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Trading cost - Forex Broker Testimonials

Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.

Wilfredo Macdonald
May 25 2022

In the past, I had a very bad experience with swap fees. I was a new trader and didn't know what it was, so I let my account open overnight and I was surprised to find out that I was charged just to keep my position open.

Recently my friend recommended I use Islamic Account or normally called a swap-free account. Does TMGM also have this account type? Would it affect the spread I choose?


Olen Breaux
May 25 2022

How much is the minimum amount of deposit on TMGM? Are there any differences regarding the minimum deposit for each trading account type? I have my fair share of troubling brokers that didn't disclose their minimum deposit fees, this has caused me to spend more than I am willing. Normally I wouldn't mind the fee but I would prefer to be informed beforehand.


Mauro Simone
May 25 2022

You can call me a cheapskate I don't care, but for me, reducing trading costs is a must. So I always try to find out what kind of fees I need to pay during trading. As for IC Markets, I know that you guys charged commission fees for your raw account and that is to be expected. What I want to know is if there is any other trading cost I have to pay (I use an MT4 raw spread account). I also want to know if I will be charged a deposit and withdrawal fees? If yes then how much?


Broker IC Markets | Website | Review |Other Testimonial | New Testimonial
Jamie Cummings
May 23 2022

 

Hi, I have been trading in IC Market for a while now and so far I have been liking every part of this. Unfortunately, I will soon move to another country due to my job. This will be temporary, although I didn't know how long it will last. Sadly, IC Market service doesn't cover this place, after all, I will be in very remote places so having internet connections will be out of the question. Now, I was wondering if IC Market allows inactivity and how much they charge for it. Also, are there any limitations to keeping my account inactive? Or would it be better to close it for now?


Broker IC Markets | Website | Review |Other Testimonial | New Testimonial
Clayton Ross
Jan 23 2022

 

Honestly, I have no complaints about this broker. They have a good spread, good leverage, smooth trading platforms, and overall affordable trading cost. Although there is one thing I believe they should improve on, and that is the withdrawal system. I just feel like it's taking too long than other brokers. Normally, it would take 5 business days but now it takes more than 2 weeks for withdrawal. Although I am still thankful that my money arrived safely, I just feel like it should me quicker.


Dixie Hughes
Aug 12 2019

FBS offers a massive range of assets to trade, like global indices, stocks, metals, and oil. There's something for everyone, making it super easy to build a diverse portfolio. What's cool is that FBS keeps it fair and transparent, with no sneaky fees or hidden commissions. You can also move your money around hassle-free, thanks to many payment options and commission-free transfers between accounts. That's a big deal for me and many fellow traders. I can see them blowing up and becoming even more awesome.