Alpari UK, started with �8000, now at �10,800 after 3 months
Ativtrades UK, started with �3000 3 weeks ago, now at �3700
FXDD US - only $300
IBFX US - only $600
Im interested in other UK based brokers who have MT4 & allow micro lots
Anyone know of any other then Alpari & Activtrades
Also do any UK or non us users have experience of withdrawing from US brokers, how easy is it, this is the main reason for not moving more into FXDD & IBFX, if I have more confidence I have another �20K to deposit but need to know how easy it is to get money out of non-UK companies.
Ive only been trading for the last 6 months & thought it better to spread my risk, would you suggest I have it all with a single broker. Your advice/comments would be appreciated.
Why spread the risk? You should be thinking about minimizing your risks. Its not like your getting any interests on these accounts. Do you trade all these accounts at once? Wouldnt it be better to concentrate on one Ac?
I will have two accounts in the near future but thats because I plan to start trade oil, gold, etc. and my current broker dont offer these. But personally I see no sense in having multiple live FX accounts.
Certainly 2 accounts make sense since if one goes down and for some reason you cant get through by phone you can hedge the trade on the other.
I have never had problems withdrawing money and over the years have had accounts with MB Trading, Dukascopy, MG Forex and Oanda. You are certainly right to make sure that any broker you use is properly regulated and currently the UK and Australia have better regulation than the US although they are catching up. I have recently moved to GFT who are regulated now in a number of countries and have far superior charting in Dealbook