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so what ECN/STP brokers compatible with MT4 ?
- Thread starter saj1011
- Start date
f-man
4Xangels Representative
- Messages
- 744
Well actually EVERY broker does that, because EVERY Broker is other Forex market participant
Look at this list for example:
ECN brokers list | ECN/STP Forex brokers
Some of them are ECN, but definitely not STP, so ECN alone is dangerous.
Read, Study and be very suspicious!
Read this thread:
https://www.forexpeacearmy.com/fore...boot-camp/2333-how-select-forex-broker-5.html
Before you decide about the broker of your choice, search the internet for a couple of hours looking for complains from traders concerning the specific broker!
Don't invest your entire capital at once. Start small and grow. I would suggest that you diversify your risk, by setting up accounts with more than one broker.
FXCC
FXCC Representative
- Messages
- 22
I would add one more small proviso:
A winning trade does not a trader make.
Forex trading is a long-term proposition but some traders kind of lose sight of that. It's about the return on the investment, not the beauty of the trade.
A common mistake I see is newbie traders who start out with a very conservative strategy. They make a couple of winning trades and figure they've cracked it. They ramp up their trades and their money and risk management go out of the window with predictable results.
Check what people are saying about the various forex brokers out there, ourselves included. Find a broker that fits with YOUR needs and requirements. It's YOUR money after all.
