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Suggestion Please for a good, reliable FSA Regulated broker

  • Post #1
  • Quote
  • First Post: Edited Jan 14, 2012 9:38am Jan 10, 2012 8:46am | Edited Jan 14, 2012 9:38am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Hello my dear Friends !!

Nin hao, I am xiao kang from China.
I'm going to open live trading account & searching a good reliable Broker
which allow trading in Spot Metals & CFDS along with Forex &
regulated by FSA UK & have ECN/STP or DMA/STP Platform
****Not looking for Market Maker this time****
If anybody knows & have an account with such kind of brokers then
please please share your experience here.

Thanks

The more you trade the less you earn.
  • Post #2
  • Quote
  • Jan 10, 2012 11:18am Jan 10, 2012 11:18am
  •  Jfk
  • | Joined Nov 2009 | Status: Member | 227 Posts
Quoting kiku6
Disliked
Hello my dear Friends !!

I am xiao kang from China.
I'm going to open live trading account & searching a good reliable Broker
which allow trading in Spot Metals & CFDS along with Forex &
regulated by FSA UK & have ECN/STP or DMA/STP Platform
****Not looking for Market Maker this time****
If anybody knows & have an account with such kind of brokers then
please please share your experience here.

Thanks

...
Ignored
http://www.forexfactory.com/showthread.php?t=266866

I've been trading with LMAX for a couple of months now. No problems. $1000 min account. Execution is instant every time. No MM games.
 
 
  • Post #3
  • Quote
  • Jan 11, 2012 4:18am Jan 11, 2012 4:18am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting Jfk
Disliked
http://www.forexfactory.com/showthread.php?t=266866

I've been trading with LMAX for a couple of months now. No problems. $1000 min account. Execution is instant every time. No MM games.
Ignored
Hi There !!
I have Checked LMAX, they dont have Mt4 Platform.
Anyways, I will definetly think about it
Thanks JFK
The more you trade the less you earn.
 
 
  • Post #4
  • Quote
  • Jan 11, 2012 4:31am Jan 11, 2012 4:31am
  •  huchonok
  • | Commercial Member | Joined Jan 2012 | 181 Posts
hi! sorry for a little offtop, but why do you obviously need MT4? as for me there are a lot of other platfoms that have the same or even bigger functionality... if you want to find new broker, so why don't you try to find new platform too?
 
 
  • Post #5
  • Quote
  • Jan 11, 2012 4:32am Jan 11, 2012 4:32am
  •  rooicol
  • Joined Jan 2010 | Status: Trader | 494 Posts
Quoting kiku6
Disliked
Hi There !!
I have Checked LMAX, they dont have Mt4 Platform.
Anyways, I will definetly think about it
Thanks JFK
Ignored
I think L-Max will be providing MT4 sometime soon
 
 
  • Post #6
  • Quote
  • Jan 11, 2012 4:45am Jan 11, 2012 4:45am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting rooicol
Disliked
I think L-Max will be providing MT4 sometime soon
Ignored
Hello
It will be very nice!
BTW do you have an account with LMAX ?
if yes then how's your exp with them ?
deposit & withdrawing is smooth?

Thanks !!
The more you trade the less you earn.
 
 
  • Post #7
  • Quote
  • Jan 11, 2012 4:51am Jan 11, 2012 4:51am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting huchonok
Disliked
hi! sorry for a little offtop, but why do you obviously need MT4? as for me there are a lot of other platfoms that have the same or even bigger functionality... if you want to find new broker, so why don't you try to find new platform too?
Ignored
Nothing to be sorry my friend
but Im getting use to MT4 Platform for more than 2 years.
But your advice is simply considerable !!!!

Thanks !!
The more you trade the less you earn.
 
 
  • Post #8
  • Quote
  • Jan 11, 2012 5:03am Jan 11, 2012 5:03am
  •  rooicol
  • Joined Jan 2010 | Status: Trader | 494 Posts
Quoting kiku6
Disliked
Hello
It will be very nice!
BTW do you have an account with LMAX ?
if yes then how's your exp with them ?
deposit & withdrawing is smooth?

Thanks !!
Ignored
No, i don't have an account with them. Looking at their historic spreads they post on their website they seem to vary quite a lot:
Attached Image (click to enlarge)
Click to Enlarge

Name: Screen Shot 2012-01-11 at 10.02.46.png
Size: 50 KB
 
 
  • Post #9
  • Quote
  • Jan 11, 2012 5:42am Jan 11, 2012 5:42am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting rooicol
Disliked
No, i don't have an account with them. Looking at their historic spreads they post on their website they seem to vary quite a lot:
Ignored
wow sounds good !!
thanks for posting this spread chart

The more you trade the less you earn.
 
 
  • Post #10
  • Quote
  • Jan 12, 2012 11:04am Jan 12, 2012 11:04am
  •  adianto
  • | Commercial Member | Joined Dec 2007 | 139 Posts
Try Alpari UK.. I found they're great.... I have no issues yet with them....
 
 
  • Post #11
  • Quote
  • Jan 12, 2012 8:41pm Jan 12, 2012 8:41pm
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting adianto
Disliked
Try Alpari UK.. I found they're great.... I have no issues yet with them....
Ignored

Hi Adi
how long you have been trading with Alpari uk ?
Did you ever withdraw your profit ?
Do they have any hidden Charges ?

Thanks !!
The more you trade the less you earn.
 
 
  • Post #12
  • Quote
  • Jan 13, 2012 4:59am Jan 13, 2012 4:59am
  •  systray
  • | Commercial Member | Joined Jan 2009 | 114 Posts
Quoting kiku6
Disliked
Hello my dear Friends !!

I am xiao kang from China.
I'm going to open live trading account & searching a good reliable Broker
which allow trading in Spot Metals & CFDS along with Forex &
regulated by FSA UK & have ECN/STP or DMA/STP Platform
****Not looking for Market Maker this time****
If anybody knows & have an account with such kind of brokers then
please please share your experience here.

Thanks

Ignored
FXCM Active Trader ($50 000 min deposit) and Alpari Direct ($20 000 min deposit). Beware, many brokers advertise themselves as ECNs while actually the are not even close. A real ECN must allow you to place orders inside the spread.
 
 
  • Post #13
  • Quote
  • Edited Jan 15, 2012 9:06am Jan 14, 2012 9:19am | Edited Jan 15, 2012 9:06am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Hello Everybody !!

Systray's comment is absolutely make sense !!
And I am looking for the same, a broker who will allow me to place an order inside the spread & I found one too.



Name Velocity trade, New zealland.

After Contacting them they clarified me that they are ;
Authorised Dealer of Financial Market Authority, New zealand (FMA),
Authorised Member of New zealand Financial Market Association (NZFMA),
Member of New Zealand Financial dispute resolution Scheme,
Registered Australian Securites & Investment Commission (ASIC),
& Regulated by FSA UK.

They gives their client direct maket access (DMA)
They are providing the segregated bank account details to their each & every client (where the client fund is held).

Sounds Interesting !!!

So Friends Do Anybody have an account with them ?
& This all information which they gave me is authentic ?

Thanks !!
Have a fabulous weekend &
Happy Martin Luther King Day to all of my US Friends.........
The more you trade the less you earn.
 
 
  • Post #14
  • Quote
  • Jan 17, 2012 4:33am Jan 17, 2012 4:33am
  •  systray
  • | Commercial Member | Joined Jan 2009 | 114 Posts
Hi kiku6,

Velocity Trade seems to be well regulated, but their website in not very informative. Is it possible to open a demo account with them?

Regards,
Systray
 
 
  • Post #15
  • Quote
  • Jan 17, 2012 1:01pm Jan 17, 2012 1:01pm
  •  pemully
  • | Joined Aug 2011 | Status: riding the lightning | 935 Posts
Quoting kiku6
Disliked
Hello Everybody !!

Systray's comment is absolutely make sense !!
And I am looking for the same, a broker who will allow me to place an order inside the spread & I found one too.



Name Velocity trade, New zealland.

After Contacting them they clarified me that they are ;
Authorised Dealer of Financial Market Authority, New zealand (FMA),
Authorised Member of New zealand Financial Market Association (NZFMA),
Member of New Zealand Financial dispute resolution Scheme,
Registered Australian Securites...
Ignored
mmmhhhh....seems similar to divisa capital which uses mt4 dma.so far reviews seems good and thyve been around since 1993.but forex is still unregulated in new zealand no matter what they claim.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
 
 
  • Post #16
  • Quote
  • Jan 17, 2012 1:06pm Jan 17, 2012 1:06pm
  •  pemully
  • | Joined Aug 2011 | Status: riding the lightning | 935 Posts
....also consider dukas, ATC,fast brokers,pfg best....all real mt4 ecn's
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
 
 
  • Post #17
  • Quote
  • Jan 18, 2012 3:27am Jan 18, 2012 3:27am
  •  fx13
  • | Joined Dec 2009 | Status: Hunting | 394 Posts
Quoting systray
Disliked
FXCM Active Trader ($50 000 min deposit) and Alpari Direct ($20 000 min deposit). Beware, many brokers advertise themselves as ECNs while actually the are not even close. A real ECN must allow you to place orders inside the spread.
Ignored
Hi,

Don't think that FXCM Active trader fits the "ECN" definition. Also the price feed is built in a different way some time they have big & wide spread while compared to other serious ECN or currenex you will not find the spike!

13
Brokers are angels
 
 
  • Post #18
  • Quote
  • Jan 18, 2012 9:13am Jan 18, 2012 9:13am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting systray
Disliked
Hi kiku6,

Velocity Trade seems to be well regulated, but their website in not very informative. Is it possible to open a demo account with them?

Regards,
Systray
Ignored
sorry systray for my late reply bcoz these days i am on vacation
occasion of Chinese new year
Anyways, yes you can try their 30 days demo on their New Zealand website.
The more you trade the less you earn.
 
 
  • Post #19
  • Quote
  • Jan 19, 2012 4:12am Jan 19, 2012 4:12am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Quoting pemully
Disliked
mmmhhhh....seems similar to divisa capital which uses mt4 dma.so far reviews seems good and thyve been around since 1993.but forex is still unregulated in new zealand no matter what they claim.
Ignored
hi there !

"forex is still unregulated in new zealand no matter what they claim" ???
I am sorry but i didn't got your meaning, can you please explain it briefly ?

thanks !!
The more you trade the less you earn.
 
 
  • Post #20
  • Quote
  • Last Post: Jan 21, 2012 12:37am Jan 21, 2012 12:37am
  •  kiku6
  • | Joined Dec 2009 | Status: China Dragon | 42 Posts
Happy & Prosperous Chinese new year
to all of my friends & Family !!

The more you trade the less you earn.
 
 
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