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Yes, I think that we know that you are very close to NF.
Personally I think that the most important criteria for choosing a broker are missing. At least:
- are they regulated or not and if yes by which organisation
- in which country are they based (beware of fiscal paradise)
- how much do they widen the spread during the news
- what about requotes and slippage, execution time
- what is the minimum time you have to held a position
..
I think that leverage like 500:1 only may help your broker to get the money quicker. Personally I will never use more than 10:1 so I don't care if I can use 100 or 500
I'm glad for you that you are so smart!
And speak from your self, coz not everybody are so smart
Lets put it this way:
1. Why do traders/people look for regulation, yes you are right - to be sure than NOBODY never ever could/will steal your money. NF is running since 2001 - 5 full yrs till now and I have never heard/read that NF had not proceed smbds withdrawal. So what is the point of regulation, just go to NFA site and have look how many complaints, warnings they have!!!
2. Every big broker(as those 5), will have big offices and lots of employees - it is essential! Go to their live chats and see how many different names they have!
3. Better ask about spread during news in their Live Chat
4. From my experience NF - I hold position for 2min - no problems!
And speak from your self, coz not everybody are so smart
What I say is of course only my opinion and other people may have different opinion but don't misjudge them, a lot of people are smart.
Of course regulation doesn't mean that it's safe, but not registered is very bad. At least a good point about NFA site is that you will see that there are complaints. For companies not registered what do you see? ...
big broker doen't mean very safe: how many employees had Refco (The REfco case is very bad but I guess there is still a bit hope for their clients. I wouldn't imagine what would have happened if they would be not regulated and registered in Belize for instance )
And at the beginning you tried to give some comparaison between brokers but now you only try to give answers for NF. you should continue the comparison in a neutral way.
What I say is of course only my opinion and other people may have different opinion but don't misjudge them, a lot of people are smart.
Don't worry, everybody understood that you are very smart!
Quote:
Of course regulation doesn't mean that it's safe, but not registered is very bad. At least a good point about NFA site is that you will see that there are complaints. For companies not registered what do you see? ...
What is the point to sit near your monitor and look at the bankrupt broker? Better use good broker, and forget about registrations...
Quote:
big broker doen't mean very safe: how many employees had Refco (The REfco case is very bad but I guess there is still a bit hope for their clients. I wouldn't imagine what would have happened if they would be not regulated and registered in Belize for instance )
So, you told it by your own lips. Nobody is secured even with registration. What matters - is the image of the company, which they build by their services!
Quote:
And at the beginning you tried to give some comparaison between brokers but now you only try to give answers for NF. you should continue the comparison in a neutral way.
I'm not the one who knows other brokers, I use NF that is why I'm speaking about NF.
P.S. I'm absolutely neutral to others, if i don't know I don't speak
Smart, not smart - who cares!
But mostly cleanerfx is right, peronaly i dont care much about regulation, unless the company is established few month ago... I use Marketiva, nothing bad to say. Only their stupid live chat - it is so annoing! And I use demo on NorthFInance: 1st NF use MT4 which is really good! 2nd 1:500 does care for me, more risk more outcome! I will think about going live with them.
hi every body , i've been trading stocks for over 5 years but forex for less than one year , anyway fxsolution is realy good & i got no problems with them except that i,ve to use metatrade demo for charting & i trade big time frames ( 4hr or more )
Come on FXCleaner... you sneaky man I prefer FXDD and they offer 200:1 leverage on there mini accounts, just so you know. The problem with North Finance, and maybe it won't be a problem with you, is that they require a position to be held for AT LEAST 10 minutes. If you liquidate the position before the 10 minutes, they consider that scalping, and well... you'll probably get flagged. Also they are not regulated by the NFA (some people will probably flame me here, so go ahead and flame away). But this doesn't mean that they are not a good choice, it's all up to your personal preference
I don't know if NF does it too, i don't use them, but FXDD and Interbank have been known to widen their spreads before big news times, last i heard a couple of guys on here were saying the spread was 30 pips or something during something or another... I don't know though, i don't trade news so it doesn't apply to me.
Hello
10 minutes i never got this problem .. take a look of my account image
i m with NF about one year i think im VIP client so and never had this problem , if you are talking about regulations ok Nf is not yet but at least NF doenst higher the Spreads to 30 pips , in my opinion this is one kind of rip money from their clients accounts to pay the withdraws ..
One friend of mine had one problem in FXDD too he was trading EURUSD with only one chart H1 timeframe and something strange happenned that FXDD openned one order in GBP USD.
So whats the big deal about been regulated if i know people that lost 50k - 150k with problems at FXDD and IBFX and never got the money back , so take care of your money .
Regards
ps: If you need to see recently orders about the same tell me i can printscreen
As YupYup said it's up to you to decide what to do. Personaly I will not go with NF but if it is OK for you no problem. And if you want to use the 500:1 leverage I am sure they will be delighted to have you as a client.
Otherwise I will also advise to check who is promoting brokers. For instance if somebody spend all his time on the forum promoting a broker what would be your best guess: is it a trader that is not interested in anything else than promoting his own broker because he is so happy with it or is it a broker rep?
Ok, let's go back to the main subject of the thread that was not about the promotion of any broker.
Does anybody has simultaneously live accounts on both FXDD and IBFX? If it is the case, do you use the accounts for different strategies and how would you compare this 2 brokers.
Also for people who have real accounts with these 2 brokers, are the data feed exactly the same between demo and live? What about slippage, requotes and execution time, would they be similar between demo and live?
I also saw that now Alpari has oppened a subsidary in UK in order to benefit from the FSA regulation. It is of course to early to know how Alpari UK will be, but is there somebody who have a live account with Alpari Russia, and how would you rank them ( I like their databank for MT4 but I don't know at all how they are as a broker)
As YupYup said it's up to you to decide what to do. Personaly I will not go with NF but if it is OK for you no problem. And if you want to use the 500:1 leverage I am sure they will be delighted to have you as a client.
After great post by user gpbrasil, NF is now ok for you. Such a smart ass.
After great post by user gpbrasil, NF is now ok for you. Such a smart ass.
I think that you don't know how to read.
As I said I will NOT go with NF, so it's not OK for me.
But of course if others want to take the risk it's not a problem for me.
I think that you don't know how to read.
As I said I will NOT go with NF, so it's not OK for me.
But of course if others want to take the risk it's not a problem for me.
(try to read twice before commenting )
Which brokerage do you use?
P.S. Give the audience at least 3 reason why it is not good? Maybe you don't like the name?
)
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