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- Ian_Lavoie replied Sep 10, 2018
If you are with IC Markets, I'm not sure why you would need another one. However, presuming that you are interested in brokers that operate in Australia, then XM is probably one of the best. They have the same commission as IC Markets, and spreads ...
- Ian_Lavoie replied Feb 27, 2017
It does not look like there is a lot of experience with XTB on Forex Factory. Anyone want to share their experience? The following are some broker reviews on XTB: 1) Not a ton on FPA, reviews are mixed to good: url 2) Some favorable user reviews ...
- Ian_Lavoie replied Feb 6, 2017
FXCM won't appeal, because they reached a settlement with the NFA. ie FXCM offered to settle, and the NFA accepted. Note that the NFA didn't fine them. url
- Ian_Lavoie replied Feb 6, 2017
This article has more detail that cataloged the list of violations that led to this ban: http://www.forexscamalerts.com/fxcm-permanently-banned-usa-fined-7-million I guess it is good that the US regulators are serious enough to go after these kinds ...
- Ian_Lavoie replied Feb 6, 2017
This article has more details about the ban, and what led up to it: url It's a pretty crazy list of violations going back for over a decade. It's crazy how these guys are still in business.
- Ian_Lavoie replied Sep 5, 2016
Badem, with respect, if you read the details of the Product Disclosure Statements (PDS) and the Client Agreements carefully, you will see that "segregated accounts" often doesn't mean what you think it means. Client funds are typically deposited ...
- Ian_Lavoie replied Sep 5, 2016
Trading with a US NFA/CFTC broker benefits you in ways you may not realize. Off the top of my head, the NFA independently verifies that their brokers do not have asymmetric slippage policies. Unregulated brokers usually offer fantastic spreads and ...
- Broker bankruptcies
Nobody wants to think it will happen to them, but this happens all the time: Forex brokers go ...
- Ian_Lavoie replied Jul 6, 2016
I tend to agree with you that most traders fail. They are quick to post the results of traders, however: The performance filters only go up to 2 years, and have many screening levels for shorter time periods. A copy trader should not be interested ...
- Ian_Lavoie replied Jun 19, 2016
e-Toro has some good things going for them, but also some questionable things that might cause you to look the other way: Good: - social / copy trading: some people love this, and this is one of the better platforms to do this kind of trading with - ...
- Ian_Lavoie replied Apr 24, 2016
I just want to ensure that everybody understands that there are three different companies operating under the FXOpen brand, and which of the three you go with has a meaningful impact on your trading: 1) FXOpen Ltd is a UK company regulated by the ...
- Ian_Lavoie replied May 10, 2015
I see a gap in Interactive Brokers, but it is not just a price gap, it is also a 15 minute time gap. Similar gaps in GBP.USD. Did you check the spread with those other brokers at that time? If liquidity tanked, showing a price may not get you very ...
- Ian_Lavoie replied Apr 8, 2015
I think Dukascopy is a fine choice. The only real reason for Interactive Brokers is to get your account balance protected by Canadian regulation. However, I checked Dukascopy, and your deposit up to 100,000 CHF is protected by the Swiss Banking Act ...
- Ian_Lavoie replied Apr 8, 2015
Ah, but what does the chart look like for January - March 2015?
- Ian_Lavoie replied Apr 8, 2015
Yes, that is a possible explanation. It seems like weak business controls on the part of Interactive Brokers, though they have been fined by the NFA in the past for inadequate monitoring of their customers. With that in mind, other possible ...
- Ian_Lavoie replied Apr 8, 2015
I don't know, Forexia, we had a pretty nice winter in Calgary this year compared to the rest of the country.
- Ian_Lavoie replied Apr 8, 2015
That sounds odd to me. I live in Calgary, Alberta and I have no trouble trading forex with my Interactive Brokers account.
- Ian_Lavoie replied Apr 2, 2015
From what I understand, Dukascopy is a decent broker, and their spreads on some pairs are hard to beat. I'm not sure if this still works, but you used to be able to get substantial discounts on Dukascopy commissions if you signed up through one of ...
- Ian_Lavoie replied Apr 2, 2015
Hi HiddenGap, here it is, from the NFA rulebook: "(ii) if a Forex Dealer Member exclusively uses straight-through processing such that the Forex Dealer Member automatically (without human intervention and without exception) enters into the identical ...
- Ian_Lavoie replied Apr 2, 2015
bobbyspider, one of the challenges of finding a good US broker is that there are not many of them. The super tight regulatory environment in the US has chased most of the brokers away. Those that remain are listed here. I would not bother with any ...