Recent content by aForexMinute

I didn't mean to spam. My only intention was to provide answers to the questions that keep being asked. I did reply to some within a thread- but no one else will see them. Look in the thread "Ducascopy" for Capital Gains risk statement- its one of the worse! My only goal is to protect...

I was just surprised to find out that so many of the brokers that people said were ECN really aren't. After reading all these contracts I can say with confidence: Only trade with an ECN broker. ALL others are no different than playing online poker. They control the platform- its not...

read this one carefully. They use tricky wording to distract the reader from what things refer to: Their Trade Platform is often referred to as their "On-line Facility" They say its for use only by it (?) and not a futures or securities exchange. (but is it a currency exchange?) even if it is...

These guys seem to be an ON exchange broker however the only counterparty is Capital Gain. There's a few questionable sections on the agreement. Important info is in BOLD text Decide for your self on this one. select sections were copied and pasted from on their website...

Here are the parts of the risk statement that expose the type of broker they are. BOLD text contains the important info. Off Exchange = on line video game that they wrote and control. You are playing against the programmers of this game. They have the ability to alter the program as you...

I spent the last 2 weeks researching brokers - trying to find which ones are real or not. What I found is that many of the big names mentioned as being real on this site are actually off exchange brokers. Off exchange broker means: you are trading on an on line video game that they wrote, and...

FXCM is a no desk ECN broker =on exchange trading = Forex Gain Capital is a MM broker = off-exchange trading = Online video game What they are is in their contract. yes people... Capital Gain is off-exchange as is: ACM, CMS, EASY FOREX, PFG on-exchange: Dukascopy, FXCM

I talked in length with a customer service rep. He said the following: 100k was enough to open an account with (I didn't ask what the minimum was - just if 100k was enough) You open an account by printing and filling out the forms they send you, have it notarized, and US only needs your...

Here's the link to the current financial requirements http://www.cftc.gov/ucm/groups/public/@financialdataforfcms/documents/file/fcmdata1109.pdf

I'm trying to find a good brokerage to trade with. I'm having a hard time finding ones that have good platforms. I like CMS's platform but don't like the account contract agreement. Seems like all the ones I like don't work with US citizens. I want what I think everyone wants- --a...