Uk Broker Needed

Broker Discussion Forex Brokers
1

Typing on my phone… just blew up the first attempt…boo.

  1. Uk based…and uk regulated by both agencies

  2. Ecn, commission charged instead of inflating spreads

  3. Trailing stops, limits, hedging, buy limits/stops, deviation amounts
    To avoid slippage

  4. 5k$ limit or less to open

5.platform should be ecn, although I heard mbtrading has a mt4
Workaround for it

  1. Open to US citizens

  2. Leverage 100 and/or higher

Trying to remember any other requirements, I might have missed…
…

Anything with options on currency pairs available?

I think that’s about it…

Any one with some suggestions?

Thank you for your time.

Redhunter

2

Not sure about ECN, but both FXCM & Forex.com offer MT4

3

At a forex rating site, there were over 164 complaints or sooooo about FXCM.

So I read a few, looked again at FXCM, and have choosen a different path.

Same in regards to Forex.com.

Also excluding the mbtrading, no one has managed to make MT4 an ECN.

YA cant, yet somehow mbtrading says that they have.

But mbtrading is in the USA so, its out. For now?

Dunno.

Thanks for trying to help.

Red

4

164 complaints? damn, i actually think fxcm is a good broker.

5

I’d been using forex.com for some time now, & although their customer support & spreads are not the best, I’ve found them to be ok on average. I chose them mainly because of the fact that they are FSA regulated.
Alpari boasts ECN though so you can have a look there…

6

Gotta ok…Thank you for the comments…Its nice to seem peeps participating and sharing their experiences.

Just a reminder, MT4 cant be used as an ECN.

Unless as I mentioned before, “somehow” mbtrading says that they can for their platform.

Somewhere a really nice explanation was given as to why this is true…I am not even going to try to paraphrase what was said…

Also, I might have heard something bout those two sites being market makers, dont remember.

My understanding of a market maker is that they can/might go against your trades.

Of course there is always a rumor/allegation of stop hunting, which is purely unknown, from my standpoint.

Red

7

for swiss broker , dukascopy is good one

8

Dukascopy is one of the best, but it is their high balance requirement which is somewhat prohibiting…