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What are the best Forex trading platforms/brokers?

Forex brokers are firms that provide currency traders with access to a trading platform that allows you to buy and sell foreign currencies. Retail forex brokers, handle a very small portion of the volume of the overall foreign exchange market.
Some of the best forex brokers:
Saxo Bank
This is considered one of the best forex brokers overall. It is the best overall because it has great competitive pricing to get involved, and has access to a wide range of markets. In addition it is very secure with multiple regulatory licenses. It also offers all forex traders with innovative trading platforms that really create more options for traders making them more successful.
Btw, I am trying to build a team with people who are interesting in learning how to trade. Here is the link to join my team and the name of the company is called mastery im academy. it is an education platform to learn how to trade https://iM.Academy/corp/cjoin?enroller=trade2bewealthy
IG
This forex broker is considered best for CFD trades which means Contract For Difference. A contract for difference (CFD) is a popular form of trading that helps traders to speculate on the rising or falling prices of fast-moving global financial markets. This means that traders who like this trading style look for a wide range of tradable products in their platform which you can find globally on IG. IG is also very trusted around the world which is good for traders because they need to be able to trust their forex broker. They also provide Comprehensive research tools and real-time exchange data. In addition, they have a broad range of markets, including multi asset CFDs like cryptocurrencies.
TD AmeriTrade
This forex broker is only for US residents but it is great for Americans if you need a forex broker. If you are an American I would suggest this one because it is ranked number one for customer service and is very well trusted. It is regulated within the United States standards and is very heavily looked after. It has a wide array of premium research and tools to help traders succeed. They are predicted to start using Bitcoin trading which is also up to date and will be useful. They also have excellent phone support which can be an essential aspect of trading if you are hands on with questions and need answers.
Overall, these are some of the best forex trading brokers. I highly recommend taking a look at these three forex brokers because they are some of the most regulated and also have good tools.
submitted by Rohitpure to u/Rohitpure [link] [comments]

Did Revolut just add a hidden 0.10% fee for exchange rates?

I am a heavy user of Revolut's great currency exchange system, however recently I discovered they added a hidden 0.1% fee. First of all, I am a Premium user with free unlimited currency exchanges ( https://i.imgur.com/0eosYkm.png) and I did this on a business day (Monday), so the default fees are excluded.

In my example I am using EUR to RON exchange. The live interbank exchange rate bid is 4.7213 (as can be seen on Saxo Bank's member trading area) https://i.imgur.com/ohefpgY.png, however on Revolut all I get is 4.7164 https://i.imgur.com/x6REiup.png. Math: real rate 4.7213 - 0.10% = 4.7165. Same for RON>EUR.

Can anyone else confirm?

UPDATE: I contacted support. At first the initial chat agent was rambling and giving me random FAQ info. He eventually escalated the discussion with a "manager" which pointed out that the exchange rate used was from "Forex-ICE" platform which does seem to have had a lower rate at that time https://i.imgur.com/qKHteKI.jpg. Not sure yet why was I given that rate instead of the better one.
submitted by throwaway_135074 to Revolut [link] [comments]

Choosing the right broker

Hello!
I am ready to dive in the world of trading and after my basic education I am starting to pappertrade. I figured out that I sould choose from now the boroker I am gonna use in the future to get used to the platform. The problem is that there are WAY to many brokers out there and its hard to choose. I need your help reddit!

What I need:
- I am mainly gonna daytrade forex, maybe some stocks and futures at the future.
- Low commisions, fees & spreads! I'm thikning of taking trades on small timeframes (5-20 mins , or a few hours). I am looking for a true ECN with comission model. I dont want conflict of interests with my broker
- A good platform. I don't like MT4. I liked cTrader.
- No requotes - No slippage - Fast executions!
- Leverage. I need at least 1:200 , so I probably need a broker in Australia (?)
- No problems with withdrawals.
- Regulation and good reputation! I don't want to loose my money!
- Low minimum deposit! I'm thinking about starting with 1000 euros, maybe 2000 max.

Brokers I have found surfing the net:
- Interactive Brokers
- Saxo bank
- IG
- Dukascopy
and the cTrader brokers:
- IC markets
- Pepperstone
- FxPro
- Roboforex

What do you guys think? Have you got any experience with those guys? What would you suggest? All comments and extra info are welcome!
submitted by geomad26 to Daytrading [link] [comments]

9Space.me a U.K company Scamming though Telegram in millions of Dollars $$$$

This is scam, and it’s not about the money quantity it’s because you know it’s a Ponzi scheme... and you are advertising it?, where in their website or telegram states “Hei we are a Ponzi scheme and you should know about it?” Do you think this is the dark internet and all is allowed?, do you know that even on dark, open, around up and down internet or app like telegram is ilegal the Ponzi scheme ? And can be prosecuted?, if you deal in futures and options or even on Forex you can sustain profits like this , more now with the usage of invest robots?, and if you compare volatility of cryptos ... you know you can really make such profits and share with those that give you the money ???, in short higher profits are not necessarily based on Ponzi unless they are just another swindlers willing to take your money... but if honest ,even sports betting houses can match such profits , I know I can loose money on higher rates because of the nature of investment and this is okay ... but that somebody comes and just take your money off you, start threaten like mafia, commit coercion by asking more money if “you want” to get your money , that say that they stop to pay me for verification (KYC is the only verification accepted by OCDE and does not require money) and I say I’m more than willing to be verified and also ask names and contacts... NO, this is against the law and need to be cleaned if not all possibilities for good people doing the right thing in this technology kind of, will be banned... and as a developer I am, not having problems to identify myself and with my money what I do?, denounce... My money has been illegally taken by some guys nobody knows, although telegram has a single identifier for all of us...?, that within 2 months or now will open a new bot offering the same ... and this is it, bad guys win???, and I can’t defend myself because the community is already brainwashed by the bad guys paying referrals??? , they just took my money and I may loose it but not for a bad investment as for somebody who just took it, and I want them to be put where they deserve, I’m one but will find all those scammed by them one by one and will add it as s collective denounce, they also register companies in the UK or USA (ethonline.io ie) and there even for $5 , you risk a long Holidays state paid, this is what I want, clean the house... I’m sorry to hear you accept Ponzi schemes as normal when is forbidden worldwide ... I did not invest in a Ponzi scheme, at least they never told me or warned me... if you knew it you should tell the people... not promote something ilegal
This HYPP channel is a sort of how to deal doing wrong ? Check CFD (contracts for a difference) investments work 24/7 one of the best is Saxo Bank investment platform but there are many, all regulated and if you do well with a proper invest robot soft can sustain profits around 10 to 300% a month investing in oil, commodities, or currencies... if you check volatility of the crypto currencies and compare to crude oil volatility... you can sustain even 5 times higher profit... of course yo can loose, but is for real, they are on the other side, and they ask your ID and address as they are regulated... was not aware I was entering in the Jungle just because of telegram ... I accept losses but not fraud ...
For 9Space scammed people this is the place to go and report even you can call them from everywhere in the world and guaranteed as confidential NQA , not the HYPP so they can profit from referrals and even after they said “ I’ve told you or I’ve warned you” when they are also responsible for your losses Here is the link for scammed people by companies registered on the UK 9Space bot scam confirmed they cheated me ... will pursue and make a proper denounce and those who want can make it at We all might need money or else but what these people are doing is very serious is not a kid’s game and damages all the potential to honest bots we have to stop them
https://actionfraud.police.uk/report-a-fraud/how-to-report-a-fraud
submitted by MagnaKitties to scamslayers [link] [comments]

Why Telegram is allowing this scam 9Space.me U.K company.

This is scam, and it’s not about the money quantity it’s because you know it’s a Ponzi scheme... and you are advertising it?, where in their website or telegram states “Hei we are a Ponzi scheme and you should know about it?” Do you think this is the dark internet and all is allowed?, do you know that even on dark, open, around up and down internet or app like telegram is ilegal the Ponzi scheme ? And can be prosecuted?, if you deal in futures and options or even on Forex you can sustain profits like this , more now with the usage of invest robots?, and if you compare volatility of cryptos ... you know you can really make such profits and share with those that give you the money ???, in short higher profits are not necessarily based on Ponzi unless they are just another swindlers willing to take your money... but if honest ,even sports betting houses can match such profits , I know I can loose money on higher rates because of the nature of investment and this is okay ... but that somebody comes and just take your money off you, start threaten like mafia, commit coercion by asking more money if “you want” to get your money , that say that they stop to pay me for verification (KYC is the only verification accepted by OCDE and does not require money) and I say I’m more than willing to be verified and also ask names and contacts... NO, this is against the law and need to be cleaned if not all possibilities for good people doing the right thing in this technology kind of, will be banned... and as a developer I am, not having problems to identify myself and with my money what I do?, denounce... My money has been illegally taken by some guys nobody knows, although telegram has a single identifier for all of us...?, that within 2 months or now will open a new bot offering the same ... and this is it, bad guys win???, and I can’t defend myself because the community is already brainwashed by the bad guys paying referrals??? , they just took my money and I may loose it but not for a bad investment as for somebody who just took it, and I want them to be put where they deserve, I’m one but will find all those scammed by them one by one and will add it as s collective denounce, they also register companies in the UK or USA (ethonline.io ie) and there even for $5 , you risk a long Holidays state paid, this is what I want, clean the house... I’m sorry to hear you accept Ponzi schemes as normal when is forbidden worldwide ... I did not invest in a Ponzi scheme, at least they never told me or warned me... if you knew it you should tell the people... not promote something ilegal
Check CFD (contracts for a difference) investments work 24/7 one of the best is Saxo Bank investment platform but there are many, all regulated and if you do well with a proper invest robot soft can sustain profits around 10 to 300% a month investing in oil, commodities, or currencies... if you check volatility of the crypto currencies and compare to crude oil volatility... you can sustain even 5 times higher profit... of course yo can loose, but is for real, they are on the other side, and they ask your ID and address as they are regulated... was not aware I was entering in the Jungle just because of telegram ... I accept losses but not fraud ...
For 9Space scammed people this is the place to go and report even you can call them from everywhere in the world and guaranteed as confidential NQA , not the HYPP so they can profit from referrals and even after they said “ I’ve told you or I’ve warned you” when they are also responsible for your losses Here is the link for scammed people by companies registered on the UK 9Space bot scam confirmed they cheated me ... will pursue and make a proper denounce and those who want can make it at We all might need money or else but what these people are doing is very serious is not a kid’s game and damages all the potential to honest bots we have to stop them
https://actionfraud.police.uk/report-a-fraud/how-to-report-a-fraud
submitted by MagnaKitties to TelegramBots [link] [comments]

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