Best Alternative FX broker for UK / none USA,

[Turveyd]

As FXCM is sadly having issues I like FXCM but needs must.


Not saying I'm going to jump ship, but would like to no options and sure others in the same boat as me.


Opinions please!

 

[Spectre2007]

IB is shaping up to be a excellent, FCM ..RFED.

 

[CALLumbus]

Dukascopy, Activtrades, IG markets, Oanda, IC markets

 

[Spectre2007]

IB is shaping up to be a excellent, FCM ..RFED.

TD Ameritrade uses Gain as liquidity provider. Plus not able to auto trade through TD.. so heading to IB.. going to work on understanding Excel API link.

 

[Turveyd]

IB is 10k min opening I believe too rich for me.

Any experience of the others ?

 

[stevegee58]

Is this only for Forex?
Do you need MetaTrader for autotrading? That limits your choices right there. IB is out.
Oanda has MetaTrader support in addition to their own API. They're also said to be "the best of the bucket shops".

 

[Spectre2007]

IB is 10k min opening I believe too rich for me.

Any experience of the others ?

Oanda been around for awhile.. I've heard horror stories about small shops not turning over profits. Like a casino they will argue you were cheating in some way. I know of someone who made 7 figures, and had to fight to get some of the money out, I think still in courts. He rigged a c# news trading algo.

Migrated to larger liquidity providers.

 

[Turveyd]

Do you need MetaTrader for autotrading? That limits your choices right there. IB is out.
Oanda has MetaTrader support in addition to their own API. They're also said to be "the best of the bucket shops".

Hate metatrader to trade off so no.

But i do need a descent Ipad and Android app to trade via.

I liked the TradeInteceptor app via fxcm but they stopped supporting fxcm and went on there own, alledgely from hacking which sounds like BS and puts me off, great charting app though

 

[Turveyd]

Oanda been around for awhile.. I've heard horror stories about small shops not turning over profits. Like a casino they will argue you were cheating in some way. I know of someone who made 7 figures, and had to fight to get some of the money out, I think still in courts. He rigged a c# news trading algo.

Migrated to larger liquidity providers.

Which is the issue, they either stop your trades or hold onto your profits, so only losers.


Think I'm stuck with fxcm till i can afford IB.

 

[stevegee58]

Oanda's trading app is actually pretty nice. Easy to use, easy on the eyes. Reasonable charting. It's Java-based so it runs on anything. They also have a mobile app for phones. Their app is lightweight as opposed to the apps from IB and TOS.

Regarding horror stories, Oanda has not perpetrated the "not paying" scams that other brokers have done. (i.e. "Hey I made a profit but they won't let me have the money")