Who do you use to trade the forex?? 1 Reason Why?? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

is this the reason you leave Forex 25 replies

Veteran forex traders, how much leverage do you use to trade? 20 replies

Why some people use a VPS to trade FOREX? 4 replies

The REAL reason why nearly every trader fails. Can you solve this trading dilemma? 85 replies

If you use a breakout model, how do you determine your TP and SL? 9 replies

Who do you use to trade the forex?? 1 Reason Why??

  • #1
  • First Post: Mar 18, 2005 11:26am Mar 18, 2005 11:26am
Hello, everyone.

I just wanted to start this thread to get an overview on who everyone uses to trade the forex.

Just simply answer the following 2 questions.

1. Who do you use as your forex broker (or brokers if you use more than one)?

2. One or Two major reasons that made you choose this particular broker? (For example: great software, tight spreads, great customer service,...)

I'll go first.

1. I use 0anda as my broker, but I'm looking into also opening an account with G.F.T.

2. The reason I picked 0anda was due to tight spreads, no minimum to open account.

Looking into G.F.T because I like their trading platform.


Thank you,
olimits7
  • #2
  • Mar 19, 2005 9:51am Mar 19, 2005 9:51am
I'd have to say I like FOREX.com the best. I like the fact that the platform is online, plus it's the best interface. The spreads are pretty much like everyone else on the majors.
Timing is everything.
  • #3
  • Mar 19, 2005 11:13am Mar 19, 2005 11:13am
I used platform of ducascopy.com.
  • #4
  • Mar 19, 2005 12:30pm Mar 19, 2005 12:30pm
Quoting olimits7
Hello, everyone.

I just wanted to start this thread to get an overview on who everyone uses to trade the forex.

Just simply answer the following 2 questions.

1. Who do you use as your forex broker (or brokers if you use more than one)?

2. One or Two major reasons that made you choose this particular broker? (For example: great software, tight spreads, great customer service,...)

I'll go first.

1. I use 0anda as my broker, but I'm looking into also opening an account with G.F.T.

2. The reason I picked 0anda was due to tight spreads, no minimum to open account.

Looking into G.F.T because I like their trading platform.


Thank you,
olimits7
i have not used either one but this forum is full of complaints about both. in fact if you searched this entire forum these two without a doubt have the worst responses from users. oanda seems to have problems all over the board. i have seen many posts that open orders and filled orders with gft just dissapear for some reason. once again this is just my take from what the majority of people i have seen post in this forum about these brokers. jhim
  • #5
  • Mar 20, 2005 12:21am Mar 20, 2005 12:21am
I really liked realtimeforex.com I think their platform is awesome. But the minimum deposit is 10,000 EUR
  • #6
  • Mar 22, 2005 7:30pm Mar 22, 2005 7:30pm
FX Solutions, because they deposit your money on the same day they receive your check (no holding period).
  • #7
  • Apr 28, 2009 10:40am Apr 28, 2009 10:40am
I happily trade with ACM, here's why:

 

  1. 1 word - Platform. They offer 4 in one, meaning Java, 2 web based and a mobile platform all accessible from one single account. It has won several awards, latest was begining of 2009. The fastest execution this side of the OK Corral. They are about to introduce the MT4 as well.
  2. Banking license, they are weeks away from receiving theirs, this will mean tighter regulation of the broker and so higher protection of your funds.
  3. PayPal funding fees covered by the broker.
  4. Much more, you had better open a demo and see for yourself!

  • #8
  • Apr 28, 2009 11:03am Apr 28, 2009 11:03am
Quoting james16
i have not used either one but this forum is full of complaints about both. in fact if you searched this entire forum these two without a doubt have the worst responses from users. oanda seems to have problems all over the board. i have seen many posts that open orders and filled orders with gft just dissapear for some reason. once again this is just my take from what the majority of people i have seen post in this forum about these brokers. jhim
oanda is okey if all their issues are known by the user...

we just like making noises so people learn on paper instead of learn in a real trading in case of a surprise. they are not really bad.
  • #9
  • Apr 28, 2009 12:23pm Apr 28, 2009 12:23pm
i quite agree with billye
  • #10
  • Apr 28, 2009 4:11pm Apr 28, 2009 4:11pm
I have different accounts for different reasons:

One for certain EAs that work better with fixed spreads

One for scalping (ECN MT4)

One where I keep my largest account (safest IMO)

Definitely like to spread my money out.
  • #11
  • Apr 29, 2009 8:28am Apr 29, 2009 8:28am
I am trading with fxclub.com

1. They do instant commission refunds
2. You can trade at one price (buy or sell)


Cheers
  • #12
  • Last Post: Apr 30, 2009 8:07am Apr 30, 2009 8:07am
Quoting ClaudCyrus
I happily trade with ACM, here's why:
[list][*]1 word - Platform. They offer 4 in one, meaning Java, 2 web based and a mobile platform all accessible from one single account. It has won several awards, latest was begining of 2009. The fastest execution this side of the OK Corral. They are about to introduce the MT4 as well.[*]Banking license, they are weeks away from receiving theirs, this will mean tighter regulation of the broker and so higher protection of your funds.[*]PayPal funding fees covered by the broker. [*]Much more, you...
I am very close to selecting either ACM or ATC, and just can't decide which. If you have any advice regarding the ease or difficulty in withdrawing funds from an account, which is what I'm debating at the moment, please post your experience or advice regarding these two brokers.

Thanks very much.
0 traders viewing now