Spreads and Commissions - 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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I heard rumors from some traders that IC Markets is one of the market makers. So it will be very difficult to trade with this broker. Is this information valid? Where can I confirm this information? I was previously interested and would like to trade with IC Markets, but after receiving this information I became doubtful.
Honestly, I have no complaints about this broker. They have a good spread, good leverage, smooth trading platforms, and overall affordable trading cost. Although there is one thing I believe they should improve on, and that is the withdrawal system. I just feel like it's taking too long than other brokers. Normally, it would take 5 business days but now it takes more than 2 weeks for withdrawal. Although I am still thankful that my money arrived safely, I just feel like it should me quicker.
I think they are a really good broker. So far I think they have one of the best spreads in the markets. All deposits and withdrawals also go very smoothly here, so I never actually have any problems. There are several things I'd like to ask tho.
1. Why does the commission fees so high?
2. Will there be any trading contest? Because if there is, I would like to know how and when to apply
3. What is the maximum amount to withdraw?
May 22 2021
So, in the beginning, I trust ICMarkets deeply just because they provide a great solution for me (small spreads and great commission fees). But that is all changed when I found out that they were withdrawing money from my account for no valid reasons. So, I was surprised when I found out, I ask them about it and they were having a hard time answering although I can understand because they are just customer service. But, they never gave any explanation for that withdrawal. Swap charges were already accumulating and that was also too high. I am taking up the matter further but in the meantime, I would like advice all of you guys, please be aware with this.
Comparing spreads of XM and EXNESS, how many pips and how wide are the pips? Is there a commission too? How much is it per lot?
Apr 25 2021
Honestly, they aren't perfect but still one of the best I have tried so far nonetheless. Well, at least they didn't lie about having a low spread. I have to give them credit for keeping their spreads super tight despite the market conditions. However, sometimes there might be a slight on the trading platform which can lead to loss, especially for scalpers like me. It doesn't happen that often but it is still supper annoying when it does. But, well I guess as long as they keep their spreads low I will stay with them.
Mar 29 2021
I recently won a small trading contest from Tickmill and I really grateful for the experience and small gift. But honestly, they are one of the best brokerages I have ever traded with. I have been trading with them since 2018, and since then their quality keep improving for the better. I think this broker is good for scalpers since their order execution speeds are very quick, and they also have tight spreads. Not to mention deposits and withdrawals are very smooth here. I would suggest anyone who wants to test out their trading skills to try the Tickmill trading contest. It's really good for your experience.
Mar 12 2021
I've read a lot of bad reviews about IC Markets, and I don't know if I should stay or move to another broker. So far I have never experienced any of those things. It will be very hard for me to leave IC Markets since I really like their spreads and ECN things. I also like how smooth and affordable the deposits are. I also got really used with their trading platform as well.
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'.
Sep 22 2020
Great platforms, great spreads, overall from the premises they seem to be a great broker. However, no broker is perfect and Blueberry Markets has its own problems indeed. For example, I feel like lately, I have been having a hard time trying to withdraw my money from them. It always took so long and I had to contact the customer service. Second of all, they have limited trading instruments for metals. I don't know why they even bother calling it metal trading if they only offer gold and silver. There are other metals I want to trade with.