I mean hedged margin. Normaly on MT Brokers you pay additional margin if you open a hedged position. Like

+ 1 Lot EURUSD == margin 1000,-
- 1 Lot EURUSD == margin 1000,-
-----------------------------------
margin 2000,-

I look for

+ 1 Lot EURUSD == margin 1000,-
- 1 Lot EURUSD == no add margin
-----------------------------------
margin 1000,-

................

Thank you metcalfe, ActiveTrades suites my needs!!

Anyone know of any brokers that accept Credit card, use MT4 and have a low minimum? I'm thinking around $25-50.
Fxcast has $10 min but cc min is 100!

Why don't you try ? I think it's instant auto deposit also.

signed up with $25 there you go thanks on the referral

Sure. Anytime.

I have tried every EA I could find - but nothing seems to work with a micro account ( $ 500 or less ) because of the draw down required. Could anyone recommend an EA robot trader that works without a large DD ? I've already wiped out 3 micro accounts.

You are better off learning how to trade without an EA. Look long and hard for a system that makes sense to you. It may take years to find such a system. Are you willing to put in the time now to benefit from it later? Don't look for an easy way out, you'll burn more money that way. Besides, if there was an easy way out, don't you think everyone would be using the same EA and making a killing while sipping their favorite umbrella drink on the beach? And if there is such a system, no one will just recommend one to you just because you asked them nicely. Stay away from complicated systems, you don't want a lot of garbage on your charts. Keep it very simple.

Once you find a system that you can work with and have tried it on a demo, open an account with a reputable broker. Trade it with proper money management. Nice and easy. Don't expect to double your account in three days. If the system is profitable, then consider making and EA for it.

Happy Searching

Look at the bright side. At least they were Micro accounts and not big accounts. I hate hearing about people who buy EA's and put them on 10k or more account's and lose it. A good rule of thumb is: forward test on a demo account for at least 6 months before even considering going live.