Quote from Strunz:
Dear AlderNY ,
I have read your old posts where you tell aboute your problems with CMC (also about your money restitution).
What exactly happens ?
I have read on CMC advertising on internet : "Normal deal execution time is two seconds. For execution only, which means you make the buying and selling decisions".
Sure I have more trust in you that in their advertising :!
But on others forum others CMC customers write that they have instantaneous execution.
Perhaps are you a scalper and they put you in manual execution becouse you had scalped their ?
Strunz, noâ¦itâs not a case, Iâm not a scalper. Forex is not a market where trader can do scalping....IMHO of course.
Second, usually endless discussions about fx brokers are a newbieâs business. -) They believe the key of success is there -)
I opened my account with CMC last year without doing the proper research, and only based on my previous relationship with them.
If I could be in the market for new forex broker right now and read what other traders said about CMC, they would drop from the list of my potential broker immediately. After reading all the info you still considering them as you new broker I have nothing further to add.
Here is my professional advice to you or someone whoâs looking to trade Forex.
If you are planning to trade majors, then Globex the only choice.
If you have small amount of money up to 10G's and want to practice with a live account - then I would go:
1)Oanda
2)RefcoFX.
If you have 10k -20k plus, try SAXO. They are really good. They care about customers, great trading platform, etc.
If you have 50k-100k+ - go to Refco forex desk. They are well capitalized and very professional.
Good luck.
