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Hey folks. I'm rather new to Forex and I've been looking for a broker but I can't seem to find one that both works and has a somewhat simple user interface (on mobile) I originally was going to try Oanda after really liking their mobile application, but I found out that even though I'm a Canadian, because I am currently living in South Korea I am unable to use their service. I was looking at finpro trading, hotforex, and simplefx but I can't seem to find many reviews on any of them. I am mostly looking for one with a low minimum deposit and also one with a good (and simple) mobile app, since I'll be doing most of my trading that way (I am often travelling for 2-3 hours a day). Does anyone have a broker they recommend that works for both Korea and Canada?
Need a Good Forex Broker/Platform with Lax Margin Requirements
Hey guys, Newbie prospective trader(UK) here. I have been using the demo account on Trading212 and so far it has been going good. My only issue is, when you open a position, after buying a pair, you start negative since the buy price is always higher than the sell price, right? The thing with Trading212 is that if you're making a loss on your position and it is more than half of your original deposit, they close your position automatically. This is a pain because when I start to use real money, I plan on depositing £100 so if my position goes beyond -50, they close it - even if I know it will rise up again. I have noted that sometimes I may be down -230 or -500 on a position but I still end up with a profit since I put a take profit on all of my positions. Does anyone know any brokers with a very easy to use platform that don't have this issue? I've tried MT4 but I just can't stand the UI. On of the pros of Trading212 is their very beginner-friendly UI. Any help would be appreciated!
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