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I did not trade on real account in Northfinance and do not know about their withdrawal system
if sjerar has experience, it should be considered
The problem was not with the withdrawals.
I withdrew my profit (no problem).
Then I started trading again and they shut my account, saying I couldn't use the system I was using.
My system is not scalping or news, the only problem (for them) is that it generates consistently profits.
Now I withdrew my complete funds and again totally no problem.
So the only thing I can complain about is that they don't allow me to use my profitable system.
I DID trade two real accounts on North and find them the most dishonest bunch, next to Crown, that I have ever found.
On longs, they will never bring the bid to the tp point (and there should be few on this site that dont know i hit the reversal tp point constantly) but what is worse is when you are short --- they manipulate their tp point by using the spread, so if you have a tp point, and the spread is 4, they can miss it by anwhere from 4 - 8 pips, as they pick WHERE THEY WISH to place the cover point, and it varies consistently.
North is no problem to get money out of, but I truly wish you consider NEVER putting money IN !
LET ME SAY IT EVEN MORE NICELY !
THEY WILL KILL YOU !
enjoy and trade well
mp
__________________ KNOWLEDGE and EXPERIENCE are the handmaidens of the riches of forex, and i buy them roses every day, with many a thank you !
Last edited by newdigital; 03-05-2008 at 01:28 PM.
Reason: text size editing
I DID trade two real accounts on North and find them the most dishonest bunch, next to Crown, that I have ever found.
On longs, they will never bring the bid to the tp point (and there should be few on this site that dont know i hit the reversal tp point constantly) but what is worse is when you are short --- they manipulate their tp point by using the spread, so if you have a tp point, and the spread is 4, they can miss it by anwhere from 4 - 8 pips, as they pick WHERE THEY WISH to place the cover point, and it varies consistently.
North is no problem to get money out of, but I truly wish you consider NEVER putting money IN !
LET ME SAY IT EVEN MORE NICELY !
THEY WILL KILL YOU !
enjoy and trade well
mp
Hello MP, thanks for the information.
Please tell me which you suggest? If NF do bad then with what broker you trade well and do you recommend to others? please help......!
Please tell me which you suggest? If NF do bad then with what broker you trade well and do you recommend to others? please help......!
Best Regards,
Kashif.
=============================================
i guess it comes down to what broker is closest to you and where you live and what type of lots you will be trading -- micro, mini, full ??
I use a russian broker and EFX as an ECN for their outright honesty and no dealing desk, but my experience level is very different than yours ---- if you send me an email, i will mention a web site that rates brokers, as does this site and its companion site.
mp
__________________ KNOWLEDGE and EXPERIENCE are the handmaidens of the riches of forex, and i buy them roses every day, with many a thank you !
Essentially, they all are although plenty of controls exist for the broker to slow down executions.
if by "speed", you are interested in what is known as "scalping" (although its really "flipping", then go with an ECN for lack of slippage and honest executions.
mp
__________________ KNOWLEDGE and EXPERIENCE are the handmaidens of the riches of forex, and i buy them roses every day, with many a thank you !
I have just read something interesting on another forum that I participate in. I thought it was useful info to post here as well. I have been a member of this group for a long time now, and we ALL have gone through the quest of finding the right broker for us.
I have read there is now, finally, a broker going to offer an ECN format to be used on a MT4 platform. The new platform is going through it's final testing. It should be available to us very soon.
I will have more information in a couple of hours. I just wanted to give you a head's up. I will post again later.
Thanks
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