I am currently using MT4 for my charts but placing my orders with Forex.com. Is there a broker that people like best? This may be a very general question, but I do not understand much about this stuff yet.
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DislikedI am currently using MT4 for my charts but placing my orders with Forex.com. Is there a broker that people like best? This may be a very general question, but I do not understand much about this stuff yet.Ignored
DislikedI am currently using MT4 for my charts but placing my orders with Forex.com. Is there a broker that people like best? This may be a very general question, but I do not understand much about this stuff yet.Ignored
DislikedI was with Forex.com at one stage and now moved on to better broker. If you are new to this whole thing then I would recommend not to bother too much with trying to get everything right at the same time.
What I am trying to say that try to learn how to make money from the market and then look for better broker and charts to squeeze a bit more.
When looking for broker think about:
1. Spreads
2. Charting they provide.
3. Pairs offered for trading
4. Re-quotes if any.
Once you shortlisted the brokers from above then do finer analysis by:
1. Leverage
2. Account in multiple currencies.
3. Physical Location of broker
Once you have come down to 2 or 3 broker then hit the forums to look for what existing customers are saying about their service.
Hope this helpsIgnored
DislikedSome decent suggestions, but I think a good broker is essential to success in forex trading; it's not just a matter of "squeezing a bit more" in my opinion. I almost lost $25,000 having my money at a bucketshop broker (Tradex), and was very fortunate to get my money out just before they went under.
I'd super strongly recommend you stay away from any bucketshop broker, but if you want to use MT4 as a trading platform, unfortunately that's what you're going to get. FYI if you don't know, bucketshops trade against your positions, are often crooked or at least unethical, and are a dying breed in my opinion. You want an "ECN" (electronic communications network) broker. I actually do use MT4 for charts and custom indicators, but use Currenex as a trading platform (which is great).
As for what broker, I suggest you Google "forex broker reviews" and you'll get the right websites. I'd post the link here, but I'll probably get a posting infraction.
Best wishes!Ignored
DislikedHi TC,
I agree with you. A lot of people have lost money because of shady brokers. It is very important to be aware of such brokers.
Forex.com (Gain Capital) is probably not the best one out there but I don't think they will run away with your money.
CheersIgnored
DislikedI am currently using MT4 for my charts but placing my orders with Forex.com. Is there a broker that people like best? This may be a very general question, but I do not understand much about this stuff yet.Ignored
DislikedI too am searching for BIG BROKER (one not likely to go under) that people have had good success with - not alot of slippage, etc.. THAT HAS A PIP BY PIP TRAILING STOP AFTER THE INITIAL MOVE OF THE STOP!
ANYONE help out with this? My MT4 broker trailing stop doesn't hold if my internet goes down!! This is a problem too.
IF YOU KNOW OF onE, I would greatly appreciate a reply!
HAPPIEST AND PIP-FILLED NEW YEAR to you all!Ignored
DislikedIf you are scared of FXDD, which there is no reason to be, you might as well wait a month for GAIN and FXCM to adopt the MT4 platform.Ignored
DislikedAs I've said before (I believe on FF), FXCM promised me to have MT4 within 90 days in... January of 07. A higher up also promised it to me by Nov, 4th. I'm not saying they'll never get it, but I wouldn't hold my breath. Besides, they are probably taking so long because they can't figure out how to make it screw the trader as much as their current platform.
.Ignored
DislikedHello, can someone recomend me a good MT4 broker to start with 10K please?Ignored
DislikedI like MT4 platform very much, but I do not like FXCM at all!
I am thinking to invest parts in different brokers to test for several months.Ignored
DislikedI like MT4 platform very much, but I do not like FXCM at all!
I am thinking to invest parts in different brokers to test for several months.Ignored