which broker to use for $1MILL account?

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.

@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

Dukascopy is one of what you search

Dukascopy.

CFH Markets

LMAX, no?

Split your funds between these three and copy trades over:

1. Dukascopy
2. Mb Trading
3. FXCM

Negotiate spreads/commission with each before depositing.

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

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.

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

Alpari institutionnal account ! Or onefinancialmarkets !

alpari is a broker which ecn and is trustworthy, I never had a problem.

Try with the SGT Markets - I use them to manage $ 130 000,00 and never had problem with them in withdraw and deposit.

FinFx.fi or ATC

I'm using IBFX...............no problems so far.
Very good service and execution

Deposit on many brokers.... For example, 100 000 on alpari uk, 100 000 on activtrades etc...
Choose regulated broker by European bank

I'm shocked to read some of the names that people are suggesting for accounts of that size.

...

@FXGearsDOTcom I agree, 95% of these wouldn't get $1 out me either.

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 !

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