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Discussion Starter #1
Does anyone here trade FX? What broker do you recommend (or not) for forex trading in Canada.

From what I've seen it looks like rather limited choice for Canadians choosing a broker for FX trading.
And my impression is that they've all gotten rather poor reviews from https://www.forexpeacearmy.com/
So far I've found:

1) International Brokers https://www.forexpeacearmy.com/forex-reviews/113/interactivebrokers-stock-broker
2) Oanda https://www.forexpeacearmy.com/forex-reviews/88/www.oanda.com
3) Friedberg Direct https://www.forexpeacearmy.com/forex-reviews/74/www.friedbergdirect.ca - (only four reviews)
4) Questrade https://www.forexpeacearmy.com/forex-reviews/142/www.questrade.com
5) other?
 

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I think Forex is worth giving a trial

Forex trading is very lucrative, but I highly recommend you go for the training before trading, to avoid losing your funds or trading blindly
 

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Spam, spam, spam. To get more suckers for the scam known as Forex trading. How to make 300 trades a day and blow out your account in a week.
 

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Discussion Starter #4
Spam, spam, spam. To get more suckers for the scam known as Forex trading. How to make 300 trades a day and blow out your account in a week.
Globally there's over 5 trillion exchanged daily in the FX markets. It's a huge market with professional traders with FX departments at all major financial institutions.
Theres much more to FX trading than just spam or to scam people. Although I agree there's some crappy 'bucket shops' out there abusing naive retail traders.
 

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Interactive brokers have such a low rating?... Now I'm doubting the credibility of that review website....
I personally use and know plenty of traders using IB and they have really good trade execution speed + support. But opening an account can be a hassle.
 
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