So, are there any brokers anyone likes?

Timmi

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And I Still Can't Find The Best and Fit For Me as Scalper .. :rolleyes:
Any Suggested Friend ? :confused:
I have very good experience using ThinkForex for scalping. Execution is instant, and I have not experienced slippage.
However, if they are unable to fill an order during very high volatility, I have experienced a day ago several orders not going through, instead of them being filled at a rate completely different from what was intended.
They are regulated, have tight spreads, and offer cTrader (as well as MT4, but I recommend MT5 which they do not offer)
cTrader is by far the most practical platform to use for scalping:
in addition to one-click trading, it offers shortcut one-click buttons to reverse or double-up your orders which is very useful in any scalping scenario. there are many time-saving features, to allow you to focus on trading, and not fussing with the software.
note that if you are using a laptop with touchpad as I am, you can also set the one-click trading to require 2 successive clicks, to avoid activating a trade unintentinonally when briefly moving over the buy or sell button. (required for me)

cTrader is probably the easiest to learn trading software that exists, and they are constantly refining it through improvements and adding convenient features. the only improvement that I would like to see, is to be able to set trailing stops in advance, when placing a limit order, rather than waiting for the position to be open.
 
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Timmi

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Choosing a MetaTrader 5 Broker , spreads

MetaTrader 5 - or reasons to demand MT5 from your broker
I have uncovered the following brokers for you to check out, that, as of March 24, 2014, seem to be offering MT5.
Of course, check the spreads, try the demo, make only the minimum deposit to get an idea of slippage, lag and order execution delays, and of course, check where they are regulated.
It is the wee hours of the morning here. I sampled the spreads on our MT5 brokers on the pairs that they all commonly support.

The first number is PAIRs only, the second is with METALS. So obviously, if you want to trade metals, you can throw a bunch out the window.

26 MR 2014 00:01
Sensus Capital Markets...... 68.....120..... EU based and regulated, NY server, minimum deposit of $1000
ActivTrades Advantage.....111.....144..... UK, FCA regulated, London datacentre, minimum deposit of $250
Admiral Markets...............149.....184..... Caution: myfxboon.com/forex-broker-spreads does not disclose for which of their many accounts the spreads are quoted. minimum deposit $1000
Exness ECN..................... 61.....944..... small liquidity providers - best rates, but execution times and slippage need to be verified.
ForexTime ECN................. 94.....664..... appears to be out of Nigeria (indicates 4 offices there), regulated in Cyprus
MIG Bank........................122.....582..... small Swiss bank
RoboForex ECN................. 98.....902..... Cyprus
RoboForex Pro.................. 98.....399..... Cyprus
Vantage FX Standard........101.....151..... chat agent was unable to tell me if they had an MT5 account (answering that MT5 was a platform, not an account type, but couldn't tell me if they had an account that is MT5 based). they are an introducing broker for MTX who holds the license (according to their website. but MTX does not offer MT5 at this time)

Following my concerns for liquidity, my curiosity led me to check the volume by broker on the myfxbook platborm, for some major pairs, and others I thought might be trading during the asian session. Note that this is a snapshot in time taken at about 01:30 UTC-4, and does not include some MT4 brokers that have higher numbers. Most are more representative of the average, but none of the highest.
broker volume at 26mr 0130.jpg


If anyone wants my original data, derived from myfxbook.com 's realtime data, here is the data dump:
EUR/AUD AUD/CAD AUD/JPY AUD/NZD AUD/USD CAD/JPY EUR/CAD CHF/JPY AUD/CHF CAD/CHF EUR/USD GBP/USD GBP/JPY EUR/JPY EUR/CHF EUR/GBP EUR/NZD GBP/CAD GBP/CHF GBP/AUD USD/JPY USD/CAD NZD/JPY NZD/USD USD/CHF USD/SEK XAG/USD XAU/USD
Sensus Capital Markets 68 120 2.15 2.37 1.48 2.42 1.36 2.18 2.17 2.28 1.55 3.45 1.26 1.26 1.68 1.28 1.15 0.98 3.22 3.37 2.05 2.25 1.28 1.37 2.38 1.16 1.45 20.15 5.86 45.96
ActivTrades Advantage 111 144 3.6 3.8 2.7 5.5 1.2 2.8 3.6 2.7 3.5 3.9 0.8 1.6 2.4 1.6 1.4 1.6 7.8 3.8 4.1 4.1 0.8 1.6 4.6 2 1.5 38.3 2.3 30
Admiral Markets 149 184 2.84 2.55 2.01 3.47 1.6 2.11 3.35 2.51 2.45 7.35 1 1.5 2.11 1.81 2.35 1.34 4.97 4.35 3.55 3.24 1.41 1.55 2.81 1.8 2.05 82.56 2 33.1
Exness ECN 61 944 1.75 1.21 0.87 2.13 0.56 1.67 1.57 1.25 1.31 1.69 0.89 1.43 2.15 1.51 1.41 0.42 3.5 2.42 0.73 3 0.61 0.76 1.94 1.33 1.14 23.5 25 858.54
ForexTime ECN 94 664 2.9 3.01 2.28 3.33 1.37 1.36 2.62 2.26 2.12 2.39 1.45 2.46 3.18 1.87 1.49 1.53 5.34 3.44 3.48 3.72 1.11 1.65 2.65 1.64 1.35 34.36 13 556.24
MIG Bank 122 582 4 5 4 6 1.9 4 4 4 3 4 1 1.5 6.9 1.7 2.1 0.9 9 4 6 4 0.8 3.2 4 4 1.6 31 407 53
RoboForex ECN 98 902 3.34 2.2 1.76 2.82 1.45 1.66 2.76 2.24 2.1 2.28 1.18 1.51 2.43 1.69 2.1 1.41 4.39 4.2 3.22 3.28 1.1 1.35 2.43 1.82 1.93 41.14 143.8 660.41
RoboForex Pro 98 399 3.5 2.8 2.1 3.2 1.9 1.8 3 2.6 2.6 2.8 1.1 2 2.6 1.6 2.5 1.6 4.8 4.5 3.7 3.6 1.4 1.8 2.8 1.4 2.3 34 234 67
Vantage FX Standard 101 151 2.3 2.5 2.6 3.4 2 1.8 2 3 3.2 2 1.8 2.5 2.8 2.2 2.1 2.4 5.6 3.3 3.5 2.9 1.6 2.3 4.4 2.9 2.3 33.5 4 46

Obtained at around midnight March 25-26 EST (UTC-4, March 26 00:01approximately)
 
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Xandra123

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This thread has been helpful to me as a first step towards binary options trading. I will proceed to the other threads to know more before I signup with a broker or trading platform that has a good name. I was actually reading the comments before I logged in. Thanks v much.
 

Xandra123

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Hi, I've been trading for about 3 months. The broker that I am trading with is called Option Orbit. As a new trader, I have made profits and losses, but this broker has been fair with me. I'm satisfied with their their platform, trading room, deposit and withdrawal policies as well as their customer support services.
 

RahmanSL

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2,536
So, are there any brokers anyone likes?

Well, there was this one time when I was in the Philippines and a broker introduce me to some very nice & cute company which turn out to be one of the best time of my life :cool:
 

BO-guy

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I've been trading with Option Orbit and I haven't encountered any problem so far. I particularly like their supportive customer service team. Just sharing a thought. Thanks.
 

binary-explorer

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Hi, I've been trading for about 3 months. The broker that I am trading with is called Option Orbit. As a new trader, I have made profits and losses, but this broker has been fair with me. I'm satisfied with their their platform, trading room, deposit and withdrawal policies as well as their customer support services.
Just curious, what's with Option Orbit, Xandra?
 
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