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Best broker for my needs?

  • #21
  • Edited 3:57am Jul 20, 2012 3:01am | Edited 3:57am
Quoting pyzak
Hi Hugh,

I am interested in changing Alpari UK to different broker. Can you tell me what broker do you use at the moment cause my type of trading is similar to yours (Swing trading with heiken ashi and stochs).

Alpari UK has got quite big speads on micro account. I can only trade EUR/USD or AUD/USD or GBP/USD cause spread is lover than 30. I like how EUR/USD behave so would like to trade it too but the spread is 70 - to much for me...

Regards
Pyzak
Hi Pyzak,

Thank you for your post.

Our Micro / Classic Account spreads on currency pairs such as EURUSD are typically 1.6 pips.
http://img411.imageshack.us/img411/1...usdspreads.jpg


 Don't forget as Alpari (UK)'s uses a 5 decimal place system, 10 points equal 1 pip.

 http://static.alpari.co.uk/trading-i...ng-image-3.jpg

If you would like tighter spreads, why not give the new and enhanced MT5 a go? You can open an Alpari (UK) MT5 ECN account with a minimum deposit of just USD200 and choose your leverage options, up to 1:500. Spreads are available from 0 pips with no re-quotes. No commission will be charged for trades opened and closed by 1st October 2012.


Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #22
  • Jul 20, 2012 3:18am Jul 20, 2012 3:18am
Thank you for explanation. I need to read more about this MT5 ECN account. I might contact Alpari UK too.

Regards
Pyzak


Quoting Alpari UK
Hi Pyzak,

Thank you for your post.

Our Micro / Classic Account spreads on currency pairs such as EURUSD are typically 1.6 pips.
http://img411.imageshack.us/img411/1...usdspreads.jpg


 Don't forget as Alpari (UK)'s uses a 5 decimal place system, 10 points equal to 1 pip.

 [font=Verdana][size=2]http://static.alpari.co.uk/trading-i...ng-image-3.jpg

If...
  • #23
  • Jul 20, 2012 3:33am Jul 20, 2012 3:33am
Quoting pyzak
Hi Hugh,

I am interested in changing Alpari UK to different broker. Can you tell me what broker do you use at the moment cause my type of trading is similar to yours (Swing trading with heiken ashi and stochs).

Alpari UK has got quite big speads on micro account. I can only trade EUR/USD or AUD/USD or GBP/USD cause spread is lover than 30. I like how EUR/USD behave so would like to trade it too but the spread is 70 - to much for me...

Regards
Pyzak
I'll answer you in PM but to anyone else reading I wouldn't recommend trading with Alpari. Their spreads are definitely not the most competitive and neither is their execution. Maybe the mt5 account will be different but I'm happy with who I am trading with now.
  • #24
  • Jul 20, 2012 3:51am Jul 20, 2012 3:51am
Quoting Hugh Briss
I'll answer you in PM but to anyone else reading I wouldn't recommend trading with Alpari. Their spreads are definitely not the most competitive and neither is their execution. Maybe the mt5 account will be different but I'm happy with who I am trading with now.
Hi Hugh,

Since our forex spreads are set by price competition from multiple liquidity providers, they can vary based on market volatility and liquidity. As that changes, so too can the spread. If you would like to gain access to tighter spreads, I would recommend looking into the either our MT5 ECN account* or MT4 Pro account which offer lower transaction costs through a reduced spread/commission combination. The transaction cost is dependent on the amount of volume you transact on a monthly basis, so transaction cost decrease as your volumes increase. Commission is based on volume traded per calendar month and commissions are nominal per currency pair traded.

 http://img337.imageshack.us/img337/4...oncharges2.jpg

 *MT5 Commission: There are no commission charges for deals opened and closed by 1 October 2012. After that date commission charges will apply.
Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #25
  • Jul 20, 2012 4:19am Jul 20, 2012 4:19am
Quoting pyzak
Thank you for explanation. I need to read more about this MT5 ECN account. I might contact Alpari UK too.

Regards
Pyzak
Happy to help Pyzak.

 If you would like more details about our MT5 ECN account, please click here.

 If you have any further queries, please feel free to contact our team on live-chat, via email or on +44 (0) 207 426 2900. We're here to help.


 Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #26
  • Jul 20, 2012 5:10am Jul 20, 2012 5:10am
Quoting Alpari UK
Happy to help Pyzak.

 If you would like more details about our MT5 ECN account, please click here.

 If you have any further queries, please feel free to contact our team on live-chat, via email or on +44 (0) 207 426 2900. We're here to help.


...
You still pad your spreads.....i don't think i had ever seen it goes to 0
  • #27
  • Jul 20, 2012 5:36am Jul 20, 2012 5:36am
Quoting Supertrader9
You still pad your spreads.....i don't think i had ever seen it goes to 0
Since I've used a different broker I will never go back to Alpari whatever they say. Just my opinion though.
  • #28
  • Jul 20, 2012 5:40am Jul 20, 2012 5:40am
Quoting Hugh Briss
Since I've used a different broker I will never go back to Alpari whatever they say. Just my opinion though.
Me too brother me too. If a broker gives 0 spreads but slips me like fish i will leave them too....in conclusion, only the good and honest brokers deserved to be praised and recommended. All brokers should be honest nowadays. No more easy money for crooks!
  • #29
  • Mar 15, 2020 3:24am Mar 15, 2020 3:24am
I'm looking for a broker who has a mobile app that allows me to view Heiken Ashi candles.
Anybody can recommend?
  • #30
  • Mar 20, 2020 9:50am Mar 20, 2020 9:50am
Quoting EastWind
I'm looking for a broker who has a mobile app that allows me to view Heiken Ashi candles. Anybody can recommend?
I think you have to use ICMarkets or OctaFX has Ctrader platform, because MT4 on mobile won't work.
  • #31
  • Mar 21, 2020 12:23am Mar 21, 2020 12:23am
I am looking for a good broker in the US can any one recommend? Seems like alot of these companies do not operate in the US yet. I would like a broker that has quick transfers, give you margin funding, and low spreads.

Is Interactive Brokers any good?
  • #32
  • Mar 25, 2020 8:36pm Mar 25, 2020 8:36pm
Quoting spatel522
I am looking for a good broker in the US can any one recommend? Seems like alot of these companies do not operate in the US yet. I would like a broker that has quick transfers, give you margin funding, and low spreads. Is Interactive Brokers any good?

yes Interactive Brokers is good only till you go on loosing , just you need to read their condition of minimum trades per month .

under compulsory number of trades in a month no one can make money from this market .
Neither a Bro Nor a Pro I am I
  • #33
  • Apr 2, 2020 8:14am Apr 2, 2020 8:14am
for me, ICMarkets is the optimal choice if you are concerned about low spread, and Darwinex is safe because of FCA standards.
  • #35
  • Last Post: Apr 9, 2020 5:39am Apr 9, 2020 5:39am
I think you don't have to change forex broker if you have no problems with them.
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