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Opening a New Real Account: Best Broker to Choose

snapdragon1970 (snapdragon1970)
Dec 21 2015 at 14:38
1944 posts
Traded with pepperstone before I went working in UK,they had a special intro offer,no deposit required,made 3x account value,they rang me,'how did you do that',had to close account FCA rules,you cant trade your own account and work on trading desk,lol.
There charts are fast,good for scalping.

"They mistook leverage with genius".
BillB
Dec 30 2015 at 07:41
1 posts
We've ben trading live with Global Prime (Australia) for over 6 months now, and did a fair amount of research prior to
They are a strict ECN platform, payout and service delivery excellent.
They are one of three ECN brokerages we use for our EA's (we're looking at developing a fund, so transparency's imperative).
No B Book.
Just saying........

Janeo
Oct 07 2016 at 10:39
18 posts
Being a beginner, FinPro Trading(ECN Broker) will be a good option to start. Check with their conditions and platforms once. They are providing 100% Bonus on Initial deposit and charge $2/100k round turn commission which will reduce your cost of trading.

montreal
Nov 10 2016 at 13:49
12 posts
It has been a while since I opened up an account with Interactive Broker. They seemed good to me. They had always given best of their services. But, I will also count on ECN brokers like Finpro trading, Tallinex and FXCM.

leopoldo (leopoldo)
Nov 17 2016 at 15:54
41 posts
BillB posted:
We've ben trading live with Global Prime (Australia) for over 6 months now, and did a fair amount of research prior to
They are a strict ECN platform, payout and service delivery excellent.
They are one of three ECN brokerages we use for our EA's (we're looking at developing a fund, so transparency's imperative).
No B Book.
Just saying........


So you went to the regulator's page, checked their licence number and verified that they are not allowed to deal on own desk? How do you understand the ECN? 😄

leopoldo (leopoldo)
Nov 18 2016 at 09:02
41 posts
I am asking because I saw on this page - https://www.globalprime.com.au/about/regulation/ in 1 minute spent on their website that they are actually allowed to deal in a financial product. This actually means a b book.

LLewis
Nov 28 2016 at 16:01
35 posts
FxMasterGuru posted:
'B-booking' is supplemented by multiple 'virtual dealer plug-in' parasite software to eat up your account alive...

Since most brokers 'B-book' most of their retail clients, their only way NOT TO LOSE against profitable clients on high leverage is to unleash their army of 'virtual dealer plug-ins' on their accounts.

P. S. The above is not an 'urban legend'. I know it first-hand from owners of brokerages.


What does this plugin do exactly?

Once a trader, always a trader!
LLewis
Nov 28 2016 at 16:02
35 posts
snapdragon1970 posted:
There is detection software for plug ins and broker dealer server disconnection activity.


Do you mean that the trader can detect if there is a plugin like the one FxMasterGuru mentioned? I agree with you about the trend following. It's a rule of thumb that many often forget.

Once a trader, always a trader!
snapdragon1970 (snapdragon1970)
Nov 28 2016 at 16:06
1944 posts
LLewis posted:
snapdragon1970 posted:
There is detection software for plug ins and broker dealer server disconnection activity.

Yes you are correct, I'm aware of it .

Do you mean that the trader can detect if there is a plugin like the one FxMasterGuru mentioned? I agree with you about the trend following. It's a rule of thumb that many often forget.

 

"They mistook leverage with genius".
satishsanjit
Nov 29 2016 at 08:15
6 posts
you might want to try ITRADER https://itrader.com MT4 platform and regulated by CySEC.

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