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Best Broker to Invest $100K Into

  • #21
  • May 28, 2008 5:52am May 28, 2008 5:52am
Quoting tarektm
well, from my point of view, each time we loose with one broker we say it is bad.

and i have never seen perfect rating for a broker before.

they have high spread, and that's bad, but i like their platform and charting.
also there support was helpful.
if your planning on holding trades overnight keep your leverage at 50:1 if not your gonna be paying swap both ways at double the price. they are expensive.
If I Go Broke Trying Then I Will die happy.
  • #22
  • May 28, 2008 5:53am May 28, 2008 5:53am
Quoting Moe
if your planning on holding trades overnight keep your leverage at 50:1 if not your gonna be paying swap both ways at double the price. they are expensive.
i am aware of that fact, but i have swap free account
  • #23
  • May 28, 2008 7:29am May 28, 2008 7:29am
tarektm,

are you from Saudi?
  • #24
  • May 28, 2008 7:30am May 28, 2008 7:30am
Quoting fxtrader42
tarekm,

are you from Saudi?
i am from Kuwait Neighbor of Saudi Arabia.
  • #25
  • May 28, 2008 7:33am May 28, 2008 7:33am
Quoting tarektm
i am from Kuwait Neighbor of Saudi Arabia.
Last time I asked FXSol for an interest free account... (one week ago) they told me that I had to be from Saudi and that they didnt do it for any other ME country. I guess that is not true...
  • #26
  • May 28, 2008 7:38am May 28, 2008 7:38am
Quoting tarektm
i am aware of that fact, but i have swap free account
don't they charge you a fee for that.
If I Go Broke Trying Then I Will die happy.
  • #27
  • May 28, 2008 7:38am May 28, 2008 7:38am
Quoting fxtrader42
Last time I asked FXSol for an interest free account... (one week ago) they told me that I had to be from Saudi and that they didnt do it for any other ME country. I guess that is not true...
well, i had to fight with them and they accepted to open Islamic account for me because i am Now an IB and there is an agreement between me and them for the Islamic accounts.

but usually, they give Swap free accounts just for Some IBs and Saudi Individuals.
  • #28
  • May 28, 2008 7:39am May 28, 2008 7:39am
Quoting Moe
don't they charge you a fee for that.
well, there might be Fees also and each trade will be reviewed by them.
  • #29
  • May 28, 2008 7:47am May 28, 2008 7:47am
Quoting tarektm
well, i had to fight with them and they accepted to open Islamic account for me because i am Now an IB and there is an agreement between me and them for the Islamic accounts.

but usually, they give Swap free accounts just for Some IBs and Saudi Individuals.
Did they give you top payout... 1.50$ per mini?
  • #30
  • May 28, 2008 8:55am May 28, 2008 8:55am
Quoting tarektm
well, there might be Fees also and each trade will be reviewed by them.
i don't like the idea of that, you need to be an ecn boker with that kind of money. good luck and i wish you well.
If I Go Broke Trying Then I Will die happy.
  • #31
  • May 28, 2008 9:42am May 28, 2008 9:42am
Quoting Moe
i don't like the idea of that, you need to be an ecn boker with that kind of money. good luck and i wish you well.
I dont necessarly agree...100k isnt a lot but you can get a MM to give you a tighter spread with that and interest free. Thats why I think he made a bad choice with FXsol
  • #32
  • May 28, 2008 10:20pm May 28, 2008 10:20pm
Quoting fxtrader42
I dont necessarly agree...100k isnt a lot but you can get a MM to give you a tighter spread with that and interest free. Thats why I think he made a bad choice with FXsol
if i didn't like working in Fxsol, i might then choose different broker.
but for the time being, i am going to try them.
  • #33
  • May 29, 2008 12:17am May 29, 2008 12:17am
Quoting fxtrader42
I dont necessarly agree...100k isnt a lot but you can get a MM to give you a tighter spread with that and interest free. Thats why I think he made a bad choice with FXsol
yes spreads or horrible, but still i say 100k can get you with an ecn. there are mm out there but would you trust them with large orders.
If I Go Broke Trying Then I Will die happy.
  • #34
  • May 29, 2008 12:22am May 29, 2008 12:22am
Quoting Moe
yes spreads or horrible, but still i say 100k can get you with an ecn. there are mm out there but would you trust them with large orders.
well,
which Trusted ECN Could you suggest?
  • #35
  • May 29, 2008 5:15am May 29, 2008 5:15am
Quoting Moe
yes spreads or horrible, but still i say 100k can get you with an ecn. there are mm out there but would you trust them with large orders.
yes absolutely could trust them with large orders, however, fxsol is not one that i could trust.
  • #36
  • May 29, 2008 5:28am May 29, 2008 5:28am
Quoting fxtrader42
yes absolutely could trust them with large orders, however, fxsol is not one that i could trust.
you can trust fxsol with large order's this broker is where i made the bulk of my money after i left forex.com anf fxcm i settle with these guys and made a killing from news trading with them then went with interbankfx and so on there only a few mm i trust with large order and fxsol is one of them, me i would look for cheaper because im a swing trader that hold trades from 1-4 days so swap is a major thing to me. to each it own.
If I Go Broke Trying Then I Will die happy.
  • #37
  • May 29, 2008 5:35am May 29, 2008 5:35am
Quoting Moe
you can trust fxsol with large order's this broker is where i made the bulk of my money after i left forex.com anf fxcm i settle with these guys and made a killing from news trading with them then went with interbankfx and so on there only a few mm i trust with large order and fxsol is one of them, me i would look for cheaper because im a swing trader that hold trades from 1-4 days so swap is a major thing to me. to each it own.
That's a good say.
i can trust them also, and i know there are a lot of people in Fxsol who have deposited Millions of Dollars.
but i have chosen them, because they suite my needs
  • #38
  • May 29, 2008 5:41am May 29, 2008 5:41am
Quoting tarektm
That's a good say.
i can trust them also, and i know there are a lot of people in Fxsol who have deposited Millions of Dollars.
but i have chosen them, because they suite my needs
go with what suite your needs , you should close this thread now, hit the thread tools at top and close this thread, good luck with your trading.
If I Go Broke Trying Then I Will die happy.
  • #39
  • Last Post: May 29, 2008 5:44am May 29, 2008 5:44am
i will close the thread now, and nice to meet a good guy like you here

thanks for your help.
and if you know one ECN That is good enough for a serious amount of money, not just $100000, please let me know by PM.

once again, thank you.
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