I found this broker http://www.odlsecurities.com/uk/forex.html and they seem to have different swap policy like other brokers. I would like to use it for 100% hedging system but I am not sure if they are honest and reliable company.

They support Metatrader.

If someone has experiences with them, I mean trading live, withdrawing money, please let me know. Thanks!

yes,they are very reliable and no spreads widening during big news

__________________
~~Keep The Faith~~

look at www.trademonster.ch
It s a retail broker of ODL, with very good conditions. THEY ARE HONEST

Thanks! that sounds good!

So, is there now a good, big, MT4 broker ?
I am searching for a decent MT4 broker. And with decent I mean not an postbox company like FXDD from which you can find absolutely NO information at all. I am searching for a company that is regulated and from which we know if they have money and how much excess capital they have etc.

So I painstakingly compared the MT4 120 brokers list with the USA Futures Commission Merchant List and I found 3 brokers !!! ONLY 3 !!! that where in both lists (please correct me if I overlooked one)

Direkt Forex LLC: has only a capital of 1.400.000$ far less than the future 5.000.000$ that the law will (hopefully) require. And can you imagine to put 100.000$ on the account of a broker who has only 1.400.000$ . That means he has only 14 clients like yourself (embarressed) NO WAY !

United Global Markets: A company with only a capital of 816.777$ What is that? The micro account specialist ?

ODL Securities INC. Never heard of before but ... They have an Adjusted Net Capital of 6.551.859$ . So they are nicely over the 5 million $ of the futur law. More good news is that they have even names and addresses on their website. Yes sir ! NAMES. There are people working in that company ! They are also in several countries and are also regulated in these countries. In their UK website they show even their face look here: ODL moves to new offices in heart of the City of London.
Lets round up: We have a registered company (in several countries), We know how much money they have, their address and their managers names and sometimes even a picture. And they seem a well funded USA registered MT4 broker. Is that the only exception ?

Records of ODL Securities in the FCM FINANCIAL DATA Lists
August 31, 2005
August 31 2006
May 31 2007 (the most recent)
You can see in these files how the capital increases steadily.

If anybody knows more about this broker or has trading experiance with it please post reply here.
Or if you know an other well documented and well funded MT4 broker, we want to know about it !




I posted this somewhere else BEFORE I found this ODL Securities:
From all the brokers in the 120 list I find NONE in the SELECTED FCM FINANCIAL DATA LIST or they are underfunded. Like fxdd seems to be Tradition North America Inc (according to Bongrak from Golden money tree), but in the list is no such company, but there is: TRADITION SECURITIES AND FUTURES INC. This is not the same company. So this is a broker from which we know NOTHING: Not regulated, not insured, no idea about capital, yearly profit. Are they wealthy or at the border of bankruptcy? Who is the boss ? The only thing you get is an address and a telephone number.
I am frustrated about the lack of regulation and information in this forex broker jungle. Why does it takes years before the government of the USA takes the steps to organize this? It seems so they are gone do something in the near future ... lets see.

Or should we trust Alpari UK ? Where can we find any info about their capital requirements and excess capital ?

I ringed to MIG in Switserland and asked the guy on the phone if he could provide some info from a government source (or any 3th party) about the financial situation of MIG. I got only commercial blabla as a reaction. Customers are not supposed to ask such a question.
JP

I am reading about this ODL and it is not all so positive. Some issue with NFA. I send them also an email, to these nice addresses on there website for more info and I got them back from all 3 of the addresses! Spam filter! So I ringed them by phone and got (without delay) a friendly girl on the line that told me that everybody was bussy.
News trading can not be done here at all and they seem to close your account easily.

What is the best MT4 broker with enough capital ? Is there one ?

I tried their demo at the insistence of their reps. It wasn't bad, but they don't offer the currencies I like to trade the most.

__________________
developer of professional quality expert advisors for fully automated trading

Hello darlings

You won't be scammed if u use ODL and your money is safe at ODL

ODL is simply the best metatrader broker.My live accounts are with ODL and Alpari U K

ODL is highly regulated for it's other brokerage business.


Trade CFDs on MT 4 Now!

ODL Launches CFDs on Metatrader 4

Zero Commission, Tight Spreads, Low Margins
Enabling CFDs on your ODL MT4 platform is easy....

We are pleased to announce the introduction of CFDs (Contract for Difference) on the ODL MetaTrader 4 platform.

100s of markets coming soon

We will initially be adding 11 global index markets (These can be seen now on Your MT4 platform but are non-tradable until you accept the CFD Terms of Business).Then, in the coming weeks we will add 100s of additional global equities from the USA, UK, Germany and France. Other international markets will also be added in the future. To stay informed of new markets available, please check you MT4 platform Mailbox regularly.




FX-indicators

Hi,

Have checked your platform but US-index futures are not included.

Could you please add the US-index futures for

- SP500 (ES)
- Russell

and maybe other important US-indices ?. At least these two two are very most important.

Thank you