What broker do you use for automated Trading?

rainx · #1 (**permalink**) 03-19-2007, 07:14 PM

Hi forum,

what broker do you guys use for trading your EAs? I searched the web for hours and the only considerable ones were interbankfx and northfinance.

Both seem to have heavy cons...
- InterbankFX doesnt send cheques to ppl outside of the USA and charges 25$ for a simple Bank-wire which is not acceptable for a small (500$) Account.

- Northfinance has a minimum order-size of 0,1 lots - but a lot of EAs use smaller sizes so they won't work here. Also the Demo-Account creation is bugged. All Demo Accs seem to have 1:400 leverage and 5000$ balance - even if specified otherwise!

Do you have any Ideas where I should go? The broker should have: Free withdrawal (egold or bank wire), 2 pip for Eur/USD, Metatrader support (d'oh!), 100 Leverage (more preferred)

thanks alot

JoZo · #2 (**permalink**) 03-19-2007, 08:42 PM

Quote:

Originally Posted by rainx

Hi forum,

what broker do you guys use for trading your EAs? I searched the web for hours and the only considerable ones were interbankfx and northfinance.

Both seem to have heavy cons...
- InterbankFX doesnt send cheques to ppl outside of the USA and charges 25$ for a simple Bank-wire which is not acceptable for a small (500$) Account.

- Northfinance has a minimum order-size of 0,1 lots - but a lot of EAs use smaller sizes so they won't work here. Also the Demo-Account creation is bugged. All Demo Accs seem to have 1:400 leverage and 5000$ balance - even if specified otherwise!

Do you have any Ideas where I should go? The broker should have: Free withdrawal (egold or bank wire), 2 pip for Eur/USD, Metatrader support (d'oh!), 100 Leverage (more preferred)

thanks alot

Hi,
Please don't use IBFX they have crazy spreads many times. Use NF or FXDD.

Hope this will help you.

Have a nice day