IBFX for sure. 0.01 I call nanolots

Ok, I'll try them again but when I installed their platform on my laptop the currencies just stayed at 'Waiting for Information' and didn't show the charts.

Thank you. This is very good information.

See post #666 in this thread before joining IBFX... it is scary to see the spread chart.

What would you recommend?

Hi,
I don't use IBFX for this reason.
I have a live acc. with NF and thinking to open another one with FXDD.

NF is north Finance, correct? what is FXDD?

Based on the excellent research here and other places, PhoenixFund is becoming an IB for FXDD. If anyone has alternate brokers we're very interested, but none has shown the reliability we're looking for. NF sounds okay, but a lot of people in Phoenix community are using NF and wanting to switch for various reasons. No big killer problems noted yet though. We might set up an IB with NF as well later on. NF does allow accounts to go negative balance though.

Many brokers that were recommended, and we found that they didn't hold up once we did research. Neuimex, MiG, Crown, FXLQ, IBFX, Alpari to name a few. I will probably always have an "us vs them" attitude versus brokers with any spread whatsoever. If they take commission, and the spread ranges from 0.5-1 pip plus I can see the Island style volume, I trust them a little more.

Neither NF nor FXDD offers the $1000 lots (0.01 regular lots) so I don't have any recommendations that meet the criteria. Honestly though, I would rather use 0.1 sized lots that I will win more reliably than a 0.01 lot that has spread charts looking like an earthquake.

NF=Northfinance.com
FXDD=FXDD.com

I should also mention that a decent test of a broker you don't know is to look at the swap rates. If they pay similar to what they charge, then they aren't trying to gouge you in that way. It doesn't tell you if a broker is honest, but it does tell you if they plan to make a lot in swap fees ... and possibly other places.

It is best if they publish them online like http://fxdd.com/rolloverrates.html but you can look at the swap rates by right clicking market info, choosing symbols and then checking the properties. AUDUSD BUY has the highest payout per dollar invested (AUDUSD lots are much cheaper than GBPUSD, with USDJPY in the middle). You won't make much money on swap, market volatility is much higher in comparison but it is useful to know.

I was going to try FXDD.com but their mini account has a min of $500. I don't mind gabling $250 but $500 is too much.