Spreads and Commissions - Forex Broker Testimonials

I've been doing this trading thing for about 15 months, hopping around different brokers. Had a few bumps in the road, like spreads going wild and not being able to stash some cash when I wanted. But since I switched to hankotrade, it's been a breeze. The whole trading scene is steady, and the spreads for 500-1 leverage are sweet. Finally found a legit broker that ticks all the boxes for me.

Although their commission and fees are not the cheapest, I think the value they offer is worth it

Good spread and trading conditions

Excellent customer service

Variety of deposit and withdrawal method

Very fast execution speed

This is a good broker with low spreads and a smooth-flowing platform that gives great experiences to all types of traders. Baxia markets are the best

This is a good broker with low spreads and a smooth-flowing platform which makes it easy to grow small accounts 

Japanese candlesticks' closing and opening timings may vary across different time frames, but the price movement remains consistent with other companies in terms of market dynamics. Regarding the spread, I have observed that it is significantly narrow across various currency pairs, which is advantageous for this company.

In the past, the company faced a poor reputation and encountered numerous issues. However, they have successfully addressed and resolved those problems, resulting in a substantial improvement. The company has made positive changes to its policies, and one notable improvement is the reduction in lot sizes. This adjustment accommodates traders of all levels and preferences.

Depositing funds was a quick and straightforward process. Additionally, they provide the option to open an account using a business license, which is beneficial for those looking to utilize their company's funds for trading purposes.

However, there have been instances where the spread for gold has been considerably large, resulting in pending orders not being triggered. Moreover, the stop loss feature does not consistently execute tightly, often closing trades a few pips beyond the set stop loss level. Unfortunately, I have not yet had the opportunity to test the withdrawal process, as I have been experiencing losses during this period.

Not a bad broker actually, but I just can't stand that sometimes the spread could be quite huge for gold until the pending order was triggered. Speaking of order, there are some problems with it too. Stop loss is not as tight as I hope it would be. Plus, it usually will close my trade a few pips more than my set stop loss. It is really dangerous for my position. Due to this, I haven't got the time to withdraw yet as I am always loosing.

After using this broke for at least 6 months or so, I can finally conclude. This broker is mediocre at best. I know this result is probably not the most ideal but that's what it is. They aren't bad either. But I guess it's good that they actually did what they advertise? IDK.

So far, I have yet to experience the worst. At least my order is executed properly. Spread isn't too good, I must say. But it's not too high so I can live with that mmkay.

Probably need more time to make up my mind about this broker.

I have been trading with TriumphFX for 2 years. I started with small amounts, but today I already work with deposits of $10,000 or more. Few brokers actually hold zero spreads, so at first, I was skeptical about the commission stated on the website of 0.5 pips in EUR/USD. Of course, in real life, such a spread is only in a calm market, but nevertheless, it happens. There is a commission per lot on VIP accounts, which is a plus. However, the advantage of such accounts is that bonuses and referral rewards are available on them. In the meantime, I'm happy to take my profit.