Need a 5 decimal 500:1 MICRO mt4 broker who is happy with scalping/hedging/ea clients | Forex Factory

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Need a 5 decimal 500:1 MICRO mt4 broker who is happy with scalping/hedging/ea clients

  • #1
  • First Post: May 20, 2009 9:03pm May 20, 2009 9:03pm
I need a 5 decimal 500:1 (or 400:1 will do) MICRO (NOT mini) mt4 broker who is happy with scalping/hedging/ea clients. And they need to accept US citizens as clients.

Any help would be appreciated as I've been Googling this for a couple of weeks and e-mailing and live chatting with more brokers than I care to with zero success. Thanks in advance for your help!!!
  • #2
  • May 21, 2009 5:50am May 21, 2009 5:50am
Quoting CashBox
I need a 5 decimal 500:1 (or 400:1 will do) MICRO (NOT mini) mt4 broker who is happy with scalping/hedging/ea clients. And they need to accept US citizens as clients.

Any help would be appreciated as I've been Googling this for a couple of weeks and e-mailing and live chatting with more brokers than I care to with zero success. Thanks in advance for your help!!!
You can give a try with Alpari UK http://www.alpari.co.uk , I'm an happy client since 6 months. They have 1:500 account with 5 digits and micro account.
Hope this help you

Cheers,
Skyline
  • #3
  • May 21, 2009 9:39am May 21, 2009 9:39am
Thanks for trying to help, but Alpari-UK doesn't accept US citizens as clients. Any other suggestions? Anyone. Anyone. Bueller...Bueller...Ferris Bueller...Anyone?
  • #4
  • Jul 4, 2009 6:02am Jul 4, 2009 6:02am
try www. liteforex.org
  • #5
  • Jul 5, 2009 11:55am Jul 5, 2009 11:55am
Thanks for your response. Never heard of them before. And after reviewing their website, I'm still looking for a broker.
  • #6
  • Jul 5, 2009 12:36pm Jul 5, 2009 12:36pm
Fxopen, Ikofx.
  • #7
  • Jul 5, 2009 7:13pm Jul 5, 2009 7:13pm
I am looking for the same type broker, which also has the gbp/nzd.
  • #8
  • Jul 5, 2009 9:18pm Jul 5, 2009 9:18pm
Have you try looking in this link: http://www.forexfactory.com/brokers.php
  • #9
  • Sep 1, 2009 12:14pm Sep 1, 2009 12:14pm
Quoting AdamN
Have you try looking in this link: http://www.forexfactory.com/brokers.php
Thanks for info =)
  • #10
  • Sep 3, 2009 6:42am Sep 3, 2009 6:42am
the forexfactory broker link isnt too good for this type of broker.

I use alpari uk which are ok. The only problem is that they have a 2 Std Lot limit.

I am also looking at the following brokers

Prime4x
IKOFX
FXOpen

does anyone have any comments on these brokers?
  • #11
  • Sep 3, 2009 12:23pm Sep 3, 2009 12:23pm
Quoting earlyr
the forexfactory broker link isnt too good for this type of broker.

I use alpari uk which are ok. The only problem is that they have a 2 Std Lot limit.

I am also looking at the following brokers

Prime4x
IKOFX
FXOpen

does anyone have any comments on these brokers?
FXOpen has a bridge to Dukascopy and is 5 digits, but minimum lot size of 1.00 lots might be a problem for you. It's not micro
  • #12
  • Sep 3, 2009 4:25pm Sep 3, 2009 4:25pm
Quoting CashBox
I need a 5 decimal 500:1 (or 400:1 will do) MICRO (NOT mini) mt4 broker who is happy with scalping/hedging/ea clients. And they need to accept US citizens as clients.
What else? Should that broker be also happy to execute your orders at better then market price?
  • #13
  • Sep 4, 2009 12:14am Sep 4, 2009 12:14am
Quoting Eban
What else? Should that broker be also happy to execute your orders at better then market price?
PLUS All want for Christmas is my two front teeth, my two front teeth...
  • #14
  • Sep 4, 2009 1:37am Sep 4, 2009 1:37am
Quoting Eban
What else? Should that broker be also happy to execute your orders at better then market price?
Why not? I've been slipped in my favour on my ECN account
  • #15
  • Sep 4, 2009 3:53am Sep 4, 2009 3:53am
Anyone ever heard IntelFX (i never heard of it before), i just got email from them today(not sure where did they get my email from).

They claim to be STP offering ECN like spreads(starting from 0 pips on all major), leverage upto 1:500, minimum deposit only $10 (LOL ), deposit bonus upto $500, all trading style & EA allowed, not sure about digits.

Their spreads tempt me, may be i'll try them after i get my EA to works in the long run
  • #16
  • Sep 4, 2009 9:26am Sep 4, 2009 9:26am
i opened a demo account but my EA is not working. I think they have some issues
  • #17
  • Sep 5, 2009 5:21am Sep 5, 2009 5:21am
Quoting earlyr
i opened a demo account but my EA is not working. I think they have some issues
Do you mean by not working the EA didn't make any trades at all?
Is the issue from your EA or the server?
  • #18
  • Sep 7, 2009 2:28am Sep 7, 2009 2:28am
my fault.. i suppose.. i was trying to place the take profit when placing the initial market order. It seem to be one of those brokers where you first make the order and then modify it to put on the TP value.
  • #19
  • Sep 7, 2009 3:38am Sep 7, 2009 3:38am
Quoting earlyr
my fault.. i suppose.. i was trying to place the take profit when placing the initial market order. It seem to be one of those brokers where you first make the order and then modify it to put on the TP value.
I see, thanx for clarifying it
Do you have any other problem with it,
because i heard it also showing weird error message when trying close an order, like "Not enough money" LOL how come closing an order need money XD
  • #20
  • Sep 8, 2009 1:27pm Sep 8, 2009 1:27pm
no other issues, but i havent tested fully and doubt i will do. seems like there is no real choice for quality brokers for entry level people like myslef.
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