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Good broker for professional trading, no bucket scams please

  • #1
  • First Post: Oct 15, 2015 2:27pm Oct 15, 2015 2:27pm
I am a little skeptical if I will find an answer by posting this thread, but anyways I will try it.
Wha I am looking for : Broker which is regulated by some serious institution, EU territory preffered, but could be elsewhere. Leverage >1:100 , it would be good >1:200 but not at all cost. very small spreads, some fixed commission, even if it is higher, I am willing to pay high comission for a good service. Good withdrawal/deposit procedures - meaning all the stuff - cards, bank transfers, no delays, normal fees. very important - no platform freezing, no intervention and messing with my trades. I am really trying to find a reliable broker that I can trust with my trading. It could be expensive but I dont care. I just want to be able to trade from monday to friday 24 hours a day, without connection failures and that kinda stuff. Definately a broker with live support 24/5 - a competent support that can solve issues, not some outsorced bullshiters that dont even know what we are doing here. And it would be nice if they offer telephone dealing, although if they dont mess with the terminal I can live without it. Very preferable to have MT4, or some way to use it with them. It could be with higher deposit req. Give me any names and I will research them, please.
But please, I want answers from traders with years xperience, trading serious volume on live account. I dont want to offend anyone ,but it is of no purpose to me to get unprofessional advice from people that are new to the game. I dont want ads, I want someone to share first hand experiene. Keyword is reliable broker, that is going to allow me to trade normally, and succeed or fail based on my own skills and independent of some scam tricks or tech failures etc.. not the maximum leverage, not the fanciest website and advertisement. I am looking to do some serious business... And I need serious broker. Thanks !
  • #2
  • Oct 15, 2015 4:26pm Oct 15, 2015 4:26pm
i suggest ,roboforex,,fxgrow,pepperstone,interactivebrokers

have a nice day please
focus while relaxed to see better
  • #3
  • Oct 15, 2015 5:07pm Oct 15, 2015 5:07pm
Quoting feline207
I am a little skeptical if I will find an answer by posting this thread, but anyways I will try it. Wha I am looking for : Broker which is regulated by some serious institution, EU territory preffered, but could be elsewhere. Leverage >1:100 , it would be good >1:200 but not at all cost. very small spreads, some fixed commission, even if it is higher, I am willing to pay high comission for a good service. Good withdrawal/deposit procedures - meaning all the stuff - cards, bank transfers, no delays, normal fees. very important - no platform freezing,...
How much are you going to fund ?
  • #4
  • Oct 15, 2015 9:30pm Oct 15, 2015 9:30pm
Screw pepperstone i have a withdrawal request with them its 3 weeks now and I still dont have my money. They keep blaming my bank which is BS. Check out forex peace army thread I even opened a case there.

My advice... Dont use MT4 for platform when trading find a broker that offers another platform. You love MT4 with all those indicators yes me too but I only use MT4 to display my indicators but I never execute trades there. Brokers can do many things to your account while using that platform stop outs manipulated price quotes etc. Brokers will tell you they are true ecn, transparent yada yada yada BS if its MT4 they can screw with you. Search virtual plugin in this forum and you will find out.

Right now I too is searching for a new broker but I prefer a broker that offers Ctrader.
  • #5
  • Oct 15, 2015 9:42pm Oct 15, 2015 9:42pm
Quoting maflip
Screw pepperstone i have a withdrawal request with them its 3 weeks now and I still dont have my money. They keep blaming my bank which is BS. Check out forex peace army thread I even opened a case there. My advice... Dont use MT4 for platform when trading find a broker that offers another platform. You love MT4 with all those indicators yes me too but I only use MT4 to display my indicators but I never execute trades there. Brokers can do many things to your account while using that platform stop outs manipulated price quotes etc. Brokers will...
wish you good luck with your bank wire ,i use credit card 12h. only
have a nice day please
focus while relaxed to see better
  • #6
  • Oct 16, 2015 1:18am Oct 16, 2015 1:18am
Quoting orabi
{quote} wish you good luck with your bank wire ,i use credit card 12h. only have a nice day please
It is a credit card withdrawal. Normally it only takes them 3-5 days. But now it is taking an unusually long time it's been 3 weeks now. Even my bank tells me there is nothing coming in from Pepperstone. Did it just got lost in Limbo or Pepperstone really did not send any money? Who knows? But the one getting screwed here is me... I hopefully it arrives soon.
  • #7
  • Oct 16, 2015 1:51am Oct 16, 2015 1:51am
Quoting maflip
Screw pepperstone i have a withdrawal request with them its 3 weeks now and I still dont have my money. They keep blaming my bank which is BS. Check out forex peace army thread I even opened a case there. My advice... Dont use MT4 for platform when trading find a broker that offers another platform. You love MT4 with all those indicators yes me too but I only use MT4 to display my indicators but I never execute trades there. Brokers can do many things to your account while using that platform stop outs manipulated price quotes etc. Brokers will...
So you think that with another platform they cant mess with you? Why is that. If you trade with a broker you are at their hands. Doesn't matter the platform. Any software can be messed with.
  • #8
  • Oct 16, 2015 1:52am Oct 16, 2015 1:52am
Quoting feline207
I am a little skeptical if I will find an answer by posting this thread, but anyways I will try it. Wha I am looking for : Broker which is regulated by some serious institution, EU territory preffered, but could be elsewhere. Leverage >1:100 , it would be good >1:200 but not at all cost. very small spreads, some fixed commission, even if it is higher, I am willing to pay high comission for a good service. Good withdrawal/deposit procedures - meaning all the stuff - cards, bank transfers, no delays, normal fees. very important - no platform freezing,...
LCG, Atom8, Duka, Global prime, tradestation
MY SITTING, NEVER MY THINKING!
  • #9
  • Oct 16, 2015 1:54am Oct 16, 2015 1:54am
Quoting maflip
{quote} It is a credit card withdrawal. Normally it only takes them 3-5 days. But now it is taking an unusually long time it's been 3 weeks now. Even my bank tells me there is nothing coming in from Pepperstone. Did it just got lost in Limbo or Pepperstone really did not send any money? Who knows? But the one getting screwed here is me... I hopefully it arrives soon.
Sorry to hear mate. That's very strange. I've been with Pepperstone for a while and whenever I withdraw from them it's two days max regardless of how large or small the amount is.
Have you contacted and spoke to them? Give them a ring and speak to a manager. There is absolutely no reason why it should take more than 72 hours for you to receive your funds.
  • #10
  • Oct 16, 2015 2:40am Oct 16, 2015 2:40am
Quoting maflip
{quote} It is a credit card withdrawal. Normally it only takes them 3-5 days. But now it is taking an unusually long time it's been 3 weeks now. Even my bank tells me there is nothing coming in from Pepperstone. Did it just got lost in Limbo or Pepperstone really did not send any money? Who knows? But the one getting screwed here is me... I hopefully it arrives soon.
​
wish you the best just contact them
have a nice day :
focus while relaxed to see better
  • #11
  • Oct 16, 2015 4:00am Oct 16, 2015 4:00am
Quoting feline207
EU territory preffered,
You won't find EU located broker that will allow you to trade with 1-2 K deposit with tight spreads and commission you expect. You can check FCA or CySec regulated brokers, some traders are obsessed with FCA or ASIC regulations but I think if you're not UK or AU citizens they don't cover you on their compensation schemes.
If you want concrete recommendations I'd suggest Global Prime, Hotforex and FXCM, a kind of ASIC&CySEC&NFA combination testing them with around 1K USD each to figure out pros and cons, though all doing pretty good. FXCM is good with MM adjustments, in HF I like their zero spread account, Global Prime - just picked to test ASIC broker.

Make your own due diligence cuz every trader has his own trading preferences and not every broker can fit the bill in these terms.
  • #12
  • Oct 16, 2015 4:27am Oct 16, 2015 4:27am
Quoting feline207
{quote} So you think that with another platform they cant mess with you? Why is that. If you trade with a broker you are at their hands. Doesn't matter the platform. Any software can be messed with.
Because Ctrader does not have broker features that allow brokers to change price or hit your stop loss and MT4 does. Mt4 is a market maker platform. Are you a new trader?

Well okay keep using MT4 for your trades then.
  • #13
  • Oct 16, 2015 4:29am Oct 16, 2015 4:29am
Quoting Dimi.A
{quote} Sorry to hear mate. That's very strange. I've been with Pepperstone for a while and whenever I withdraw from them it's two days max regardless of how large or small the amount is. Have you contacted and spoke to them? Give them a ring and speak to a manager. There is absolutely no reason why it should take more than 72 hours for you to receive your funds.
I already contacted them and called them too. Same here I've been with them 2 years this is the first time it's taking this long. I hope my money did not get lost in Limbo. They keep blaming my bank and my bank keep saying no no nothing came in. So I'm screwed. Pepper said they are doing a trace with their bank but they said this might take 2 weeks for the result of the trace.

Any others with similar experience how long did it took for you to get your money? Ok, well sorry to the thread starter this is off topic now. Maybe I should start my own thread.
  • #14
  • Oct 16, 2015 6:11am Oct 16, 2015 6:11am
JFD Brokers... give them a try

www.jfdbrokers.com
practising coitus interruptus
  • #15
  • Oct 16, 2015 6:51am Oct 16, 2015 6:51am
Quoting maflip
{quote} Because Ctrader does not have broker features that allow brokers to change price or hit your stop loss and MT4 does. Mt4 is a market maker platform. Are you a new trader? Well okay keep using MT4 for your trades then.
market making and platform are different things and independent, i can be your market maker without a platform and without electronic network, and you can trade with my most shittiest mt4 and still i can be just an intermediary.
do you think that I am a new trader? and did you read my posts? i know some stuff, that doesnt matter, what matters is that recently i started to grow exponentially and i cant fit with shitty brokers which dont allow us to trade. They are ok with you if you are losing or if you are winning with micro lots, your pocket change does not matter. The moment you start pressing really hard, they somehow understand that it is not going to be easy with you. And then starts the bullshits. and even if you survive, there i no guarantee that you will receive your money. So lets put it this way- i am in some transitory period, when I posses knowledge but lack large capital, so I need someone that is on a really high level to tell me which broker is ok to build serious capital before going to primes. That is what I want in short words. I need first hand experience from people that have crossed the barrier from lame to professional trading. As I see you do not fit in that frame so please refrain from posting your opinion on this thread for now, nothing personal and good luck Really dont want to turn my thread into a useless shit and a battlefield so lets cut it here.
  • #16
  • Oct 16, 2015 7:10am Oct 16, 2015 7:10am
If you high volume trader Try pricemarkets.com
  • #17
  • Oct 16, 2015 7:16am Oct 16, 2015 7:16am
Quoting lasty
{quote} How much are you going to fund ?
Indeed, it will all depend on the answer to this question.
If it is 5k you can go with the usual stuff like LGC, Activtrades, Dukascopy, etc.
If it is 50k or even better 100k you can go for brokers like CFH Clearing, Baxter FX, Fixi, etc
  • #18
  • Oct 16, 2015 7:36am Oct 16, 2015 7:36am
Quoting leebsurag
{quote} You won't find EU located broker that will allow you to trade with 1-2 K deposit with tight spreads and commission you expect. You can check FCA or CySec regulated brokers, some traders are obsessed with FCA or ASIC regulations but I think if you're not UK or AU citizens they don't cover you on their compensation schemes. If you want concrete recommendations I'd suggest Global Prime, Hotforex and FXCM, a kind of ASIC&CySEC&NFA combination testing them with around 1K USD each to figure out pros and cons, though all doing pretty good. FXCM...
Hello and thanks for your reply. I am not obsessed with the regulation, I just think that it is better to trade with a broker that is physically closer to me, having some european hq etc.. Most offshore brokers look suspicious from the very beginning, they dont have hq mentioned anywhere, they have some physical adress on the terrace on some ruined building on some distant island or whatever. That is not serious, people that you cant reach or contact. No transparency here. I havent said low comissions, said that i am willing to pay higher comissions if the service is better, i think that there has to be brokers that offer expensive service, but at a greater level. It is ok. From your list, FXCM is a very commercial broker and visiting their website didnt bring me any truth and respect. They dont seem to be seriously oriented, even though I know they are the largest of the retailers. For hotforex i have heard that they are a complete scam, and true - visiting their site. 1000 leverage, openning accounts with 10 bucks etc.. And it just looks suspicious. And i have seen tons of threads agains them also, so much things Ijust cant trust them. Glboal prime I havent heard, i need to research them. Thank you for stopping by and would be nice to hear more comments.
  • #19
  • Oct 16, 2015 7:40am Oct 16, 2015 7:40am
Quoting Dkam
{quote} Indeed, it will all depend on the answer to this question. If it is 5k you can go with the usual stuff like LGC, Activtrades, Dukascopy, etc. If it is 50k or even better 100k you can go for brokers like CFH Clearing, Baxter FX, Fixi, etc
Hello. Although i am not comfortable to share details on a public thread, let me put it this way - I am planning to test them with a lower ammount, as you advice with lgc duka etc.., but I plan to turn things pretty big if they gain my trust. So I need a relatively low entry level broker, but not as low as 100 bucks ! And also a broker that I can grow with and they wont start sabotaging me as soon as they see the picture. So theres the confusion. I cant just deposit 50 or 100k in a broker i havent dealt with. Its insane from my point of view, I am not that rich.Thanks for your offers guys, I will check all of them online.
  • #20
  • Oct 16, 2015 7:47am Oct 16, 2015 7:47am
Quoting leebsurag
{quote}if you're not UK or AU citizens they don't cover you on their compensation schemes.
Not true for UK at least.
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