When you open an account with them they send you a confirmation email with your live account # and all the funding options including bank wire info.
I wired them $800 through Citibank from Los Angeles a few weeks ago and they posted it to my live mt4 account within a few hours.

[quote=
I just wanted to be clear what type of broker and position WHC had, because I need an ECN. I might end up using WHC in a few weeks because they offer so many instruments for trading (I was very impressed at the multitude of data).
.[/QUOTE]
Daraknor,
would you have any interest in modifying your "Phoenix" EA to work on WHC's plateform? Normal ea's need to be modified to "market execution", whatever that means (I have no clue how to program anything). Don't know why they don't post the modification in this thread but since they haven't I won't either.
You recommended WHC not be used for scalping but for 50+ pip moves. Could Phoenix be used with modified sl's and tp's?
Thanks!

The main concern I have with WHC is that they're a new broker, and not established yet. I'm a bit sceptical with regards to trusting them with my money.

Other people have posted that they joined Oanda when they started, along with several other brokers at launch and still have their accounts at all of them. Same poster who had several accounts mentioned he also had an account at Refco who was I think the 3rd largest broker when it went bankrupt.

When money was stolen from E-Gold, WHC took the loss instead of passing it on to clients. That says good things so far.

Here is an email from MT E&I Yahoo thread which may be faked but was substantiated by a few other people's experiences:

Saxo Bank is a pretty large company, so I don't think honesty and age have much in common.

At the rate MT4 brokers and their IB’s are popping up like mushrooms (especially in Eastern Europe) I would go as far as to say I am also concerned about the quality of the regulation in place to protect us and ensure reliability and quality service from brokers…

FX mostly is unregulated I suppose, that on it’s own is already a big problem. I think any broker worth their grain of salt would do as much as possible to get accredited and affiliated with as many authorities as possible, be it voluntarily of by law. I suspect that most MT4 brokers on the other hand try to move exactly the opposite side. Just this morning I discovered that fellow countrymen are apparently busy in Switzerland and Russia setting up/marketing a brokerage service for FX…why there of all place ? Think !!!!

Taxes, self protection, privacy, and cheap labor?

Can't believe Saxo Bank did that. That takes the piss.

And how the f*** is it illegal? That's the biggest BS I've ever heard in FX. If there are prohibited times of trading then don't allow trades in that specific timeframe, simple as that.

And how do you know WHC lost money in e-gold? Could be a well engineered scam. So next time their other accounts get "hacked", so does ours. Not saying WHC are scammers, just saying the e-gold story doesn't necessarily "say good things so far" about them.

Sakharov

Why do you have 2 different web presentations ?

http://www.whcforex.com/

http://www.fastonlinetrading.com/index.html

For what is this needed ? Where is the difference ?

Weeks ago I have tried a demo with WHC, and non of my EA's had worked.
I suggest to inform the potential clients about that defect, direct on your webpages. Befor one downlaod and install your special version of MT4.

And if the EA got to be recoded to only market execution, does this mean you don't accept pending buy/sell - limits/stops ?
It's a little bit confusing to me, because normally every limitorder becomes a marketorder if triggered.
And where can I find a official guidance from WHC, how to change the code in order to make the experts work ?
I don't know what's the mind behind this, but I'm seriuosly in doubt that it is to the advantage of the traders.

hbud

Hello! I am not Sakharov nor am I responding on his behalf or WHC. If you just take time to read what you see and understand it a little bit, you could have answer your own questions. Fastonlinetrading.com clearly states on the website that they are an IB (Introducing Broker) for WHC.

This is not a defect. Again, some time spent reading this thread and exploration of their MT4 platform would have given you some light to this concerns. They do take pending - buy/sell - limits/stops - orders.

I hope this helps. Yes, they could have been lot more explicit on their website. BTW, they are available to answer your questions directly via Skype. Their contact names are listed on their website.

ENJOY!

fxcruiser

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hi cruiser

Hard to believe after you constantly appear as their speaker in this thread.

If you would be able to do what you advice to others, you wouldn't have posted this silly stuff...

....because you would have noticed, that this is not the case.

The only thing you've read on their website was the headline.
Just take some time to read what you see and try to understand what the words possibly could mean.

Fastonlinetrading.com is WHC. They're not their IB.

There's not a single word on their whole web pages, that is stating that
fastonlinetrading.com is a independent company and that they're acting as an IB for WHC.
Check the contact pages and you'll see that even address and telephone numbers are the same.


The reason why I neither skype,icq,... nor mail to them, is that I want to have an answer right here, in an open forum.
So that everyone can see whats going on.


hbud