Best broker for auto-trailing stops | Forex Factory

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Best broker for auto-trailing stops

  • #1
  • First Post: Aug 5, 2004 11:32am Aug 5, 2004 11:32am
I just chatted with a forex.com rep and he said they offer automatic trailing stops on their mini accounts. I'm thinking about opening an account with them. Anyone have any good/bad stories on this particular broker?
Or any others for that matter.
  • #2
  • Aug 5, 2004 12:07pm Aug 5, 2004 12:07pm
I didn't get very deep into forex.com when I was looking at it. All I know is that they guarentee no slippage. As far as spread, I can't find anywhere on their website that says they offer fixed spreads, so you might watch out for that.

I also just found out that FXCM is planning to foll out trailing stops as well, in the early fall (news to me!)
~Will
  • #3
  • Aug 5, 2004 4:42pm Aug 5, 2004 4:42pm
Quoting ultimastrike
I didn't get very deep into forex.com when I was looking at it. All I know is that they guarentee no slippage. As far as spread, I can't find anywhere on their website that says they offer fixed spreads, so you might watch out for that.

I also just found out that FXCM is planning to foll out trailing stops as well, in the early fall (news to me!)

Wow, early fall? That's great because I use FXCM currently, when their rep told me they would roll it out out he didn't give a timeframe.
  • #4
  • Aug 5, 2004 6:23pm Aug 5, 2004 6:23pm
Sometimes I buzz the customer service reps at these sites just for fun. It's amazing what you can learn from these people when you don't actually go into their chat with any questions in mind.
~Will
  • #5
  • Aug 7, 2004 5:21pm Aug 7, 2004 5:21pm
Dear Account213,

Are you referring to a Stop Loss that is held at the brokerage, and they will move the Stop Loss for you? That would be a very helpful feature, if that is what you are indeed referring to.

Thank you.
  • #6
  • Aug 8, 2004 11:49pm Aug 8, 2004 11:49pm
Quoting youngun
Dear Account213,

Are you referring to a Stop Loss that is held at the brokerage, and they will move the Stop Loss for you? That would be a very helpful feature, if that is what you are indeed referring to.

Thank you.

Youngun,
Yes, you set your stop at a pre-determined level and the broker's software will automatically trail the market price with that stop when the trade moves in your favor. I just opened a mini account with FOREX.COM, it's nice to see they get the recommendation of Merlin, the admin of this forum.
  • #7
  • Dec 19, 2020 9:30am Dec 19, 2020 9:30am
Best Trailing Stop strategy on brokers is not difficult, as I know icmarkets.com. besides, the addition of hotforex.com is also fine on the zero spread account which allows trailing stop
  • #8
  • Last Post: Dec 22, 2020 5:42am Dec 22, 2020 5:42am
Quoting ultimastrike
Sometimes I buzz the customer service reps at these sites just for fun. It's amazing what you can learn from these people when you don't actually go into their chat with any questions in mind.
cool!which broker's support you like the most then?
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