DislikedTraders, some names from the search. I appreciate your comments. https://www.blackbullmarkets.com/ - I stil wonder if they are scammers or what they present is real. http://www.cfhclearing.com - opinions please? https://www.cmtrading.com/en-US/account-types/ - check out their 'risk free trade' its funny. http://www.directfx.com/en/forex/ - asic regulated, leverage is 1:100 but otherwise seems legit. need opinion? http://www.divisacapital.com/ - I guess a large deposit is needed here, but not...Ignored
{quote} My trades are very fast and so i have to spread my volumes on as many brokers i can, cannot use only Pepperstone. At the moment Fx Open is at 4th place and cannot quit it. Up to now all is acceptable, but i monitor every broker on a daily bases but before to quit a broker i need many consecutive bad trades. If i quit Fx Open where i can scalp? Max FX? P.S. A secret: Fx Open is the best broker to scalp usdjpy
{quote} I think we are going too off topic and probably are attracting attention of some newbies on Max FX. I will reply in the thread "best broker for scalpers"
I think it's opposite as nobody recommends them
{quote} BlackBullMarkets - I don't know them, but their website is untidy, which is typical for scam brokers, but it's only my feeling. CFHclearing- "To trade with CFH Clearing, a client must qualify as a financial institution or a professional trader. We do not wish to compete with our Broker Partners and therefore do not directly accept retail clients." CM Trading- typical MM and regulation of South Africa, doesn't sound good. DirectFx- ASIC regulated, maybe worth testing DivisaCapital - doen't accept retail clients. FixFx- I've seen many bad...
Brokers want money, they dont care how professioanl are we, or not. If you have a million bucks to deposit, be sure you are a PRO by all means, even if you have never placed a forex trade on a demo.
{quote} Thanks for your analysis. I'm on the same opinion
https://www.handbook.fca.org.uk/handbook/COBS/3/5.html
- #29
- Last Post: May 10, 2016 7:11am May 10, 2016 7:11am
{quote} Meaning of professional client -FCA: https://www.handbook.fca.org.uk/handbook/COBS/3/5.html
(3)
the following procedure is followed:
- (a) the client must state in writing to the firm that it wishes to be treated as aprofessional client either generally or in respect of a particular service or transaction or type of transaction or product;
- (b) the firm must give the client a clear written warning of the protections and investor compensation rights the client may lose; and
- (c) the client must state in writing, in a separate document from the contract, that it is aware of the consequences of losing such protections.
So it all comes downto one and only question. "How much money are you planning to deposit with us?" . If you give satisfactory answer to that question, the rest is formality.
but we get reaaaly off-topic, so lest just cut it here