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Need new broker with Micro Acc...

  • #1
  • First Post: Jun 9, 2010 11:44am Jun 9, 2010 11:44am
Dear fellow traders...

I think I am going to need a backup plan after what happened in Mauritius. Maybe I will need to open a new Micro Account specially for automatic trading to migrate my account if something worst happen.

I am going to need this account to do some forward live test of my robot (after demo test) before finally put it in my real trading account.

Can you guys give me a broker recommendation?
Low spread, 0.01 lots, paypal, and of course less problem with execution, deposit, withdrawal and spikes would be preffered.

If you have an experience working with broker close to the above specification, please drop me a recomendation here. I will appreciate it much.

Many Thanks
NG
  • #2
  • Jun 9, 2010 2:25pm Jun 9, 2010 2:25pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting NiceGuy
Dear fellow traders...

I think I am going to need a backup plan after what happened in Mauritius. Maybe I will need to open a new Micro Account specially for automatic trading to migrate my account if something worst happen.

I am going to need this account to do some forward live test of my robot (after demo test) before finally put it in my real trading account.

Can you guys give me a broker recommendation?
Low spread, 0.01 lots, paypal, and of course less problem with execution, deposit, withdrawal and spikes would be preffered.

If you...
Since you are from Indonesia perhaps Gomarkets, Australia is worth a shoot, regards the latency. I'm not sure about paypal ..

---------------------------------------------
http://www.myfxbook.com/members/pc8multifx
  • #3
  • Jun 9, 2010 8:12pm Jun 9, 2010 8:12pm
Quoting onu
Since you are from Indonesia perhaps Gomarkets, Australia is worth a shoot, regards the latency. I'm not sure about paypal ..

---------------------------------------------
http://www.myfxbook.com/members/pc8multifx

Go Markets....
I will take a look.

Any other recomendation?

Many Thanks....
  • #4
  • Jun 15, 2010 2:33am Jun 15, 2010 2:33am
instaforex, liteforex, forex4you....
I use all of them for running my EA on live account
Trading for living is not a dream.
  • #5
  • Jun 15, 2010 2:36am Jun 15, 2010 2:36am
Quoting richmeup
instaforex, liteforex, forex4you....
I use all of them for running my EA on live account
You're actually recommending someone go with a Russian bucketshop?
  • #6
  • Jun 15, 2010 2:49am Jun 15, 2010 2:49am
Quoting NiceGuy
Dear fellow traders...

I think I am going to need a backup plan after what happened in Mauritius. Maybe I will need to open a new Micro Account specially for automatic trading to migrate my account if something worst happen.

I am going to need this account to do some forward live test of my robot (after demo test) before finally put it in my real trading account.

Can you guys give me a broker recommendation?
Low spread, 0.01 lots, paypal, and of course less problem with execution, deposit, withdrawal and spikes would be preffered.

If...
Oanda is the way to go. No MT4 though.
  • #7
  • Jun 15, 2010 3:54am Jun 15, 2010 3:54am
Thanks for all your attention and recommendation. I really appreciate it.

Not sure with InstaForex though. Some of my friends showed me a frequent "unusual" spike appearance with this broker . An when I checked, those spike didn't even exist in other broker.

But I appreciate the effort for write me a line.

Thanks...

Any other suggestion?
  • #8
  • Jun 15, 2010 4:09am Jun 15, 2010 4:09am
i recommend ibfx.. 6 months live trading no problem at all.
  • #9
  • Jun 15, 2010 4:10am Jun 15, 2010 4:10am
Quoting NiceGuy
Go Markets....
I will take a look.

Any other recomendation?

Many Thanks....
i guess gomarkets wont accept clients from indonesia. try sending them email before applying.
  • #10
  • Jun 15, 2010 5:09am Jun 15, 2010 5:09am
Quoting kesterpogz
i guess gomarkets wont accept clients from indonesia. try sending them email before applying.
Yea... I am familiar with this issue. Not from Indonesia only, a friend from Malaysia was also got rejected.

They dont want to laundry our money, that's what they said. Yea... right. I think this issue is more to political than financial.
  • #11
  • Jun 22, 2010 5:27am Jun 22, 2010 5:27am
Quoting witsnpips
FX Open have micro accounts.

Give them a try, decent.
Thanks... for your input...but... I already have one with fxopen...and the main reason why I need a new one because I am worried about what happened in Mauritius. (FXOPen was one of the broker who got suspended there..)

  • #12
  • Jun 22, 2010 7:56am Jun 22, 2010 7:56am
Do you guys create such threads to reveal who works for which broker's marketing dept.?
  • #13
  • Jun 22, 2010 8:02am Jun 22, 2010 8:02am
That's a no brainer, Oanda, if you don't like the charts use MT4.
  • #14
  • Jun 23, 2010 12:18am Jun 23, 2010 12:18am
Quoting Acrita
Do you guys create such threads to reveal who works for which broker's marketing dept.?
Ssssshhhhh....... keep it shut, Acrita...
  • #15
  • Jun 23, 2010 5:18am Jun 23, 2010 5:18am
Quoting NiceGuy
Thanks... for your input...but... I already have one with fxopen...and the main reason why I need a new one because I am worried about what happened in Mauritius. (FXOPen was one of the broker who got suspended there..)

don't worry about mauritius man, it's just plain silly. no-one even knows what happened.

i am fully confident that things will be sorted out soon.
  • #16
  • Last Post: Jun 23, 2010 5:38am Jun 23, 2010 5:38am
Quoting qwertymyfx
don't worry about mauritius man, it's just plain silly. no-one even knows what happened.

i am fully confident that things will be sorted out soon.
Yes I hope so... but most of my fellow here who have more than USD 1000 account was bailing out from there for precaution reason...

Would you bet your $$$ on it? I dont. That would be the worst trade ever.
It's lot safer to bail out now and come back later...

Shit... I missed the breakout sigal because writing this....
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