Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
I think that Blueberry Market is one of the most unique brokers I have ever worked with. I actually just started trading with them for a whole two months but I think I'll share my first impressions of them. First of all, their customer service. It was excellent! The operator feels very professional and focuses on problem-solving instead of blaming the customer, this is rare to find these days, sadly. Another thing that all traders would love is the spread. It is super tight and it's perfect for those who want to try trading for the first time. Lastly, what makes them really unique is the YouTube channel. I think you should check them out, it really gives a lot of trading ideas. There aren't a lot of brokes that doing this.
Amazing trading platform, I think this is the best one I have yet. It is smooth, easy to understand, very intuitive, and most importantly it does not crash even during news releases. I've had no problems with deposits and timely withdrawals. Spreads have been pretty low as well. I think this is a really good broker for new traders because of all the simplicity they offer. You can also learn to practice and improve your risk management using real money. However, I think that their education feature needs to be better in order to support new traders who still have very little knowledge about trading. That being said, I still think that Oanda deserve to get 5 stars.
Finally, I have found a goo true ECN broker. Before IC Markets, I have tried several other brokers claiming to be the best ECN broker while in reality they are not, they are also full of scams. IC Markets managed to give me the best spreads and the best order executions. They also have a great live chat support team that is always ready to help me with my problems. They are not perfect, however, they also have several things that I wish they would change. For instance, while they do have great educational features, I don't think it's enough to guide new traders. I think they need to put some team in order to compose better materials. I also think they should have more trading contests as well, preferable using a demo account?
I joined IC Markets during the beginning of Covid-19, but at the time I wasn't really sure about trading. I was just looking for something to do that can generate money. Obviously, I lost everything on my first trade. Then I found out that this broker comes with educational support. I learned a lot from it and was able to generate a small fortune. The customer service was also very helpful to help me navigate in a foreign environment.
A great broker to start forex trading if you ask me. Creating an account is super easy, I downloaded the MT4 and in almost no time I was able to start practicing on a demo account. Remember I am a newbie so I tested for 2-3 days on a demo account and watched a few webinars from the ones they offer. This surprised me but their webinars are pretty good and I suggest you check them out. Support is very helpful but in all honestly, I only had to use them once during my account approval since they requested some additional documents.
I think I have been trading with this broker for a while and therefore it is time to give my final judgment. There are several things I like about this broker. They have a good demo account which gives me the freedom to try out my strategies beforehand (also good for new traders). Nest, you can choose a live account with both floating and fixed spreads. Despite all the goods, they also have some bad things going on. You can choose the type of spread, but you cannot reduce their size if you have only 100-200 bucks in your pocket. They also have very few educational materials, This can be a problem for traders like me who enjoy brokers' educational features.
I think that eToro has one of the best educational materials out of every broker I have ever been with. However, there are some tips for you before you choose any of their classes. First ask them about the course program, how long it will last, and who will teach it. Most importantly, check the history of the real account of this super, who will lead this training. The best part, the educational materials were all available for free. This is a really great support for new traders.
I think IC Market is one of the best brokers if you are new to trading. There are a few reasons why I think my statement is valid.
1. low spread (they have a raw account which really great).
2. low commission fee
3. Great education materials (Podcast, webinars)
4. Quick deposit and withdrawal.
If they continue to keep this quality, they can really be the best in the market.
IC Markets is the best in the forex industry and here is why:
1. They have the best trading conditions with the tightest spreads, fast order executions, and user-friendly platforms.
2. The webinars and other training programs are tailored for new traders, so it's easy to understand and covered a lot of basics contents.
3. Very fast withdrawal and deposits, so far my transactions have been super smooth.
4. Demo account is easy to make and access.
That being said, there are some things I wish they can change.
1. No negative balance
2. Limited account creations.
This is one of the most secure brokerages I have ever seen. Aside from that, I also feel that they are competitive brokers with clear fees. Hundreds of assets can be traded with ease (with/without leverage), and free-training seminars and videos with the periodic schedules. like they have one of the best order executions speed, the best flexibilities, and very fast withdrawal procedures.
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