Regulation and Security - Forex Broker Testimonials

I am still convinced that IC Markets is one of the best brokers with raw spread accounts in the markets nowadays. But, I don't think that they are the cheapest or the most affordable broker out there. First of all, their commission fees are pretty steep in my opinion. However, they provide great service, so I can overlook it. Furthermore, deposits and withdrawals are fast. The service is also very good, and they respond fast in the chat. I guess you get what you really paid for. So, despite the expensive commission fees, I am still trading with IC Marketss. They are also regulated by ASIC and FSA, so it's safe.

People have been asking me if Icmarket is a scam or not. Well, the answer is no and I have several reasons to prove that.

1. They are regulated by one of the best-regulated body

2. every time I put some deposit it always arrive safely in my account and I have been doing it for 5 years

3. The withdrawal process is super smooth and quick

4. Customer service are always ready to answer anytime

I have been with IC Markets for a year, and here is what I like about them:

• Creating an account is super easy, it only took 10 minutes the approve my requests.
• Plenty of ways for deposits and withdrawals and it is always smooth & instant.
• When depositing I have never had problems and I had my money within a day
• Awesome spread, I even get 0 spread. Probably the best broker I have ever tried.

I've heard that they have two locations, Australia or Seychelles. I highly recommended you choose the Australian one, they are trusted and I have never had any problems with them.

JustForex seems interesting, unfortunately the regulation is just registered in Belize.

In the future, I hope JustForex can open representatives in other countries and get additional regulations. The trader will be more convinced. 

Trade360 is already CySEC regulation (broker regulation Trade360) Not bad even though it is still offshore but it's better than those on other offshore broker that there is no regulation yet

Is Exness regulated by international regulatory bodies such as FCA or CFTC?

According to my observations these few months, I think eToro is a

1. The best broker that provides resources and technology platforms.

2. perfect for traders who are looking for the best copy trading features.

3. Have amazing spreads, even when the market is super volatile.

4. Great order executions

5. Regulated by financial and security authorities makes them a trusted broker.

I started trading with Icmarkets because my mentor suggested it. To my surprise, it actually has everything I need, from spreads, order executions, and a lot of other things. Originally, my mentor suggested it because it's safe, they have low spreads and fees per trade, a lot of deposit/withdrawal methods which makes your financial experience flexible. They also have great customer service that is available 24 hours. Also, they are very receptive and you don't have to wait a lot for their response.

I have been trading with them for about a year, but however, I am still undecided. Sure, they have great features that I actually like and benefit from. But at the same time, there is some stuff I don't like as well. For example, deposits were super smooth, but the withdrawal can be quite a hassle. Customer support was quick to answer, but sometimes their answer is pretty much nonsense. Although there are some officers who actually know about the issue and resolve it quickly. That being said, I still think that IC Market has the best spread in the market. They also have awesome webinar content. I'm not sure about the promo and contest, I don't think they have much of it. But that's probably because they are a member of ASIC.

This is a true ECN broker that actually does what they promise to do. No matter how volatile the market is, the spread is somehow very consistently low. Executions are very great and super-duper fast, I never have any requotes. Deposit and withdrawal also happened very smoothly, they have a wide range of paying methods as well, very flexible. Good customer support will well-trained team that offers solutions for fixing up my problems within an hour. I guess that's what a good ASIC brokerage is. To add, IC Markets also have one of the best webinars programs among other brokers I've tried befor. I definitely recommend it for new traders.