I have a question as well
1-what if the broker I am dealing with doesn't offer 0.01 lots and he only offers 0.1 Lot
2- The broker I am using offer 1:100 leverage only on mini account, is that a problem ?

1000$ is ok but what are the account conditions :
1- Mini, standard ?
2- Leverage ?
3- Lots size ?

What if we don't want to use Fastbrokersfx or rfxt ?

Let me make myself useful and try to answer some questions:

Family Guy, if I understand the concept correctly, this is a beta test on a live account, so the smaller the lot size the better. Aleccoh indicated that the lot size would be a nano lot (0.01 of a minilot). By using a larger lot size you would risk more and remember that this is a beta test. Account type would be mini, standard accounts don't provide nano lots, usually.

You could use other brokers I assume, as long as they provide the MT4 platform and offer nano lots.

ppplaci, MBTrading does not interface with the MT4 platform so you would not be able to use the receiver EA that is going to be provided. Also, as far as I know MBTrading doesn't offer lots smaller than minilots.

Whoo howw howw howw aleccoh bulldozer 2.16 is comming to town ..............

hi all

In response to the huge amount of mails and PM's my team is receiving concerning my choice of Broker : Fastbrokersfx , asking me and my team if they are reliable, are the funds secure, do they have any problems, how old are they in the market etc...

I'd like to make a few points clear

First : I don't own Fastbrokersfx and am not affiliated with them in any way and dont intend to buy them out or to become there partner in any kind or form

Second : I came in contact with them thru some customers of mine who are senior members on this forum and that advised me to get in touch with them after the problem i encountered with the last broker i dealt with.

Third : I spoke with the owners and accounts executives on the phone and was reassured by the human contact and by the many qualifications they have from the US government

Fourth : I asked today to one of the Top executives at Fastbrokersfx to come to this thread and give you info about his company in order to make you "feel" if his company is trustworth or not in order to make your own choices and not read about it in a thread somewhere.

Fifth : I promised on this thread that i would do my possible to deal with decent brokers but at the end , eventhough Fastbrokersfx is my team's choice and mine too , Your decision will be honored and we will trade any account you trust us with ,with any broker as long as you take the broker's choice on your responsability

Good Day

aleccoh

I don't know about the swaps, I'm never in trades that long, but I've been using rfxt.com for a few months now without "problems".

Again, I don't want to be "the guy that promoted xyz broker", but I've used some 30 brokers over the years and this is the first time that I've traded this long without "problems"... My 2 cents....

as far as news goes, I don't trade news either, but I did advise no news scalping with these guys...

and are you really trading without "problems" @ IBFX..?! I would be interested to know, thanks...

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You are the guy who promoted rfxt, I didn't know about them till I saw your post, but thanks for that, they have excellent customer service , thier swap is a bit on the high side so I am trying to avoid that, overall they are fine. I have been trading with them for two days now, I haven't traded the news with, so I can't comment on that

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“Risk comes from not knowing what you're doing”
“Be fearful when others are greedy and greedy when others are fearful” Warren Buffett

No problem, we just don't have a large supply of "decent" retail brokers these days, so I try to give the few that are out there a fair shake... however; If anything bad did happen, I would be first to complain, lol...

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I take a look at rfxt website, their spread for eurusd is 3 pips.
Would this be considered as a major negative factor in comparison with the other brokers?

Anyone starting a Managed Account here?

I dont realy understant what you want , but if you want Managed Account by aleccoh ,you can sent an email to aleccoh@yahoo.com .He will take care you . All the best