Is it better to switch brokers?

The website www.forexbrokerinc.com is operated by Gridley Enterprises SA., a company incorporated in the Republic of the Marshall Islands with registered address at Ajeltake Road, Ajeltake, Majuro, Marshall Islands and incorporation number 696l5.

They are not registered in the USA as far as I can tell.
 
AlgernonWallace said:
I have decided to withdraw the money from my account, anyone have any suggestions on a good broker ?
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Man that's a loaded question. "It depends" on your trading volume, API requirements, where you live, etc. If you're looking for MT4 then that really limits things.
If you're looking for another bucket shop then Oanda is probably the best of the bunch for reliability and transparency.

I'd have thought people would be crying their eyes out on message boards about your broker going down but there's nothing except your post.
 
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speedo said:
Get your money out...if you can.
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^^^ What he said.

If I were you I'd start pulling my ca$h out of the account; or at the very least, reduce the amount by 50%.

I wouldn't hit the panic button, and withdraw a huge lump sum, I'd pull out 8-12% today, then another 8-12% tomorrow... bleed it dry over the next week or so.
 
I'm just trying out Oanda as I've been having a lot of slippage on my current broker. They offer spread betting accounts for UK customers so tax free and mt4 too as I code all my own trade management ea's and other useful indicators. The only thing I don't like so far is the position sizing. 0.1 is £8.60 a point on the Dax. With most spread bet brokers you can just say £10 a point and be done with it. I'm sure I will get used to it. They do have a good reputation.
 
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