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

[cabletrader]

Quote from IMF:

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

Things have changed a bit since those days, in fact it used to be 500k not that long ago!

Banks will take anything they can get nowadays, it's all business. Look at the number of banks getting into retail, RBS, Deutsche, Barclays......they saw the potential and the profit they were missing out on!

 

[cabletrader]

Quote from southbeach4me:



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

LOL

 

[college_trad3r]

Quote from cabletrader:

How about your fairyland exchange?

you tricked me cableguy!!

KARMA WILL GET U!!!

And those micro contract are only 1 week old

 

[cabletrader]

Quote from college_trad3r:



KARMA WILL GET U!!!

Well hell something's bound to, it may as well be karma!

Those micros are crap anyway, too expensive from what I've read, 8 ticks commission sheeesh.

I'm actually thinking of ditching this whole forex scene and getting into options, a few dozen contracts every couple of months it's like money for old rope

 

[davidmaria1]

Your karma may run over your dogma.
Old joke.

 

[cabletrader]

Quote from davidmaria1:

Your karma may run over your dogma.
Old joke.

LOLOL

I've not heard that one before, lol

 

[college_trad3r]

Quote from cabletrader:

Well hell something's bound to, it may as well be karma!

Those micros are crap anyway, too expensive from what I've read, 8 ticks commission sheeesh.

I'm actually thinking of ditching this whole forex scene and getting into options, a few dozen contracts every couple of months it's like money for old rope

PIPS not ticks cableguy

looks like you need to go back to school

 

[cabletrader]

Quote from college_trad3r:

PIPS not ticks cableguy

looks like you need to go back to school

Pips, ticks, it's all just money

 

[def]

Quote from IMF:

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

There's another option now for smaller trades - the e-micro futures on the CME. Perhaps worth a look.

http://www.cmegroup.com/trading/fx/fx/forex-e-micros.html

 

[dewton]

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

They are even recognized by Barrons as a TRUE ECN !!!

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

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

The forex exchange that MB Trading uses is 3D Forex. If you go to 3D Forex's web site, you will notice something quite interesting... this exchange is located at the SAME address as MB Trading! So I question if MB Trading really is a true ECN.