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FXcast (Antigua) LTD, Antigua
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This is a real good statement from Hasan. He wrote:
the execution in
FXcast is good, no widen spread, no slippage, good leverage, no extra margin when hedge, micro lot, but they not allow short term trading :(
Well - what better can a broker expect? This is a ***** rating in our mind.
The process of withdrawal hast its cost. It is not for free. If we would start with accounts of more than 5,000USD then we also would make it for free. On the other side - is this s real criteria for selecting a broker? We say it is the real process cost we have. Each bank is much more expensive.
And yes - we don't accept short time traders. This should not be a criteria for most traders. If you like short time trading use broker X, if you like:
good execution, no widening of spread, no slippage, good leverage, no extra margin when hedge, micro lot, no downtimes during news - the use FXcast. Correct?
FXcast is very strict for some reasons:
-- Brokerage is financial business, no casino
-- Security is the most important fact - there is no flexibility wanted
-- Documents are important for our future - which will be regulated
-- each process which any customer is documented and can be proved
-- reality has shown that 99% of short term traders lose their accounts
We think that FXcast is your best choice. Try us and you will forget your bad experiences with other brokers.
Your FXcast Team.
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Rex, China
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I am with this broker now since more than 6 months. I like their platform, execution and their service, of course their payment options are more than any other broker has. Payments and withdrawals are always done exactly.
I asked them why it was not done instantly and they have asked that they had to change their procedures due to some fraud trials from hacked user email accounts. Payments and withdrawals are now checked carefully by controlling. I like this as this shows me that they care for customers and their money. Instant withdrawal can mean that my money is instantly away.
They behave much more regulated and controlled as most regulated brokers. This tells me a lot about this broker.
I did not see any s/l or t/p hunting, no second downtime of the platform - no problems on news times and no tricks. I think this could be a broker who will play a major role in the forex world in some time. I will stay with them
FXcast has also Musilim accounts, they allow hedge tradesr utilize the funtion of all carry trades.
I give them a clear 5 star rating.
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Sergej, Ukraine
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I am not quite sure why people always claim things they do not have - instead of comparing WHAT they have. From my point of view as Trader from Ukraine I know a lot of brokers (especially from Eastern Europe) and I give
FXcast 5 stars for their service and execution. People always tell others what to do better. Why not simply trading with this great platform and relax. Ok - a mobile tool would be nice - but this is not worth a star. Trading cannot be done on the run. And regulation - I agree what the team from FXcast says: all broker crashes have happened in regulated environments.
I can only tell you - my thanks to the team of Fxcast for their service. To be honest - I don't even need them - their website with this membership area is self explaining and I can control all my tasks. And their platform has no downs. As I am trading with s/l and t/p I can relax and do not need to be 24 hours on my computer. Payments last now longer than some months ago. I have asked them and they told me it is for security reasons - some people tried to cheat them with fakes. As this is done for the security of MY funds I appreciate this and prefer waiting a bit. seems instant bookings is a dangerous thing.
As said - I give them 5 stars - they are great. |
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Elroy, Indonesia
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FXcast is really an honest broker and not a scam or thief. Why ?
because I have try this broker in about a few months ago (with a small money of course) and I can prove that this broker don't steal our money , and also if they make a mistake they are very brave to tell us and give us the money back . I love it.
also they have no slippage and offer many payment methods for the deposit/withdrawal.
But the bad things of this broker are:
1. They don't have a regulation
2. Don't have a PDA Metatrader
3. don't allow a news trading and scalping.
If they have and allow that 3 things, I'm sure they can become the best. Trust me !
because I have see that this broker have a chance to become that.
I and some of my friends are trade around $30,000 to $200,000 in FXDD and IBFX since about 3 years ago, and they are good too, because they allow all style of trading and also regulated broker, so I trust them to put a lot of money in there. But if FXcast have a regulation and allow all style trading method like FXDD and IBFX, I can bring a lot of my friends in there too, but I'm waiting this broker to have a regulation and not to very strict for their trading rule. (I see that a lot of success brokers have a flexible rule like FXDD and IBFX, but very pity that FXcast not like that. Hope the FXcast management know about this :))
I give this broker 3 stars, because they still have some bad things. and I will give this broker 7 stars if they can have 3 things above.
I'm really a professional trader, so I know which one is good or not, and which one have a chance or not.
FXcast is one of the good broker too. but very pity that they missed that 3 things above.
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John Olusola, Kaduna , Nigeria
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FXcast is a reliable and trusted broker as far as
I'm concerned, I started trading live with them since JULY 2007 ,so
far I had equally traded live with Marketiva,North Finance,Fxopen,
Pfgfx and Liteforex BUT FXcast emerged the BEST, most especially
with their NEW VERSION MT4,No frequent REQUOTES like other MT4
brokers, their customer support is excellent. I implore my fellow
TRADERS in Nigeria and the WORLD at large to give FXCAST a trial,
I'm sure you will be convinced beyond a reasonable doubt. |
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Tony, Bombay
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Seems to be a new market maker on the block and supports virtually
all e-currencies and bank/credit card transfers. Lower spreads and
higher leverage.
I think this one will rock! Longterm, i give it a 4 star rating.
Ill let ya know when i withdraw ;)
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