I just recently came across an article about the state of Forex Trading in Canada wich is completely devastating.
You really have to know which broker to trust, and I will try to give you the facts.
So basically the IIROC (the main financial regulation agency) is taking over Forex. Most brokers are freaking out and it’s difficult for Canadians to find a good forex broker who will offer them good conditions.
As I hope you read my how to choose a forex broker page, we traders just want simple things from our broker, but it’s getting more and more difficult to get good trading conditions. All we need is small spreads, good leverage, easy deposit & withdrawal methods, good trading platform with no requotes and finally good customer support.
But most importantly, this is the broker I chose when I started to be profitable, so I can actually say that they will send you money when you make it hehe (biggest withdrawal I made in 1 day was 3000$ i believe).
Does your broker offer this?
- INSTANT withdrawal (automated withdrawals without any human interventions) through all the same webmoney services (moneybookers, alertpay, etc)
- Spreads ? 0.1 pip on EURUSD and GBPUSD. Yes they are that crazy.
- Leverage ? Industry first 1:1000 leverage. And now offering 1:2000. I think they have to stop the vodka !
- Trading possibilities = 134 currency pairs + CFDs on stocks and futures from the world leading exchange
- Expert Advisors or scalpers? They like them so much they actually GIVE you a free VPS server to host your robot….
- Diversified base currency accounts, I never seen something like that anywhere, you are basically hedging your whole account with different currencies or even gold and silver! (check the screen shot here)
- It is regulated in Cyprus = no FIFO bullshit and no smallish 1:100 leverage.
- Minimum deposit 100$, and free trial account with real trading conditions.
So here this the link : click here to check out my broker!