Go Back   BabyPips.com Forex Forum > Everything Else > Rate my Broker


Rate my Broker Discuss anything and everything regarding Forex brokers. Need some help finding a broker that's right for you? Then this is the place for you. Also, check our our resources on How to Choose a Forex Broker and Meet the Forex Brokers.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 06-24-2009, 05:33 PM
Senior Member
 

Join Date: Feb 2009
Location: UK
Posts: 238
Default

Quote:
Originally Posted by webjeff View Post
Hello,

Does anyone know any good brokers that I can use the MetaTrader4 client with? I have seen interbankfx, but I don't know how good they are. Any other good ones?

Thanks
Jeff.
Alpari all day long, one of the better MT4 brokers out there not had any problems with them at all

apart from reqouts in busy times but you cant have it all
Reply With Quote
  #2 (permalink)  
Old 06-28-2009, 12:14 PM
kennyhubbard's Avatar
Newbie
 

Join Date: Sep 2008
Posts: 36
Default

webjeff,

That is a very broad question.........

Identify your specific requirements and that will norrow the field down somewhat. Often the choice of broker is a compromise between several factors.

You should be considering the following :-

Spreads....are you looking for fixed spreads or variable spreads. You need to understand the pros and cons of each.

Are you willing to pay commission?

What leverage do you desire?

What is your funding ability ie what size account do you wish to set up?

Do you need to trade microlots(ie 0.01 of standard)?

Often the better brokers require a minimum of $2000 because they only offer minilots(ie 0.1) with a leverage of 1:100. You cannot trade a $500 account this way, so you compromise.....

Finally you can do the regulation thing, but I feel this is way over-rated. I am convinced that the NFA is trying to kill off retail trading altogether.

Once you know what your requirements are you can go looking. There are plenty review sites out there. Take it all with a pinch of salt but glean what info you can. Ignore ratings with less the 15 user reviews.

My top picks at the moment are forex.com for variable spread non-commision microlots and PFGbest if you want to notch it up a level. Others to keep an eye on are Fxcbs and Gomarkets in Australia.

I was with Alpari but their spreads have become uncompetitive, and they don't offer some of the currency pairs that I wish to trade. Also, I don't fall for the fixed spread scam anymore.........
Reply With Quote
  #3 (permalink)  
Old 07-13-2009, 05:19 PM
 

Join Date: Jul 2009
Posts: 4
Default

ACM is also my broker & it is the best broker out there by far!
Their platforms have won several awards and they will become ACM Bank by the end of the summer.
G´day traders!
Reply With Quote
  #4 (permalink)  
Old 07-17-2009, 04:32 PM
money_add's Avatar
Junior Member
 

Join Date: Apr 2009
Posts: 60
Default

My broker is also ac-markets and when I asked costumer serviced they told me it is already approved and will in fact add meta 4 platform this month. They also won several awards for their platforms and as a forex broker.
Online Forex Trading | Currency Trading | ACM
regards!
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -4. The time now is 02:04 AM.
Content Relevant URLs by vBSEO 3.3.1
"To be successful you have to be selfish, or else you never achieve. And once you get to your highest level, then you have to be unselfish."
Michael Jordan
Feedback Form