Who's you favourite for live MT4 broker?

Does anybody know a broker that offers microlots and allows to have an account in €?

Neuimex maybe?

check fxsol.com

Thanks but I meant a MT4 broker

WOW! Seeing how alot of traders are not happy with many that support MT4, I'm wondering if it's worth trading through them at all despite some promise of good EA strats here. I'm testing a few right now so I'll hold back my judgment for now. But I'll keep a close eye on the warnings and feedback. Thanks.

Thanks for the tip, anybody else would like to comment on their experience with NorthFinance?

I'm not quite sure if it a good idea to go with a broker based in Cyprus?

Anybody know of a bank that actually supports MT4?

I suspect that they wouldn't be offering mini's, but maybe a standard account may be possible?

I did use {Name removed, see rule #2}, but then my friend showed me MT and specifically NF, since that time i use both of them. Withdrawals are fast. Clients treatment is good as well.


Cyprus=European Union

Dont see any problem with that

Is it just good support OR great support :

I have live acc with NF i would stick to great one!

Cheers

Northfinance is off-shore. Registered in Belize.

That doesn't necessarilly mean that it is bad ... but I guess it is something to be aware off.

I just found this thread and cruised through the posts. It seems to me that we retail traders are swimming with alligators. Since market-maker brokers lose if we win, can we realistically expect to be winners for long? It looks like we can only expect to be mistreated (cheated?) no matter who we place our account(s) with! And then there is the safety of the money we put in our trading account(s), particularly when that money is not in the country one lives in. My old life as a futures trader is looking better and better!

...\larry.bye

Could u guys be kind enough to recomend a reliable broker with MT4 platform who allows micro lots n can be funded by a creidit card or e-gold
Your help would be much appreciated
God bless you

It depends what you mean by reliable. If you mean trustworthy I am afraid that the combination trustworthy / microlots / egold is a bit contradictory.

The reason is that it is in general the worst brokers that will offer the biggest facilities like egold and microlots because it is for them the only way to get customers.
The best ones are not offering that.

Anyway it is just my opinion.

Interbankfx is the best.

FJ

Very informative statement, which can provide LOTs of facts

IBFX is pretty good. If you are trading the News then prepare not to get filled all of the time. But that may be true anywhere. Please realize there is no perfect broker just like there is no Holy grail of trading systems. If you find one that you can work with then stay with them.

I even have luck with FXDD. At News times it sometimes appears they jump your stops, but it just takes a bit of time for the software to catch up. They also have some slippage with their stops, but that is part of the game they can not garuntee that someone will buyback (close) your order at the price you are asking for.

good luck

I tried their demo, looks ok.
But the most interesting is that they have relation with FXCH (swiss - with what I had very bad experience ). I send an email to Velocity, and respond was from FXCH? I asked about their relation, bet never got an answer!!!

So, I do not trust this broker!

I don't think I will ever use a US broker again. In all honesty I think those that are skeptical about using "offshore" (non-US) brokers will find that they are better off doing just that. If you were involved in the RefcoFX meltdown you will know that most US based FX brokers keep your money in non-segregated accounts i.e. They can use your money to pay for their salaries and office supplies. If the broker ever had to go into administration you will most likely never see your cash again. Ah, the resentment of an ex RefcoFX account holder.

The reality is that most other countries have far better laws governing your money held in broker accounts than the US. I don't know the specifics but I wouldn't be surprised if Belize laws protect your cash better than US based brokers.

Just my 2 cents worth. (That's what I'll be getting back from the bankruptcy courts for my RefcoFX account, if I'm lucky.) ;-)

Cheer,

Waka

Anybody knows what is the deal with GBPUSD?
FXDD used to quote it at 3pips and then lately they went to 4. And it is high spread on it everywhere I look. It seems to be highly tradeable pair no less popular than euro or yen.

I think the spread on the GBP/USD has gone up because of how volatile that pair is becoming. I remember trading a year or so ago with this pair, and the news made "movement" in the pair, but nothing like it does now-a-days. Even non-news crosses drives that currency up and down 40 pips within a small time. It's becoming scary.

Quick note on the taxes mentioned earlier. From all the accounting classes I have taken, including a course based on Income Tax Law, even if your earnings are in a different country, you still have to pay taxes on those gains in the US. If Coca-Cola issues a plant in China, makes tons of money, they would have to pay the taxes to China, then the earning comes back to the US books, and they have to pay taxes on that remaining profits. The only thing is, the US usually has special situations setup for this, so that your profit comes from certain countries, you don't get "double-taxed" as hard. You basically end up getting to write off the taxes paid to that country, and you only have to pay on what remains after the write-off (it's not 100% though, just an example).

Finally, I use InterbankFX (I also was destroyed in the Refco situation. So much paperwork to fill out to try and get my money back) and I don't news trade. All my orders are filled using my EA that I have built, usually within 1-2 seconds of when the order should be placed. My only complaint is that if I ever call about a general question, I never get an answer. Usually I am just brushed off the phone, which does not settle well with me.

Right now, I am thinking about CompassFX or FXDD. STarting to lean more towards CompassFX because of a lot of the FXDD flames. Compass is based in Texas, and they are a huge futures trading company (CompassFinancial). When I was heavy into futures, that is who I went through and they were extremely friendly, and would even take the time to help when called. Ofcourse, it could be a different ballgame when it comes to using them for FX trades instead, but I will hope for the best.