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New broker required - any suggestions?

  • #21
  • Oct 3, 2011 6:40am Oct 3, 2011 6:40am
Im facing the same problem but with no experience with any broker !!

I have been trading in US stock market for 8 years with excellent broker ( cyber trader) never need more than their platform

but Im newbie in the forex world still learning from this precious forum ! I have just started and Im facing a problem with the timing ! Im UK trader alot of conflict happen when I use MT4 ..

I have account with ETORO but this broker let u do nothing than following and copying people and I hate this ! I use with that esignal but I found MT4 do the same job !

is there any recommended broker for UK traders ? allow me use MT4 with ?
  • #22
  • Oct 13, 2011 7:25am Oct 13, 2011 7:25am
Quoting mrv
Hi, I'm looking for a new broker to trade with. Right now I'm using FXDD and Oanda, both have their own disadvantages. I want my new broker to have following qualities:

1. Reliable and regulated, not one - day bucket shop.
2. Lots of available currency pairs. One of the main reason I'm not happy with FXDD is that their number of tradable pairs is quite small.
3. Hedging and no FIFO.
4. 1:100 leverage
5. Mobile trading platform.

Spreads are not an issue, I am not going to scalp. Good connection is important too. I have checked out quite...
Mrv, If you may, I think this link below will give you a better glimpse of brokers’ performances. You may also consider NDD or STP brokers.
http://www.forexfactory.com/showthread.php?t=68436
  • #23
  • Oct 13, 2011 6:29pm Oct 13, 2011 6:29pm
Have a look at these guys they offer a very low spreads no commission and are regulated by the FSA. Vantagefx.

They have an amazing platform and a management software to die for, minimium account $500 aus dollars.

http://www.vantagefx.co.uk/why-vantage-fx/

Also if you are interested in trading someone elses funds for a living they are connected to http://www.londonglobalinvestments.com/Remote_Trader who offer a full time trader job.

Hope this helps

Clive Packham
Feel the Fear and do it anyway!!!
  • #24
  • Oct 13, 2011 6:46pm Oct 13, 2011 6:46pm
I was loving these guys until the US gov screwed up things, but they will be back again in 2012-2013.

Quoting clivepackham
Have a look at these guys they offer a very low spreads no commission and are regulated by the FSA. Vantagefx.

They have an amazing platform and a management software to die for, minimium account $500 aus dollars.

http://www.vantagefx.co.uk/why-vantage-fx/
...
It's easy to be humbled but hard to be humble.
  • #25
  • Last Post: Oct 14, 2011 1:12pm Oct 14, 2011 1:12pm
I've been using ILQ as a broker as of recently. Using my proprietary scalping EA I've gone through a number of brokers trying to find the best environment. I recently made the switch from FXDD to ILQ. So far I'm seeing low spreads and great execution (keeping my fingers crossed). I know they're relatively new to the retail forex playing field but I'd suggest giving their demo a shot. Only con is that they're NFA registered so only 50:1 leverage.
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