Broker needed for USA clients. Must allow hedging and participate in rebates.

How about those deposit and withdrawl fees that FinFx charges? Anyone find that annoying?

how much are they charging for deposit and withdrawal fees?

A few of my US mates and I trade with FX Choice and are very pleased with the service and to top it off we get a rebate through FX Rebate Central- worth checking out.

I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.

My broker accept all client without additional questions. www.paxforex.com

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.

dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.

This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

   mkeysor posted:
   

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.

dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.

I trade through BeamFX. As you've said though, FXDD apparently does it now as well. I don't think it will be too long before more brokers jump on the bandwagon. I'm surprised most U.S. traders still don't know they can hedge and exit trades in whichever order they like. This has been around for months...

ILQ is one that i know that does back office too.

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

You and your Broker are SCAM! PaxSCAM....

and also rebates

   PayPip posted:
   This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

Some people use EA's that hedge the same pair, that's why the information is useful. Quit being hung up on thinking you know everything.

   mkeysor posted:
   

   PayPip posted:
   This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

Some people use EA's that hedge the same pair, that's why the information is useful. Quit being hung up on thinking you know everything.

My point is why ? there are so many other options...I don't get it

If it's really that important open two accounts.

My home built EA works by comparing the negative correlation between 2 or more pairs. The closer the correlation the better it trades. A broker tha meets the requirments listed would provide me with a better chance to make profits. Just using a different pair can provide some unneeded losses. You can see my charts for review. All charts and the EA is still in beta mode.

I can't believe this 'professor' is still around. Look at this chart (https://www.myfxbook.com/members/Professor53/professor53-june-15th-edition-ea/328808). He's running some dumb hedge / martingale EA he found on the internet. It made a few good wins but in the end it will blow up his account. Can't wait until he tries to sell this crap.

Thanks for the negative notes. Those EAs running on my chart are my own design. I really dont have planns to sell the EA. I only need it to make a positive cash flow with a safe drawdown. My home built EA if you wish to known is a negative correlation setup and lets the losers run and doubles on the winners. ALso has a swing ssytem to reset and balance the trading to prevent the martingale bonus from moving to fast or to high. All my design and all my own. Its not the holly grail, but based on math. No indicators and no filters. Thats why you see so many charts running with different setups. I have a server business and its a great way to test forward since you cant back test a MT4 EA with mulitiple pairs. Once ,( if ever) its safe to trade, I will give you a copy for free to demo and test.
Garry

   tenix posted:
   I can't believe this 'professor' is still around. Look at this chart (https://www.myfxbook.com/members/Professor53/professor53-june-15th-edition-ea/328808). He's running some dumb hedge / martingale EA he found on the internet. It made a few good wins but in the end it will blow up his account. Can't wait until he tries to sell this crap.

Don't be a weiner. Everybody is on here to try to help other traders out, there's no need to attack or belittle someone. Professor do your thing, you'll figure out something that works for you.

   MetaCoder posted:
   

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

Are you against me or my broker?
If you have bad experience show it.
If you are against me, what is the reason behind it?
or you just some IB of you broker, that you are promoted through your profile?

   PaxForexTrader posted:
   

   MetaCoder posted:
   

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

Are you against me or my broker?
If you have bad experience show it.
If you are against me, what is the reason behind it?
or you just some IB of you broker, that you are promoted through your profile?

Am an account Manager. I am aware of many clients with your company who never got Paid as a result of your Ponzi Scheme.