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Best broker for long term trading

  • #1
  • First Post: Dec 5, 2011 1:26pm Dec 5, 2011 1:26pm
Hi!

Im searching for a good broker for long term trading, let say about 30 or 50 orders per year.

I'm thinking in MB Trading, Oanda, and Alpari UK.

Is there any adventage with the ECN respect to market makers if I don't scalping and my stops are 150 pips or more?

I need the broker allows trading in Micro and Mini Lots.

Thinking in Go Markets too because I do my backtests with their platform and work very good.

I'm hear about the Oanda desconections or Alpari Stop hunts and Slippage.

What about the commisions of MB?, are very high?. I don't know how it exactly works.

Some others ECN brokers recomended?

Plase, let me know you opinion about it.

Cheers!
  • #2
  • Dec 5, 2011 4:13pm Dec 5, 2011 4:13pm
Quoting Kfx
Hi!

Im searching for a good broker for long term trading, let say about 30 or 50 orders per year.

I'm thinking in MB Trading, Oanda, and Alpari UK.

Is there any adventage with the ECN respect to market makers if I don't scalping and my stops are 150 pips or more?

I need the broker allows trading in Micro and Mini Lots.

Thinking in Go Markets too because I do my backtests with their platform and work very good.

I'm hear about the Oanda desconections or Alpari Stop hunts and Slippage.

What about the commisions of MB?, are very high?....

Your focus should be on a broker that has the best swap points and pays you interest on your account.
  • #3
  • Dec 5, 2011 4:32pm Dec 5, 2011 4:32pm
There was a thread here were people claimed that Alpari frozen their account and held their money after being profitable something with wrong prices.

I would say stay away from Alpari, I'm with Oanda for about an year and I can't remember last time when I had a desconectd , I'm trading with their Java platform.

Mb seems OK too..I didn't heard bad things about them but I think their are smaller than Oanda since I din't saw then in that quarterly accounts profitability release.
  • #4
  • Dec 5, 2011 8:05pm Dec 5, 2011 8:05pm
Thanks for your replies ...

The main questions are ...

Are all Market Makers scams and they do all the possible (slippage, stops hunting ... ) for you lose?

All the brokers that claims be ECN, really are? ... And

Hear good things about Dukas, but the minimun deposit is 5k ...

Fx Pro looks good too, but no microlots ...

Can anyone recomend me a REAL ECN, regulated, minimum deposit 1k, allow to operate in microlots, with low commisions and swaps?

Thanks again!
  • #5
  • Dec 6, 2011 3:42am Dec 6, 2011 3:42am
Quoting spike00spieg
There was a thread here were people claimed that Alpari frozen their account and held their money after being profitable something with wrong prices.

I would say stay away from Alpari, I'm with Oanda for about an year and I can't remember last time when I had a desconectd , I'm trading with their Java platform.

Mb seems OK too..I didn't heard bad things about them but I think their are smaller than Oanda since I din't saw then in that quarterly accounts profitability release.
Alpari UK’s goal is to be fair and transparent. We have many thousands of customers and pride ourselves on the excellence of service that we provide them.

Our full statement regarding this matter can be found here.

Alpari (UK) Ltd
  • #6
  • Dec 6, 2011 6:44am Dec 6, 2011 6:44am
Quoting Kfx
Thanks for your replies ...

The main questions are ...

Are all Market Makers scams and they do all the possible (slippage, stops hunting ... ) for you lose?

All the brokers that claims be ECN, really are? ... And

Hear good things about Dukas, but the minimun deposit is 5k ...

Fx Pro looks good too, but no microlots ...

Can anyone recomend me a REAL ECN, regulated, minimum deposit 1k, allow to operate in microlots, with low commisions and swaps?

Thanks again!
What is Dukas? Dukascopy?
  • #7
  • Dec 6, 2011 3:24pm Dec 6, 2011 3:24pm
Quoting spike00spieg
What is Dukas? Dukascopy?
Yes!
  • #8
  • Dec 7, 2011 12:03am Dec 7, 2011 12:03am
Quoting Alpari UK
Alpari UK’s goal is to be fair and transparent. We have many thousands of customers and pride ourselves on the excellence of service that we provide them.

Our full statement regarding this matter can be found here.

Alpari (UK) Ltd

hahahahahahahahahhahahaa.............................
  • #9
  • Dec 8, 2011 10:51pm Dec 8, 2011 10:51pm
MB Trading only provide Standard / Mini lot , doubt miro lot is available.

Quoting Kfx
Hi!

Im searching for a good broker for long term trading, let say about 30 or 50 orders per year.

I'm thinking in MB Trading, Oanda, and Alpari UK.

Is there any adventage with the ECN respect to market makers if I don't scalping and my stops are 150 pips or more?

I need the broker allows trading in Micro and Mini Lots.

Thinking in Go Markets too because I do my backtests with their platform and work very good.

I'm hear about the Oanda desconections or Alpari Stop hunts and Slippage.

What about the commisions of MB?, are very high?....
  • #10
  • Dec 9, 2011 4:26am Dec 9, 2011 4:26am
Quoting sk2000sg
MB Trading only provide Standard / Mini lot , doubt miro lot is available.
According to this site, MB offer micro lots.

http://www.100forexbrokers.com/mini-...nts-comparison

Anyway I just opened an account with Oanda. As I see something I do not like it, I'll take the money to another broker, probably an ECN.
  • #11
  • Last Post: Jan 24, 2015 12:59am Jan 24, 2015 12:59am
So apparently I got screwed by Alpari UK. I'm a position trader holding positions for weeks up to months. Anyone can recommend a good broker that allows trading in at least all crosses of the 8 major currencies (28 pairs) and commodities (at least gold, silver, and oil, but preferably includes corn, sugar, copper, etc.)?
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