Make your losses in demo. Earn your profits live.

Help me choose between these two brokers please 13 replies
2017, which platform to choose between MetaTrader 4 and 5? 3 replies
Need help to choose broker - smallest spreads on many pairs 3 replies
Need help to choose a broker 11 replies
Disliked{quote} Interactive Brokers and MB Trading as far as I know. You will find more but in prime brokers not in retail forex.Ignored
Disliked{quote} Forexia calls everyone a scam, including InstaForex, which is a successful broker.Ignored
Disliked{quote} As always Forexia good info from you in the brokers forum but....MBTrading was bought by TradeKing recently which in turn is a IB for Gain Capital which is a MM.Ignored
Disliked{quote} And now there is one!! So sad MB Trading is gone. Well suits them right for not offering accounts to Canadian traders. I inquired with them several times and was given the cold shoulder.Ignored
DislikedMB Trading doesnt even exist anymore, and guess who acts as counterparty for FX trades on the Interacte Broker fx system(and previously with MB Trading)?Ignored
Disliked{quote} First of all, I never called MM brokers scam. I just feel their business model has inherent conflict of interest with us traders and it's almost impossible for traders to be profitable trading with a MM broker. And since us traders are in the business of making money too and not ATM machines for brokers, it's best to avoid MM brokers. However there ARE MM brokers who are also scams and InstaForex IS a scam. Just because it's successful it doesn't mean it's legit.Ignored
DislikedHello, Mr. Forexia. Thank you so much for your answers. Since your are in this field for many years, what about Dukascopy? Are they ECN or MM ? Thanks for your kind assistance, MrJinks.Ignored
Disliked{quote} Their PDS is the standard one under ASIC which just shows you that NONE of the Australian brokers are ECN's. They are hybrid STP/MM with hedge at best.Ignored
Disliked{quote} Not true Forexia. Think about why a regulatory body would require a broker to say they take exposure on your trade? What if something goes wrong and you need to make a complaint to the said regulatory body about them? Do you want them to wash their hands of the issue? Of course not. It's simply semantics to protect the trader in the case of something going wrong and has nothing to do with the way an ECN broker processes orders. The bigger Australian brokers run an ECN model. Something I know from experience. In retail FX, you aren't going...Ignored
Disliked{quote} Forget about ActivTrades. They are a pure market maker broker which means they trade against you and you will only profit if they lose and of course they will NOT lose so you will NOT profit when you trade with them. FXPro and GlobalPrime are the same. They are both what's called STP brokers that act as ECN brokers when you trade large sizes and/or are consistently profitable and act as a market maker to you if you trade small size and are not that profitable. Considering you are going to deposit $500, chances are they will act as market...Ignored
Disliked{quote} I agree with you. I always loved ECN platforms over market makers. Also spreads seems better with ECN accounts. I would go with FXpro as well!Ignored