Profitable traders only: who do you trade with? | Forex Factory

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Profitable traders only: who do you trade with?

  • #1
  • First Post: Jun 13, 2015 7:58pm Jun 13, 2015 7:58pm
Who do you trade with and how do you rate them regarding withdrawals,ease of platform use, customer service, charting software,costs or anything else relevant.

I'm with fx pro c trader platform , which is pretty good and normally quick execution, my first withdrawal (int transfer) has gone missing which isn't a great start, going to check with my bank next week...
Never said I was Batman,all I'm saying is you'll never see us together.
  • #2
  • Jun 14, 2015 12:19am Jun 14, 2015 12:19am
Hi there,

I use and like Oanda and Interactive Brokers.

Oanda
Decent account statements and now has a fairly decent REST API so you could customize and code your own systems and account queries in pretty much any programming language. Multicharts.net also has access to Oanda data in recent years. I like the complete lot size flexibility. Easy withdrawals.

Interactive Brokers
Pretty much the only broker offering stocks, futures, and options for global markets at a fairly competitive rate. Their platform is complicated and has a non-standard look and feel. Their statement accounting for FX positions is also more complicated. Their FX offering is an ECN style broker. Easy withdrawals.

Summary
I use IB exclusively for futures trading and sometimes for FX trading. I don't use IB for data, but I do use Oanda for FX data. I don't use either of them for charting, I use Multicharts.net hooked up to esignal for futures data and Oanda for FX data. I consider a brokers primary job is to execute my trades fairly - both of these brokers do that job well.

With kind regards,
MK
  • #3
  • Jun 14, 2015 3:12am Jun 14, 2015 3:12am
I've never thought that I can use one broker service for collecting data and trade with another broker. That's a great idea, thanks! After this recommendation I'm going to use Oanda.
  • #4
  • Jun 14, 2015 6:54am Jun 14, 2015 6:54am
U can watch the data on one broker and if u want to trade, then do this in the second platforom.
  • #5
  • Jun 14, 2015 8:54am Jun 14, 2015 8:54am
You could also use https://www.tradingview.com/ for the price feed and then trade with your other broker. There may a discrepancy between how many daily bars are shown in a week but prices should be similar
  • #6
  • Jun 14, 2015 9:47am Jun 14, 2015 9:47am
Yes, tradingview.com is verry good. I use it too sometimes
  • #7
  • Jun 14, 2015 4:55pm Jun 14, 2015 4:55pm
Quoting headfake
Who do you trade with and how do you rate them regarding withdrawals,ease of platform use, customer service, charting software,costs or anything else relevant. I'm with fx pro c trader platform , which is pretty good and normally quick execution, my first withdrawal (int transfer) has gone missing which isn't a great start, going to check with my bank next week...
Hey I like FXpro a lot as they are one of the only reliable brokers that are DECENT and they offer paypal for funding! More brokers should do this, skrill is joke! And why so many people 'going' with Oanda?? Don't they know this broker is a market maker? LOL well whatever floats your boat. I mean if you like a MM and 1:50 leverage then by all means. They were one my first broker when I was learning FX because they have a cad office like 20 min away from where I lived. But now, I know, way better business out there than Oanda. No offence, just what they offer and what I can get cant even compare anymore.
On that note, any broker that is regulated. I use A LOT of different brokers as my money is spread out of many different brokers. I like IC markets, FXpro, Pepperstone, FXChoice, Tickmill, and new addition FXgrow.
All posts are my personal opinion
  • #8
  • Jun 16, 2015 6:41am Jun 16, 2015 6:41am
oanda is a jock they hunt your stop loss and bad in there policy they for your money for sure this is my opinion
all have a nice day
focus while relaxed to see better
  • #9
  • Jun 17, 2015 5:36am Jun 17, 2015 5:36am
Quoting orabi
oanda is a jock they hunt your stop loss and bad in there policy they for your money for sure this is my opinion all have a nice day
No they don't
  • #10
  • Jun 17, 2015 7:13am Jun 17, 2015 7:13am
There is profitable traders at every broker.. well unless they get kicked for they are profitable. So, what's the point?
Point is if you are profitable or not should not depend on the broker. However, possibly with certain strategies it does.
Return To Disorder
  • #11
  • Jun 18, 2015 5:21am Jun 18, 2015 5:21am
LMAX
  • #12
  • Jun 20, 2015 5:45pm Jun 20, 2015 5:45pm
Quoting MidKnight
Hi there, I use and like Oanda and Interactive Brokers. Oanda Decent account statements and now has a fairly decent REST API so you could customize and code your own systems and account queries in pretty much any programming language. Multicharts.net also has access to Oanda data in recent years. I like the complete lot size flexibility. Easy withdrawals. Interactive Brokers Pretty much the only broker offering stocks, futures, and options for global markets at a fairly competitive rate. Their platform is complicated and has a non-standard look...
Interesting I suppose if you only trade fx sometimes then Oanda would be enough, kinetic feeds pretty good too I hear
Never said I was Batman,all I'm saying is you'll never see us together.
  • #13
  • Jun 20, 2015 5:53pm Jun 20, 2015 5:53pm
Quoting Rtm
{quote} Hey I like FXpro a lot as they are one of the only reliable brokers that are DECENT and they offer paypal for funding! More brokers should do this, skrill is joke! And why so many people 'going' with Oanda?? Don't they know this broker is a market maker? LOL well whatever floats your boat. I mean if you like a MM and 1:50 leverage then by all means. They were one my first broker when I was learning FX because they have a cad office like 20 min away from where I lived. But now, I know, way better business out there than Oanda. No offence,...
I still have an account with Oanda from way back too, their charting platform is terrible but you can buy charting and use them tho, don't like the new disclosure statement they sent out think I'll close my account with them now
Never said I was Batman,all I'm saying is you'll never see us together.
  • #14
  • Jun 20, 2015 9:04pm Jun 20, 2015 9:04pm
Quoting headfake
{quote} I still have an account with Oanda from way back too, their charting platform is terrible but you can buy charting and use them tho, don't like the new disclosure statement they sent out think I'll close my account with them now
Yes, so many better brokers out there friends
All posts are my personal opinion
  • #15
  • Jun 20, 2015 9:22pm Jun 20, 2015 9:22pm
i trade with roboforex and fxpro and i am profitable thanks god
all have a nice day
focus while relaxed to see better
  • #16
  • Jun 20, 2015 10:06pm Jun 20, 2015 10:06pm
Quoting orabi
i trade with roboforex and fxpro and i am profitable thanks god all have a nice day
Never said I was Batman,all I'm saying is you'll never see us together.
  • #17
  • Jun 21, 2015 10:57pm Jun 21, 2015 10:57pm
Quoting headfake
{quote} Interesting I suppose if you only trade fx sometimes then Oanda would be enough, kinetic feeds pretty good too I hear
You suppose wrong.
  • #18
  • Jul 4, 2015 3:50am Jul 4, 2015 3:50am
Quoting MidKnight
{quote} You suppose wrong.
So you use Oanda as your primary broker for trading fx ?
Never said I was Batman,all I'm saying is you'll never see us together.
  • #19
  • Jul 5, 2015 9:08am Jul 5, 2015 9:08am
I am a profitable trader (not a very big one) and I'm compounding my trading account in Mayzus investment company. I like this broker, I'm with this from from some years. Although previous years has gone by as my training mode but I never had any issue with this broker since start.
  • #20
  • Jul 7, 2015 2:32am Jul 7, 2015 2:32am
Quoting Rtm
{quote} Hey I like FXpro a lot as they are one of the only reliable brokers that are DECENT and they offer paypal for funding! More brokers should do this, skrill is joke! And why so many people 'going' with Oanda?? Don't they know this broker is a market maker? LOL well whatever floats your boat. I mean if you like a MM and 1:50 leverage then by all means. They were one my first broker when I was learning FX because they have a cad office like 20 min away from where I lived. But now, I know, way better business out there than Oanda. No offence,...

I mainly use skrill, but their customer support is really slow. By the way I've heard that skrill is being purchased by neteller, is that true?
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