if adding delta you can trade anything from forex, gold, cfd index and oil... broker selection can be a simple thing.
- #22
- Edited 5:53am Jul 20, 2009 5:08am | Edited 5:53am
- | Joined Feb 2009 | Status: when dreamer meets reality | 1,397 Posts
Delta? I hear they give 5 pip commissions to their IBs (From one of their employees). Since e/u spread is 2 pips, I will give you one guess where the other 3 pips comes from
E/U 2pip, level2 1pip+1pip commission.
believe me there is a reason ff chose preferred broker...
I validated a few with real money oanda, fxsol, fxcm, and no single one turned me down... I will try more... mbtf, delta, ibfx
as to spread I don't care, I trade cfd at ~10pip, gold at 9pip, oil at 10, future at 10 + 15 commission elsewhere... delta are all lower.
profit does not come from broker spread...
most business run at 20% return on investment... so if my cost is 10 my expected return is 20 I will jump in... that's a 100% return.
[add] I found ibfx do 100$ position, ff preferred...
so then no reason to try insta... they're marked scam by FPA now.
- #23
- Jul 20, 2009 12:49pm Jul 20, 2009 12:49pm
Instaforex is the biggest scam out there.
Check out this discussion about them. I asked them some simple questions in their own forum about their claim to be an ECN, and they just tried to change the subject and went on about their licenses. They couldn't prove anything. They just used personal attacks against me and banned me instead of answering the questions
This got me a bit pissed as you can imagine. I then read on another forum about their licensing claims. This I got checked out of course.
On their webpage they go on and on about...
So you got banned from their forum just because of that ECN question O_o
Now i remember you
So you got banned from their forum just because of that ECN question O_o
- #26
- Jul 22, 2009 9:04am Jul 22, 2009 9:04am
- | Joined Feb 2009 | Status: when dreamer meets reality | 1,397 Posts
- #27
- Edited 9:38am Jul 22, 2009 9:10am | Edited 9:38am
- | Joined Feb 2009 | Status: when dreamer meets reality | 1,397 Posts
I wasn't talking about trading commission, I was talking about commissions for their agents or Introducing Brokers.
if this is true we'd better have it removed from ff preferred brokers....
pls be very sure of your words.
delta ask me to regular mail my acc open document to europe. (haven't done >_<)
this is very serious and I see they have regular stock brokerage sorts of documents.
impression is telling me they are not easy money suckers or why they don't grant you 1 sec acc register and cc deposit?
also trade oil starting 1 barrel and sp500 at 900$, forex at 1k$,
using a decent position size is another feature that distinguish a bucketshop microlot which encourage you to gamble.
could you offer proof of what you claim that they pay agent 5pip although spread is 2?
