FXFellow

Pros: As for the advantages of this broker, I really appreciated the transparent fee structure and the lightning fast execution on the MT4 platform. Like even if the market is volatile or having a session overlap, the orders go smoothly without big slippage or requotes!!

Cons: The minimum deposit requirement is kinda higher compared to other brokers, and it can potentially be a barrier for complete beginners. If they lowered it from $500 to at least $250, it would be way better...

Overall: All in all, everything is good. I prioritize execution quality, and low fees over low entry barriers, so I had no issues depositing that sum. Also, they offer a great variety of tradable assets, which helps to diversify intraday experience.

Pros: Worked for me in terms of trading conditions and how they designed trading processes. I had:
- normal spreads during my usual trading hours, end of London and beginning of NY
- both limit and market execution was free from requotes
- access to mt4 platform which I still consider as golden standard of the forex industry

Cons: Lack of education and analytical help could be a problem. It’s not what I needed, but seeing some live webinars and fresh analytics would be a nice gesture from their side. In trading the more information you have, the better you trade.

Overall: My experience was with the demo account so there might be pitfalls. I decided to give this broker a try because of smooth and simple approach to trading. I think they won’t be problems on live account either…