Edit Your Comment
Broker Suggestion
Mar 19, 2013 at 21:36
Miembro desde Mar 18, 2013
posts 2
Hello fellow traders, I need a suggestion from this vibrant community.
Which broker you suggest for trading under these circumstances:
-starting capital 2000 EUR
-MT4 platform
-Rely mostly on Hedging strategies, automated (EAs)
-need a good levererage, like 1:300 least
-lot precision of 0.01
-Euro citizen
-Regulated
I know its a complicate question due to many factor, but having made a list of potential cadidates I would like to see if they are common,
Thanks,
Sy
Which broker you suggest for trading under these circumstances:
-starting capital 2000 EUR
-MT4 platform
-Rely mostly on Hedging strategies, automated (EAs)
-need a good levererage, like 1:300 least
-lot precision of 0.01
-Euro citizen
-Regulated
I know its a complicate question due to many factor, but having made a list of potential cadidates I would like to see if they are common,
Thanks,
Sy
Miembro desde Nov 20, 2012
posts 10
Miembro desde Mar 03, 2013
posts 321
Mar 20, 2013 at 13:25
Miembro desde Jun 26, 2012
posts 192
u can search for ur broker with any set of conditions u desire by using this website:
https://www.100forexbrokers.com/
https://www.100forexbrokers.com/
Miembro desde Mar 01, 2013
posts 2
Jan 17, 2014 at 18:32
Miembro desde Nov 20, 2013
posts 7
Ah, yes, the key conundrum: with whom shall I entrust my trading moolah?
Well, most (surviving) brokers are regulated (if you're a cynic, that won't mean much), but, when it comes to conducting due diligence ('Crikey, do you need an anaesthetic...?'), you're looking at Spread, Trading Platform, Leverage, Support (preferably in-house, where you're communicating with people who are empathetic to your account status), and Execution.
https://www.flickr.com/photos/111134236@N06/11995339146/
Your're also seeking out Reviews by authentic 3rd parties (for example, reviews of my own broker excel markets), here on myfxbook and forexpeacearmy.
At the end of the day, choosing a broker is not rocket science. Now making money from currency trading, that's another story...
Well, most (surviving) brokers are regulated (if you're a cynic, that won't mean much), but, when it comes to conducting due diligence ('Crikey, do you need an anaesthetic...?'), you're looking at Spread, Trading Platform, Leverage, Support (preferably in-house, where you're communicating with people who are empathetic to your account status), and Execution.
https://www.flickr.com/photos/111134236@N06/11995339146/
Your're also seeking out Reviews by authentic 3rd parties (for example, reviews of my own broker excel markets), here on myfxbook and forexpeacearmy.
At the end of the day, choosing a broker is not rocket science. Now making money from currency trading, that's another story...
I Think, Therefore I'm Guessing
Miembro desde Nov 21, 2011
posts 1718
Jan 17, 2014 at 22:28
Miembro desde Nov 21, 2011
posts 1718
I would recommand Pepperstone... but I will open soon a new account with FXOpen (tighter spread)
Miembro desde Dec 27, 2013
posts 42
Miembro desde Jan 12, 2014
posts 1
Jan 19, 2014 at 19:21
Miembro desde Jan 12, 2014
posts 1
Silvia, that is simple: https://tradersway.com/
They have Euro MT4.ECN accounts with very low spread and starting from 10 Euro deposit. High execution, low commission. I use that broker for a while now. Good support, no nonsense, no aggressive marketing. Just trading, no games.
They have Euro MT4.ECN accounts with very low spread and starting from 10 Euro deposit. High execution, low commission. I use that broker for a while now. Good support, no nonsense, no aggressive marketing. Just trading, no games.
Miembro desde Dec 27, 2013
posts 42
Jan 20, 2014 at 01:40
Miembro desde Dec 27, 2013
posts 42
sareen posted:johncarrus posted:
i'm with oanda
I was with Oanda for a while.
Excellent execution and very consistent spreads
But contemplation regarding 'market maker' status
Do you have a list of brokers that would be considered NON-Market makers?
When the waves are good- Ride them, If they are not, wait for the next set
Miembro desde Jun 03, 2010
posts 696
Miembro desde Jan 17, 2014
posts 3
Jan 21, 2014 at 14:05
Miembro desde Oct 25, 2012
posts 63
I have heard of IC but I think a lot of brokers have slippage, sometimes it cannot be avoided as execution always involves a delay. You just need to go for a broker that has a BIG liquid pool, with lots of providers of prices and buying/selling.
No matter which ECN/STP forex broker you go for you will encounter trades with slippages but sometimes it can be positive and negative - sometimes weighing in your favour or against you. It's just a matter of how quickly the market it moving and what kind of trader you are.
No matter which ECN/STP forex broker you go for you will encounter trades with slippages but sometimes it can be positive and negative - sometimes weighing in your favour or against you. It's just a matter of how quickly the market it moving and what kind of trader you are.
When you lose, don't lose the Lesson
Miembro desde Nov 19, 2014
posts 2
Mar 30, 2015 at 06:29
Miembro desde Nov 19, 2014
posts 2
Hello,
the best thing to do is to look under their skirt, by finding out more about the actual trading costs.
Trading cost is influenced by mainly spread and commissions, but you should also pay attention to swap mark-up and conversion loss. These cost types are less known, however
they can raise your trading cost substantially.
If you want to get a good comparison of broker costs, I'd suggest you to take a look at the TraderProofer (https://tradeproofer.com/), they have a cost comparison engine which takes all
types of costs into consideration, you can even personalize your search accorcing to your trading style.
I hope this one helps for you.
the best thing to do is to look under their skirt, by finding out more about the actual trading costs.
Trading cost is influenced by mainly spread and commissions, but you should also pay attention to swap mark-up and conversion loss. These cost types are less known, however
they can raise your trading cost substantially.
If you want to get a good comparison of broker costs, I'd suggest you to take a look at the TraderProofer (https://tradeproofer.com/), they have a cost comparison engine which takes all
types of costs into consideration, you can even personalize your search accorcing to your trading style.
I hope this one helps for you.
Miembro desde Mar 30, 2015
posts 2
Mar 30, 2015 at 15:01
Miembro desde Mar 30, 2015
posts 2
Paxforex is Better Broker
'I have invested $10,000 and already earned $30,000. I withdrew my money and the transaction was processed without any complication. All of my deposits were processed in about 15 minutes and therefore I was able to trade in within minutes. PaxForex has many exciting promotions and an exquisite customer service. I suggest everybody to open a trading account with them!'
'I have invested $10,000 and already earned $30,000. I withdrew my money and the transaction was processed without any complication. All of my deposits were processed in about 15 minutes and therefore I was able to trade in within minutes. PaxForex has many exciting promotions and an exquisite customer service. I suggest everybody to open a trading account with them!'
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.