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I would agree with the NO FXCM for sure. About 4 years ago I opened 3 separete accounts with FXCM. The plan was to be able to hedge, use different systems, etc... I ended up using one system in all 3 accounts for awhile. It was doing very well. ( short swing breakouts ) So after entering the positions ( one for each account ), I would set the same stop and limit for each trade. I started having different results in each account..?! Some accounts would get stopped while others wouldn't, etc... They would always put the blame on me, saying " it must be on your pc". Now I ask you fellow traders: If a price level is only reached in 2 out of 3 accounts ( I wasn't news trading ) then how is that my pc..? Price range should be absolute. If I see 56 bid in one account, then all 3 should see 56 bid. Anyhoo, they might not play these games anymore, but just the fact that they once did is enough to make me want to black list them forever...
InterbankFX is bad news too. I use to work there, enough said... Check my threads here...
I used to really like Oanda, but they started the spread widening to get rid of news traders ( which I completely understand ), but it made it hard to continue using them...
I still haven't been screwed by rfxt.com or dukascopy.com, so those would be my only recommendations, however, I just opened a Gain Capital account and will let ya know...
Last edited by riffster; 07-03-2007 at 03:59 PM.
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