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Best Broker Advice

Discussion in 'Beginners Bootcamp' started by walkup, Jan 5, 2008.

  1. walkup

    walkup Recruit

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    hello and happy to be here! :cool:
    ...most all brokers seem to be damned one way or another except those with limited feedback, so which are the best 3?
     
  2. Pharaoh

    Pharaoh Colonel

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    It kind of depends.

    Do you like to scalp? Many brokers don't allow it. (MBT/EFX does allow it)

    Do you want Metatrader? (MBT - no MetaTrader, EFX is creating their own interface that will be similar)

    Do you want a broker based in your own country, or is overseas ok?

    Do you want Minilots/Microlots/Nanolots? Some brokers have them, some don't.

    Do you use close stoplosses? Some brokers hunt stops, and close ones are easy targets.

    I'm sure there are dozens of other factors to consider when selecting a brokerage. Unfortunately, there is no perfect brokerage out there (although I hear rumors of some pushing in the correct direction).
     

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