Live Trading with MT

after about 18 months of on and off paper trading, i think it is time to go live. My account is up several thousand and I'm ready to do the real thing.

There are many brokers that use MT4, but some of them seem shady. I am looking for a U.S. based broker that uses MT4 as their platform. Can anyone give me any recommendations as to which broker they are using with an MT4 platform? Currently my practice account is with IKON GM - Royal Division. HELP !! I dont want to give my money to the wrong people.

If your in the us; your options are a little limited.
I use both fxlite and interbank fx for my us based accounts. Interbank, is a little bit of a bucketshop at times. Ie.. spreads vary just when you ea should be taking the trade and have a habit of opening up the ones you don't. No problems autotrading with Fxlite.
You could also try multibank out of california. Have not trading live, but I like their style/
If you are manual trading - I like efx. The platform is "smoothe" once you get the hang of the orders. If I had my choice and had time
to manual trade. I would not use metatrader.

I have an account with IKON Royal for a while now and every thing is great. There customer support in excellent and so is their execution. They actually show real execution levels on their demo accounts.

Good Luck, and let us know of your experience with IKON Royal after you do open a live account

Hi Meforex,

Did you see any difference between the Ikon simulated account and the real account for Options, I am refering to the quotes and spreads of their options that seems a bit cheap and tide on their simulated accounts.

Tks

Denis

hello Denis,

I mainly trade SPOT with IKON Royal not OPTIONS. Options I believe are offered via the main division of IKON GM. I know that they have the only live streaming options platform in the world, and I heard that 90-95% of FX options trading that happens around the world goes through their system at some point. My experience with their MT4 platform for spot fx has been great. They just added SPOT gold and silver, but unfortunately rules forbid them to offer it to US clients. I guess the exchange doesnt wanna lose any business. Let me know if you decide to open a live account with the royal division, I can speak with my representative to talk to you directly. She is great, her name is Kendra. She literally takes care of every thing I need. No hassle at all.

have a good week end