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Can you recommend a broker?

John Dziegiel

Recruit
Messages
7
Can anyone recommend a broker that...

is Regulated,
allows Credit card funding,
and permits you to Withdraw funds by writing a check?

(If not all 3, then regulated and allows credit card funding)

Thanks,
 
um...erm...some will let you withdraw with just an internet form...as long as it's in your name...
Unless you're looking to launder money, or have a spastically currupt gov't, I don't really see the value of a check anyways.
 
The advantage of getting withdrawals by check is that the fees are typically minimal to none.

A lot of brokers claim they don't charge wire transfer fees. Even when they don't lump something in on top, the banks do charge fees. If you are pulling out $5000, $35 or so isn't bad. If you are pulling out $50, $35 truly sucks.
 
Yeah, in Taiwan they HATE checks at the bank. Even if they're big fat ones.
They hit me for about $30 to deposit a check, and they get dinged at the other side too...that's why I was saying that I don't see the point in checks...
If you don't get hit for depositing a check, then that makes loads of sense instead of a wire.
Here, they look at you like you're from the stone age.
 
I noticed checks were pretty rare in China. I know in the USA, there are a number of brokers that will let you withdraw by check for free and so far none of the banks have gotten the nerve to start charging account holders for depositing reasonable quantities of checks every month - yet.

Sure, that first class envelop might take a couple of days to arrive, but so does a wire transfer. A check that gets lost should be simpler to straighten out than a wire ending up in the wrong place. As for Liberty Reserve and many other e-currencies, if one of those goes to the wrong place, good luck ever getting it back.

Once again, it comes down to the individual trader's circumstances. A US trader with a US brokerage (assuming we aren't de-margined to death by the CFTC) could save time, effort, and money by withdrawing by check. Sounds like some countries make using checks a lot less convenient than others.
 
I would recommend FXCM MicroAccount - not sure if CC funding but I know withdrawals are by check. I just finished a 90day test drive of their Micro and I now have one. Great for LowInvestment/beginner Forex Trader-IMO. It doesnt offer "live" telephone support but does offer Live Internet Chat support or email. Spreads are good(Eur/Usd average=1.5 GBP=1.8 and so on) I have even traded the GBP/USD(3 times now) at a negative Spread -.2 ( I had unrealized profit as soon as trade was accepted). I cant complain- and COMPLAINING is one thing I excel at! I am a die hard LowInvestment trader ( after 5 years I still wont deposit more than a couple thousand bucks at any one time) Instead I just "harvest profits when offered and refund when necessary. Good luck.
 
I would recommend FXCM MicroAccount - not sure if CC funding but I know withdrawals are by check. I just finished a 90day test drive of their Micro and I now have one. Great for LowInvestment/beginner Forex Trader-IMO. It doesnt offer "live" telephone support but does offer Live Internet Chat support or email. Spreads are good(Eur/Usd average=1.5 GBP=1.8 and so on) I have even traded the GBP/USD(3 times now) at a negative Spread -.2 ( I had unrealized profit as soon as trade was accepted). I cant complain- and COMPLAINING is one thing I excel at! I am a die hard LowInvestment trader ( after 5 years I still wont deposit more than a couple thousand bucks at any one time) Instead I just "harvest profits when offered and refund when necessary. Good luck.

ernest8fingers,
you have said that you have an EA that you use to trade. I was wondering if you are willing to share that EA with anyone?
 
here it is

ernest8fingers,
you have said that you have an EA that you use to trade. I was wondering if you are willing to share that EA with anyone?

fxprotrend.com - I dont advertise this software but do offer a "restricted" Demo version that is essentially the same as the "live" version. Just visit the website and download the Demo version and you can trade with that for as long as you like. The Demo will only trade the Eur/Usd pair and will not work on a "live" account. This way one doesnt have to Buy 1st and can try free w/o risk. If you have further questions on EA please use the email address on website. Thanks - Ernest
 
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