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Newbie looking for advice

Discussion in 'Trading' started by Patrick_Sandor, 28th Feb, 2016.

  1. Patrick_Sandor

    Patrick_Sandor New Member

    Joined:
    28th Feb, 2016
    Posts:
    1
    Location:
    melbourne
    Hey Guys! I'm new here(in the forum & in Austraia) wanted to start forex trading. Done my research n am deciding between two brokers Pepperstone & Finportrading. Both hv low spreads but Finpro fairs better here; both no dealing desks, spoke both their reps - finpro has sm amazing ppl sitting behind their chat; both offer ECN accounts; Regulation: Pepperstone is regulated(only for Auz) & finpro with SEC US and they say their FCA is in process.

    Now, I'm confused, Pepperstone is a big name here - regulated but I hv had a bad exp with a reg broker in the past(hotforex) so am more keen on ECN/services/spreads/platforms. So if anyone has experience with peperstone & hv heard of Finprotrading, please post here
     
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  2. Andreadylon

    Andreadylon Member

    Joined:
    13th Sep, 2016
    Posts:
    9
    Location:
    Melbourne
    I have heard about both of them. Undoubtedly Pepperstone is a big name and a registered broker too. But they do not have promotions as FinPro Trading offers which gives chance to even a newbie and inexperience to start trading. Currently they are offering 100%initial deposit with $2/100 k round trip commission which is going to reduce your cost of trading. So FinPro Trading would be more suitable.
     
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