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FX trading -- which global brokers are OK and leg

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Oct 02, 2013 02:48 am
#1

Posts: 6
Member since: 02/10/2013

I am researching about Forex trading. And I am feed up by lot of information about it. Don't know what to absorb and what not to absorb. One of the global brokers providing online currenry trading services that caught up my attention was GDMFX. Its a hot topic, really. There are a number of reasons provided why I should work with GDMFX, including high leverage, attractive bonuses, state of the art trading server and Hermes Academy for traders. Other reasons include its tightest spreads that are available and very low deposit to open an account. Seems that GDMFX is trully the platform for FX trading that I am looking for. But before I fully commit to this brokerage firm I would like to know if anyone here is trading with GDMFX or heard about it. How was your experience with GDMFX so far? I need your inputs guys. Response will be highly appreciated. Thanks.

Oct 02, 2013 02:27 pm

Posts: 939
Member since: 21/04/2011

All brokers claim that they r among best brokers of the world.

Even though they show leverage and bonus as something very benificial for traders, it is, infact, very disastrous for newbies. Other than that, I dun see any negative reviews about GDMFX but I have never opened an account so dun have any personal experience.

Stick to your rules

Oct 02, 2013 03:10 pm

Posts: 6
Member since: 02/10/2013

Originally posted by uniquetrader

All brokers claim that they r among best brokers of the world.

Even though they show leverage and bonus as something very benificial for traders, it is, infact, very disastrous for newbies. Other than that, I dun see any negative reviews about GDMFX but I have never opened an account so dun have any personal experience.

 



Hi Uniquetrader. Thank you for your feedback. Really appreciated your effort of doing some research about GDMFX. I am having this sort of confidence in trading with GDMFX as per your word that you did not see any negative feeback about this global FX broker. Thanks. 

Nov 09, 2013 10:42 am

Posts: 8
Member since: 09/11/2013

Originally posted by mateorodriguez

I am researching about Forex trading. And I am feed up by lot of information about it. Don't know what to absorb and what not to absorb. One of the global brokers providing online currenry trading services that caught up my attention was GDMFX. Its a hot topic, really. There are a number of reasons provided why I should work with GDMFX, including high leverage, attractive bonuses, state of the art trading server and Hermes Academy for traders. Other reasons include its tightest spreads that are available and very low deposit to open an account. Seems that GDMFX is trully the platform for FX trading that I am looking for. But before I fully commit to this brokerage firm I would like to know if anyone here is trading with GDMFX or heard about it. How was your experience with GDMFX so far? I need your inputs guys. Response will be highly appreciated. Thanks.

 



 

I haven't seen anything negative about them. You can check out http://www.forexchurch.com/compare-forex-brokers.cfm which is a pretty good
resource (of about 140 brokers) to compare others. They also have live spreads/volumes/swaps for many of the brokers. This should help you compare how GDMFX stacks up...  although I don't see GDMFX on their site.

Nov 10, 2013 12:15 am
yoyo11 User

Posts: 1
Member since: 09/11/2013

yes indeed fellow broker it is very good because it has a good reputation but sometimes we do not have a big capital that may be very difficult due to the small capital good broker will only be a transfer fee just because big enough so we have to have a large capital but it is not in doubt because getting into any definite advantage in pay

Nov 11, 2013 04:38 pm

Posts: 47
Member since: 13/09/2013

Originally posted by mateorodriguez

I am researching about Forex trading. And I am feed up by lot of information about it. Don't know what to absorb and what not to absorb. One of the global brokers providing online currenry trading services that caught up my attention was GDMFX. Its a hot topic, really. There are a number of reasons provided why I should work with GDMFX, including high leverage, attractive bonuses, state of the art trading server and Hermes Academy for traders. Other reasons include its tightest spreads that are available and very low deposit to open an account. Seems that GDMFX is trully the platform for FX trading that I am looking for. But before I fully commit to this brokerage firm I would like to know if anyone here is trading with GDMFX or heard about it. How was your experience with GDMFX so far? I need your inputs guys. Response will be highly appreciated. Thanks.

Maybe you can start with them using a demo to test their platform.I think demo are offered free.

 



Nov 14, 2013 10:10 am

Posts: 35
Member since: 05/11/2013

Hiya, i know im a little late into this thread, but can you tell me what their spreads are like generally?? im also shopping around for a broker and when i see a broker's spread im not sure whether its tight or not without sone context.

I've been looking at some i.e. FXCM, SwissQuotes but again im not sure about what im looking at without some context in terms on spread.. Also what other things should i look out for in a broker before i committ to opening an account with them??

http://www.fxstat.com/widget/link?t=wide&c=4&s=25026&o1=growth&o2=drawdown&o3=monthly&o4=equity 

Nov 15, 2013 12:50 pm
fxlots User

Posts: 22
Member since: 07/11/2013

Originally posted by yoyo11

yes indeed fellow broker it is very good because it has a good reputation but sometimes we do not have a big capital that may be very difficult due to the small capital good broker will only be a transfer fee just because big enough so we have to have a large capital but it is not in doubt because getting into any definite advantage in pay

 





Alot of brokers claim they are the best, but not all brokers can win awards to support their claims. HotForex won the best broker in Asia, and Lite won the best Latin America broker as an example... since the question is about GDMFX why not compare it's rates to these two award winning brokers for some context??

Btw Purple to get a good idea HotForex's rates can be found here: http://bit.ly/1atZ4sH


Let me know what you guys learn and heard about these brokers!

http://www.fxstat.com/widget/link?t=tiny&c=1&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity 

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