Recent content by kwalta

Any new developments here - more than a year later? Is anyone prop-trading for them? Are they now using other brokers?

Anything new here? Has anyone been hired?

You might want to check out Dukascopy or Divisa.

Try this: http://www.stockbrokers.com/2011-forex-review.html Good luck!

Here's a transcript posted at another forum by a frustrared Oanda customer: Chat start time Sep 26, 2011 1:57:21 AM EST Chat end time Sep 26, 2011 2:27:30 AM EST Duration (actual chatting time) 00:30:08 Operator OANDA Chat Transcript info: Please wait for an agent to respond. info: Thanks...

Like any broker, Oanda has its plus and minus points. You'll have to try them out live to decide for yourself whether or not they're right for you.

I think most market-making brokers, including Oanda, resort to disconnects as a way to "protect" themselves at the expense of their clients. What's worse about Oanda is that when this happens, there is nothing you could do to close an open position except wait to get reconnected to the...

4xprop, I'm sure you're aware of the $2m fine imposed by the NFA on FXCM just last week. I hope this hastens up your search for other, better, brokers to partner with for prop trading.

I, for one, am awaiting the announcement of alternative brokers we could trade with to qualify as remote traders for 4xprop. Have you given a thought to working with GoMarkets? I currently use them and I could say I am quite satisfied with the tight spreads and high leverage they provide.

Nearly four months since 4xprop first posted and still no word? Could it be either of these: 1) Nobody has made the cut? 2) Nobody took the bait (that is, it's a marketing ploy by FXCM) in the first place? Other theories? Let's hear them....

Will some kind of training be provided? If not, why not scout around for a prop firm that does not require you to cough up a fee for joining?

That's not a problem for me (they'd give me capital so I won't be risking my own, which is a fair enough deal IMO). Btw, can anyone tell me why high frequency trading (HFT) is in vogue at most trading firms? It's not enough to day-trade; you have to make lots of trades!

You might want to do a search for the thread on Pulsar Capital in this board. Also check out the trade2win forum where someone posted a link listing prop firms.

I understand (from posts at another board) that they use Interactive Brokers although I'm not sure which particular platform. I'm actually leaning toward Pulsar at this point even though my trading experience has been confined to spot forex and I'd have to make adjustments in order to shift...

Yes, but you have to participate in an evaluation program for 8-10 weeks where you open a live account with FXCM. The things that give me pause are that they want "active traders" (aka scalpers) and that FXCM is their broker of choice.