Hi all
Am looking for a new broker in line with my trading style / requirements. Appreciate any suggestions from those with live account experience of the following brokers and or other suitable brokers.
Trading Method
1) Day trader
2) Trading Style - Main sigs (trend line, ma's, price action, pivots, fibs) are taken from daily, 4hr, 1hr chart. From these a long and a short entry line is created, the actual entry is then determined on 5 or 15 min chart when price is on or after break of these major confluence lines.
3) I don't trade the news and try to be out of market at announcements.
4) Often follow price momentum entering when price moves quickly outside of highlighted breakout zone. Also sometimes enter 5 -10mins after a news event if there is also good momentum and confirmation of trend.
5) I require automatic stoploss (50) facility in case of unexpected spikes, crashes etc
6) I place orders manually.
7) Absolute cheapest spread not biggest priority, mentality is more leaned to fixed spreads carrying risk of fewer surpises.
8) Account type would be Mini lots or spread betting (as u.k)
9) I concentrate on just 4 pairs £/us, us/jpy eur/us us/chf
I'm flexible to variable spreads but have not used them live and as I like momentum am not sure how much these spreads widen during non news time good price activity.
Was thinking either Oanda for the variable route or Gain or GFT for fixed spreads. Experience with Oandas trial platform over last month... seems to jam up alot to me.
From reading reviews seems all brokers get slammed in some way or other, but much of it does appear to be centred around news event issues.
Suppose what I'm really looking for is firstly a known financially secure company followed by consistent fast order execution (non news times), a stable platform, spreads with no nasty surprises (even if paying a bit more)and a customer service you can talk to quickly if a problem occurs. Does this exist!!!!!!???
My current broker whilst proving to be very fast fair and reliable when dealing with problems, their fixed spreads in last 2 years have just
become too uncompetitive and especially when those mysterious extra few pips get added here and there or the order fill is late for no apprarent reason.
What to do !!!!! fire away please.
many thanks
Am looking for a new broker in line with my trading style / requirements. Appreciate any suggestions from those with live account experience of the following brokers and or other suitable brokers.
Trading Method
1) Day trader
2) Trading Style - Main sigs (trend line, ma's, price action, pivots, fibs) are taken from daily, 4hr, 1hr chart. From these a long and a short entry line is created, the actual entry is then determined on 5 or 15 min chart when price is on or after break of these major confluence lines.
3) I don't trade the news and try to be out of market at announcements.
4) Often follow price momentum entering when price moves quickly outside of highlighted breakout zone. Also sometimes enter 5 -10mins after a news event if there is also good momentum and confirmation of trend.
5) I require automatic stoploss (50) facility in case of unexpected spikes, crashes etc
6) I place orders manually.
7) Absolute cheapest spread not biggest priority, mentality is more leaned to fixed spreads carrying risk of fewer surpises.
8) Account type would be Mini lots or spread betting (as u.k)
9) I concentrate on just 4 pairs £/us, us/jpy eur/us us/chf
I'm flexible to variable spreads but have not used them live and as I like momentum am not sure how much these spreads widen during non news time good price activity.
Was thinking either Oanda for the variable route or Gain or GFT for fixed spreads. Experience with Oandas trial platform over last month... seems to jam up alot to me.
From reading reviews seems all brokers get slammed in some way or other, but much of it does appear to be centred around news event issues.
Suppose what I'm really looking for is firstly a known financially secure company followed by consistent fast order execution (non news times), a stable platform, spreads with no nasty surprises (even if paying a bit more)and a customer service you can talk to quickly if a problem occurs. Does this exist!!!!!!???
My current broker whilst proving to be very fast fair and reliable when dealing with problems, their fixed spreads in last 2 years have just
become too uncompetitive and especially when those mysterious extra few pips get added here and there or the order fill is late for no apprarent reason.
What to do !!!!! fire away please.
many thanks