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MT4 favorite Brokers - as low as 1 Pip spreads

  • #121
  • Sep 5, 2009 12:58am Sep 5, 2009 12:58am
I am using Interbank FX.

Spreads are reasonable, execution good, heard of some people complain about requotes on wireless internet though.

However, they have annoying withdrawal rules, 20$ fee for credit card.
Customer service is good, platform support also good.


ACM - for most people with small accounts, spreads are just Ridiculous (4 pips on EURUSD).
They seem to be good for large accounts but not really for the average people.
I went to a seminar organized by them last week, and they have been calling me every day from geneva since then trying to get me to open account.

Beware of Broco. They have very good demo, I really like the fact that they have almost every instrument but people have had a lot of trouble with withdrawal, also they are from Russia, if you have some problem with them it will be very had to take any action.
  • #122
  • Sep 20, 2009 8:08pm Sep 20, 2009 8:08pm

alternative brokers. at http://www.forex4you.com/

You can live trade with tiny amounts - 1 pip = 0.01 cents, and signing up is easy. Hedging is allowed. I have not used them other than Demo and it is doing great with EA. IMO


ut2
  • #123
  • Sep 23, 2009 6:59am Sep 23, 2009 6:59am
Like I said, I trade in FxCompany and FxPro and I find both not bad and spreads at both can sometimes reach about 0.8-0.9 pips (eur/usd), sometimes more since they use floating spreads, but is not the point.

I wonder why it is so necessary to have 1 pip fixed on majors? Do you really think they (1-pipped brokers) will allow you to scalp without any problems? Come on, guys, welcome back to the real world
  • #124
  • Sep 28, 2009 10:27am Sep 28, 2009 10:27am
Quoting Acrita
Like I said, I trade in FxCompany and FxPro and I find both not bad and spreads at both can sometimes reach about 0.8-0.9 pips (eur/usd), sometimes more since they use floating spreads, but is not the point.

I wonder why it is so necessary to have 1 pip fixed on majors? Do you really think they (1-pipped brokers) will allow you to scalp without any problems? Come on, guys, welcome back to the real world
how is FxPro? I get concerned though they have terrific spreads but withdrawal stories I hear, makes me think twice.
  • #125
  • Sep 28, 2009 10:51pm Sep 28, 2009 10:51pm
Hi I was wondering if anyone knows of any mt4 brokers that let you manage open orders and positions directly from the charts. eg move stops/ profit targets easier and quicker (click and drag function) thx.
  • #126
  • Sep 29, 2009 2:01am Sep 29, 2009 2:01am
Quoting salvador_
how is FxPro? I get concerned though they have terrific spreads but withdrawal stories I hear, makes me think twice.
So far so good. Regarding the withdrawals - generally you should understand how their financial service works, what makes them suspicious and everything should be fine. They have their regulation, which makes them follow some procedures, sometimes very annoying

There are a lot of cases when a person is unable to fill in a simple form with 3 fields for a withdrawal request, but starts to yell out on the web s/he has been cheated on
  • #127
  • Sep 29, 2009 3:22am Sep 29, 2009 3:22am
Quoting Acrita
So far so good. Regarding the withdrawals - generally you should understand how their financial service works, what makes them suspicious and everything should be fine. They have their regulation, which makes them follow some procedures, sometimes very annoying

There are a lot of cases when a person is unable to fill in a simple form with 3 fields for a withdrawal request, but starts to yell out on the web s/he has been cheated on
I figured that probably a lot of cases are people with some kind of "hysteria" that can't wait etc... FxPro looks to be a nice broker with good spreads, my concern is only withdrawals but if the only thing is a bunch of forms i'm ok with that. I'm European so I'm used to forms lol... for example my Alpari UK took a week and half to be funded...

I'm not a scalper, but a swing/trend trader so i could care less about the scalping...as long as they pay me back i'm ok
  • #128
  • Sep 29, 2009 10:55am Sep 29, 2009 10:55am
Quoting salvador_
I figured that probably a lot of cases are people with some kind of "hysteria" that can't wait etc... FxPro looks to be a nice broker with good spreads, my concern is only withdrawals but if the only thing is a bunch of forms i'm ok with that. I'm European so I'm used to forms lol... for example my Alpari UK took a week and half to be funded...
Same here... The more regulations they get - the more forms you have to input

I suggest starting up a company, that would help people fill in account opening, deposit/withdrawal forms for a fixed fee
  • #129
  • Sep 29, 2009 12:16pm Sep 29, 2009 12:16pm
Another mt4 broker STP ....that some are using and like....but not all. So u decide. You can trade Micros and this is why some have used them. And the spreads on Demo seem excellent for the majors. Do your own research on them before trying them. IMO


ut2
  • #130
  • Oct 8, 2009 12:34pm Oct 8, 2009 12:34pm
https://www.forexfs.com/

- 0.10 lot minimum
- Located in Sydney, Australia
- 4 digit +0 GMT platform
- Fixed spreads (raised spreads for asian sessions)
- Also offers autotrader account for choosing strategies of your choice from other traders (they deduct 1 pip comission from 1 full lot traded)
- Offers hedging without FIFO rule (AUS regulated)
- Client money is depositted to National Australian Bank (NAB) Trust Account.

Professional account offers tighter spreads but unless you trade hundreds of lots per month, it's wiser to stick with standard account as they have comissions on pro account.

Australian based company
Allows the use of all EA's
Not a market maker
2 PIP spreads for major currencies
IMO


to all,

ut2
  • #131
  • Oct 20, 2009 11:58pm Oct 20, 2009 11:58pm
Apparently they offer 1 pip spreads on 7 or so pairs, but I do not know anything about them as being reliable or not.
  • #132
  • Oct 29, 2009 10:36am Oct 29, 2009 10:36am
The New Kid on the Block:

Client can open MINI account with 0.01 lots and up to 1:400 leverage
until 10.000$ balance when the account is automatically turned into ECN
account with 0.40 lot minimum lot size and commissions.

Spreads for MINI account seem quite nice, 1 pips EURUSD, 2 pips EURGBP, 3 pips EURCHF/GBPUSD with 5 digit pricing.

No hedge or FIFO restrictions either. .................................................................................

Hope this works for those with having small accounts:

ut2
  • #133
  • Oct 29, 2009 12:56pm Oct 29, 2009 12:56pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting ut2DaMax
The New Kid on the Block:

Client can open MINI account with 0.01 lots and up to 1:400 leverage
until 10.000$ balance when the account is automatically turned into ECN
account with 0.40 lot minimum lot size and commissions.

Spreads for MINI account seem quite nice, 1 pips EURUSD, 2 pips EURGBP, 3 pips EURCHF/GBPUSD with 5 digit pricing.

No hedge or FIFO restrictions either. .................................................................................

Hope this works for those with having small accounts:

ut2


"ECN account with 0.40 lot minimum lot size and commissions."

this is a really bad offer...almost all mt4 ECN broker allow to trade with minimum lot size of 0,1 lot
  • #134
  • Oct 30, 2009 5:03am Oct 30, 2009 5:03am
Quoting onu
"ECN account with 0.40 lot minimum lot size and commissions."

this is a really bad offer...almost all mt4 ECN broker allow to trade with minimum lot size of 0,1 lot
It depends on their relationship with their prime broker. Perhaps they are only willing to aggregate 0.4 and up.
  • #135
  • Oct 30, 2009 5:17am Oct 30, 2009 5:17am
Quoting oakmonster
It depends on their relationship with their prime broker. Perhaps they are only willing to aggregate 0.4 and up.
...or they are only allowed to aggregate 0.4 and up
  • #136
  • Oct 30, 2009 7:31am Oct 30, 2009 7:31am
Hey, you seem like you spam a lot here..you reply 10 times/page with your scam brokers, that don't even have a real website, and after they are forbidden you coem with new ones..have a break!



Quoting ut2DaMax
I seem to hear something bad from about all of them too. So I just post some new ones that I hear of and maybe someone will like them. Since they are all bucketshops ? guess I will go with the one that cheats the least. Interpretation ... the one that steals the least from me. LOL


ut2DaMax
  • #137
  • Nov 8, 2009 9:44pm Nov 8, 2009 9:44pm
You are wrong .... I just do this as a service to other traders that are always looking for a good Broker. A lot of times I will post before I know much about them. I like being helpful to traders as I know how hard it is even for myself to find a broker that I like.

Take care ...........

ut2


Quoting WhiteShell
Hey, you seem like you spam a lot here..you reply 10 times/page with your scam brokers, that don't even have a real website, and after they are forbidden you coem with new ones..have a break!
  • #138
  • Nov 8, 2009 9:50pm Nov 8, 2009 9:50pm
Hi all,

Here's a broker I just came across .........

...... this broker gives you free vps and internet access. 1 pip commission. main. US based. STP ..... Just saw this broker. Just wanted to post this broker early so u can all check them out as I will. I am going to try their Demo next.

ut2
  • #139
  • Jan 1, 2010 9:22am Jan 1, 2010 9:22am
Here is another broker option to those of u looking. I do not recommend this or any broker. Here are some details:

... spreads from 0.4 - 1:200 Lev.
Lot size from 0.01 - Leverage up to 1:200
Spreads from 0.4 pips -
https://www.exness.com/
(USA Clients accepted)
location - Russia, St.Peterburg,
  • #140
  • Jan 1, 2010 6:00pm Jan 1, 2010 6:00pm
Happy New Year to all.
Some of you work with this broker http://www.investtechfx.com/?
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