Broker recommendation for Sculpers?

fxchacott · Oct 23, 2011

Hi All,
I am a individual trader (scalper) in Japan and looking for a broker which meets my requirements. I have been trading FXDD/FxPro but looking for better ones.

Here's what I am looking for (in order of priority):
1. Rate transparency, direct access to market (no rate control by broker)
2. Tight spread. EUR/USD 0.9 to max 1.5 including commission. Fix preferred but not must.
3. Execution Speed
4. Low possibility for slipage
5. Minimum deposit, hopefully less than $1000 but open to $5000 if offered better service.
6. leverage: higher than 1:50

I use MT4 but open for other platforms. Any experience or recommendation are appreciated.

Thanks,
fxhacott

Surfeur · Oct 23, 2011

LMAX with MultiChart

fxchacott · Oct 24, 2011

Hi Sufeur,

Thanks for the recommendation. I have looked up LMAX but could you please share what your positive experiences with LMAX (with Multichart)?
Also, how is LMAX execution speed?

Thanks,
fxchacott

Quote from Surfeur:

LMAX with MultiChart

trader_phil · Oct 27, 2011

Hi fxchacott,

I've been trading with HotForex since early this year, and I can safely say that I'm pretty satisfied with the results, I recommend you give it a check, tight spreads and very decent bonuses. they cover most of what you are looking for or even all.

and best of luck my friend.

sanfo · Nov 14, 2011

I agree with trader_phil, actually I am using hotforex and strongly recommend this broker to you.
it seems they grow fast, providing good spread, and conveneint withdrawl. What i value most for them is their customer service after I compared several brokers in the past 2 years.

i think it can fulfull all your requirements.

trader_phil · Nov 15, 2011

Quote from sanfo:

I agree with trader_phil, actually I am using hotforex and strongly recommend this broker to you.
it seems they grow fast, providing good spread, and conveneint withdrawl. What i value most for them is their customer service after I compared several brokers in the past 2 years.

i think it can fulfull all your requirements.

hi sanfo
its nice to have a fellow trader from india..

sanfo · Nov 16, 2011

trader_phil,

haha, why do you think i come from india, does my name remind you of india?

actually i come from China.

I am really happy today since i earned 100pips today.

trader_phil · Nov 22, 2011

Quote from sanfo:

trader_phil,

haha, why do you think i come from india, does my name remind you of india?

actually i come from China.

I am really happy today since i earned 100pips today.

sorry man, my bad, I knew someone from india called sanfo I thought you were too

I'm from the philippines, not that far from china!

adel16 · Nov 24, 2011

Quote from sanfo:

trader_phil,

haha, why do you think i come from india, does my name remind you of india?

actually i come from China.

I am really happy today since i earned 100pips today.

yeah man you must be happy ! and you know this company is the best in Asia actually !! so enjoy trading with them !

adel16 · Nov 24, 2011

Quote from trader_phil:

hi sanfo
its nice to have a fellow trader from india..

guys I use hotforex too since 8 months and I have great profits
what do you think about trading metals with them? I have not tried it yet !