Regulation and Security - Forex Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Is this broker recommended?
I want to ask anyone here who uses Exness. How were the deposit and withdrawal? Do you find any manipulation on their candles? Since many brokers I know manipulate their price chart...
Oct 10 2021
The thing you have to know about IC markets is that if you are not from Australia, there is a high chance that your account might be managed under the Seychelles regulations. If this isn't the problem with you then move along. I was originally trading with them because I thought I will be protected under ASUC regulations, should have known it wasn't possible. Anyway, I haven't actually got any problems trading with IC Markets besides the occasional server halt. But I see it happened to other trades as well so I think it's more of a server connections problem rather than a scam.
I have heard that due to the new ASIC regulations, it will be hard for international traders. Most brokers will probably open your account in one of their offshore branches, with not the same protections as you would have under ASIC. I've noticed that IC markets are regulated by ASIC, will this happen to them?
Jan 23 2021
My first impression of Blueberry Market is, that they are definitely geared towards more professional traders as opposed to retailers and beginners. They have very friendly and helpful customer service. The spreads on the raw account are quite good, although you can find tighter ones if you look around. However, I suspect that they are sharing my personal information (phone and name) with dubious third parties without my consent. Which is really annoying because I'm starting to get phone calls from dubious people and offering me 'legit investment'.
Is Exness safe? Is it trusted?
What do you think about IC Markets? Is the broker safe and legit?
Any Indonesian here? Is there any way I can access IC Markets in Indonesia without using VPN? Are there any Indonesian traders using IC Markets? Or link to their IB?