ThomasFernandez Posted April 7, 2022 Share Posted April 7, 2022 An older broker is much more reliable because they have been active for several years and have not been off the forex market for scams or any major issues, which is why many traders use older brokers. For older brokers, I suggest ICM or FP Markets, because ICM has been active since 2007 and FP Markets since 2005, with regulations from ASIC and CYSEC. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 8, 2022 Share Posted April 8, 2022 In my opinion, it is not the age of the broker that is important, but the reliability of the company and working conditions. I think these aspects are much more important. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted April 11, 2022 Share Posted April 11, 2022 in forex it will never be instant, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort like what I got from Tickmill. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted April 11, 2022 Share Posted April 11, 2022 12 hours ago, uncle gober said: in forex it will never be instant, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort like what I got from Tickmill. If we are looking at a trading system we must be able to understand the system fully. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 11, 2022 Share Posted April 11, 2022 To be honest, this indicator is not the most important for me. I use a broker from the ExpertOption company for work, and I quite like this option. Quote Link to comment Share on other sites More sharing options...
ParkChoi Posted April 12, 2022 Share Posted April 12, 2022 For older brokers, I suggest trading with ICM or FP Markets. They are some of the oldest brokers, active for over ten years. ICM has been active since 2007 and FP Markets since 2005. They are both regulated by ASIC and provide some of the tightest spreads, averaging 0.2 pips, with the lowest commission costs when compared to most ECN brokers. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 12, 2022 Share Posted April 12, 2022 I think there are many other old and reputed brokers like hotforex, octa, xm, exness, lmfx etc which can also be shortlisted while making research for finalizing any solid broker in my opinion. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 12, 2022 Share Posted April 12, 2022 I think that you need to start with a reliable broker, and most importantly - a proven one. This aspect is the most important. Quote Link to comment Share on other sites More sharing options...
Ritesh.R Posted April 18, 2022 Share Posted April 18, 2022 I do agree with most of the posts that the old brokers are much more reliable because most new brokers are scammers. Brokers like ICM and FP Markets are some of the older brokers I have come across that have been active in forex for over 10 years. Older brokers are also regulated, and traders trade even with higher capital because of the broker's reputation, which holds on for several years. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 18, 2022 Share Posted April 18, 2022 To be honest, it's just not necessary. At least, I generally started working with a broker from ExpertOption, and I am more than satisfied with the results. Quote Link to comment Share on other sites More sharing options...
Umanshecenle Posted April 18, 2022 Share Posted April 18, 2022 2 hours ago, Vaabum said: To be honest, it's just not necessary. At least, I generally started working with a broker from ExpertOption, and I am more than satisfied with the results. just wondering how much was the profit in your first transactions, you can even in % ratios without exact amounts Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 19, 2022 Share Posted April 19, 2022 On 4/18/2022 at 7:20 PM, Umanshecenle said: just wondering how much was the profit in your first transactions, you can even in % ratios without exact amounts Here you are slightly wrong. I started the same way as everyone else - with losses, in fact. The only difference is that thanks to the demo account of the ExpertOption broker, I was able to study the market quite well so that there were not so many losses. Quote Link to comment Share on other sites More sharing options...
Francisco Posted May 12, 2022 Share Posted May 12, 2022 Using an older broker is good since they have been in the forex business a long time and most traders prefer them because of their reliability, like ICM and FP Markets. They have been active for over 10 years, and FP Markets is older than ICM, with regulations from ASIC and CYSEC. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 12, 2022 Share Posted May 12, 2022 I think that it is more important to start working with a reliable broker that would bring profit to the trader. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted May 18, 2022 Share Posted May 18, 2022 Using an older broker is good because they have more experience and have been active in the forex business, which makes it more reputable and reliable to trade than other new brokers, who can be scammers. Brokers such as ICM and FP Markets are some of the brokers I am aware of that are older and have been in the forex business for over 10 years. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 18, 2022 Share Posted May 18, 2022 It is more important to start working with a broker where you can gain work experience. For a beginner, this aspect is more important. Quote Link to comment Share on other sites More sharing options...
nanamage Posted May 19, 2022 Share Posted May 19, 2022 Many advantages join with Freshforex, top-up without commission, and withdrawal transactions are always excellent and successful. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 20, 2022 Share Posted May 20, 2022 It seems to me that this is now corny does not play a critical role. At least, I have been using the broker from ExpertOption for a long time and I am quite satisfied with the results. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 1, 2022 Share Posted June 1, 2022 On 5/21/2022 at 12:54 AM, Vaabum said: It seems to me that this is now corny does not play a critical role. At least, I have been using the broker from ExpertOption for a long time and I am quite satisfied with the results. I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 2, 2022 Share Posted June 2, 2022 To be honest, I don't think this is important. It is more important that the broker is reliable. And the broker's age is a slightly different indicator. Quote Link to comment Share on other sites More sharing options...
Nazzerith Posted August 22, 2022 Share Posted August 22, 2022 I prefer trading with an older broker because they are much more reliable since there are many new brokers and most of them are scammers. I trade with an ASIC broker, FP Markets, that has been active in the forex business for over 12 years and also has regulation from CYSEC and an offshore license with St.Vincent. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 22, 2022 Share Posted August 22, 2022 I started working with a broker from ExpertOption and I am quite satisfied with my choice. This option seemed great to me. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 1, 2022 Share Posted September 1, 2022 On 8/22/2022 at 7:07 PM, Vaabum said: I started working with a broker from ExpertOption and I am quite satisfied with my choice. This option seemed great to me. I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 5, 2022 Share Posted September 5, 2022 I don't think it plays a critical role. At least, I used a broker from ExpertOption for work and I was more than satisfied with the results of the work. Quote Link to comment Share on other sites More sharing options...
Namu Posted September 6, 2022 Share Posted September 6, 2022 14 hours ago, Vaabum said: I don't think it plays a critical role. At least, I used a broker from ExpertOption for work and I was more than satisfied with the results of the work. The most important thing in the forex trading business is to understand all how forex trading works and choose the right broker. So that later you can trade properly and correctly. But is the ExpertOption broker really guaranteed safe for traders? Quote Link to comment Share on other sites More sharing options...
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