Who is best online broker

[In2Blues]

Originally Posted by daydreamer65

Paypal have banned all autosurfs & hyip from using them.

If paypal even get a hint that a company is a scam they
will look into that company very closly indeed.

Also the problem with banning this type of group is the
negative "press" that it can bring about.

I am quite happy to fund my Oanda account using my paypal,
it is a cheaper option than bank transfer for me at this present
time.

You're right, PayPal is very vigilant. The problem with scams, though, is that they often don't come to light until enough complaints are received. By that time, most scammers have disappeared with the money.

I don't think banning "this type of group" will garner any more negative press than banning all MLM's did. It's not like large, powerful Forex traders use PayPal and they'd fight for the right to continue to do so.

We all know there are many scammers operating as Forex brokers. More important, many people blame their brokers for everything that goes wrong, whether it was the broker's fault or not. So, several complaints could be reason enough for PayPal to suddenly ban them, as PayPal could consider it more hassle than it's worth (as they did with MLM's). This would leave those depending on PayPal in a bit of a bind if that ever happened.

The point I was really trying to make was that the big boys don't use PayPal. It's an option for us smaller traders, but not one that most legitimate brokers would use, as shown by the fact that very few brokers offer it.

Terry

[n_aftab]

Oanda allow paypal use - but only after you have verified the account.

[pipraider]

Originally Posted by tonylegend4u

Hello all,am new here and i want to fin out which robot can one use coz am using meta4 trade platform,north finance.
i need help also which is the best curriency pairs to trade on.

Its so sad to see a post like this, do you actually want to learn how to trade because it seems that you want someone to do it for you... if so hope you wake up out of your daydream and taste the bitter taste of reality, go through babyschool like stated before. I dont know why are you even asking questions about brokers before finishing the school.

[In2Blues]

Originally Posted by pipraider

Its so sad to see a post like this, do you actually want to learn how to trade because it seems that you want someone to do it for you... if so hope you wake up out of your daydream and taste the bitter taste of reality, go through babyschool like stated before. I dont know why are you even asking questions about brokers before finishing the school.

I agree completely.

It never ceases to amaze me how many people jump into Forex "trading" without having a clue about the basics.

When I see posts like "I read about Forex last week and am trading a live account. What broker is best? How do I use the indicators? What pairs should I be trading and what timeframe?", I feel like giving them my bank account info so they can just deposit it directly instead of throwing it away in the market.

It's the same mentality that people use when buying a computer for the first time. "This looked cool in the store and the salesman said it's the latest one. Can someone show me how to use it?"

Please, people, use some common sense. Read through the Babypips School FIRST. Learn the basics. Then ask questions in the forums. If you have so much money to throw away that you can open a live account without knowing what you're doing, you'd be better off to just burn your cash in the fireplace. It's a lot less frustrating.

And, for Pete's sake, use the forum's Search feature. It's on the dark green bar at the top of every page.

There's nothing more annoying than having someone ask the same question for the 500th time because they're too lazy to take a couple of minutes and search for the answer.

We're here to help you, not to do it for you.

If you're not willing to spend the time to actually look for the information you need, then you'll never be successful trading Forex. You need to know why things are happening in the market, not just what to do when something happens.

Learn to earn.

Terry

[tymen1]

To In2blues (I like your avatar! ) and to Pipraider :

Yep, you are correct. I have been here a little longer and I have seen so many of these type of posts that I hardly bother to respond to them any more. Every now and then you see a genuine post of enquiry.

These people will learn the hard way - and there is no telling them.

I have learnt the following :

Diligent research to answer one's own questions is a mandatory requirement for success in the forex market.

[pippinL]

Hmm, a couple of thoughts.

I think that the main problem here is rooted in the belief that Forex trading is a get rich quick scheme. This is borne out by the number of unscrupulous entrepreneurs on the net, wanting to profit from info-hungry speculators with a $100 bucks or two to blow on-line. Given this scenario, can one really be surprised at the folk who pitch up and ask nearly relevant questions without reading the Baby Pips school first!

I also think that brokers who hand out accounts with ridiculous leverage to new traders should also be taken to task. This style of 'brokering' in itself implies that you can trade full standard lot(s) with $500 deposited margin and succeed, when we all know this is not exactly feasible.

[pipraider]

Maybe I should start selling forex products...I bet a lot of people would buy a product called the "ultimate indicator" packaged with 2 dice and a manual, works on all pairs and on all time frames, its foolproof and it does not require any learning what so ever

*Instructions *
roll the "special forex dice" and add the number, if the number of both dice is equal to or more then 9 - buy signal
if the numbers of both dice equals to 6-8 - hold
if its less then 5 its a clear sell signal

[bradcallen]

I prefer easy-forex.You can get 1 to1 technical support.Accept Credit Card and PayPal.No software download.
Here is review of www.easy-forex.com

[randont]

Originally Posted by pipraider

Maybe I should start selling forex products...I bet a lot of people would buy a product called the "ultimate indicator" packaged with 2 dice and a manual, works on all pairs and on all time frames, its foolproof and it does not require any learning what so ever

*Instructions *
roll the "special forex dice" and add the number, if the number of both dice is equal to or more then 9 - buy signal
if the numbers of both dice equals to 6-8 - hold
if its less then 5 its a clear sell signal

ROFLMAO! Thats a get rich quick sceme that would work!

[Sevastopol]

Dear, Oanda users, while I have you here, many people mentioned that they use it, I seriously like thei services, I have a demo account right now and my connection is not so great.

Question, if you day trade, how many times per day Oanda platform looses connection? or is it not so bad?

Thanks in advance.