I think FXCM is ok, I haven't had any problems yet. Their spread does get quite high sometimes, especially sunday and fridays nights. But I have doubled my initial investment in 6 weeks of trading, which I think is excellent. However it has taken alot of time learning and reading, I have probably been a lucky fool, as i started a demo and within 4 days decided I had to open a real account. I have had to learn from scratch and I have learned in the past 6 or 7 weeks more than what I learned in my entire first year of university. I have also spent upto 6 hours per day on fxcm to achieve my profits. As for hedging, I think hedging is a great thing, in fact I have never lost on a hedge yet( touch wood), i think traders need to have alot of common sense and don't expect money for nothing. However I am going to try another few brokers and see the differences...
Last edited by sammel; 07-05-2008 at 11:40 AM.
|