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Opening a New Real Account: Best Broker to Choose
Miembro desde Sep 12, 2015
posts 1948
Dec 21, 2015 at 14:38
Miembro desde Sep 12, 2015
posts 1948
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.
There charts are fast,good for scalping.
"They mistook leverage with genius".
Dec 30, 2015 at 07:41
Miembro desde Dec 29, 2015
posts 1
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........
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........
Oct 07, 2016 at 10:39
Miembro desde Sep 14, 2016
posts 18
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.
Nov 17, 2016 at 15:54
Miembro desde Dec 17, 2015
posts 41
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? 😄
Need for speed!
Nov 18, 2016 at 09:02
Miembro desde Dec 17, 2015
posts 41
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.
Need for speed!
Nov 28, 2016 at 16:01
Miembro desde Mar 26, 2015
posts 35
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!
Nov 28, 2016 at 16:02
Miembro desde Mar 26, 2015
posts 35
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!
Miembro desde Sep 12, 2015
posts 1948
Nov 28, 2016 at 16:06
Miembro desde Sep 12, 2015
posts 1948
LLewis posted:snapdragon1970 posted:Yes you are correct, I'm aware of it .
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.
"They mistook leverage with genius".
Miembro desde Nov 29, 2016
posts 6
Nov 29, 2016 at 08:15
Miembro desde Nov 29, 2016
posts 6
you might want to try ITRADER https://itrader.com MT4 platform and regulated by CySEC.
Nov 29, 2016 at 08:23
Miembro desde Apr 17, 2015
posts 64
snapdragon1970 posted:
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.
You were trading with the broker whose dealing desk you worked at? 😁
Knowledge is king!
Miembro desde Mar 31, 2015
posts 45
Nov 30, 2016 at 15:48
Miembro desde Mar 31, 2015
posts 45
satishsanjit posted:
you might want to try ITRADER https://itrader.com MT4 platform and regulated by CySEC.
Regulated by CySEC to do what exactly? Haven't heard of this broker yet.
Miembro desde Nov 29, 2016
posts 6
Dec 01, 2016 at 08:05
Miembro desde Nov 29, 2016
posts 6
Regulated by CySEC to do what exactly? Haven't heard of this broker yet.
it started since 2013, here is the regulation by CySEC you might want to check. https://www.itrader.com/en/page/regulation
it started since 2013, here is the regulation by CySEC you might want to check. https://www.itrader.com/en/page/regulation
Miembro desde Feb 22, 2011
posts 4862
Dec 01, 2016 at 11:03
Miembro desde Feb 22, 2011
posts 4862
DNatural posted:
I use FxGlory
@DNatural
I would not recommend to use it.
It is very similar to RVD markets
And we all know what happen to RVD markets...
Miembro desde Jul 19, 2020
posts 318
Miembro desde Nov 16, 2020
posts 29
Dec 10, 2020 at 10:27
Miembro desde Nov 16, 2020
posts 29
A good choice with ECN there. You will find lowest spreads there, pricing is always competitive due to choices by liquidity providers. Fxview and Xm are the 2 that I am using currently, and both offer ecn accounts, in fact fxview offers only pure ECN. Commission cost is low at a dollar for one side, and spreads can get low as 0.0 pips on major pairs. IC Markets is another broker you can look at for low spreads, 0.1 pips average.
Miembro desde Feb 22, 2011
posts 4862
Dec 14, 2020 at 09:49
Miembro desde Feb 22, 2011
posts 4862
amsoc posted:What leverage do they offer?
Dukascopy Bank (Genève)
Dec 16, 2020 at 09:47
Miembro desde Jun 01, 2020
posts 55
Broker selection isn’t easy, you must check on various factors. But don't miss to see the regulation tags with good ecn conditions. Also, no harm in trying multiple options. IC Markets and Fxview been at the top of my list, for best spreads and friendly trading conditions. Rest, go as per your requirements and suitability.
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