Hi,
I'm a US based newbie looking for my first broker. I have played with FOREX.Com but do not like the fact that I can't set stops or trade directly on the chart iteslef. I am also concerned about FIFO rules. I need to be able to set my stop-loss / limit orders directly on the chart and be able to move the stop around on the chart. If FIFO prevents me from using stop-loss, would i need to look for a foreign broker?
I also need
1) Tight spreads
2) No dealer desks or manipulation by the broker
3) News feeds
Do I need to go to a foreign broker for the ability to avoid FIFO?
If so, what are the pros/cons of foreign vs US brokers?
Which broker could you recommend that fits my requirements and best of all, allows setting stops and trading from the charts?
Thanks
Aadoyle
I'm a US based newbie looking for my first broker. I have played with FOREX.Com but do not like the fact that I can't set stops or trade directly on the chart iteslef. I am also concerned about FIFO rules. I need to be able to set my stop-loss / limit orders directly on the chart and be able to move the stop around on the chart. If FIFO prevents me from using stop-loss, would i need to look for a foreign broker?
I also need
1) Tight spreads
2) No dealer desks or manipulation by the broker
3) News feeds
Do I need to go to a foreign broker for the ability to avoid FIFO?
If so, what are the pros/cons of foreign vs US brokers?
Which broker could you recommend that fits my requirements and best of all, allows setting stops and trading from the charts?
Thanks
Aadoyle