I use FXCM, and like their charts. I used forex.com in the past and their charts software always crashed.
Hi, when you say MB, do you mean MB Trading? Is it good when it come to GBP if itâs the base currency or as long as itâs one of the currencies in the pair? Have you been using this broker? Thanks!
If youâre 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. 
Yes, MB Trading. Sorry for the confusion. Iâm in the US, so not sure about the base currency being GBP or how good or not good it is â 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 youâre in the UK! I did finally open a live account with them and so far, I think theyâre a solid broker. I wonât 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 itâs 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.
Has anyone checked out MahiFX yet? Theyâve 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. Iâm just about to log into the demo account and see if the platform is any good 
Totaly new to this . Want to know if you guys with real accounts have ever had a hard time getting your money cashed out?
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. InterestingâŚ
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 youâre 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. Youâre 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 youâre trading the majors the spreads are just fine. That said, Iâm probably looking to open a second account at a new broker soon, ATC brokers looks promising.
One more thought about FXCM. Make sure you open a standard account, not a micro account if youâre serious about trading. Correct me if Iâm wrong, but i believe FXCM makes the market for the micro accounts while the standard account is an STP model so you donât 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
Excellent Information, thank you. I knew youâd step in if I got my facts wrong. FXCM Really does take the right approach to their business.
My choice is Oanda from this list.He is provider of the liquidity for many well-known financial institutions.
hi traders,
lâm with fxcm account holder and there serious platform connection problem over the last couple of days, hasânt been working although we can log in but charts wonât load⌠lâm in Australia, JUST LOOKING FOR OTHERS IN SAME POSITION that thisâs effecting :34: l here itâs a big problem, itâs effecting along the south pacific rim and with telsta carriers. dame you FXCM . GET IN TOUCH traders as i donât believe what the wires are sayings cheers⌠j
Ive never had a problem with Oanda in the past year i have been using them. Easy to deposit , easy to withdraw. Good spreads and decent customer support âŚ
there is no a perfect broker, each broker has their own advantages, you need to know what you are looking for, the best way to check is to use some forex broker comparison websites, you may find some extra information about the broker which you can not see it from their website
Anybody ever use MIG and Dukascopy? They both seem to have compatitive spread, but what about the cust support and wihdrawal?
i havent used dukascopy but heard they are good. iv opened a account with oanda.com and im very happy so far. all my trades i have made a profit and unlike other brokers it hasnt gone to a loss when i trade.
using oanda and im very pleased. would reccomend to any person wanting to get into forex.
Well i heard Dukascopy is very good too and they are ECN broker, so their spread is small. But i donât know about their execution and their support?
I suggest you Google âDukascopy Scamâ. I have found numerous reviews of Dukascopy this way. Most of the ones Iâve read alternate between 1 star (âitâs a scamâ) and 5 stars (âthey are the bestâ). My personal opinion - and Iâve talked to Dukascopy and to FINMA (the Swiss Financial Market Supervisory Authority) by phone - is that the first group of reviewers may be closer to the truth.
I would urge readers to wherever possible trade FX through a major bank - Citibank or similar. With the many smaller operations like Dukascopy you will not know how they actually operate or how good/bad they are until something unfortunate happens to your account. And itâs not difficult to open a bank in Switzerland - they have an awful lot of them for a small country.