Hi all,
I am one of Intertrader clients, ex-clients, not using them anymore. Basically they stopped me by requoting my attempts to enter the market, sometimes to the tune of 11 requotes per one fill. This is unacceptable for daytraders. It happened after a string of profitable months with them. I contacted them by email asking what was going on : they said that I 'click on invalid prices'. I don't know how the prices I get from a broker are invalid; well, by being requoted I am made aware that it is so. They are invalid 90% of the time. Then they advised me to switch to Intertrader Direct, 'as it is more professional' ( or away from UK regulations). It was a while ago. Now they say that Intertrader is going away from LCG, so I am advised to switch to Intertrader Direct...
I am sour on all CFD, forex and spread betting brokers. In May 2016 I have started to get trader's referral and requotes at another broker. That's it. I am going to open an emini futures account in the US. Now the cost of a round turn equals to one pip in emini Dow - with the possibility to sell at the ask and buy at the bid, is it more expensive than 1 pip spread? Every time you enter the market with one pip spread, you're one pip in the red right off the bat. Those bucket shops will never offer you the possibility to place a trade at the bid or ask. Those 'brokers' will tolerate : losing clients (all brokers) and long term traders (some of them). Winning daytraders don't stand a chance.