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Hi!
All brokers or almost all of them want your money. They are here to win all the money you have in your account. FOREX is a non-regulated market and they can do whatever you want. Yes, I said "whatever".
They love technical traders with fancy and colored indicators. They know they will lose all they have sooner than later.
And you could think: "why, don't they have enough with the spread?"
No. They want all your money.
This is absolutely correct remark. Spread is nothing comparing with your balance amount. If you open only 1-several trades a day, for them, to get spread profit equivalent of your balance will take several years. This is why it is more profitable for them to put you down right now.
I dont have any MT4 account but now i am seriously thinking to open it and seems FXDD is good choice since i am using their demo server and no problems yet. What about InterbankFX and MIG Investments??
I dont have any MT4 account but now i am seriously thinking to open it and seems FXDD is good choice since i am using their demo server and no problems yet. What about InterbankFX and MIG Investments??
thanks
When you choose broker, make sure that they have a good reputation in NFA (if they are American company)
I use InterbankFX for about 6 months - no complains.
When you choose broker, make sure that they have a good reputation in NFA (if they are American company)
I use InterbankFX for about 6 months - no complains.
Yesterday InterbankFX made a new rule for demo accounts, which makes very difficult to test experts. It is better to use some one else, if you can't test on demo, don't trade on live account. And every time when you choose broker request all Paper work with staps and signatures.
Quote:
Dear Demo Customer,
Due to the excess volume of demo accounts we are reinstating the Interbank FX Trader 4 demo lifecycle term of 20 days. This will help us maintain a stable demo trading environment.
Any demo account older than 20 days will automatically expire however you are welcome to open another demo by choosing File > New Account at any time.
If you would like to save a demos account history, please go to the Trade Terminal > Account History tab. Right click, choose all history. Once the history appears, right click and choose Save as Report. Your history will be saved as an HTML file.
Thank you for your continued support,
The Interbank FX Team
They made a wrong step, as Alpari deletes only those accounts which did not have trades for last 3 months. These guys have chosen easy life ignoring customer needs ….
Good to hear that they changed their decision and made wise decision ...
Quote:
Dear Demo Customer,
Due to the overwhelming response we received from this announcement we are working on alternate solutions regarding the demo account lifecycle. We will not be making any changes to the demo accounts at this time.
As before, any demo account that has had no opening, closing or modifying of trades for 20 days or more will automatically expire however we will not be automatically retiring your demo accounts if they are active.
Thank you for your feedback. It is very valued and obviously influences our business decisions.
I dont have any MT4 account but now i am seriously thinking to open it and seems FXDD is good choice since i am using their demo server and no problems yet. What about InterbankFX and MIG Investments??
thanks
I've been trading live with IBFX for almost 2 years now. So far so good. One thing that I don't like from IBFX is that they sometimes (not to mention in the news release times) widen the spread as if they're hunting for nearest S/L or avoiding the nearest T/P.
I am also trading live with FXDD. It's been 9 months now. Their zero margin policy when you do hedge trading is a good thing to consider.
Yeh IBFX been sending me wires for quite some time, they never seem to complain about this, most brokers don't like paying people money, they dont seem to mind.
Although I have periods where I get angry at them for there spread reasons, and start sending them messages about things there mother may or may not have done, they don't seem to like this but still let me have accounts.
I wish I could just connect MT4 to there bank lol bank of the west but yer need a few hundred of grands to do this.
I've been trading live with IBFX for almost 2 years now. So far so good. One thing that I don't like from IBFX is that they sometimes (not to mention in the news release times) widen the spread as if they're hunting for nearest S/L or avoiding the nearest T/P.
I am also trading live with FXDD. It's been 9 months now. Their zero margin policy when you do hedge trading is a good thing to consider.
smalltalk thanks i guess then FXDD is the way to go .. still shopping .. i will keep interbank fx also in mind
.. i will keep interbank fx also in mind
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