Broker Features - Forex Broker Testimonials

Is there any review on Genetic Markets?

I want to join XM since it has a lot of bonus promos, but I need few pieces of information:
1. Is this XM broker an NDD or DD dealer?
2. For clients from Indonesia, which regulatory body regulates XM?
3. Has anyone used or have used XM? What's your experience?
4. For WD and Deposit, can I use local bank/internet banking/mobile banking?

So here is my story. I have been working with ThinkMarkets as an IB through my Forex cashback/rebate service. At the time, ThinkMarkets IB commission rate and also an increased rebate after a few active clients. 1.5 years later, when we reached the required number of clients and I wanted to talk about the increased rebate and request my first withdrawal. Instead of the increased IB commission, I got an investigation and a message from their partner department that after 2 clients (and their trading accounts) ThinkMarkets was not able to pay the generated IB commission. Turns out this client was also an IB partner. I have no idea about this. I requested additional information about this case but I got only a paragraph that was not valid for this case.

Very good experience with this broker. I have many accounts with different strategies and all doing very well. Order executions speed is very good. Withdrawal is till 24 hours on the bank account in where I live. It's pretty much the best deal I have ever got.

I guess this is not the most popular review, but whatever. I think IC Markets has great educational features. Forex Trading is a topic that is of interest to me and I have therefore studied many different topics from this research and my experience, I consider IC Markets as the best option for a beginner. Deposits are very easy with them, and trading executions is also very good. But I have yet to make a withdrawal so, there will be an update (hopefully).

Having to work with IC Markets is probably one of the best experiences I ever had from a broker. Not only do they give me the best order executions time ever, but they also have great webinars. Now, I know so many of my peers took lightly of this feature, but it actually help me grow. Not to mention their demo account is really great and smooth too. I haven't got any noticeable problems during my time with them (about 8 months).

Here is the reason why I think OctaFX is the real deal.

1. They care about the client, and customer service is good

2. Very honest and friendly

3. Good trading platform

But, there are some aspects they can improve.

To start Earnings updates ought to be real-time on time. Second of all, measures to minimize losses of small copy traders. Master traders stated "minimum investment" is somewhat deceptive. For example, no master trader from lot 0.02 upwards is allowed to state $25 as a minimum investment.

Truly one of the best brokers I have ever tried. So far they have been very excellent in handling my orders, so slippage is almost impossible - although occasionally it did happen around news releases, but nothing major. Despite the low spread, they do charge quite expensive commission fees in my opinion, but since they have been very consistent with the spreads I'm willing to ignore it. Despite that, I have to say that Ic Markets doesn't have the best customer support, but it's not bad. I mean at least they didn't bother me with unwanted phone calls and emails. On the other hand, I have been coming to several of their webinars and classes, and I find them to be extremely informative. They do share good a knowledge that you actually need, and it's not one of those mediocre lessons you find in other brokers, I think they really put good thought into it.