Does anyone know reliable broker with nano or micro lot, offering high leverage ( e.g. 1:400, 1:500 ) ?
NOTE: The broker must be WITHOUT fractional pip! (That is with four decimals on EUR/USD e.g. 1.4565 )
Don't be afraid your life will end; be afraid that it will never begin.
Lets recap... we are looking for a reliable broker that gives us the option to trade with leverage higher then 1:100
and most importantly gives us the possibility to open a position of 1.5555 lots for example (e.g. lot size STEP of 0.0001)
Any ideas?
Does anyone know reliable broker with nano or micro lot, offering high leverage ( e.g. 1:400, 1:500 ) ?
NOTE: The broker must be WITHOUT fractional pip! (That is with four decimals on EUR/USD e.g. 1.4565 )
Ignored
I don't think any broker could offer you micro or nano lots without having fractional pips to give you accurate pricing.
forex.com is the only broker that offered microlots with 4 decimal pricing on their regular accounts.
update: gomarketsaus.com is offering nano lots on their L-plate (learner) account. The MAXIMUM deposit is $1000, but you can trade up to whatever you want. You can only "top-up" if your balance falls below $1000. You get the same 1:500 leverage if you request it.
They limit you to only one account per customer.
Not bad for testing any strategy that incorporates dollar cost averaging.
update: gomarketsaus.com is offering nano lots on their L-plate (learner) account. The MAXIMUM deposit is $1000, but you can trade up to whatever you want. You can only "top-up" if your balance falls below $1000. You get the same 1:500 leverage if you request it.
They limit you to only one account per customer.
Not bad for testing any strategy that incorporates dollar cost averaging.
Ignored
This thread was started way back in 2009 but I'm glad that people are searching for the "right broker" ( in my belief there is no such thing). Gomarkets are by far the suitable broker in regards to the requirements in my previous post. But it's a Ozzie based broker so the time to execute an order may be too long for traders from the old continent ( 5 to 10 secs ). Meaning that if you're trading small TFs just forget about it. Tried different scripts, EA's but the executions still lags. Another plus is that they have the lowest spreads however if you're planning to open a small account the wire-transfer can be costly. In the past they had option to make a deposit by Credit Card but I guess their anti-fraud department wasn't doing a great job so they've removed this option.
Don't be afraid your life will end; be afraid that it will never begin.
But it's a Ozzie based broker so the time to execute an order may be too long for traders from the old continent ( 5 to 10 secs ). Meaning that if you're trading small TFs just forget about it.
Ignored
Really? I just tried vantagefx demo account and imo 5 to 10 seconds sound a little bit exaggerated. I am living in germany and do not see any difference between them and any other broker from europe.
Really? I just tried vantagefx demo account and imo 5 to 10 seconds sound a little bit exaggerated. I am living in germany and do not see any difference between them and any other broker from europe.
Ignored
I haven't use the services of vantagefx therefore I don't know what is their execution time. If you have comments about this broker you may find useful information here
GoMarkets have AU based server so it will take some time to fill out the order, depending on many factors. Vantagefx can't be far from this as well. It may not happens on every trade but it's frequently enough to make you consider if you want to continue using their service especially if you trade smaller TF.
Don't be afraid your life will end; be afraid that it will never begin.
VantageFx has done a good job of separating themselves from GoMarkets. Not all Australian brokers host their servers in australia. Best to contact the broker and find out where their servers are hosted.
Joined Jan 2011
|
Status: Senior Trader
|1,475 Posts
Im happy with FXCM micro UK
they are regulated and STP,
they offer 400:1
no requotes and no comission
fast execution, etc etc
all you pay is the spread
only negative is the charting have some errors
but overall they offer very good platforms.
a lot of free education etc, etc
Bulls are stupid Animals!especially when Im short!
VantageFx has done a good job of separating themselves from GoMarkets. Not all Australian brokers host their servers in australia. Best to contact the broker and find out where their servers are hosted.
VantageFx has done a good job of separating themselves from GoMarkets. Not all Australian brokers host their servers in australia. Best to contact the broker and find out where their servers are hosted.
Ignored
Vantage FX's trading server is in Australia, they have slow execution from UK.
I have been trading on demo accounts on MT4 platform for 8 months now and I am getting ready to go live (scary) by scary I mean what broker to go with? I've read so much stuff out there about brokers, hidden fees/access to account/etc etc. I want to trade but I am concerned about being able to take income, assuming I am successful, I also want a GBP account. I understand there are hundreds of brokers out there, I just want one that is going to pay back into my bank as and when required quickly and efficiently.
I have a live account with http://www.onefinancialmarkets.com/ I tested their demo first and opened an account 2 weeks ago and am happy with them. They are in the UK and regulated by FSA. I would also recommend Alpari UK. I used to have an account with them and had no problems.
When you start trading live I would recommend to trade nano, mini, small lots (0.01 etc.) when you make money consistently in that lot i would go bigger 0.02 etc. But don' t be greedy. It will take time but your account will thank you in the long run. i have been trading live since summer 2009.
I have been trading on demo accounts on MT4 platform for 8 months now and I am getting ready to go live (scary) by scary I mean what broker to go with? I've read so much stuff out there about brokers, hidden fees/access to account/etc etc. I want to trade but I am concerned about being able to take income, assuming I am successful, I also want a GBP account. I understand there are hundreds of brokers out there, I just want one that is going to pay back into my bank as and when required quickly and efficiently.
