Forex Brokers

Quote from csaunders:

To get a better view add the following:

GFT
Refco
Hotspot
Saxobank
GFT: I trained on GFT - they have among the top training charts in the world! Highly reccommended to do your training with. I later shifted over and completed my training with OANDA.

Refco: If you cannot say anything good say nothing at all. Mums the word on this one.

Hotspot: No experience with them.

Saxobank: very solid platform. Did some demo trading. May open an account with them someday should I accumulate enough money.

Sam
 
Quote from nycderivtrader:

I must say that I am enjoying trading/scalping the EUR/USD- I have focused on this particular pair, rather than trying to become accustomed to many in the short term. So far I have done moderately well- haven't really risked much, though.

I am using the Oanda demo platform, but will most likely not use them, even given the 2 pip spread. I am starting a poll to see what others are actually using and go from there-

In my recent Traders' magazine (www.traders-mag.com), there is a list of forex brokers with their spreads, currencies, commission and account min etc..... Great info here. Unfortunately, OANDA is not in the list, which increases my suspicion about the firm.

Anyway, here we go- have a vote....

Suspicion???
 
yes but a little bit different
all the flows are going through synthesis bank
so we are the market maker
and your credit risk is synthesis bank
 
Quote from arbre:

yes but a little bit different
all the flows are going through synthesis bank
so we are the market maker
and your credit risk is synthesis bank

Credit risk? Why should it be better than Saxo? As a Swiss bank I suppose you don't have any customer protection (to get your money back) like they have in EU?
 
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