InvestTechFX (looking for best spread mt4)

I'm looking for a mt4 broker with the best spreads availible. So this broker says it provides 1 pip spread with no commision for a non-scalping account (and 1 pip added commision for scalpers, not sure what the definition is there...). Supposedly based in Canada and regulated there according to the search list link I've posted below - but couldn't confirm it on their site itself, it says nothing about regulation there. Anybody here has any experience with them ?
http://www.investtechfx.com/features.asp

btw, this is a list of mt4 brokers I found, may be usefull to some:
http://www.earnforex.com/mt4_forex_brokers.php

Also, feel free to mention any reliable MT4 brokers you have experience with that have fixed or mostly fixed - average spreads below 2 pips for accounts of up to a few K USD.

Thanx

Looks like there's been a thread about this broker about a month ago:
http://www.forexfactory.com/showthread.php?t=155927

Haven't found them to be a scam, but if they charge an extra commision/spread for EAs too and not just what they called scalping, as they claim on the above thread then I'll get the same 2 pips I can get elsewhere and there's no point in it.

Jurrasic, I remember you want one for testing your mt4 EA idea?

I would recommend cent-account which means 100$ position and 1pip for 1 cent.
you can test whole year with 100$ acc and never blew up it. i.e. learning comes at affordable loss...

but never put in more than 100$, cent acc are only for learning. => they are not best mt4 broker, just cheapest to try-out... for real account find a 4 star broker (alpari is one?) or ecn I guess.

to find a mt4 broker, rank the brokers here, look for mt4 tag and high feedbacks/high stars....
http://www.forexpeacearmy.com/public...broker_reviews

the one you found one web is only 8 feedbacks and 2 star, which means not good.... do not believe any thing the broker side person say, because they make money from you... read trader feedbacks.

Thanks dude,

I trade a live account with Oanda, so don't need a new broker fot that, spread rocks. As for mt4 brokers, I'll check out your link too to help me sort out between the ones I have in my list already, rating point taken. I don't intend to trade any EAs I make for real before I've done a thorough backtesting with mt4's very long historical charts and optimized the parameters. Then of course I'll raize the leverage gradually to the dezired levels if they perform more or less as I expect.

Thanx for your help

They are not a registered forex dealer....

They are a registered software solutions business in Canada. It just so happens that their software solution enables forex processing but not dealing.

They have a relationship with a seperate clearing house for the actual forex transaction. This clearing house is Globex (Inter)Bank.

Sounds a bit unusual to me....

This software solutions idea sounds like a way of avoiding registration requirements.... Sounds like they are playing semantics with words, at the moment I would not trade with them....

I have live account with them.
Since my deposit was below $1000, i am getting 2pip spreads on majors.
Also on every trade they charge me 1pip comission.
When i asked them about it, they told me it is because of scalping... although i usually keep my positions for days - this fee still applies.
Also - opening/closing an orders is SLOW (5-8 seconds).
So i guess that in few months i will close this account, and move to FXDD i guess (it mbtrading does not offer mt4 by then)...