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Chris Cammack is Head of Content at the FxScouts Group and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex since 2012 and has a preference for the GBP/USD and the cTrader platform.
He also hosts the weekly podcast Let’s Talk Forex alongside Alison Heyerdahl, covering topics such as technical analysis, fundamental analysis, and trading psychology. His written work on macro-economics, the Forex industry and other factors affecting Forex trading and traders are frequently published in industry news outlets as well as traditional media.
Chris Cammack January 7, 2020 09:27 AM
FXScouts does NOT recommend ForexMart due to insufficient regulation. We suggest that you find an alternative regulated broker governed by processes designed to protect your funds. With only a little educational material to teach traders how to learn to trade successfully and a lack of transparency in the spreads and commissions, there is cause for concern. While ForexMart claims to have a fast withdrawal system, each withdrawal includes a fee that would not be applied at most other credible brokerages. Our primary concern with ForexMart, however, is their lack of credible regulation.
Chris Cammack January 7, 2020 09:27 AM
With a variety of low-deposit accounts, including a Cent Account with excellent trading conditions, FIBO Group appeals to beginner traders looking to reduce their risk. However, beginners will be disappointed at the lack of educational and market analysis materials available. FIBO Group offers six live accounts with various spread/commission combinations and execution choices available on all three major trading platforms - MT4, MT5, and cTrader. Trading conditions are average compared to other brokers across all six accounts, but FIBO Group's non-trading fees are high, including fees for deposits, withdrawals, and inactivity fees. Although trading tools are limited, beginners will be able to subscribe to sophisticated automated trading signals and for PAMM accounts. FIBO Group also offers a relatively disappointing range of CFDs, but what is available should be enough to satisfy most beginners.
Chris Cammack January 7, 2020 09:27 AM
Fortrade may appeal to traders who prefer a simple account structure and a wide variety of CFDs to trade. However, traders should be aware that Fortrade's trading costs are significantly higher than other similar brokers. Its single commission-free account has a low minimum deposit requirement of 100 USD, but extremely wide spreads that average at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD. Fortrade offers a diverse range of trading assets, including specialty CFDs such as bonds and stock DMAs that are rarely found at other brokers. Its trading platforms include MT4 and a user-friendly proprietary platform, optimised for both desktop and mobile trading. Fortade's education and analysis section is comprehensive and will be useful for beginner and advanced traders alike, with frequent in-house market analysis of the European and US sessions.
Chris Cammack January 7, 2020 09:27 AM
With a large number of Forex pairs and a near equally large number of trading account types, SuperForex seems to be throwing the doors open to as many clients as possible. A little additional digging uncovers very wide spreads on the Market Maker STP accounts, and massive non-transparent commissions on the ECN accounts. Weak IFSC regulation provides limited oversight of SuperForex. When coupled with an insufficient level of educational material for beginner clients, we question whether SuperForex is the right choice for beginner traders looking for a trusted broker.
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