Any ECN with $10K min deposit? | Forex Factory

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Any ECN with $10K min deposit?

  • #1
  • First Post: Apr 11, 2009 7:14am Apr 11, 2009 7:14am
Hi,
Does anybody know any reliable ECN broker,except of Interactive Brokers,which accepts $10K as min account balance and possibility to buy or sell let's say 1/3 or 1/4 of lot?
I'm not speaking about MB or brokers like them.
I'm looking for somebody a bit more serious and capitalized
The wast majority of them are ready to work with you if you'll fund 50K+,but maybe there's some who will accept 10K
Thanks guys.
  • #2
  • Apr 11, 2009 7:26am Apr 11, 2009 7:26am
Quoting liopro
Hi,
Does anybody know any reliable ECN broker,except of Interactive Brokers,which accepts $10K as min account balance and possibility to buy or sell let's say 1/3 or 1/4 of lot?
I'm not speaking about MB or brokers like them.
I'm looking for somebody a bit more serious and capitalized
The wast majority of them are ready to work with you if you'll fund 50K+,but maybe there's some who will accept 10K
Thanks guys.
could you explain why not intbrk or mbtf? I'm under impression that 1/3 lot is a piece of cake, that is typical for ib right?
  • #3
  • Apr 11, 2009 7:43am Apr 11, 2009 7:43am
Regarding MB...I'm afraid they're not as well capitalized as I would like to.
IB on the other hand is ok,but they have 2 platforms for fx trading.Ideal Pro and Ideal..The problem could be if I buy let's say 30K USD which is more then 25K and it enters Ideal Pro and later on I'm selling 15K.The rest is less then 25K and will enter the Ideal..I've heard this situation may somehow affect your future order i.e sell the remaining 15K.
  • #4
  • Apr 12, 2009 11:03am Apr 12, 2009 11:03am
Quote
...I'm not speaking about MB or brokers like them.
I'm looking for somebody a bit more serious and capitalized

Unfortunately, these "a bit more serious and capitalized" brokers will require you to be "a bit more serious and capitalized" as well. ie, they don't accept 10K accounts.

However if you dont have that "a bit more serious and capitalized" pocket, MBT allows you to trade there for a small $500 account. FXDD PowerTrader account allows you to trade Currenex with 10K too. I think FXCM also.
  • #5
  • Last Post: Apr 13, 2009 4:22am Apr 13, 2009 4:22am
Thank you for the reply.
I'll try them out.
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