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which broker to use for $1MILL account?
Uczestnik z Sep 13, 2012
2 postów
Jul 27, 2013 at 10:56
Uczestnik z Sep 13, 2012
2 postów
Stuff the spread! the spreads (fees) are always negotiable depending on your volume and capital.
I would think about CAPITAL SECURITY! if you thinking about investing 1M into a forex account. There is no good having the best spread in town if you money is in some dodgy broker.
1. Make sure they are a listed (read audited) company or not owned by a select few (like PFG)
2. Make sure they are regulated by a real regulator
3. They are Headquartered in UK, USA or Australia (and in a major financial center).
4. Best to check investor protection rules for that country ie whats the government guarantee on the funds if the company disappears / goes bust or the financial system falters, some counties provide 250k protection so open 4 accounts and link them.
5. check forexpeacearmy.com for scam reviews (though remember most traders lose because they trade like drunk monkeys 95% of the time it has nothing to do with the broker).
6. Open a demo with them and a small live account to test their system.
7. If your happy with them after a few months consider moving more money across.
I would think about CAPITAL SECURITY! if you thinking about investing 1M into a forex account. There is no good having the best spread in town if you money is in some dodgy broker.
1. Make sure they are a listed (read audited) company or not owned by a select few (like PFG)
2. Make sure they are regulated by a real regulator
3. They are Headquartered in UK, USA or Australia (and in a major financial center).
4. Best to check investor protection rules for that country ie whats the government guarantee on the funds if the company disappears / goes bust or the financial system falters, some counties provide 250k protection so open 4 accounts and link them.
5. check forexpeacearmy.com for scam reviews (though remember most traders lose because they trade like drunk monkeys 95% of the time it has nothing to do with the broker).
6. Open a demo with them and a small live account to test their system.
7. If your happy with them after a few months consider moving more money across.
Uczestnik z Mar 13, 2013
166 postów
Jul 28, 2013 at 18:06
Uczestnik z Mar 13, 2013
166 postów
@ea007
HELLO
I do not know Dukacopy as brocker but as basic data for free download
For MIG, It does well in the ECN
Regards
Hiroo59
HELLO
I do not know Dukacopy as brocker but as basic data for free download
For MIG, It does well in the ECN
Regards
Hiroo59
Uczestnik z May 02, 2013
9 postów
Uczestnik z Mar 24, 2010
84 postów
Uczestnik z Jan 31, 2012
168 postów
Uczestnik z Mar 13, 2013
166 postów
Aug 13, 2013 at 13:27
Uczestnik z Mar 13, 2013
166 postów
prefer a more ECN broker for a fixed spread to avoid getting hit the stop loss as it twists and cheaper. you can go globalprime
Aug 13, 2013 at 14:28
Uczestnik z Jan 02, 2013
8 postów
How can You imagine ECN broker with fixed spread? The firm is either ECN broker with spreads from liquidity providers or market maker with fixed spread who is dealing against You. If somebody gives fixed spread and claims that it is at the same time ECN broker this firm is scam. There are big respected companies which utilize both schemes of execution but they declare it transparently and client has an opportunity to choose consciously with whom to trade - with market or with the market maker.
The lack of charisma can be fatal.
Uczestnik z Mar 13, 2013
166 postów
Aug 13, 2013 at 14:44
Uczestnik z Mar 13, 2013
166 postów
Hello @alexander,
We work with a broker who assured us the fixed spread and make money on commission per trade past. it is more interesting than where the broker spread varies greatly and the trade is made against us.
Because it is the broker who sent the market price while a ECN broker directly send the order to the market so no intermediary.
regards
Hiroo59
We work with a broker who assured us the fixed spread and make money on commission per trade past. it is more interesting than where the broker spread varies greatly and the trade is made against us.
Because it is the broker who sent the market price while a ECN broker directly send the order to the market so no intermediary.
regards
Hiroo59
forex_trader_88964
Uczestnik z Aug 24, 2012
119 postów
Aug 13, 2013 at 16:16
Uczestnik z Aug 24, 2012
119 postów
Alpari institutionnal account ! Or onefinancialmarkets !
Uczestnik z Mar 13, 2013
166 postów
Aug 13, 2013 at 16:22
Uczestnik z Mar 13, 2013
166 postów
alpari is a broker which ecn and is trustworthy, I never had a problem.
Uczestnik z Jun 03, 2010
696 postów
Sep 17, 2013 at 14:04
Uczestnik z Jun 03, 2010
696 postów
Try with the SGT Markets - I use them to manage $ 130 000,00 and never had problem with them in withdraw and deposit.
PAMM MANAGER // Professional Fund Manager
forex_trader_91886
Uczestnik z Sep 18, 2012
150 postów
Sep 20, 2013 at 00:31
Uczestnik z Sep 18, 2012
150 postów
I'm using IBFX...............no problems so far.
Very good service and execution
Very good service and execution
forex_trader_150670
Uczestnik z Sep 12, 2013
110 postów
Sep 22, 2013 at 06:11
Uczestnik z Sep 12, 2013
110 postów
Deposit on many brokers.... For example, 100 000 on alpari uk, 100 000 on activtrades etc...
Choose regulated broker by European bank
Choose regulated broker by European bank
Uczestnik z Jun 15, 2012
18 postów
Uczestnik z Sep 13, 2012
2 postów
Sep 23, 2013 at 13:02
Uczestnik z Sep 13, 2012
2 postów
@FXGearsDOTcom I agree, 95% of these wouldn't get $1 out me either.
Uczestnik z Jul 22, 2013
216 postów
Oct 01, 2013 at 20:51
Uczestnik z Jul 22, 2013
216 postów
Josep2013 posted:
I have invest in fxglory before they are not regulated but every thing else was good I received my withdrawal request amount 300,000$ after a week only
So I have worked with
windsor
FXpro
with mount more than 100K.
they are nice too but I suggest you to invest in different brokers and copy your trades ;)
good !
___
SNF-Complex system - build in 2007 \ Tested from 1970.
Uczestnik z Jul 22, 2013
216 postów
Oct 01, 2013 at 20:51
Uczestnik z Jul 22, 2013
216 postów
ea007 posted:
Which broker would you trust for that amount?
https://www.barclaysmarginfx.com/forex-trading-platform/spreads-and-margin-rates
or
https://www.citifxpro.com/trading-conditions
SNF-Complex system - build in 2007 \ Tested from 1970.
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