Help finding a decent broker on MT4

[mytwopips]

Originally Posted by sieger007

I am not ForexBastards . I am just a beginner have never really taken Fx so professionally and do it side by side to my IT work.

Your own above statement should answer your problem.

[JonnyFX]

Of course you are with ForexBastards.
If someone sounds like FPA, they
are of like minded morons.
Please, label yourself as a dumb
trader rather than go on blaming
the brokers. And immediately
throw away a retarded, yes,
RETARDED notion that someone
or some entity can manipulate
the prices against you. And just
precious YOU only. Step back and
look at it and you should see just
how much of a retarded comment that
truly is but you won't see it because
well, you are a retard.

[Yarcofin]

Even big brokers like OANDA and IBFX don't have the resources to send out a different data stream to each individual user, and micromanage every account and change the stream against them every time they make a trade.

Think about what you are saying, and then refer to Occam's Razor. What is more likely, you suck at trading and made some mistakes (sounds like you were either using too much margin to begin with, or you got greedy later on), or there is a giant conspiracy and your broker has it in for you and your small account of only a few thousand dollars?

Most brokers (including IBFX) have it right in their FAQ that they DO NOT recommend trading during big news events, and there is no guarantee your order will get filled.

[JonnyFX]

Originally Posted by Al Pipo

sieger007 don't blame yourself on this one, Interbankfx clears through FXLQ a notoroius bucket shop. Interbankfx also claims to use STP and not a trade desk. However, all trades go through the trade desk.

Worth to mention, I believe FXLQ takes on all the risk themselves. So basically, if you are are making money, FXLQ is losing money. If so, watch out, your account may just be targeted as it was. Jonnyfx is either just experiencing what you did or is an IBFX employee.

The problem with complaining to the CFTC or the NFA is that practically you must have someone on the inside who is willing to provide you with proof of their scam, otherwise the only thing you can do is scour their site for violations that you can report to them.

As far as being label a forexbastard for telling your experience is obious who the bastards are in this case. IBFX.

Newbies reading pure crap like this should realize that
these type of nonsense are spewed by either utter
braindead losers or someone with really bizarre hidden
agenda. Oh, right. You have to be an IBFX employee
to label people like you rightly as losers right? Only an
IBFX employee would have the motivation to call a
loser a loser right? Not only is all this nonsense a myth;
it is nothing more than a babble of a yes, a loser!
Broker/firm whether spread earning firm or commission
earning ECN, they will make money whether traders
win or lose. OK? Get that through your uneducated
and misinformed skull first! If you lose and lose big in
FX, yes idiots!!! BLAME YOURSELVES!!!

[johnnykanoo]

Even big brokers like OANDA and IBFX don't have the resources to send out a different data stream to each individual user, and micromanage every account and change the stream against them every time they make a trade

yarcofin heres my take on that. You know why fibs work so well? How about support and resistence? How about round numbers? Think about it. Traders that use stop losses pick similar spots to place there spots for example behind a nice resistence that has been holding well or 2 pips beyond the last bar. It is very common to see price hit those areas only to continue in the direction you wanted. Honestly stops are for suckers. I hate to say that coz alot of people will get mad at me but there is many ways to manage your trade without them.

I don't necessarily think it is the broker doing this. The big boys manipulate the markets all the time.