FXCM, Oanda and forex.com, Which is best? - Page 7
Page 7 of 15 FirstFirst ... 5 6 7 8 9 ... LastLast
Results 61 to 70 of 142
  1. #61
    Join Date
    Jan 2012
    Location
    Florida
    Posts
    3
    I use FXCM, and like their charts. I used forex.com in the past and their charts software always crashed.

  2. #62

    Default MB Trading & GBP

    Hi, when you say MB, do you mean MB Trading? Is it good when it come to GBP if it's the base currency or as long as it's one of the currencies in the pair? Have you been using this broker? Thanks!

  3. #63
    paragon123 Guest
    If you're already experienced, try FXCM. They are publicly traded to the NYSE. Those guys know what they are doing and are good at it.

    ____________________
    All things are difficult before they are easy.

  4. #64
    Join Date
    Dec 2011
    Posts
    15
    Quote Originally Posted by DispairIncorporation View Post
    Hi, when you say MB, do you mean MB Trading? Is it good when it come to GBP if it's the base currency or as long as it's one of the currencies in the pair? Have you been using this broker? Thanks!
    Yes, MB Trading. Sorry for the confusion. I'm in the US, so not sure about the base currency being GBP or how good or not good it is -- I do think MB Trading does have a UK presence now, too, so that might be worth looking into and a better answer for you, that is, if you're in the UK! I did finally open a live account with them and so far, I think they're a solid broker. I won't sit here and say they beat all the other brokers because I think we all know each of them have their issues, but in my experience so far, MB Trading has met my need in terms of the basics like execution, tight spreads, etc. I will say that one of the things I came across while researching various brokers is that MB Trading maintains a pretty solid presence in the Forex Factory broker forums and reading through chunks of that forum gives you a good idea of the good and the bad with regard to MBT. They seem to be pretty attentive to any needs/issues that people bring to their attention and I liked that they investigate issues that are brought to their attention and they face up to things whenever they do have technical issues. You could probably make arguments all day long for or against any broker, but knowing they all have their issues from time to time, I think it's more significant to see how the brokers handle things when the do go wrong. Anyway, my experience with them has been really good thus far.

  5. #65
    Join Date
    Mar 2012
    Location
    Peterborough
    Posts
    5
    Has anyone checked out MahiFX yet? They've launched now and according to the press they are offering pricing down at EUR/USD 0.8 pips, EUR/GBP 0.8, USD/JPY 0.8. I'm just about to log into the demo account and see if the platform is any good

  6. #66
    Join Date
    Mar 2012
    Posts
    4
    Totaly new to this . Want to know if you guys with real accounts have ever had a hard time getting your money cashed out?

  7. #67
    Quote Originally Posted by Doreen Mayzler View Post
    Has anyone checked out MahiFX yet? They've launched now and according to the press they are offering pricing down at EUR/USD 0.8 pips, EUR/GBP 0.8, USD/JPY 0.8. I'm just about to log into the demo account and see if the platform is any good
    The site looks very attractive, they have a very good designer Very interesting that they are proud that they are market maker. Never see like that before. Interesting...

  8. #68
    Join Date
    Mar 2012
    Posts
    11
    My advice would be to stay away from new small brokers, and wait till they have an established reputation for integrity and quality. Traders obsess over the spread size (I used to be the same way) but unless you're trading 5 minute charts, the spread is one of the least important things about your broker. Too many of these start up firms have turned out to be bucketshops, or worse ponzi schemes. You're better off picking a company that has good support and you know will pay you promptly should you ever turn a profit.

    Personally I use FXCM. Their spreads are competitive and if you sign up through cashbackforexusa.com or a similar rebate company, you get 0.7 pips rebated per trade, which can be pretty significant at the end of the month. Their platform is very stable, and as long as you're trading the majors the spreads are just fine. That said, I'm probably looking to open a second account at a new broker soon, ATC brokers looks promising.

  9. #69
    Join Date
    Mar 2012
    Posts
    11
    One more thought about FXCM. Make sure you open a standard account, not a micro account if you're serious about trading. Correct me if I'm wrong, but i believe FXCM makes the market for the micro accounts while the standard account is an STP model so you don't have the conflict of interest with the broker.

  10. #70
    Jason Rogers's Avatar
    Jason Rogers is offline Verified Broker Support and Analyst for FXCM FX-Men Honorary Member
    Join Date
    Jun 2009
    Location
    New York
    Posts
    3,328
    Quote Originally Posted by WarlockFX View Post
    One more thought about FXCM. Make sure you open a standard account, not a micro account if you're serious about trading. Correct me if I'm wrong, but i believe FXCM makes the market for the micro accounts while the standard account is an STP model so you don't have the conflict of interest with the broker.
    Hi Warlock,

    FXCM used to make the market for micro accounts when FXCM Micro was initially launched. We did this because I believe only 2 liquidity providers were accepting micro lots via NDD at the time and spreads/execution would have been poor with only 2. Over time, more liquidity providers started to accept micro lots via NDD, and all micro accounts were switched over to NDD a few years ago. So all forex transactions, including micro, with FXCM are now executed via NDD.

    Hope that helps and have a great weekend.

    Jason
    Ask me questions in the Broker Aid Station:
    To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

Forum Sponsors

Similar Threads

  1. Easy Forex, Oanda and IFCM, Which is the best?
    By evelyn in forum Forex Brokers
    Replies: 38
    Last Post: 09-11-2013, 10:43 AM
  2. FXCM vs forex.com
    By antler in forum Forex Brokers
    Replies: 16
    Last Post: 05-21-2012, 02:02 PM
  3. books on forex trading....which ONE IYO is the best for a BIG NEWB
    By savedbygrace7777 in forum Newbie Island
    Replies: 2
    Last Post: 09-09-2009, 06:41 AM
  4. NFA Complaint and Forex.com or Gain Capital Group
    By chilkoot in forum Forex Brokers
    Replies: 0
    Last Post: 05-22-2007, 10:56 AM
  5. Easy Forex, Oanda and IFCM, Which is the best?
    By evelyn in forum Newbie Island
    Replies: 3
    Last Post: 04-02-2007, 06:39 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit."
Conrad Hilton