Micro Lots Broker with good spreads

Hi there,

i can imagine that there a a couple of threads but i wanted to focus on the main points and did some research already.

I am searching a broker with:

- very good spreads, especially on the 4-6 majors
- micro lots 0,01 trading
- account opening with about 2000-3000$ / or € equivalent
- optional but would be nice: MT4 support

what i found is:

- Interbank FX (but high spreads in average)
- fxcompany (but only 0,1 lots at min)
- oanda (good spreads, no minimum trade or deposit, but no MT4 support)

maybe you guys know some other Brokers as well that fits to my needs?

Cheers

haha... low spreads on micro lots... is that so you can save yourself a whole 2 pennies on each trade?

Slow down there cowboy!

if anyone has a good Idea, pls let me know :-)

btw :


oanda
EURUSD 0,9
GBPUSD 1,8
USDCHF 1,6
USDJPY 1,1
GBPJPY 3,4

Check out MBT

Their spreads are pretty good except during low liquidity or news, plus they're an ECN with Meta Trader, and offer micro trading

But they have 0,50$ commission on forex trading per 10k$ !

That's 1/2 a pip, you don't mind paying that do you, geez....

by trading a 0,01 lot, its much more than 1/2 or am i wrong?

commision is $.05 for a micro lot, $.50 for a mini, $5.00 for a full

I would say go with GFT.
GFT offers very low spreads. Their spreads do not increase because of market volitility. I've been with brokers that offer 1-2 pip spread but as soon as I saw some market action, the lowest possible spread is between 20-100 pips. With GFT, I've never experienced unpreditable spread increases. GFT offers spreads from:

EUR/USD = 1-3 pips. In all of my 4 years of trading with them I've never seen spreads higher than 3 pips. In fact, their has been a few cases where the spread was 0. Of course the 0 spread was during low/no market volitility such as after X-mas.
USD/JPY = 1-3 pips
EUR/GBP = 1-3 pips
EUR/CHF = 1-3 pips
All other pairs spreads are reasonable.

This just in from MBT

Dear MB Trading Clients,

We are pleased to announce that effective Nov 29 th, 2009, our standard Forex commission rate for all* MB Trading Futures clients will be reduced to $2.95 per 100k USD Traded. For those trading at $5.00, this will be equal to a 41% savings on the cost of each trade executed on our system. This reduction in cost will apply to all MetaTrader4 and MBT Navigator accounts and be automatically set in your trading account at start-up on Sunday, November 29 th.

Do mt4 charting on another broker and make trades with Oanda.

fxcompany is okay ...i dont know why today but my account was able to take 0.01 instead the normal 0.10 as i mini lost ...i will ask the support tomorrow abt thise but i love the spread..