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help needed

Discussion in 'Beginners Bootcamp' started by oliver1, Jun 12, 2009.

  1. oliver1

    oliver1 Recruit

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    :) hello
    i need a broker serious whith a spread lower than 1 or equal to 1 somebody knows works whith so a broker please tell me

    i find some companys but i need information abouth them are scamers or seriously people

    fxpro
    investtechfx
    almaforex
    fxcm
    advancedmarket
    prime4x
    odls

    i open a demo by forexclub and they no answer my complains they have 0 spread , a .4 $ comison every 1000$ so in the demo i see a charge every trade from 100$ so i make wins but the comision bring me in red zone all the time
    this company no answer my email so its a bad service and worry abouth this terible feeeee
    you must make over 100$ profit to be in +++ that is not funny platform!!

    tell me you opinion
    thanks
     
  2. Nancy Cheah

    Nancy Cheah Sergeant

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    How about Dukascopy?

    I've read their website as well as I've also tried and tested out with their demo.

    Looks good to me but I'm still hoping to secure more extensive details and information about them from other members of this forum.
     
    #2 Nancy Cheah, Jun 13, 2009
    Last edited: Sep 5, 2011
  3. snowmaize

    snowmaize Recruit

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    this is what you need to know

    i think you need to use apari and one other thing is that u needto look for a good tool because all the indicator in all the brokers system are lagging behind u make a forex system or signa provider darkosy i have not use it but it is from swissland and it belong to forex peace army
     
  4. Pharaoh

    Pharaoh Colonel

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    Definitely check the reviews here at the FPA. I see Alma Forex has a complaint currently being checked on, so I'd say hold off risking any money with them until more info is available.

    You need to be more specific on a couple of brokers.

    Fx-Pro and FxPro are two different companies.

    If by "Advanced Markets", you mean Advanced Currency Markets (ACM), they got raided by the police and are in the middle of a HUGE legal dispute:

    http://www.forexpeacearmy.com/forex-forum/forex-articles/4436-broker-responds-police-raid.html

    ACM also created a bunch of fake accounts in the FPA forums pretending to be happy customers. After that demonstration of their corporate ethics, I wouldn't even consider opening an account with them no matter how good anyone claims they are.

    http://www.forexpeacearmy.com/forex...brokers-fake-publicity-blitz-fpas-forums.html

    Spend some time and effort checking any broker you are thinking of placing money with. Avoid any broker with significant complaints about withdrawal issues. Other complaints need to be examined in light of your planned trading. If a number of people complain that a broker doesn't allow news trading and you don't plan to trade news events, then you can ignore those complaints.
     
  5. oliver1

    oliver1 Recruit

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    i mean fxpro , advancedmarket not acm!!


    on what page site is to check securely all brokers to be not cheated ??

    any recomendation for low pip broker and minimun deposit ?

    thanks to answer me
     
  6. fxfrench

    fxfrench FXOpen AU Representative

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    Hello Oliver. What you are after is an ECN broker where the spread will vary from 0.5 pips and up depending on available liquidity. You may even get a negative spread at times!!

    Bear in mind that you will need upwards of $10,000 to trade safely on an ECN platform as the minimum amount accepted by a true ECN market is 1.00 standard lots or 100,000 of the base currency of the pair you are trading.

    Keep in mind that any broker claiming to offer less than 1.00 on an ECN is either a mixed dealing desk market maker/ECN or just a glorified bucketshop.
     
  7. Pharaoh

    Pharaoh Colonel

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    Oh good. Advanced Markets (AMIFX) at least hasn't tried to mess with the FPA forums. Also, FxPro (EuroOrient) is far better rated than Fx-Pro.

    The place to start doing research is the broker review section right here at the FPA:

    Forex Currency Trading Broker Reviews By Forex Traders

    I spent a long time searching for my first broker. I took my personal method of narrowing the list and wrote it up as an article. You can read it here:

    http://www.forexpeacearmy.com/forex-forum/forex-basics-boot-camp/2333-how-select-forex-broker.html

    The basic idea is to create a list of items you MUST have with a broker and a second list of items you would LIKE to have. Then the article goes through how to narrow down the list as quickly as possible.
     
  8. Nancy Cheah

    Nancy Cheah Sergeant

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    Does anyone here have any kind of information in regards to Dukascopy?
     
    #8 Nancy Cheah, Jun 14, 2009
    Last edited: Sep 5, 2011

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