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Who is the most honest broker?

  • #21
  • Jun 20, 2011 12:37pm Jun 20, 2011 12:37pm
Quoting slovforex
No one guarantees that "ECN" brokers will execute positions on real market.
Coz 70-80% loose money, and a broker don't miss this chance

www.lmaxtrader.co.uk is not an "ECN" but a real broker connecting you to an exchange

Don't laugh with your own ignorance...................
  • #22
  • Jun 20, 2011 1:22pm Jun 20, 2011 1:22pm
Hi ,

so with lmax if my trade is going to win someone is losing money ?

right ?

this is realy cool i think... what is the minimum to open acount ????

thx for sharing
  • #23
  • Jun 20, 2011 2:09pm Jun 20, 2011 2:09pm
Since 2009 I trade with Avafx. They have an MT4, the STAFF is nice and accept customer all around word. I recomend.
  • #24
  • Jun 20, 2011 4:08pm Jun 20, 2011 4:08pm
Quoting slovforex
No one guarantees that "ECN" brokers will execute positions on real market.
Coz 70-80% loose money, and a broker don't miss this chance
So where do ECN brokers execute positions then?? I mean the real ECN brokers like MB Trading and Dukascopy and Interactive Brokers and etc. NOT the fake ECN's like FXCM.
Make your losses in demo. Earn your profits live.
  • #25
  • Jun 20, 2011 4:32pm Jun 20, 2011 4:32pm
Quoting slovforex
Nice said, PoundTrader
Get it in one!
  • #26
  • Jun 28, 2011 4:17pm Jun 28, 2011 4:17pm
I was trading in Europe now I moved back to Canada and looking for a forex broker. It seems being in Canada is an issue for brokers.

I am looking for one that has good spreads on the 6 major pairs during 5am-6pm EST and allows for MT4 trading. I prefer ones that allow for SL/TP orders ... i.e. instant execution rather than market execution. I am not scalping so that should not be an issue. I am currently using Oanda for now but I don't like the spreads during certain times and it uses market execution so I have to go back and modify orders to add SL/TP. However, if Oanda is the best, I guess I will stick with it.

Please let me know what you think. Thanks.
  • #27
  • Jun 28, 2011 4:42pm Jun 28, 2011 4:42pm
I am the most honest broker, just give me your bank and/or CC info and I will show you!
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #28
  • Jun 29, 2011 5:44am Jun 29, 2011 5:44am
Quoting wallstreet03
what is the most honest broker ?
Funny question and I think there is answer to it.
  • #29
  • Jun 29, 2011 7:03am Jun 29, 2011 7:03am
From my experience, the important factors you should focus on are:
1. choose a licensed and regulated broker
2. Read the execution policy carefully
3. Checkout the spreads
4. Try out small amounts to verify that the execution is fast and stable

I can recommend several brokers:
1. fxcm - big company, licensed, spreads are a bit high, but the service is good.
2. Traders Trust Broker - STP Broker that offers very good spreads, is fully licensed and offers attractive promotions, including Ipad 2 and Iphone 4.
  • #30
  • Jun 29, 2011 7:23am Jun 29, 2011 7:23am
Quoting tradehunt
From my experience, the important factors you should focus on are:
1. choose a licensed and regulated broker
2. Read the execution policy carefully
3. Checkout the spreads
4. Try out small amounts to verify that the execution is fast and stable

I can recommend several brokers:
1. fxcm - big company, licensed, spreads are a bit high, but the service is good.
2. Traders Trust Broker - STP Broker that offers very good spreads, is fully licensed and offers attractive promotions,...
Good summery. The best broker is not the broker with the best spread.
  • #31
  • Jun 30, 2011 4:42pm Jun 30, 2011 4:42pm
Brokers are a Your Mileage May Vary exercise! I've dealt with a dozen or more and my current favorites - though none perfect for sure:

www.pfgbest.com

www.atcbrokers.com

www.mbtrading.com

I have friends using both Oanda and Forex.com and they seem reasonably happy, also. While all the CFTC/NFA regulations may have a downside, they have definitely cleaned up the FX retail brokerage game.
  • #32
  • Jul 1, 2011 1:34am Jul 1, 2011 1:34am
www.atcbrokers.com

They are IB Broker and you say everything is fine with them?
  • #33
  • Jul 1, 2011 6:46am Jul 1, 2011 6:46am
Yes, I've had an excellent experience with them for several years in both FX and futures.

They are a small firm but very dedicated, honest. Service (which is still a big item for me) is excellent. They will work with you when necessary.
  • #34
  • Jul 4, 2011 3:02am Jul 4, 2011 3:02am
Quoting Steamboater
Yes, I've had an excellent experience with them for several years in both FX and futures.

They are a small firm but very dedicated, honest. Service (which is still a big item for me) is excellent. They will work with you when necessary.
Thanks for sharing.
  • #35
  • Jul 9, 2011 6:48am Jul 9, 2011 6:48am
what about forex.com?
  • #36
  • Jul 10, 2011 1:59pm Jul 10, 2011 1:59pm
Quoting leo1in88
what about forex.com?
what about ... NO!
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #37
  • Jul 10, 2011 3:51pm Jul 10, 2011 3:51pm
Quoting wallstreet03
what is the most honest broker ?
Honnest & broker make always 2.
Brokers are angels
  • #38
  • Jul 10, 2011 3:56pm Jul 10, 2011 3:56pm
Quoting josef
www.atcbrokers.com

They are IB Broker and you say everything is fine with them?
ATC are FXCM price execution.. So watch all the bad feedback over FXCM execution.
Brokers are angels
  • #39
  • Jul 10, 2011 3:57pm Jul 10, 2011 3:57pm
Quoting ibrahimnaji
Has anyone tried Saxo Bank as a broker for forex trading?

Am pretty new to forex trading, and they seem to have a "learning center", has any1 tried that?, also I think they require 10K in the account when joining, is that standard? looks pretty steep!

Thanks!
Saxo is a market maker. Not the best pick!
Brokers are angels
  • #40
  • Jul 10, 2011 8:25pm Jul 10, 2011 8:25pm
Quoting pennies
what about ... NO!
why everyone says no with forex.com? i have had an account with them for 2 month, everything good, except spreads, i dont withraw any yet.
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