Which MT4 broker to trust 6 figure acc?? | Forex Factory

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Which MT4 broker to trust 6 figure acc??

  • #1
  • First Post: Edited 3:29pm Mar 31, 2007 3:23pm | Edited 3:29pm
Hello there,

I hope some of you can give me some input on this.

I have for the last 3 years used a non-MT4 broker, which is fine, but they dont have any automate trading possibilities/API. My smaller accounts I run at MIG, which is a MT4 broker and so farr im happy with them.

Im looking to move some bigger cash to a MT4 broker, but I need some advice about which MT4 broker is most "solid"?
I know it is not that easy to know, but any advice from traders would be highly appreciated.

By "solid" I mean, most respectable and covered by strong regulations e.t.c.

Any input on non-MT4 brokers, but which can trade automated by re-programming an MT4 EA is also appreciated.

Thanks for any advice,
Less is more...
  • #2
  • Mar 31, 2007 3:34pm Mar 31, 2007 3:34pm
only retail brokers use MT4 and I'd never trust a retail broker with over 50,000. If I were you, and what I plan on doing once I have around 50,000 is getting tradestation, converting your EA to easylanguage and trading with the tradestation platform.
  • #3
  • Mar 31, 2007 3:49pm Mar 31, 2007 3:49pm
Quoting pipcruiser
Hello there,

I hope some of you can give me some input on this.

I have for the last 3 years used a non-MT4 broker, which is fine, but they dont have any automate trading possibilities/API. My smaller accounts I run at MIG, which is a MT4 broker and so farr im happy with them.

Im looking to move some bigger cash to a MT4 broker, but I need some advice about which MT4 broker is most "solid"?
I know it is not that easy to know, but any advice from traders would be highly appreciated.

By "solid" I mean, most respectable and covered by strong regulations e.t.c.

Any input on non-MT4 brokers, but which can trade automated by re-programming an MT4 EA is also appreciated.

Thanks for any advice,
ECNs like dukascopy and alike have API/FIX. You can either make automated trading software using their API or try to connect MT4 or TradeStation to it (that should be possible). Retail brokers will move you to a deal desk and put on manual confirmation of your trades and you can forget about automation. MIG is a bucket shop as far as I know. Requotes and they dislike EAs in general.
  • #4
  • Mar 31, 2007 4:52pm Mar 31, 2007 4:52pm
Quoting piccolo
ECNs like dukascopy and alike have API/FIX. You can either make automated trading software using their API or try to connect MT4 or TradeStation to it (that should be possible). Retail brokers will move you to a deal desk and put on manual confirmation of your trades and you can forget about automation. MIG is a bucket shop as far as I know. Requotes and they dislike EAs in general.
Personally I think I can trust an ECN more. So far I think those that had disappeared are not ECN.
  • #5
  • Mar 31, 2007 7:12pm Mar 31, 2007 7:12pm
Quoting highway3000
Personally I think I can trust an ECN more. So far I think those that had disappeared are not ECN.
Highway, weren't you an IB for MIG? Don't worry, just asking.
  • #6
  • Mar 31, 2007 7:59pm Mar 31, 2007 7:59pm
Quoting pipcruiser
Hello there,

I hope some of you can give me some input on this.

I have for the last 3 years used a non-MT4 broker, which is fine, but they dont have any automate trading possibilities/API. My smaller accounts I run at MIG, which is a MT4 broker and so farr im happy with them.

Im looking to move some bigger cash to a MT4 broker, but I need some advice about which MT4 broker is most "solid"?
I know it is not that easy to know, but any advice from traders would be highly appreciated.

By "solid" I mean, most respectable and covered by strong regulations e.t.c.

Any input on non-MT4 brokers, but which can trade automated by re-programming an MT4 EA is also appreciated.

Thanks for any advice,
atcbrokers have a set-up with mt-4 where they imput currenex feed into mt-4 thru there forexpro division, dont worry your money won't be depsiot with them but with the bank where they have there ib set-up with
If I Go Broke Trying Then I Will die happy.
  • #7
  • Mar 31, 2007 8:10pm Mar 31, 2007 8:10pm
Hi Piccolo

Money cannot buy me. Confronted with honesty/truth and money, I chose honesty and truth.

My survey is that ECN has an edge.
  • #8
  • Apr 1, 2007 1:37pm Apr 1, 2007 1:37pm
Even if I don't have 100 posts, I'll recomend GFT. Had no problems with them, and seems professional. I have to say that i trade mini-lot, I don't have a 6 figure acc
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #9
  • Apr 1, 2007 1:56pm Apr 1, 2007 1:56pm
Hi guys,

thanks for your input.

Anybody trade automated with bigger accounts?

Can I use a lifeline and get a hint about the "red logo UK broker" ?
Less is more...
  • #10
  • Apr 2, 2007 2:50am Apr 2, 2007 2:50am
Quoting pipcruiser

Can I use a lifeline and get a hint about the "red logo UK broker" ?
See #12 here ...

www.forexfactory.com/showthread.php?t=22101
  • #11
  • Apr 2, 2007 3:13am Apr 2, 2007 3:13am
Thanks Xenia, looks intersting



Quoting Xenia
See #12 here ...

www.forexfactory.com/showthread.php?t=22101
Less is more...
  • #12
  • Aug 17, 2018 4:04pm Aug 17, 2018 4:04pm
I suggest you run your own MT4 through MetaTrader company directly.
Always polish forex skills
  • #13
  • Aug 17, 2018 5:07pm Aug 17, 2018 5:07pm
an 11 year old thread just came back to life

anybody else with a 6 fig. acct ?
  • #14
  • Aug 17, 2018 5:47pm Aug 17, 2018 5:47pm
Quoting MXT
an 11 year old thread just came back to life anybody else with a 6 fig. acct ?
I know of a few accounts that are 6 or even 7 figures. My current account is just into the 6 figures from 50k initial trading capital in less than 1.5 years of trading.
  • #15
  • Aug 18, 2018 6:05am Aug 18, 2018 6:05am
Quoting shellback
{quote} I know of a few accounts that are 6 or even 7 figures. My current account is just into the 6 figures from 50k initial trading capital in less than 1.5 years of trading.
can you show some evidence ?
  • #16
  • Aug 20, 2018 4:55am Aug 20, 2018 4:55am
Any other recommendations? Also interested in MT4 / ECN
  • #17
  • Last Post: Aug 21, 2018 1:11am Aug 21, 2018 1:11am
Ring up Goldman Sachs and ask if they can open an insto account for ya

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