Changing Brokers

Looking to try Money Forex. Does anyone have any information on them. I like the fact that you can trade S&P, DJIA, silver, crude and gold
Any feedback would be appreciated.
Thanks to all.

Clubmaker

Clubmaker

Have you checked out the thread below regarding brokers?

http://www.forexfactory.com/forexfor...ead.php?t=5747

Just information; not a recommendation.

Thanks MoneyMa$ter

Can't find anything on Money Forex in that thread but did note that some others had the same problem with their stops being hit to the pip as I do with my current broker.
My only exposure to Money Forex is their adverts on this forum. The spreads are good and you can get commodity pricing on the same platform and trade them in mini lots. I like to see what oil and gold are doing as they often affect the loonie.

Clubmaker

ANd always check them out with the NFA, see if they have any actions filed against them, and to make sure they are registered.
http://www.nfa.futures.org/basicnet/


search for money forex at NFA revealed they are not registered.
http://www.nfa.futures.org/basicnet/...rm=MONEY+FOREX

from looking at there website I don't get a good feeling about there website either

You can also look at some broker's ratings from users in:

www.goforex.net

and

www.forexbastards.com

Greetings,

Pablo.

Thanks for the feedback. Can't find anything good OR bad about them. Does anyone know the criteria for being listed as a preferred broker on this site? Or is it just advertising $??
Their trade platform is a little mickey mouse, (no entry stops) or seems to be. Just trading demo mini right now. A little slower than my current stop hunting broker but that may be a blessing in disguise.
Any thoughts about the other preferred brokers on this site?

Thanks,
Clubmaker