuring the orders that were processed and the prices offered by banks on the interbank market). They thereby improve market transparency by providing information to all market participants. ECN brokers usually make their money by charging a commission on the traded volume. With ECN brokers, all transactions are directly processed on the interbank market in No Dealing Desk mode.

    MTF (Multilateral Trading Facilities): An MTF exchange ensures that buyers and sellers of financial instruments can come together according to non-discretionary rules. An MTF is not a regulated exchange, but it operates under the same rules. MTF rules are transparent and ensure a fair trading system. The broker guarantees price efficiency and the clearing of transactions. Compared to a traditional exchange, a multilateral trading facility provides greater discretion, faster order execution speed and reduced brokerage fees.


    the source

    Trading Blogs || My blog

  10. #30
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    9,751
    Blog Entries
    1450
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    For brokers:

    Two threads only are allowed to open on this forum (2 threads per broker) -

    1. one thread is on this section http://newdigital-world.com/forex-brokers/ (general news or whatever), and
    2. the other thread with technical analysis, analytics or similar.


    For information.
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || Social networks for the forum
    Trading blogs || My blog
    ePayments: premium subscription without paypal

Page 3 of 6 FirstFirst 1 2 3 4 5 ... LastLast

LinkBacks (?)

  1. 11-26-2014, 05:01 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •