Brokers with Crude prices

No I didn't. I just did that and everything showed up. I feel so silly now.
Thanks

@vfforexlee, are you actually trading oil on mt4?

how does it work? spread? any special rules for trading it?

Hello.

I hope its ok for me to be posting here on this thread as I see its quite an old thread. This is my first post on this site and is not necessarily the place where I would like to have posted this question but as a new forum member I am unable to start new threads.

Can anybody on here recommend a good broker for trading gold, silver, oil, and cfds? The platform is not important - it makes no difference to me whether its Metatrader or another proprietary software as long as it works.

I have traded these things before at a broker in the US as well as forexbut the broker that I used was charging far too high commissions even although I have a reasonably large amount of capital I feel the comm was too much.

I am in Cape Town South Africa by the way.

Dan.

seems alot of MT4 brokers allow you to trade these instruments. below pictures are from Alpari and FXPro. i'm sure the hundreds of brokers out there will have different offerings .....
http://1.bp.blogspot.com/_buPOR1D4eX...N4/s1600/1.png

Hello to all,

I am Interested in trading E-Mini futures on a MT4 platform. Does anyone know of a brokerage house that does this? Thanks In advance for your help.

Bill T

Gomarketsaus.com have up to 500:1 leverage, gold and silver FX metals. They don't have oil.

eToro has oil and the Forex Metals which you want, but their charts and spreads are ridiculous compared to MT4 and gomarkets.

Hello.

Thank you for that info bstay2. I will take a look at those brokers and at their spreads and comms. I seem to remember looking at Alpari some time ago and I seem to remember that they had two different accounts one for forex and one for futures and sa far as I remember I didnt like their futures plaform or could not get it to work or something like that but that was a long time ago so things may have changed now as I do not remember it being a MT platform back then either. FXpro was mentioend to me before but I never took a look. I aslo need to look at some reviews of these brokers befoer making a descision. DOes anybody know ofa good broker review site?

Dan.

Hey Dan,

A fellow South African (I'm in Johannesburg). There's not too many of us around here as far as I know!!! LOL!!! I don't post here too often i.e. I just happened to look today if somebody had responded to one of my own queries and saw your two posts (I'm only going to answer this one though i.e. no point in 'cluttering up' the threads)!!! LOL!!!

I don't know if you've found / decided on a broker but my recommendation (for what it is that I think you're looking for anyway) would be Deltastock (deltastock.com). I've been trading with them for almost four years now (or is it five???) with no problems whatsoever. They offer all of the major indices (futures contracts) and most commodities, Gold, and Silver, commission free (only spread). There are commissions on individual stocks and ETF's but they're negligable (well in my opinion anyway e.g. $2.53 on US CFD's like Citigroup up to around 500 units and thereafter it's a sliding scale). They also offer CFD's from just about every country on the planet (hell: you can even trade our JSE Top 40 Index which is something you don't see too often)!!! LOL!!! The platform is proprietary however (they do have MT4 but only for forex and Gold and Silver) but that's not a huge deal i.e. I'd be quite prepared to help you out with it if necessary. Account funding and withdrawal is also not a problem (it CAN BE a problem from South Africa as you may or may not know).

Which broker (if you don't mind my asking) are you trading with now by the way???

Anyway: I hope this helps and good luck in your search.

Hello.

Thank you fintrans for all that information. Ive spent a bit of time looking around for a broker that will suit my needs and I must say that deltastock looks to be what I am looking for. Ive opened a demo account with them and I like their platform as the concept and order types are quite similar to what Im used to using I can not say that I have ever really liked metatrader although I see that they offer it as a alternative as well. I would rather not say who my current broker is if you do not mind. I can tell you it is a very big broker in the US that needs certain very large minimum maintenance margins and thanks to one or two very bad trades my maintenance margin is now below the minimum required so I either have to put more funds in or close the account which is what I will be doing mainly because of the fees being charged although I cannot say they are not a good broker. Sorry for that. Deltas fees seem very reasonable so I am happy with that. There is something that concerns me and that is their location - Bulgaria although I see they have offices in a lot of other places like London. Is this a problem do you think? I see they are regulated by the MIFD but Im not sure what that means to me and the safety of my funds not having any experience with anyone in Europe. Care to voice an opinion on this. But I am taking some time off this coming week so I will be able to do some more investigation myself. I have looked on some broker reviews sites and what I have found is that they are not rated on some and on others they dont seem to have any bad reviews or no bad reviews that appear to be genuine or substantiated in anyway so Im not sure what to make of this. Its quite a substantial amount so I do need to be sure of where I put it.

THank you again. I hope you and everyone else had a nice christmas. We are very lucky to have had the weather that we have had here.

Dan.

Hi Dan,

Thank you for the kind wishes. Yep: a lovely time was had by all but I have to say that I'm pleased that it's 'back to business as usual'.

Regarding Deltastock and the MIFD: I'm afraid there's not much I can tell you (although I do know that they're registered with the FSA in the UK as well and that 'carries some weight' so far as I know). Why not send them an e-mail to be sure although I'm almost sure Deltastock is officially represented here on this very site so you may get an answer that way. All I can tell you is that I've never had a problem with deposits or withdrawals or anything like that. Sorry I cannot assist you further with this particular query of yours.

i needed a non-us broker to hedge trade gold and oil with, after hunting around i settled on instaforex.com as it came down to them or askobid.com the deciding point for me was that instaforex have micro lots(1k) on gold and oil and like many other brokers askobid only have mini lots(10k), there a few other micro lot brokers for oil/gold around but instaforex 30% deposit bonus got me with them, sometimes their client support takes 2-3 days to get back to you, other than that ive been happy with their platform so far.

Hey Dan,

I don't see any response to your query here so I found this for you (you may have already seen it of course or already have been in touch with Deltastock directly):

http://www.deltastock.com/english/home/mifid.asp

Anyway: how are things going??? I just thought I'd 'pop in' here to take another good look at this site i.e. I've sort of 'confined' myself to a particular site for a few years but I'm thinking of 'expanding my horizons' as it were and starting a thread or two here detailing a few 'classic' trading systems that are ACTUALLY profitable OVER TIME (obviously they're 'coded' for Deltastock's platform seeing as they are my broker). Anyway: as I said I'm thinking about it so 'keep your eyes peeled'

Hey Dan,

I'm still not sure if you're the same person that posted on FPROS but if you aret then I've left a message there for you. If not then you may as well know that I've decided to 'go it alone' as it were and set up my own forums instead of 'expanding my horizons' on other boards. Most of these boards are full of the 'same old same old' and nobody seems to be getting anywhere so I figured I'd start my own 'down to earth' and 'straight to the point' forums detailing the trading systems that I use (profitably most of the time) daily and hoping to grow it into something worthwhile eventually. It's a way better way of doing it than the blog I started anyway.

Take a look if you like:

techtradercentral.proboards.com

I personally have been using InstaForex.com to trade GOLD since Last December. They're reputable and have been around for quite a few years now. They've also won a bunch of regional awards as well.
They not only have Live and Demo Accounts, they also have PAMM Accounts where Investors can find Traders to trade for them and vice-versa.


I'm launching my own PAMM in August, based entirely on GOLD.

What you need to look for when you are searching a broker for CFD trading, is the spreads, which can have huge differences between different brokers when it comes to CFD, and obviously the speed of the platform and its performance. You said that the platform does not matter but I think you should give it a second though because the better the performance is the better are the prices you can get. Personally I trade with ACM and I am satisfied, though they are expensive than others. I also have an account at sunbirdfx just for CFD and their performance in CFD is one of the best that I have seen so far.

I use FXOPen ECN to trade Gold.

It is in their MT4 platform.

Currently I have been trading it (December 2011), and when I open a trade on Gold for $1 a pip the commission is only 80 cents, and the spread is about 10 pips (a few times it dropped to 3 or 4 pips).

If you are only trading $1 a pip that is only -$10 after you open the trade. But since the account I use is ECN commission based I lose only 80 cents when I open a trade with $1 (if I open a trade using $2 a pip the commission is $1.60 etc.)

Although, for Gold, it has not been moving a lot in the past couple days (December 19 and 20, 2011), I was able to scalp about 220 pips from Gold alone in these past two days.

Some days Gold can move 1000 pips or more, but you have to be sure not to use a huge lot size if you have a small balance, othrwise you can lose a lot very fast.

Hi Im also from South Africa. I am currently in Langebaan and will be going to capetown at the end of February. I trade with Easy-Forex and have been trading with them for almost a year now. You can trade on Mt4 with them and they offer technical analasys from trading Central. Click on the link below for a 10% bonus

while not from south africa - i spent the summer in j'berg and traded oil almost daily using hot forex - and they offer a 50% bonus!

i have been trading with them since June with no issues whatsoever. the spread is 5 for oil which comes to $5 on a one lot trade - so the comission is about the same as when I traded futures.

give em a try:

Hot Forex

Hi -- Would appreciate any help in finding a broker who quotes Brent oil prices.I am a short term trader off a one minute chart so can be in the market for seconds only and upwards. I am looking for :-

1. Tight spreads.
2. Low costs.
3. Regulated / segregation of funds.

Broker will highly unlikely be a market maker but would consider their ecn / stp type of account. Any help really appreciated.

Thanks.

Deltastock has it.