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Which Broker to use?

  • #1
  • First Post: Dec 13, 2009 11:08pm Dec 13, 2009 11:08pm
Hey pplz. I want to open a live account. Which broker with MT4 and micro and nano lots would you advice me to use? I want to start very small, like, $300-500$?

Any other broker apart from FXCM.

Thanks Much!

Moxfing
WatchTradeFX
  • #2
  • Dec 13, 2009 11:55pm Dec 13, 2009 11:55pm
I was just working on the same kind of search.

You could look into FXPro and Alpari. I liked what I saw there but they wont take US Residents (which I am), so...

I was looking into FXSolutions. A couple guys around here have said good things about them.
  • #3
  • Dec 13, 2009 11:58pm Dec 13, 2009 11:58pm
FxPro doesn't have micro-lots, much less nanos.
IMO, Oanda is a good broker to start with, especially because it will allow you a precise sizing of your positions.
  • #4
  • Dec 16, 2009 5:06pm Dec 16, 2009 5:06pm
If you want to start in forex you better save upto $ 3k to 5k. Below this amount is useless as you will loose all within one week

regards
Peter
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  • #5
  • Dec 16, 2009 5:19pm Dec 16, 2009 5:19pm
Quoting MoFxing
Hey pplz. I want to open a live account. Which broker with MT4 and micro and nano lots would you advice me to use? I want to start very small, like, $300-500$?

Any other broker apart from FXCM.
Consider using MT4 (demo) for your charting and OandA to place your trades.


Quoting azibi
If you want to start in forex you better save upto $ 3k to 5k. Below this amount is useless as you will loose all within one week
Sounds like you're speaking from personal experience, not everyone will have your experience.
  • #6
  • Last Post: Dec 16, 2009 5:34pm Dec 16, 2009 5:34pm
Quoting GulfCoastPip
Consider using MT4 (demo) for your charting and OandA to place your trades.




Sounds like you're speaking from personal experience, not everyone will have your experience.

Okay I surender you are right BUT Oanda is he biggest stop loss hunter you can imagine. They emptied my account for $ 35.000 many years ago lol
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