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Micro Lot

  • #21
  • Jul 10, 2008 3:13pm Jul 10, 2008 3:13pm
Quoting pipkin
Thanks for the input CTGUY. From your response I'd say you worked for them or something. LOL. Either way, what do you mean that they limit trades? As in 50 trades per day? Please explain.
They limit the number of lots you can trade at one time. No one can trade higher than 50 standard lots on any single trade.

This is the first post that I can recall where I voiced my opinion on FXDD. My account size is at a level where I need to be very cautious with the broker I trade with.


One more thing, they don't have rules on scalping....and I scalp daily and never had a problem.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #22
  • Jul 10, 2008 4:45pm Jul 10, 2008 4:45pm
I am happy with my small FXDD account. They have worked with me if an odd spike hit one of my EA trades.

If you enjoy studying your account history they are a better choice than IBFX at the moment. FXDD allows you to print historical data from your MT4 platform for prior years.
  • #23
  • Jul 10, 2008 5:05pm Jul 10, 2008 5:05pm
Quoting nvwine
They have worked with me if an odd spike hit ...
NVWINE, how often do you see a spike with their MT4 software? Are they big? How big?

The reason I ask is I want to try the Amazing Forex System originally made by Robert Borowski. If you know this strategy, then a big spike would completely take out your SL's when the news broke.
  • #24
  • Last Post: Jul 10, 2008 5:32pm Jul 10, 2008 5:32pm
Quoting pipkin
NVWINE, how often do you see a spike with their MT4 software? Are they big? How big?

The reason I ask is I want to try the Amazing Forex System originally made by Robert Borowski. If you know this strategy, then a big spike would completely take out your SL's when the news broke.
I don't news trade so I can't really answer your question.
My comment about the occasional spike was meant as a positive comment about FXDD. Their willingness to work with me regarding account adjustments. The spikes I am talking about are random and seldom.
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