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Looking for a good forex broker.. im in Canada
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Członek od Sep 22, 2009  58 postów avatar Feb 20 2012 at 15:20
http://www.fbs.com/ grin
they have nice contest made 2k last week and lost it next day gambling haha

easy wins
S1L1K0N

Członek od Jan 29, 2012  1 postów S1L1K0N Feb 21 2012 at 07:30
I'm in Manitoba and have been with IBFX (Interbank FX)for a couple years. I've got a demo account w/ OANDA, and while I like their spreads, I find (at least with the demo) that there is a lot more re-quotes and connection issues than with IBFX. I may open an account w/ OANDA in the future and run it in parallel to my IFBX one.

60% of the time it works 90% of the time.
outhebox

Członek od Jan 30, 2012  9 postów outhebox Feb 21 2012 at 16:18 (zmieniany Feb 21 2012 at 16:19 )
try www.fbs.com or roboforex.com

nice and fast server

eu starting 0.3 pips

HighYield

Członek od May 23, 2011  42 postów HighYield Feb 21 2012 at 16:34
Experienced traders already know the games dealing desk forex brokers play. Having said that my advice is this:. Stick to only so called “reputable” brokers.Most of brokers you know are cheaters.If you are TRUE forex trader ,I will recommend you the best one.Try https://www.fxprimus.com and feel the difference


Auroea

Członek od Oct 12, 2012  4 postów Auroea Feb 28 2013 at 21:25
Splexin posted:

   econometricafx posted:
or those who require you to move your account to Canada (e.g. OANDA).


This makes no sense to me....I would think being a Canadian resident, having a Canadian broker would be easiest for taxes and what not. Is there a reason you recommend against it? OANDA is headquartered in Canada and accepts traders in Canada as long as they have Canadian bank account. They are regulated by the IIROC and all customer funds are protected the CIPF. I am in the U.S. and have been with OANDA for 2 years now....no problems ever....best broker I've ever used.....best spreads I've ever encountered.....


Well to your suprise, Canadian forex brokers are NOT among the best, far from it. Canada's retail forex industry is WAY behind countries like US (until CFTC stepped in and killed it a bit), UK (the best), and even Australia. Canada's retail forex industry is mostly comprised of brokers extended to Canada from the US and UK. The only native Canadian retail forex broker is Questrade which started out as a stock daytrading firm and got into retail forex after sensing 'a change in the wind'. Except a few ECN's, majority of the fx brokers in Canada including Questrade are MM's with non-competitive spread and relatively high commissions and are clearly really not the best choices for retail forex traders. Whereas brokers outside of Canada have evolved to not only ECN's but exchange-like ECN's with No 'last look' for the liquidity providers, no requotes, instant milliseconds fast execution, extremely tight spread of even 0 for EUR/USD and very competitive commission rates. And they are heavily regulated by financial regulatory bodies of their countries that are in many cases 10x more competent and experienced than the Canadian IIROC or IDA or those provincial regulatory bodies.

Canada has a LOT catching up to do in the retail fx industry and in the meantime, denying Canadian traders access to foreign fx brokers who offer superior service at more competitive cost is clearly doing Canadian traders a disservice.

shuaisu

Członek od Jan 12, 2010  11 postów Money Exchange (shuaisu) Mar 16 at 05:05
Auroea posted:
Splexin posted:

   econometricafx posted:
or those who require you to move your account to Canada (e.g. OANDA).


This makes no sense to me....I would think being a Canadian resident, having a Canadian broker would be easiest for taxes and what not. Is there a reason you recommend against it? OANDA is headquartered in Canada and accepts traders in Canada as long as they have Canadian bank account. They are regulated by the IIROC and all customer funds are protected the CIPF. I am in the U.S. and have been with OANDA for 2 years now....no problems ever....best broker I've ever used.....best spreads I've ever encountered.....


Well to your suprise, Canadian forex brokers are NOT among the best, far from it. Canada's retail forex industry is WAY behind countries like US (until CFTC stepped in and killed it a bit), UK (the best), and even Australia. Canada's retail forex industry is mostly comprised of brokers extended to Canada from the US and UK. The only native Canadian retail forex broker is Questrade which started out as a stock daytrading firm and got into retail forex after sensing 'a change in the wind'. Except a few ECN's, majority of the fx brokers in Canada including Questrade are MM's with non-competitive spread and relatively high commissions and are clearly really not the best choices for retail forex traders. Whereas brokers outside of Canada have evolved to not only ECN's but exchange-like ECN's with No 'last look' for the liquidity providers, no requotes, instant milliseconds fast execution, extremely tight spread of even 0 for EUR/USD and very competitive commission rates. And they are heavily regulated by financial regulatory bodies of their countries that are in many cases 10x more competent and experienced than the Canadian IIROC or IDA or those provincial regulatory bodies.

Canada has a LOT catching up to do in the retail fx industry and in the meantime, denying Canadian traders access to foreign fx brokers who offer superior service at more competitive cost is clearly doing Canadian traders a disservice.


canada is a big sucker in the forex game.

Winners trade forex
Chubbly

Członek od Feb 21, 2014  13 postów Chubbly Mar 18 at 06:55
FXCM UK will not take Canadian clients.

I have have been with Dukascopy Swiss for a year and they have been really good. They are a bank so your funds are insured up to 100K plus your trading account can be in CDN dollars

OnTheEdge posted:
If you want to get away from the clunky MT4 platform and use a very nice charting package take a look at http://www.fxcm.co.uk , I'm a chart trader and their Trade Station 2 was the primary reason I choose them. They have excellent support and their dailyfx.com site offers a lot of training and live videos.

The charting software is very easy to use and makes trading from the charts very effective. Personally, I hate MT4, it's like bringing a knife to a gun fight.

Spreads are decent, not the best not the worse...I look for trades of at least 30 pips, the spread for eur/usd on average is 2 to 2.5 so I'm paying less than 10 percent per transaction.

But the platform is the real sell for me.

http://www.gftuk.com/ Dealbook 360 is also a nice easy to use platform. Trading from the charts is a pleasure. No need to add a bunch of ea's just to trade from the charts.

Personally, I found that once I got away from MT4 I didn't have to spend so much time trying to find ea's to make trading easier.

A trading platform should compliment your trading, you should not be a compliment to the trading platform.

canadam

Członek od Apr 10, 2014  10 postów canadam Apr 14 at 19:01
Try Mayzus Investment Company. I am in Canada and work with them. No limits for residents of Canada.

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