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Please help new traders and tell us about your experience with those two brokers as I find they are the largest and the safest brokers existing now..
PLEASE only those who have real accounts with this people review them.
Please help new traders and tell us about your experience with those two brokers as I find they are the largest and the safest brokers existing now..
PLEASE only those who have real accounts with this people review them.
FXCM: no dealing desk accounts
Oanda:
Thank You
FX*M has the ultimate extreme high pip spread in the world. You cant find any broker has higher spread then them in the history and possible in the future as well. Their trade execution is the suickiest ever you can experience, even DEMO account. They've wiped me out 2 live account. Their hunting stop(both fixed spread and non dealing desk), hunting orders and widen spread(for non dealing desk only) is the best optimized server you can never find anywhere. If you have a long order at 1.9100, current price is 1.9000, they can actually widen spread 100pips to take your order and come back to the price of 1.9000. If you have a stop loss at 1.8990, current price is 1.9000, you can see your running order disappear suddenly and found them on the history, that said you've hit your stop loss. When you have a 1.9010 take profit point, you can actually see the candlesticks formed at 1.9015, then the market price plunge down. But your order did not hit TP and follow by a loss. When you finger a phone to their customer support, they'll tell you the spread during that time is 6pips, you're 1 pips close to bail your position, sorry we cant do anything to your position. Server freezing time up to 30 minutes and above during NFP. FX*M is the world largest broker and also the biggest con job ever in the forex world.
OANDA provide JAVA realtime platform. Fast execution and low pip spread. World 3rd largest retail brokereige firm. Capable for API(Advanced Programming Interface) auto trading. Quite costly but worth it due to highly efficient execution. Disadvantage is the pip spread is very inconsistance during financial event or major announcement. Once saw the NFP hit 200pips spread. Most people got whacked big time during that announcement. BUT, they actually admitted is their own fault and refunded whoever make a loss during that financial event. For me, their the best retail broker ever exist besides of no MT4 platform, this is the only thing I concern
I've been with acm (swiss) for about a month, like that there's no withholding tax or reporting being a swiss co. I've had a good exp with them so far, like the wyciwyg Java platform, which always fills at the click price. Fast customer service, tollfree number gets right thru or chat or get a callback in minutes. Spreads are mostly 3p, but gpy-jpy is 6p, gold-usd is $1 basically. Never a non-fill, good java platform but I do now like MT4 better after a few weeks learning it recently, however ACM had the nicest platform I' seen otherwise. I've heard spread can change with NFP but did not see that happen today, though I logged on about 15m after it so not sure. I liked that they have a web-based platform too since I prefer to use a mac, so could trade if needed when not home where my partner's Windows computer resides; can't wait to be in a few k profit and buy the new macbookpro which runs windows fast.
I watched a lot last few days, and in fact it appears acm platform loads chart updates faster than MT4 feed - on m1 charts side by side visual comparison. Seems you can find a forum review for or against every broker out there incl acm and oanda but i think both come out better than fxcm - they sound scary.
Please help new traders and tell us about your experience with those two brokers as I find they are the largest and the safest brokers existing now..
PLEASE only those who have real accounts with this people review them.
FXCM: no dealing desk accounts
Oanda:
Thank You
Depends what kind of account you want to open
If is big account i sugest you dukascopy.com
If you want only to practice on live account and small one you can try oanda or interbankfx but they have dealing desk.......use they only for small money and for big account 50K dukascopy.com
Have the best
__________________ http://WWW.FOREXSTAGE.COM/ Your next stage to forex trading
Free 900 indicators
Free 900 Expert advisor
Also i forghet to say at dukascopy.com you can trade the news + they have slipage control if you are a news trader
Also fxcm have dealing desk.......i have a friend who know more about brokers and trust me here in forex game are only a few brokers who are seriously and dont trade agains you and they are not market maker, but you need big account like 50-100K to trade with they.
Have a great day
__________________ http://WWW.FOREXSTAGE.COM/ Your next stage to forex trading
Free 900 indicators
Free 900 Expert advisor
i'm with acm, curious how it compares...
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