Iv been trading on a plus500 demo account for about 6 months now, but not sure if i really want to set up a real account with them. I have been reading on the forex fraud forum. They seem to get a lot of complaints and bad reviews on customer services and withdrawing money.
If you are unsure then I would not act, you should be confident in the broker/platform. Check out others so you can compare the platforms. MT4 is the most popular, but I prefer cTrader. Some brokers (like plus500) have their own trading platform. There is no such thing as best platform; it comes down to traders preference.
You never mentioned the main features you really want from a broker; but generally, most traders love an ECN/STP brokers who is able to offer them tight spreads; big enough leverage to help them maximize profit and easy withdrawal platform; if that is the case, some good brokers you an check out are; Oanda, Profiforex, Dukascopy and Alpari.
I prefer Dukascopy Jforex platform … I really really dislike cTraders charting , Nothing wrong with the execution speed but the chart do not give me the feeling.
If you want a Dukascopy 100% compatible platform, consider “Atom8 Trader”. Oddly enough
they seem not to mention that their platform is a “white label” of Dukascopy and
connects directly to the rock solid Dukascopy SWFX. If you live in the intelligent
part of the world, meaning outside the U.S. and its FATCA crap, then you are
in luck and can open accounts with these superior brokerages. The Dukascopy
feed and software integration is second to none in many ways, but a brokerage
is like a Wife. You have to sleep with it for a few months before you really
know what you’ve got Disclaimer: Not intended to be a ***ist reference. http://www.atom8.com I checked it out and it’s the real deal. Regulated too,
in principle, at least. I wrote a micro scalping platform for Dukascopy so
I know what I’m talking about. Good Luck !
Apparently you want the “Atom8 Trader Pro” platform, so that you can write
automated strategies, or get them directly from Dukascopy’s community. I just
downloaded the platform directly from Dukascopy, but used the Atom8 login credentials
and everything works perfectly It’s real JForex under the hood… or under the
bonnet… Far easier than trying to get an account directly with Dukascopy Bank.
My vote for Hotforex, but make sure you spend enough time on demo, before joining live (however I’ve omitted the stage of demo myself). You won’t probably find better spreads on GBP pairs than they have.
I use mt4 for analysis and automatic scaning for setups, and I trade of from my brokers CMC Next Generation platform… They have an awesome platform, but I can’t use my ea’s or scripts there.
I like mt4 for it’s simplicity and the fact that I can script my own tools to it…but I don’t like to trade from it.
I think that there is no best platform out there since every single one of them offers different things. I guess we just need to find the best for what we’re trying to do.