I have started trading with FP Markets after clearing some queries regarding it. I can recommend them for beginners and experienced traders since they have a robust trading condition with lower commission costs.
FP Markets is a good choice of broker; the spreads, execution, and slippage are very competitive, brokers like CMC and Global Prime are also similar to FP Markets, but the commission cost is a bit higher.
so many brokers regulated and non regulated are available right now in this retail market and really most of them review not positive at all. so its really difficult to recommend at any broker without using practically.
if you go with icmarkets you can receive free acess to the ActiveFX and ActiveMacro scanners from selected alpha.
I have seen similar posts but cant figure out what and how to ensure security of funds exists because we already knew that there are many bad examples of the past where even the regulated brokers turned into scam and they did not paid anything to their clients/traders. I only believe that we should do scrutiny at our own and do not let scammers take away our money. Thats it.
I recommend FP Markets, an ASIC broker that has been in the forex business for over a decade. I use them currently, and it has a robust trading condition with some of the lowest commission costs and slippage.
traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should chooser the broker which allows trading concept such as this.