Forex Brokers Testimonials

I have tried a lot of different brokers, but so far ICMarkets managed to keep me stay in the game. They have fast executions which are very important and crucial for my strategy. They offer a lot of different instruments so there are more options for me to choose from. It is also really good for hedging. I have no reservations in regards to FX, CFD’s, indices, and more. The same goes for payment options (withdrawal and deposits), Debits and credits work well. In addition to that they also have various top-notch platforms, technical issues sorted timely, and more. But I hope they will add more instruments for crypto.

I think I have tried several brokers before finally opening an account with IC Markets. So far they have been really great in providing consistent spreads and quick order executions. However, it would be a lie if I said I don't have any problems. Quite the contrary, I have encountered several problems during my time with IC Markets. But, the customer service has been proactive in resolving any issues and explaining processes.

I've been using IC Markets since 2017 and I can not find fault with their service. Deposits and withdrawals are quick and straightforward. Customer service is very friendly and super quick to answer. In fact, they were very helpful, patient, and enthusiastic to help when I complained about a server error. Also, another time when I was having trouble logging in to my account. The only problem is that I don't think this broker has a lot of promotions or bonuses to try with. That being said, they are already cost-reducing with the small spreads. Commissions can be a little too high in my opinion, but some people said that it's normal to have a $7 commission per round turn.

It's true that ICMarket has one of the lowest spreads I have ever seen. But I feel like the commissions are too high. If I'm not mistaken, it's about 20% of the profit when the trade is in earnings. The worst part is, they still charged it even when the positions are at a loss. Most brokers normally only charged about 10%. That being said, I still think that this broker is very professional. I actually prefer ASIC-regulated brokers among others, since they are really good and keep things safe. The platform in ICMarket is also super easy to use even for someone who isn't tech savvy like me.

I am a new trader and I'm so happy that IC markets were very honest and professional with me. They have the tightest spreads which are very good for a trader who has just started like me. As a newbie, there is a lot of stuff that is very confusing for me. So I often seek help from their customer service team who are very happy to help. They are very nice and helpful. hey have always responded in a timely manner and with the answers I needed. Great service. They also directed me to the educational features to help me learn better about trading, which has broadened my knowledge.

Has ICMarket changed? They used to be so good and honest, now they are just like any other broker. I haven't been active for a while due to private reasons. For some reason, they open a free swap account on my behalf, without me knowing. There is nothing bad with an Islamic account, but I would rather open it myself if I want it. I notice lately my stop-loss order wasn't triggered while in the past there was nothing wrong with it. I thought this must be some kind of a mistake, but it keeps happening, so something wrong is going on.

Fast deposit and withdrawal using credit cards. I have been only working with them for a month but I am very happy. Everything is according to what they advertise. The only thing I'm not too keen on is the limited account you can create.

Has anyone experienced a stop-out incident from this broker? I mean my positions got closed automatically, not by me or margin call. I have asked the support team through a live chat, but have been providing me with responses that do not make any sense nor have they addressed the queries that I have raised. Should I complain to a regulatory body or did I do something wrong?

I keep hearing about them in several forums and a lot of people have recommended them to me. But I have several questions before I decided to open a live account.

1. Does Fp Markets increase spreads just before major forex news releases? If yes, is it bad?

2. Does this broker guarantee forex stop entries under any market conditions without a gap?

3. Also, I am currently in Dubai, I was wondering if FP Markets allow me to trade with them?

Here is the reason why I think OctaFX is the real deal.

1. They care about the client, and customer service is good

2. Very honest and friendly

3. Good trading platform

But, there are some aspects they can improve.

To start Earnings updates ought to be real-time on time. Second of all, measures to minimize losses of small copy traders. Master traders stated "minimum investment" is somewhat deceptive. For example, no master trader from lot 0.02 upwards is allowed to state $25 as a minimum investment.