Honest Broker Offering Min 100:1 leverage?

achilles28 · Feb 26, 2006

Oanda was my first pick but leverage is too low.

I'm not a newb so the lectures on +leverage = +risk are unnecessary and untrue.

What I need from a retail broker:

a) min 100:1 leverage

b) honest (no/little requotes, no price shading/stop gunning, CFTC registered, preferably North American based)

c) low spreads

d) low min account balance.

I'm considering fxsol and interbankfx.

I've heard too many horror stories about FXCM.

Can anyone point me in the right direction?

Moe27 · Feb 26, 2006

im making mad money with interbankfx they are my top choice. you can also try fxdd. ive traded with 3 other retail broker with the same system im using now but for some strange reason did not make as much. you gotta be careful when you pick a retail broker there's a lot of tricks out there.

hypostomus · Feb 26, 2006

Honest FX broker is an oxymoron. And you can drop the oxy for yourself.

achilles28 · Feb 26, 2006

Funny. Most of the broker request threads get inundated with total newbies praising their favorite bucketshop.

It would be nice to hear from some veteran et members.

honest fx broker = oxymoron.

This can't be all true. Can it?

sccz97 · Feb 27, 2006

Quote from Moe27:

im making mad money with interbankfx they are my top choice. you can also try fxdd. ive traded with 3 other retail broker with the same system im using now but for some strange reason did not make as much. you gotta be careful when you pick a retail broker there's a lot of tricks out there.

I made mad money with ibfx as well ... but they're far from honest

Moe27 · Feb 27, 2006

Quote from sccz97:

I made mad money with ibfx as well ... but they're far from honest

i never had a problem with them if you have a story to tell then you should post it here.

rhymeswithorang · Feb 27, 2006

I made mad money from IBFX to, I turned $100 into $100 million in 11-months, Soros, eat my dust. Bawahahahahahahahaha

sccz97 · Feb 27, 2006

Quote from Moe27:

i never had a problem with them if you have a story to tell then you should post it here.

I'f you're making mad money off them it sohudln't matter ... keep trading with them

Moe27 · Feb 27, 2006

Quote from sccz97:

I'f you're making mad money off them it sohudln't matter ... keep trading with them

i agree. if you don't like bucketshops you can always trade with ecn brokers i also have a account with one.

achilles28 · Feb 27, 2006

Quote from sccz97:

I made mad money with ibfx as well ... but they're far from honest

Thanks for posting. Can you elaborate on their dishonesty?

Also, can i ask your trading style?

I'd appreciate it.