MFG/PFG ... yea too bad about our regulators - not much help, are they?! Though some regulation is better than nothing. Aside from misusing our deposits, at least you won't have to worry about them disappearing without a trace!

Regulators bare no responsibilities for clients losses due to anything.

kevinduk1 posted:
For a new trader, you are best getting CENT accounts.

instaForex ; TradeFort ; ProfiForex ; FXOpen Micro - all have low deposits but x100 the balance in MT4.

Example - you send $100 to them, they put $10,000 showing in MT4, so you can use EA's and big lots but only risk $100.

Increase leverage to 400:1/800:1/1000:1 and robots do well at profiting.

When you ready move up to FinFX ECN accounts etc. or DukasCopy





I agree, and for a newbie like me I think it's the only chance of getting ahead. I'm currently using Forex Ultra Scalper and Forex Turbo Scalper on the one screen across a Eleven pairs. It's interesting to see one robot out perform the other one. I also look at the MA 6 and 3 as well as the bollinger bands. Keeping in mind I've only been trying to take it all in for 5 minutes, I find that for now this is my limit. I'll still stay with a demo account for a while, until I get some common sense with it all. LOL