Quoting hugobossv8DislikedHas anyone heard of this broker? http://www.fxtrader.net ...it looks like they are in South Africa, but they have low pip spread and high leverage at 500:1. I'm going to try to find out more...Ignored
I have e-mailed them asking
information on there antiscalping pollicy. I asked them if 5-20 pips is ok...mostly 5-10.
And I asked what if I move s/l to just above break even. Then the trade turns and hits my s/l with 2-3 pips profit. Would that be missjudged as scalping?
I have a feeling that 5-10 pips won't be ok.
Lets see what they have to say.
Dave