Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,205,455 members, 7,992,522 topics. Date: Sunday, 03 November 2024 at 09:04 AM |
Nairaland Forum / Nairaland / General / Business / Best Forex Broker By Test - No Advertising Intended Here (1250 Views)
How Reliable Is Exness Forex Broker? / What Is The Best Forex Trading Strategy You Know? / If You Are Not Getting These From Your Forex Broker, Its Time To Port! (2) (3) (4)
Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 5:36pm On May 24, 2023 |
The purpose of this post is to help both aspiring and existing traders solve a very large part of their problems - choosing the right broker. The founders of Global Prime, Jeremy and Elan, are at it again. This time, they have come up with an unmatched brokerage idea - Afterprime. Some people trade forex without even knowing the name(s) of the founder(s) of their chosen brokerage firm, let alone have a chat with them, and they think it's just normal. The spreads seen in the attached image are both real and verifiable, with a verification link included. Getting an honest broker is as important as your trading skills. You might have a good strategy, but end up having your trades ruined by shady brokers. Brokers often use terms like ECN, STP, NDD to imply that they don't profit from clients' losses, when in reality, almost all of them keep B-Booking clients, including your most "trusted" and loved broker. Having been in the business since 2010, the evolutionary Afterprime is the only broker that proves to clients that its model is genuinely A-Book. With Afterprime, Automated Trade Receipts are provided, showing in detail which liquidity provider filled a client's trade, slippage - if any, execution times, spread, the full order book and mark outs. There's also a public Discord Community, where clients not only engage management staff, but also fellow traders. The aim of this Discord Community is for clients to hold the management team accountable, and publicly expose shady dealing systems, if any. It takes guts for a broker to provide clients with this type of opportunity. This is the only broker that reveals to clients how all brokers make money - whether A-Book or B-Book, and also educate clients about prop firms. If you want to know the A-Z of prop firms, join the Afterprime community and get enlightened. It's important to note that apart from FPA, other review sites are mostly phoney (paid reviews sites). But what's more reliable/effective than the reviews on FPA is the access to real-time testimonies of fellow traders, which you can get in the Afterprime Discord Community (link provided below). https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) 1 Like
|
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 9:55am On May 27, 2023 |
The Seven Deadly Broker Questions - How to Tell if Your Broker is B-Booking You If your broker is honest, they should be able to answer these questions easily. There is a high probability that your broker will either outrightly refuse to answer these questions or use the "Legal Compliance" excuse as a shield. In any case, if your broker dodges these questions, then something is definitely being hidden from you. Two major tips to note when asking these questions: Tip 1: The questions must be sent to the compliance department of your broker. Tip 2: You must demand a YES/NO answer for this to be effective. Only the founders of Afterprime have been able to directly answer these questions. No other broker has done so. Here are the questions: 1. Do you profile your clients into separate books (ie A book / B-book) based on their profitability? YES/NO 2. Can you categorically state that you DO NOT profit from clients' losses through warehousing client trades? YES/NO 3. Do you notify clients when you switch them from A to B book? YES/NO 4. Can your clients increase their leverage without any assessment? YES/NO 5. Do you provide some form of post trade transparency to demonstrate which liquidity provider filled the clients' trades? YES/NO 6. Do you allow profit share from B-Book with any IBs or relationships? YES/NO 7. Are you willing to disclose how much money you earned from clients' losses in 2022. If yes, how much? |
Re: Best Forex Broker By Test - No Advertising Intended Here by mohlanforex: 11:25am On May 27, 2023 |
I once asked my broker this question and the answered they gave to me is shocking.. they said, they are licensed by ASIC to provide both A-book and B-book trading accounts. where u will belong to depend your profitable. I'm still with the broker because they have the lowest spread and commission, I'm on their A-book because i always make profits.. 1 Like |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 1:09pm On May 27, 2023 |
mohlanforex: That is the exact meaning of profiling. An honest broker should offer an A-Book model only, and not profile clients. The biggest challenge most experienced traders have in selecting brokers, is what they know already. Whereas it takes absolutely nothing to find out the truth. But most won't bother because they know everything already. Furthermore, saying that your broker has the lowest spread and commission, there's a link in the original post for you to be the judge. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 9:39am On May 28, 2023 |
Trading contest for June, 2023 is open, hosted by the most transparent and reliable broker, whose management team you can directly chat with even during weekends. Discussions related to other brokers and prop firms are also welcome in this community. That is how confident Afterprime is about its transparency. Enter the competition using the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 5:13pm On Jul 01, 2023 |
Trading contest for July, 2023 is open, hosted by the most transparent and reliable broker, whose management team you can directly chat with even during weekends. Discussions related to other brokers and prop firms are also welcome in this community. That is how confident Afterprime is about its transparency. Enter the competition using the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 10:50am On Jul 02, 2023 |
Registration Details: Register before entries close on July 7th 2023, Asian market open. Competition starts July 1st 2023 at the Asian market open. Competition runs for 1 month until the end of trading on 31st July 2023. Competition Rules: - Max 1 account per participant - 5,000 starting balance. - Leverage: maximum of 1:100. - The highest % return on equity by the end of the competition wins. - Strategies that aim to get perfect demo fills over volatility spikes which don’t work in the real market will be disqualified at Afterprime team discretion. Winners are able to receive their prize money by bank transfer to their nominated bank account or as a credit to a live trading account. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by XcepXlargeGlory: 4:30pm On Jul 02, 2023 |
What are the rules one must observe on the contest account? Algolytic: |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 8:39pm On Jul 03, 2023 |
XcepXlargeGlory: Already stated. But in addition, no drawdown limitations. Trade completely at your discretion and risk appetite. |
Re: Best Forex Broker By Test - No Advertising Intended Here by TreasureHunter(m): 5:54pm On Jul 04, 2023 |
Algolytic: Will the names of the winners be posted here? |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 10:47am On Jul 30, 2023 |
Trading contest for August, 2023 is open, hosted by the most transparent and reliable broker, whose management team you can directly chat with even during weekends. Discussions related to other brokers and prop firms are also welcome in this community. That is how confident Afterprime is about its transparency. To enter the competition and also get direct testimonies from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 8:59pm On Jul 30, 2023 |
Registration Details: Register before 2023-08-07 21:00:00 (UTC) Competition starts 2023-07-31 21:00:00 (UTC) Competition ends 2023-08-31 21:00:00 (UTC) Competition Rules: - Both discretional and automated trading systems are allowed. - Max 1 account per participant. - 5,000 starting balance. - Leverage: maximum of 1:100. - The highest % return on equity by the end of the competition wins. - Strategies that aim to get perfect demo fills over volatility spikes which don’t work in the real market will be disqualified at Afterprime team discretion. Winners are able to receive their prize money by bank transfer to their nominated bank account or as a credit to a live trading account. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 7:34am On Jul 31, 2023 |
Vcx1: If your trading bot truly makes you money, you won't be willing to sell to anyone - much worse at $10. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 7:31pm On Aug 31, 2023 |
Trading contest for September, 2023 is open, hosted by the best broker with proof, whose management team you can directly chat with even during weekends. Afterprime is so confident about its transparency, that it has an online community where clients ask management team anything. To enter the competition and also get direct testimonies from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) |
Re: Best Forex Broker By Test - No Advertising Intended Here by tot3ntanZz: 9:35am On Sep 19, 2023 |
Yes, absolutely! To ensure that FBS is a reliable and secure option, there are a few steps you can take. Firstly, make sure that they adhere to all the regulations and laws governing their industry. Additionally, it's important to gather feedback from other individuals regarding their experiences with FBS, both positive and negative, to determine their trustworthiness. Seeking advice from financial experts on relevant websites can also provide valuable insights. It's crucial that FBS clearly communicates their fees and how they will work with you. Lastly, you can even try using a practice account with fbs broker to get a feel for their services and determine if they align with your preferences. By following these steps, you can make an informed decision about whether FBS is the right choice for you and alleviate any concerns about potential fraud. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 4:10pm On Oct 01, 2023 |
Trading contest for October, 2023 is open, hosted by the best broker with proof, whose management team you can directly chat with even during weekends. Afterprime is so confident about its transparency, that it has an online community where clients ask management team anything. To enter the competition and also get direct testimonies from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) Registration Details: Registration closes 07-10-2023 21:00:00 (UTC) Competition starts 30-09-2023 21:00:00 (UTC) Competition ends 31-10-2023 21:00:00 (UTC) Competition Rules: - Both discretional and automated trading systems are allowed. - Max 1 account per participant. - 5,000 starting balance. - Leverage: maximum of 1:100. - The highest % return on equity by the end of the competition wins. - Strategies that aim to get perfect demo fills over volatility spikes which don’t work in the real market will be disqualified at the team's discretion. Winners are able to receive their prize money by bank transfer to their nominated bank account or as a credit to a live trading account. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 5:22pm On Oct 29, 2023 |
Trading contest for November 2023 is open, hosted by the best broker by test, whose management team you can directly chat with even during weekends. Afterprime is so confident about its transparency, that it has an online community where clients ask management team anything. To enter the competition and also get direct testimonies from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) Registration Details: Registration closes 07-11-2023 21:00:00 (UTC) Competition starts 31-10-2023 21:00:00 (UTC) Competition ends 30-11-2023 21:00:00 (UTC) Competition Rules: - Both discretional and automated trading systems are allowed. - Max 1 account per participant. - 5,000 starting balance. - Leverage: maximum of 1:100. - The highest % return on equity by the end of the competition wins. - Strategies that aim to get perfect demo fills over volatility spikes, which don’t work in the real market, will be disqualified at the team's discretion. Winners are able to receive their prize money by bank transfer to their nominated bank account or as a credit to a live trading account. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 8:26am On Dec 01, 2023 |
December Trading Competition is open, hosted by the best broker by test, whose management team you can directly chat with even during weekends. Afterprime is so confident about its transparency that it has an online community, where clients ask management team anything. To enter the competition and also get direct reviews from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) Registration Details: Registration closes 07-12-2023 22:00:00 (UTC) Competition starts 30-11-2023 22:00:00 (UTC) Competition ends 31-12-2023 22:00:00 (UTC) Competition Rules: - Both discretional and automated trading systems are allowed. - Max 1 account per participant. - 5,000 starting balance. - Leverage: maximum of 1:100. - The highest % return on equity by the end of the competition wins. - Strategies that aim to get perfect demo fills over volatility spikes, which don’t work in the real market, will be disqualified at the team's discretion. Winners are able to receive their prize money either by bank transfer or as credit to a live trading account. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 10:50am On Dec 31, 2023 |
January Trading Competition is open, hosted by the best broker by test, whose management team you can directly chat with even during weekends. Afterprime is so confident about its transparency that it has an online community, where clients ask management team anything. To enter the competition and also get direct reviews from traders around the world, use the link provided below; https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) Competition Rules: - Both discretional and automated trading systems are allowed. - Max 1 account per participant. - 5,000 starting balance. - Leverage: maximum of 1:100. - The top three highest % return on equity by the end of the competition win. - Strategies that aim to get perfect demo fills over volatility spikes, which don’t work in the real market, will be disqualified at the team's discretion. Winners are able to receive their prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. |
Re: Best Forex Broker By Test - No Advertising Intended Here by tot3ntanZz: 12:49pm On Jan 26 |
Numerous accomplished traders employ automated strategies in forex trading. And fbs nigeria facilitates the use of Expert Advisors and copy trading to automate technical analysis and execute trades. Before implementing them in live markets, it's advisable to backtest strategies. Stay vigilant about potential technical issues and closely monitor the performance of automated systems. Employing stop-loss orders is essential for effectively controlling potential losses. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 7:28pm On Jan 28 |
Competition for February 2024 is open, hosted by the broker you can ask anything, even during weekends. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three highest % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. - Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition, question the broker's model and also get direct reviews from traders around the world. https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks) |
Re: Best Forex Broker By Test - No Advertising Intended Here by AyeMoJuba: 8:28pm On Jan 28 |
Algolytic: For the No Drawdown limitation rule, I will take part. |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 5:47pm On Feb 24 |
Competition for March is open, hosted by the broker you can ask anything, even during weekends. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition, question the broker's model and also get direct reviews from traders around the world. https://discord.g g/SWX4QDf9z8 (remove space between the g's) |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 8:37pm On Feb 26 |
The best forex broker is one that: 1. Proves it's purely A-book (ECN, STP, NDD model), providing automated trade receipts showing in detail, which liquidity provider filled clients' trades. 2. Can prove it neither warehouses clients' trades nor profit from clients' losses. 3. Reveals to clients and educates them on how brokers make money. 4. Does not profile clients into separate books (i.e. A-book / B-book) based on their profitability. 5. Does not allow clients increase leverage without any assessment. 6. Creates a public community where clients can ask the management team anything any time, to hold the team accountable. See example here and be the judge: https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 6:29pm On Mar 31 |
Join the April trading competition. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 7:21am On Apr 28 |
Competition for May is open. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 4:55pm On Jun 01 |
Competition for June is open. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 2:34pm On Jun 30 |
July competition is open for registration. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 8:13pm On Jul 28 |
The August trading competition is open for registration. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Re: Best Forex Broker By Test - No Advertising Intended Here by Algolytic: 1:25pm On Sep 01 |
The September trading competition is open for registration. - All strategies are allowed, as long as they work in the real market. - Each participant is allowed only one account. - The top three % return on equity by the end of the competition win. - Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts. Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational. Use the Discord link below to enter the competition and also get reviews from professional traders. https://discord.g g/SWX4QDf9z8 (remove space between the g's). |
Quality Brand New Shoes For Primary And Secondary Schools / Why Gtbank Has Struggled With Its Switch To Finacle. / Where Can I Get Funding For My Sme "ice Block Making Business"
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 71 |