we often talk bucketshops like FXCM, How about a real good FX broker for a change

Quote from Offer:

I don't have a dog in this fight - just wanna put something out there

I never traded with FXCM - if you go and read reviews about FXCM you'll find plenty complaints some of them serious. I'll stick with Interactive Brokers thank you very much :)
More...

I think FXCM's association with Refco put me off ever trading with them, they both played some blatantly dirty tricks.

IB have some technical issues and their trading platform isn't that user-friendly for an FX trader but I can't remember reading the types of complaints FXCM gets from traders.

If it was a toss up between IB and FXCM then IB would win hands down in my opinion.
 
Quote from cabletrader:



If it was a toss up between IB and FXCM then IB would win hands down in my opinion.
More...

currency trading is divided into brokers for rich doing 100 k trades, also called ECN brokers

and broker for the poor trading micro lots 1 k or so
Brokers serving the poor run on different rules AKA no rules
 
I use MB Trading for over a yr now to trade gbp/usd and eur/usd pairs.............very little slippage, ECN non dealing desk. They are rated one of the top forex brokers. Plus they offer meta4 if thats your platform of choice(I use their house platform for orders along with quotetracker for charts).

You can trade micro lots with them too if you starting out with small initial balance of around $500.

If they werent around, Id probably go with IB.

Anyone using FXCM deserves a good smack on the head !!
 
Quote from southbeach4me:



Anyone using FXCM deserves a good smack on the head !!
More...

most people on this board don't have a choice cause they can't afford 100 k trades

so they fall into fishing net bucketshops prepare, simple as that
 
Quote from southbeach4me:

IMF,

I started with $500 acct with MBT, trading microlots-10,000k !!
More...

if what you say is true that is not an ECN broker

real ECN broker allows no less than 100 k trades
for example IB, or DukasCopy
 
Quote from southbeach4me:

IMF...

your obviously not well informed !! Read their intro on forex on their site you bafoon !

http://www.mbtrading.com/forex.aspx

and check this link !!
http://www.compareforexbrokers.com/Details/MB-Trading-Futures-Inc.html


Jesus! ... the amount of ignorance on this site!!....:confused:

I guess we all know who deserves the first smack on the head now!.....don't we ? :mad:
More...

give me a day to find all out, I will even phone them and inquire

if I am wrong, I will smack myself on the head, smack will be semi-hard
if I am correct you will need to smack yourself
 
ok I have to admit they look and sound exactly like a true ECN should

charging commission, instead of screwing with the spread

-- allowing scalping etc

but how can I verify
this is what their person told me


"Since there is no central marketplace for forex, there is no website/regulatory group similar to that of securities for you to verify. The only thing I can suggest is to perhaps try out our demo so you can experience the ECN technology yourself to see the differences between deal desk methodologies and our model."
 
consider this
this is very iffy

IB can open account anywhere

why does MB trading have these problems particularly what is wrong with Canada

attachment.php
 

Attachments

You must log in or register to reply here.
Back
Top