Which is better Broker, Alpari or Yadix ?

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PhilAb

I am new to the market trading and have signed up with a IB who gives his EA to trade. I will invest first time 5000 euro. My question is regarding to which broker I should choose and need help because I don’t know to much.

I have researched two broker that the IB is offering, they are Yadix and Alpari. From research, I read that Yadix is focusing on scalping, EAs and fast execution; they also have very good conditions like spreads 0.1 pips and high leverage with no restriction on my balance.

I also read about Alpari, they seem to be a bigger broker and look to be a very old broker. But I read mixed report on execution quality and the model that seems to be in conflict with the client.

I would be very happy if I can get some advises from experienced traders so I can make the right decision and start trading.

Any advices will make me happy, sorry for bad English.
 
Hi mate,
I am currently using not this 2, but a broker located onshore in Estonia and regulated with Ministry of Foreign Affairs Regulations. So it just let me feel safe if my money with them, if not, no matter how good was my trade also means nothing, right? Other than that, I am using their ECN account with 0 spreads on my favorite EUR/USD with a very fair broker commission. Their execution is almost instant and I don't have any experience on delayed before, so I believe it is good no matter for a scalper or swing trader especially to scalper, will gotten into frustrated if there are too many re-quotes.
 
fisrt of all, spread are common thing to consider while choosing broker, naturally lower the spread, the better it trading condition (for example scalping purpose ).
this where to compare many brokers based on spread
http://www.myfxbook.com/forex-broker-spreads
I include pic of Alpari spread, Lmax (where's it seem to be a good LP), and my current brokers Armada Markets
4c1Boq5.jpg

unfortunely i can find yadix are listed on myfxbook brokers comparison. one thing for sure spread are not the only thing to consider, personally i keep my account with AM brokers after having a test deposit for small amount (match their minimum deposit, I go with ecn account minimum 300), and after couple months observation thru test deposit account, i go with initial deposit i intend to.
my suggest is you should do the same when decide to put your account, 5000 usd at first attempt would be unwise, while fact you just read some others review written on the net, you have to experience by yourself. and then you got to made decision by your own point of view not based others review only.
 
Lubba, when you screen cap a spread comparison chart over the weekend, it's useless.

Review that table during the London / NYC session overlap during the next trade day to get an accurate idea of what spreads are like.
 
Jack_Larkin said:
Lubba, when you screen cap a spread comparison chart over the weekend, it's useless.
Review that table during the London / NYC session overlap during the next trade day to get an accurate idea of what spreads are like.
More...
just try to reply as soon as possible. i will update the table during market rush hour. perhaps i will put xauusd spread also, seem many traders affect on this pair lately. :)
 
well. here's latest spread comparison, during london/nyc session. i put additional xauusd/gold spread, as we all know gold recently at bear rally and many traders discuss and mostly go long to gain more pips. I also added additional armada markets account type, while I only have an account with ecn type.
NxBJQ27.jpg

is anyone here with alpari ecn, gold spread seems too big for me for an ecn type, need further clarification from someone had an account with them.
hope it helps.
 
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