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What forex broker is the best?


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The brokers that I find reliable are Etoro and FP markets, they provide some of the best trading conditions with good customer service.

FP Markets is also an older broker that has been active since 2005 with regulation from ASIC, CYSEC and from an offshore license St. Vincent.

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There are thousands broker in financial market sometimes make confused how to choose the best one, I alone already use FXOpen global broker which developing company always improving in trading service and infrastructure trading, this company regulated in three jurisdiction AU, UK and EU. In Australia under ASIC, then UK under FCA and Europe under Cysec. So far comfortable using their service and all withdrawal always processed smoothly as long as obey the rules.

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From my personal experience with several brokers over the last few years, I prefer FP Markets to trade because of the reliability factor, considering they have been in the business for over 15 years.

Another main reasons I trade with them is because the spreads are consistent, even during high market movements, and they start as low as 0.0 pips in EURUSD, GBPUSD, and other major pairs.

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Low spread brokers is recommended for traders when scalping, choosing trading pair also important when working trading to get low spread trading pair, don't trade exotic pair because high transaction cost and very risky for newbie, choose the pair ,major like EURUSD, AUDUSD, USDJPY,. GBPUSD. Using Ticktrader platform possible get negative spread on pair like EURUSD and AUDUSD and sometimes another pair. 

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From my trading experience with several brokers in the past, I find FP Markets to be a better broker because they have some of the lowest spreads, starting at 0.0 pips, a faster execution speed of 30 ms, and a lower commission cost of $3 per lot.

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Each trader eventually will recorded own experience when use the broker, good broker will always gives good service from different perspective, trading condition, withdrawal, payment option, support etc, so far my experience trading with FXOpen still good and fine, the broker also obey rules KYC and AML, so every client must be verified when they want to withdraw money.

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The most important is become profitable trader, and choose the broker indeed very important, trading with broker low spread like FXOpen gives benefit especially scalping trading because in daily trader may open and close many transaction, so with low spread gives more benefit. 

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I scalp with FP Markets under ASIC regulation for higher leverage, and I must say the spreads on their raw (ECN) account are low, averaging 0.1–0.3 pips. 

It's been over two years trading with them, without any issues like spreads widening or no response from customer service; the overall experience has been good so far.

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  • 2 weeks later...

Based on my trading experience with several brokers, I consider FP Markets to be a good broker because of their low spreads, such as EURUSD at 0.0 pips and EURGBP at 0.2 pips, ASIC regulates them, and Cysec provides $20,000 in investor protection.

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FXOpen broker in 2022 awarded as the innovative broker by traders union, the company emphasiz to improved service with offer TickTrader terminal platform which trader can trade using one account to trade in multiple CFDs market, crypto, forex, stocks, indices, commodity, TickTrader platform designed for ECN broker and possible get negative spread on pair like EURUSD, AUDUSD, USDCAD and more.

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