TotallyFX Review - Totally FX Forex Trading Platform
59TotallyFX - A New Forex Trading Platform?
TotallyFX is the newest forex trading platform to come onto the market
The big question is...Will it deliver?
- What are the speads going to be like?
- Will it be web based? Too clunky?
- Will it be difficult to set up stop loss and take profit?
- Will you be able to take deposits via credit card and PayPal?
The questions go on...
TotallyFX Review
The spreads on online forex brokers can be outrageous. But I can handle this.
Sometimes the trading platform can be slow and difficult to use. I can handle this too.
But what I can't handle is the fact online brokers deliberately freeze the platform just when you need to exit a position, and this has happened to me too many times. I hate it when these forex brokers play games with you.
That is why I REALLY HOPE TotallyFX is different.
Time will tell...
TotallyFX - What to focus on
Spread
- How tight is the spread?
- Is it fixed or variable?
Slippage
- How much slippage can be expected in normal and fast moving markets?
Margin
- What is the margin requirement? e.g. 0.25% margin = max 400:1 leverage
Trading Platform
- How intuitive and functional is it to use?
- Are there many disconnections during trading hours?
- How reliable is it during fast moving markets and news announcements?
Read more forex brokers reviews and comparisons including non-dealing desk brokers.
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