Which broker has the best conditions for trading gbp/jpy ? | Forex Factory

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Which broker has the best conditions for trading gbp/jpy ?

  • #1
  • First Post: May 11, 2008 5:58pm May 11, 2008 5:58pm
Oanda offers 4-8 pips , will I find a better offer ?
Which is the cheapest one at the moment ?
  • #2
  • May 11, 2008 7:32pm May 11, 2008 7:32pm
go with ECN, you'll get very nice spread there
  • #3
  • May 12, 2008 4:27am May 12, 2008 4:27am
Try HotspotFX.
  • #4
  • May 12, 2008 9:02am May 12, 2008 9:02am
you can try comparing different brokers spreads at www.fxstadium.com
They got some pretty extensive list, and best of all free =).
hope that helps.
  • #5
  • May 12, 2008 9:13am May 12, 2008 9:13am
This is just a heads up that the fxstadium site indicated earlier might present inaccurate information.

Just out of curiosity I tried to compare a few brokers using their interface, Alpari UK appears listed as offering up to 500:1 leverage, when in reality they only offer up to 100:1 as indicated on the company's site.

Given that, there are probably more inaccuracies on fxstadium...
  • #6
  • May 12, 2008 10:12am May 12, 2008 10:12am
Hi tanantro, Alpari does offer 500:1 leverage if you specifically ask them for it. There's probably a limit on up to how much equity in your account to be able to trade at that leverage.

yeah i bet there are some errors on it, but hey, it's better than nothing right?
always double check before opening an acc.

Quoting tenantro
This is just a heads up that the fxstadium site indicated earlier might present inaccurate information.

Just out of curiosity I tried to compare a few brokers using their interface, Alpari UK appears listed as offering up to 500:1 leverage, when in reality they only offer up to 100:1 as indicated on the company's site.

Given that, there are probably more inaccuracies on fxstadium...
  • #7
  • May 12, 2008 12:25pm May 12, 2008 12:25pm
If you are starting with a small capital, MBT is good. If you have a bigger capital go with Interactive brokers or Hotspotfx.
  • #8
  • May 12, 2008 6:57pm May 12, 2008 6:57pm
Quoting good
If you are starting with a small capital, MBT is good. If you have a bigger capital go with Interactive brokers or Hotspotfx.
MBT is too expensive and has larger spreads.

If you got $7,5k you should go with Hotspot.
ForexFactory SUCKS.
  • #9
  • May 12, 2008 7:05pm May 12, 2008 7:05pm
Quoting htbreaker
MBT is too expensive and has larger spreads.

If you got $7,5k you should go with Hotspot.
I don't know about larger spreads, what makes them more expensive is there commissions.
If I Go Broke Trying Then I Will die happy.
  • #10
  • May 13, 2008 9:00am May 13, 2008 9:00am
well let me know if you find one
  • #11
  • May 13, 2008 8:47pm May 13, 2008 8:47pm
btw, perhaps ts interested with something like this :

http://www.johansetiawan.net/photo/up/50mfgcnx-s.png

  • #12
  • May 13, 2008 9:18pm May 13, 2008 9:18pm
Quoting white_tiger
btw, perhaps ts interested with something like this :
No sub-pip quotation? Get with the times.
  • #13
  • May 13, 2008 10:05pm May 13, 2008 10:05pm
Quoting white_tiger
btw, perhaps ts interested with something like this :

http://www.johansetiawan.net/photo/up/50mfgcnx-s.png


White tiger,

that looks like a cnx platform. Mind if I ask thru which broker it is?

Regards,
K.
  • #14
  • May 13, 2008 10:23pm May 13, 2008 10:23pm
@kgb yes, no sub pip but i've saw subpip few times.... but its rare
@k it is mfglobal singapore
  • #15
  • May 13, 2008 11:07pm May 13, 2008 11:07pm
Quoting white_tiger
@kgb yes, no sub pip but i've saw subpip few times.... but its rare
@k it is mfglobal singapore
how much the minimum to open an account?
  • #16
  • May 13, 2008 11:40pm May 13, 2008 11:40pm
around 20k
  • #17
  • May 14, 2008 5:21am May 14, 2008 5:21am
Quoting white_tiger
@kgb yes, no sub pip but i've saw subpip few times.... but its rare
@k it is mfglobal singapore
Hi white-tiger,

what is the allowed minimum trade size please?

thank you.
  • #18
  • May 14, 2008 6:45am May 14, 2008 6:45am
i dont remember.... perhaps around 0.5 lots (50k)
  • #19
  • May 14, 2008 8:07am May 14, 2008 8:07am
Quoting tenantro
This is just a heads up that the fxstadium site indicated earlier might present inaccurate information.

Just out of curiosity I tried to compare a few brokers using their interface, Alpari UK appears listed as offering up to 500:1 leverage, when in reality they only offer up to 100:1 as indicated on the company's site.

Given that, there are probably more inaccuracies on fxstadium...
Seriously don't see the point of 500:1 leverage.
  • #20
  • May 16, 2008 1:02pm May 16, 2008 1:02pm
Quoting white_tiger
i dont remember.... perhaps around 0.5 lots (50k)
did you remember their leverage and commission?
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