who knows E-Forex.Inc broker

who knows E-Forex.Inc broker which set up in panama or american?

how about their reputation.

They sold their operation in the us to fxcm (ex: itradefx.com) and opened a new one in panama...

I don’t know it, if I were you I would stay with well known brokers. That way you’ll have more information about them on the net. Plus, before anything see where are the broker is regulated and contact that entity to make sure they are in fact regulated by them. You can never be to cautions when it comes to brokers.
GL

If you are looking for a broker in panama then have a look at Thales Securities. They don't use MT4 but you can get a demo MT4 somewhere.

Can you explain me how could that work? How are you gonna see the platform of another broker and place orders with a diff one? Aren’t the spreads different?
Please, if you can tell how u do that I would appreciate it!

kelly, that would be a typical setup for most people using Oanda as an example. Some traders will open up an MT4 account, demo or non-funded live, and use MT4 for charting. Once they have analyzed the pair on MT4 and made a trading decision then they will open the trade in oanda.

I am not sure what you are looking for but you can get as many demo accounts as you want.

As for the spreads being different, yes they will be but so? Would you be able to scalp doing this...no. I am aware of people who do it on M15 timeframe and up.

So you open a demo with another broker because your broker´s chart tool isn’t good enough, right?
Plus, the platform is your trading tool, if you are not happy with your trading tool because you need MT4, another kind of platform, then shouldn’t you look for a broker that offers MT4?
Thanks for answering me

I am not quite sure what your question is . Some brokers have Java applications but the charting may be terrible. MT4 has the drawback of being the preferred platform of bucketshops but the charting is very easy and intuitive to use.

You look for a broker based on many criteria such as: reliability, segregation of funds, spread, execution, reputation, liquidity pool, broker type, deposit fund currency, charting capability, platform stability, platform usability etc etc. As you can see charting may only be one of them. So define your criteria, evaluate and select your broker. Then use the tools provided and if they work for you then you do not need other tools. If you find that you need other tools such as better charting then either buy them or get them free through an MT4 demo.

Hope that answered your question.

e-forex is the former people who ran itradefx combined with new staff in Panama and all over. At their peak, they had about 60 employees, but they fired nearly everyone but about 10 people, then set up an office down there with a bunch of new people to get traders.

They work with a company called market traders institute a lot.

they're regulated in some way in panama, from people I've talked to, for all that means, with no protection of funds.

i think their trading people are in panama, but most of them left when itrade went belly up.