BEST BROKER for MT5: How to Choose the Right Forex Broker?
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- เผยแพร่เมื่อ 20 ก.ย. 2024
- ►You want to trade with MT5, but over 300 brokers are offering it?
Watch this video until the end to learn how to choose and TEST the Forex brokers!
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The best strategy would be to test a few brokers with the same Robot.
This way, you will know that you are trading with the Forex broker that brings you the most profits with every trade.
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Thanks for watching this video called BEST BROKER for MT5: How to Choose the Right Forex Broker?, and I will see you in another video.
Which will be best for location in India and for beginners??
Hi sohantripathi5408, best would be to look for a regulated broker that accepts Indian citizens, and check out their spreads and commissions, and select a few with the lowest. Then test with a demo account
Hi sir which is the best for South Africa 🇿🇦 beginners
Hi zandilelungile6915, most brokers accept SA citizens. Always select a regulated broker with the lowest spreads. Try FP Markets. eatradingacademy.com/s/kuyVl
Which is the best for Romania?
Which broker is the best to use on MT5 app in the United States?
Hi samsonmusesa9836, because I'm not based in the USA, I cannot say for sure, but I'd suggest opening demo accounts with 2 or 3, and testing the same strategy or EAs on each to compare results based on their trading conditions, fees, etc.
I don’t understand if meta 5 is a stock buying platform why we need broker
Hi faarhaann khan, we are not buying and selling stocks, we are trading CFDs - Contract for Difference.For any CFD trading, you need a broker to enter into a contract. This is done on trading platforms, and most often on MT4 and MT5
Which broker is the best for singapore or south east asia?
Any broker that is fully regulated by several brokers, including those in your how country. You can see our recommended brokers here: eatradingacademy.com/trusted-brokers/
Which would be best for japan??
Which broker ist best for location in Germany?
You can have a look at the BaFIN website. That's the German regulator and they'll have a list of brokers regulated with them. Then open a few demo accounts with a few brokers, run the same EAs or strategy, and see which gives you the best results.
Which broker is best for beginners in Pakistan
Hi mkkhan8099, you can try opening demo accounts with several regulated brokers in Pakistan to test which suits you best. The regulator's website is www.secp.gov.pk/
what is the best broker for belgium on mt5
I cannot say which is the best broker in Belgium, but you can see the brokers we use here: eatradingacademy.com/trusted-brokers/
Which broker is best for SOUTH AFRICAN
Any broker which is regulated by The Financial Sector Conduct Authority (FSCA). There are several to choose from. I'd suggest opening demo accounts with several, and testing them out to see which suits you best
Which one do you use as you are based in Bulgaria?
Hi gogoromanov2002, I trade with several. You can have a look at our trusted brokers page to see which we recommend, and our reviews on each: eatradingacademy.com/trusted-brokers/. You can also have a look at this video I released recently showing the EAs and brokers I use for live trading: th-cam.com/video/DMdYepFrBQ4/w-d-xo.html
Did you find one? I’m from Romania but I’m sure we can use the same one
How about for UK 🇬🇧?
It's best to check that any broker you select is well regulated. British brokers should be regulated by the Financial Conduct Authority (FCA), and any others would be a bonus
How to verify my real account on mobile ? Can give me some help pls
It will depend on the broker. Some use email, some use 2FA, some use a mobile number. Then , for KYC there are a number of options too
I have the XAU/USD robot file with me but I am unable to paste the file in my MT5 Mac application. Can you pls help?
I'm not an expert on Mac, but perhaps some kind of a permissions issue with the folder you're trying to copy it into. Have a look at this article and see if it helps: www.metatrader5.com/en/terminal/help/start_advanced/install_mac
Which one is the best for Zimbabwe
I cannot say for sure, as I am based in Europe, but check which are regulated by Zim's regulatory body, and try a few to see which give you the best results
How can I install a robot and how to choose a good broker
Take a look at this video, where I guide you on the steps to install an EA onto MT4:th-cam.com/video/G1nLo8AUjqc/w-d-xo.html
You can also have a look at our recommended brokers here: eatradingacademy.com/trusted-brokers/
Hi sir is FP Markets a trusted broker?
Hi EcoMelodies, yes FP Markets is a well regulated and trustworthy broker. You can use this link to check them out and open a demo account to test them first, to ensure you are happy with your choice. eatradingacademy.com/s/kuyVl
What about Oman:)
Which is best for us?
It depends where you are lokated. If you are not in the US, check out the brokers page we created: eatradingacademy.com/trusted-brokers/
Which broker is the best for Morocco??
You'll have to check you the Forex regulator is, and select a broker that is regulated with them. Always start with a demo account first, and try several to see which would suit your trading style and requirements best
Best broker for kenya?
You'll have to check the regulators in Kenya, and see which brokers are registered with them. Then open a few demo accounts with each to see which gives you the best conditions and results
For the Nederlands?
Hi user-gu5iy8cl5q, any broker regulated in the EU, usually under CySec regulation would be fine. Have a look at our trusted brokers page to read reviews on the brokers we recommend. eatradingacademy.com/trusted-brokers/
Which is the best for Cyprus
Any broker registered with CySec, which is the Cypriot regulator will be ok, but compare several with demo accounts to find which would be best for you
Which broker is best for Nigeria
Hi harmonyecheng4255, I cannot say for sure, as I am based in Europe, but I'd suggest you select a few that are regulated in Nigeria, and compare the results with a few demo accounts using the same EAs
Which is best broker for austria 🇦🇹pls answear🙏
Hi yazanabdulhamid8299, I can't say for sure, as I am based in Bulgaria, but because Austria is in the EU, any broker regulated in the EU should be good. I'd suggest opening several demo accounts with different brokers, using the same EAs, and comparing the results. You can see our recommended brokers here: eatradingacademy.com/trusted-brokers/
Which broker for Korea?
Any broker regulated by the financial authorities in Korea would be a good place to start, and try several with demo accounts
which is the best for australia
maybe vantage ?
Which is the best for Ghana
Hi aaronaddo-anim5375, check who is the regulator for your region. Then see which brokers are regulated by them, and look for honest reviews on these brokers, and test them with a few demo accounts to see which give the best results based on fees and commissions charged.
Hi sir any recommendations broker for malaysian??
Being based in the EU, I cannot personally recommend any brokers in Malaysia, but check who the regulator is, and select a broker that is regulated by them
These brokers works in USA?
Most brokers do not accept US traders. There are a few that do though, like OANDA, Markets.com and s few others
Canada?😅
Which is best for Bulgaria
Hi KFANEDITS, you can see the brokers we recommend, and I use here: eatradingacademy.com/trusted-brokers/
I HAVE WENT SCHOOL ONLINE TRADING 3 MONTHS TRADED ON META TRADER 5 3 MONTH DEMO ACCOUNT BUT NOW LEARNING BROKERS AND FEES BUT I WOULD LIKE TO LEARN TO CONNECT MY PHONE TO MY BROKER TO METATRADER 5 SO CAN TRADE FROM MY PHONE AS WELL
You cannot trade with EAs on Metatrader with your phone. You'll need the platform on your PC, laptop or VPS to trade with EAs
can i have a broker for kazakhstan?
What is 4 best to use if I live in Bulgaria
Hi yourproductshop8517, this depends on several factors. The main regulator in Europe is CySec. Open demo accounts with a few regulated broker, with he smallest spreads that offer the best conditions depending on your account size and type. Download some of my free EAs and place them on each platform, and compare your results. You'll quickly see which is best suited for you. You can also have a look at our trusted brokers page here where we list the pros and cons and have a detailed review of each: www.eatradingacademy.com/trusted-brokers/
Hi Petko , thank you for getting back to me so quick. In this video you are talking about three Brokers. Are they regulated or not? And What is the names? Also in your website you are selling so many EAs so how I'm going to use all of them if I have only one broker? Thank you for your help to my journey in automated Forex trading. @@PetkoAleksandrov
For Jamaica?
Deriv
I'd suggest a broker regulated by Financial Services Commission (FSC) of Jamaica. Try demo accounts with a few of them, and see which gives you the most favourable results
Best broker for Malaysia ?
Hi shahbazkhan-tg6mm, I am not familiar with Malaysia broker, but do some research on the regulator, and test a few regulated brokers with demo accounts. The most important is to ensure the broker is regulated, and the spreads are as low as possible.
Broker for italy?
Most European regulated brokers will work in Italy, but always test a few with demo accounts to see which would suit you best
Best for Germany?
Hey AbcAbc-pz6eh, BaFin is the regulator for Germany, so it would be best to check their website and see which brokers are registered with them, and compare their spreads and fees. Also, being in the EU, you have a great selection of well regulated brokers you can use with other European regulators. Check out our brokers page here: eatradingacademy.com/trusted-brokers/
Best for New Zealand
We have many accounts with Blackbull Markets, a New Zealand based broker
Turkey ?
Hi alptacesfilmsubtitles6513, best would be to check out the website of Capital Markets Board of Turkey (CMB), and look for a low spread, regulated broker. Then try them out with a demo account.
South Africa?
Hi UnknownFootball, there are many good options for SA - have a look through the regulated brokers on the FCSA website, and give a few a try with demo accounts.
How can i get a robot?
Hi @sklebaea9, we provide many free EAs on this channel. The link to these is in the video descriptions below. In addition, all of our courses include free robots.
For Namibia please 🙏🏻
Hi YoungRichNation05, I am not familiar with Namibian regulators, but a simple online search will give you a few options. Always be sure the broker you select is regulated in your country, and open demo accounts with a few, place the same EAs on each and see which gives the best results.
Are you bulgarian?
Hi KFANEDITS. Yes, I am
@@PetkoAleksandrov Аз също
For Nigeria?
Any broker that is regulated in your country with the relevant authorities would be a good place to start, and test several with demo accounts
Zimbabwe
So blackbull is legit?
We've been trading with BlackBull for several years with no issues at all
@@PetkoAleksandrov thankyou sir!
For india?
Hi lyricalvideohub., you would need to research to see which body regulates the Indian FOrex Market, and select a few brokers who are regulated, open demo accounts, and compare the results from each to see which suits your trading style and the EAs best.
Hi for Belgium?
Hey @PLMK, any regulated broker with low spreads, regulated in the EU will be ok. Keep in mind you will be restricted to a leverage of 1:30 in the EU
For Zimbabwe please
Hi smilewithjesus6773, I am not familiar with the regulators in Zimbabwe, so I cannot say for sure. I'd suggest researching who the regulator in Zim is, and checking which brokers are registered with them, then selecting the one with the lowest fees and commissions.
Uk ?
Hi li0n597, have a look at the FCA website. They are the UK regulators. Set up demo accounts with a few of the regulated brokers to see which works best with your trading style.
I want a broker please I need help
Hi NnachebemIgwe, check out our trusted brokers page. We have a summarised version of each broker, as well as a detailed review: eatradingacademy.com/trusted-brokers/
For philippines sir?
In the Philippines the SEC regulates the capital market space but has no framework in place to regulate these online forex brokers. This means retail online forex trading is not regulated in the Philippines. So, best would be to test several and see which are honest and transparent.
@@PetkoAleksandrov yes, right now I'm trying out xm broker. It's quite good you get free $30 and can withdraw your profits when you get atleast 5lots traded
Ghana?
Hi ghassansalemesberjr8351, check out this website for regulated brokers in Ghana: www.bog.gov.gh/news_briefs/authorised-fx-brokers-by-bank-of-ghana/
UAE?
Hi ishgujjar4490, there are many Forex brokers based in Dubai. Check out our review of HYCM. eatradingacademy.com/hycm-review-one-of-the-best-forex-brokers/
Best for Pakistan?
Hi mrwick4199 . Check out the website of Securities and Exchange Commission of Pakistan (SECP). Look through the list of regulated brokers, and find one with low spreads and commissions. Then try a demo account to see the results.
Best for Albania 🇦🇱
Hi havzinela7093, you can have a look through regulated brokers in Albania, and see which offers the best trading conditions, then test several with demo accounts to see which suits your trading style
O vlla a ke ber naj lek
Dhe me cilin broker punon?
@@NimmGuxhi jo akoma skum hap real acc jam me demo tu msu akoma strrategjit e duhura
Arab country (Oman)
Hi Amira_37, you'll need to check who the regulators in your country are, and check their website to find regulated brokers, then compare them by opening several demo accounts and comparing the results.
@@PetkoAleksandrov now I use XM.. Is it good?
Hi Amira_37, XM is a well regulated broker. Definitely worth trying, but always start with a demo account to test the trading conditions to make sure they align with your trading style.
Greece? 🇬🇷
Hi ondegouwu, you can select any CySec regulated broker. Have a look at our recommended brokers here, where you can see all of the regulators they belong to: eatradingacademy.com/trusted-brokers/
for Romania?
Hi Hoosty, as Romania is part of the EU, you should look for a broker that is regulated by any European regulator, eg: Cysec. You can find our list of trusted brokers here: eatradingacademy.com/trusted-brokers/
United States
Please, chek this video: th-cam.com/video/lFtJnkxdDZ8/w-d-xo.html and make sure to compare the brokers with a Robot on Demo.
Brendan Warner Marsh
Search the name on Google
And contact him for financial assistance
Kuwait ?
Hi 4pf.sultan, the Central Bank of Kuwait is the regulatory body in Kuwait. You can easily find a list of their regulated brokers, and check which have the lowest fees and commissions. Then, open several demo accounts and see which best suits your trading style.