What are the most 'reputable' brokers out there? | Forex Factory

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What are the most 'reputable' brokers out there?

  • #1
  • First Post: Apr 11, 2006 1:12pm Apr 11, 2006 1:12pm
What are the most 'reputable' brokers out there?
By reputable I mean for example used by many professional traders & for many years in biz!

Some other forum member mentioned today already:
- Neuimex
- GCI

You agree with that otherwise please add names to my list!!

Thanks
  • #2
  • Apr 11, 2006 5:35pm Apr 11, 2006 5:35pm
A good place to start is the Prefered Broker list on this site.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #3
  • Apr 11, 2006 6:02pm Apr 11, 2006 6:02pm
Quote

What are the most 'reputable' brokers out there?
By reputable I mean for example used by many professional traders & for many years in biz!

Some other forum member mentioned today already:
- Neuimex
- GCI

You agree with that otherwise please add names to my list!!

Thanks

M arketiva is too reputable for me i am happy with them ..very good for newbie and good support
  • #4
  • Apr 11, 2006 11:49pm Apr 11, 2006 11:49pm
Quoting MrWhipple
A good place to start is the Prefered Broker list on this site.
Thanks MrWhipple!
Preferred broker list you referring to, looks to me more like a promotional list! Maybe I am wrong...
  • #5
  • Apr 12, 2006 12:16am Apr 12, 2006 12:16am
Oanda. I have found them awsome, they don't get much of a mention around here but when they do it's always positive. I have also had good results from GCI.
The Forex - what is it? who controls it?
  • #6
  • Apr 12, 2006 12:34am Apr 12, 2006 12:34am
I can only speak from personal experience. I have had some unfortunate experiences with FXCM, which they have attempted to straighten out. However, I would prefer to be able to trade the news and that seems to be almost impossible with them, and they acknowledge this.

As a result I have tried 2 other brokers. MB trading has almost instantaneous action on orders at all times, including high volatility. Unfortunately their platform could make a Saint join AA, and they only have one level of levrage 1:100.

The other broker, FX Sol, I have only tried once during high volatility (last Friday's FOMC) and they were slightly slower than at other times but they did get the orders processed. Their platform is very user friendly and allows hedging, the company allows you to elect your level of leverage, and there is no required leverage level for carry trades.
  • #7
  • Apr 12, 2006 4:39am Apr 12, 2006 4:39am
  •  Rumi
  • | Joined Mar 2006 | Status: Student of forex trading | 44 Posts
I would maybe go to www.forexbastards.com Oanda has a great rep above most all brokers plus they have micro lots which are great to help anyone new to dip their finger in the water and test what it''s like to trade with real money ( yet only make or lose pennies if you want to). The platform sucks though. GFT has a terrific platform and is on eof the only brokers not to have any complaints concerning their platform. As a broker, they also have an alright rep. Interbank fx is also delvelopping a good rep, but that just word of mouth and not from people whom I know trade for a living and are reliable.

Hope that helps.
  • #8
  • Apr 12, 2006 6:43am Apr 12, 2006 6:43am
Thank you for the link,
Only if some of us knew this earlier.




Quoting Rumi
I would maybe go to www.forexbastards.com Oanda has a great rep above most all brokers plus they have micro lots which are great to help anyone new to dip their finger in the water and test what it''s like to trade with real money ( yet only make or lose pennies if you want to). The platform sucks though. GFT has a terrific platform and is on eof the only brokers not to have any complaints concerning their platform. As a broker, they also have an alright rep. Interbank fx is also delvelopping a good rep, but that just word of mouth and not from people whom I know trade for a living and are reliable.

Hope that helps.
  • #9
  • Apr 12, 2006 9:21am Apr 12, 2006 9:21am
Hi all
I'm looking for valid broker with MT4, support egold and their mini's start around USD 200-250. So far I found Northfinance fill my need, but somebody please give me an alternative. I can't find northfinance on forexbastard's list so anybody has any comment about northfinance?

Thank you
  • #10
  • Last Post: Apr 16, 2006 2:29am Apr 16, 2006 2:29am
Here is a chart that might help you out http://www.goforex.net/forex-broker-comparison.htm
Nolite dormiens pungere ursum. -- Latan Proverb.
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