IBFX are a bunch of "spread crooks", but I guess thats another term for "broker". At any rate, as much as I ***** and moan about IBFX (including giving them a good bashing on their forum), they're my broker of choice. Much of it has to do with industry clout. They're insured, in the US, and MT friendly.

When I started, I used FXCM... that's all I have to say about that.

I have been looking around for an MT4 supported ECN. COESFX is the only one I have found so far... however, they don't appear to be regulated... so I'm gonna have to pass. I've been reading industry articles that all say the same thing:

In a very short time (whatever that means), the retail market will become patched into direct interbank routing... can't wait.

MM

I still prefer Dukascopy for trading real money, but if I had a gun to my head and a pig down my pants, I might give Royal Forex Trading a shot. I know the guys that started it and they are funded out the wahzoo. However; I would tread carefully. If anything "strange" happens bail.

www.rfxt.com

I have a few fellow traders using them and they seem to like everything so far. I'm just not sold enough to pull my money from Dukascopy yet.

If you decide to try them, call the dealing desk and ask for Tim or Justin. Tell them you "know" me ( Dan Campbell ) wink, wink, and ask some simple questions about spreads or something. Just a basic conversation to introduce yourself as my "friend", wink, wink, lol... No I don't have an IB, but my guess is that they are leaving the traders that I know alone. I.E. no stop hunting, good fills, etc... However, don't try to use these guys for news trades. They hate news traders and will make your pay for it...

If anyone else reads this, yes you call follow the same M.O. to open an account. Anything I can do to help fellow traders is fine by me...

I have thought about trying to work out a deal with Dukascopy for smaller min deposit requirements through an IB or something. I know the staff now very well. Let me know if this interests anyone... I think I might be able to set up a 20 or 25k min deposit. Just haven't had the need or interest yet... so let me know... FYI: min lot size with Dukas is 250k with 50:1 leverage...

happy trading

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FREE Forex Lessons & Weekly Market Analysis...

I started with F*CM....and lost ALL of my capital....I still have an ACC with them even though not funded...and I will never...I repeat never ever give them my money AGAIN.....I thought I was the only one who had a BAD expirience with them....especially when it comes to SPREADS during the NEWS time....I used stops which were been hunted and they finally took me off business much quicker than I ever thought....I have so much respect for them....

I use OANDA for my "YEN" trades....and quite happy with them...

I will surely visit Dukascopy to check them out.

OANDA read this
http://www2.oanda.com/cgi-bin/msgboa...6;t=006230;p=1

Thanx Badboy....appreciate it...I'll keep my eyes open from now on.

hi all

my friend send me this site www.No-FXCM.com

this site for the people who passed bad experiment with this company which was big and good in the past but its now going down

i hope everybody to write his experiment with FXCM to tell other people to take care!!!!!

thanks

I used FXCM before and was really confused. I did not like them a bit.
Now I use InterbankFX and would strongly recommend them. InterbankFX uses metatrader platform which has professional charting package and much more to offer.

FXCM is a complete scam.Always has been always will be.
Look them up on NFA website they always in trouble.
IBFX while not a scam isn't that good because they constantly getting fined by NFA for not taking out customers margins, which of course means the trades aren't being routed through live and they holding them server side.
In saying that though I still use them along with a few others aswell and make profits from them but I don't trust them.

__________________
Dont worry, bout a thing, cos every little thing, gonna be alright.
The future has not been written.
There is not fate, but what we make for ourselves.

FXCM has introduced “At Best” Order Selection
This feature enables you to have market orders filled during fast-moving markets. Orders are executed at the best rate that is streamed to FXCM from multiple banks and financial institutions.

since Quotes are from multiple banks and financial institutions. You can have “At Best” quotes during News.
is it “At Best” for bank and financial institutions. ?
and “At Worst” for Trader. since selection of "At best" can make your order fill to “At Worst” price since you are allowing them to fill order at next best available price, which is always worst, you will never get fill which is lower than your price..since that is taken by broker and sold to you at your price.

If you click sell GBP/USD at rate 1.9782, and if price fall just 1pip at the time you click button , you will get price moved. or order will wait for
some second and if price further drop. your order is rejected.
But if the case is reverse..your sell order will get fill immediatly at price you clicked, even price has gone above 2pips, but they will never never execute orders in your faviour.

so think carefully what is "At Best" order or is it "At "

Pl share your experiance about "At Best" type orders, it may be good experiance. i have shared my first imprssion about at best order. I may be completly wrong.