Well, here is my review on this firm. It's relatively new Australian broker. Providing access to most demanded services and platforms. I’ve traded on MT4 and tested two different types of accounts - demo and ECN. The most interesting part is that I found no big difference. My transition from demo to real account was without any troubles and surprises. I believe it to be important for all kinds of traders, especially for new traders.
I'm an advanced level trader and find myself trading more often than 50 trades a day so I thought this broker could help me decrease commissions and costs. I watched through all of their webinars and realized I need to stop scalping because reading price action is no easy as I thought. Broker has provided me with information and variations of trading strategies with which to trade. But the complexity of variations and the speed at which I need to be able to identify the patterns is far beyond my current experience. However, they gave me much better commissions and costs are more competitive than my previous broker has.
I'm not surprised why people don't leave comments on DMM FX. I had a conversation recently with managers about my current situation of improperly canceled limit orders. Let me explain, several buy limit orders were placed on gbpusd and usdchf. As result, there was no expiration time or something like that, but they were canceled. Price has moved to my direction and I lost opportunities to get profit. Broker can't explain how it happened and doesn't recover positions. It's very disappointing because I trade on daily bars and need to wait for long time to get new opportunities. BTW, it's enough time to change broker and transfer funds. The question which one is better?
Man! I tried this broker for the first time and believed in forex, you know. all my friends say that trading is scam but I’ve just withdrawn my first money here. I took the advantage of its NoDepositBonus and that works too! Just read the rules they specify carefully! Really satisfied with its service.
Only one platform – MT 4! Actually, why bother and offer something else when there is MT4 with its standard options and reliable operation. I agree with that, though ECN will be an advantage. But as for the rest – the broker is the worst I’ve ever trade with. Minimum initial deposit is rather high - $200. The declared low spreads are in word only. The widening is huge and unpredictable while other brokers sin by it during new release only. The fixed spreads just doubled within 3 months of my trading here. And that is not the only reasons to quit DMM FX. I am disappointed.
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Stavros Lambouris is the CEO International for HYCM, a provider of online FX and CFD trading services to retail and institutional investors...Forex Interviews
DMM FX provides a reliable, interactive, and client-friendly environment for trading. Their order execution and superior customer service are what sets them apart from other brokers. DMM fx australia pty limited clients also benefit from DMM FX’s access to DMM Group’s large network of...
Regulation: ASICDMM FX Australia trading information
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I started trading because I had spare time in the afternoon so I needed something to pas the time and why not to earn something extra apart the usual monthly salary. I had only basic knowledge of the economy but I didn’t know how to interpret the...Review rating
I have stunning and great experience with HYCM! Just over three years of trading currencies, my balance has grown by almost 340% in 2016. For year and a half, I trade only through hycm, six months of which I had traded on paper. Before I used to...Review rating
I like absolutely everything in trading with this broker. Moreover, using their PAMM accounts turns out to achieve higher returns comparing to my personal trading performance. So I separate my managed account and personal trading account that allows...Review rating
There are many brokers like Admiral, but none of them are exactly like it. I've yet to see trading education that would compare with Admiral's. Comprehensive, clear, insightful, everything I'm looking for in a broker. 5...Review rating
Last week was just great, make a good amount of money, decided to withdraw and, low and behold! The money arrived within virtually 20 minutes, anyway, it was so cool, didn't expect such speed of withdrawal. Spread is average, but fixed, not very...Review rating