There seem to be some knowledgeable people in this thread, perhaps they can tell me how reliable Atom8 is as a broker? They claim to be ECN and they seem to be transparant. Anyone have any thoughts?
For me FreshForex is my best broker. They have the tightest Spreads, I like their flexible quantity, donāt charge commission on deposits, no slippage, and an excellent customer care service!
red flag. why are people so dumb they keep doing business with them? thatās what i would like to know.
[QUOTE=dianajs;752774]Stay away from ATC Brokers, their American branch recently filed for bankruptcy. Does anyone know whether the British branch is reliable or not?[/QUOTE]
nope, it isnāt. why would you even consider it? i canāt understand. there is plenty of articles written up on the founders and by reading all of that you can get a pretty good idea that perhaps if they are issues at the top of the company, well then, maybe not such a great idea to put your trust and money there.
anyway, there are so many more agency model brokers out there: just go with them and trade like a pro, not like a clueless retail trader. Baxter-FX (Australia), Invast (Australia, but Japanese company), LMAX (UK), JFD Brokers (Cyprus regulated by MiFid)), Dukascopy (EU + CHF, hybrid model and high cost), Interactive Brokers (US, CA), FXCM Pro (US, non-retail accounts), etcā¦
but stay away from any offshore broker because if the owners decide to disappear with client accounts or go bankrupt, you will have even less recourse than in the EU, UK, and North America where there are legal frameworks and regulators willing to apply them.
1 thing i noticed on here, most of you guys seem to think very short term. if you love trading and think of yourself as a trader and not just some $ greedy monkey, then you are in this for the long term, and long term means being consistently profitable over years and years of trading, in which case spreads, commission, funding methods, all that, albeit somewhat important, is not as important as execution quality and DMA to the liquidity. without the latter, you might just as well play with OANDA, because thatās what it will be for you: play and not a serious business in which you strive to find quality of service beyond the bullsh1t you see on the marketing websites.
a good starting point: read the Bank of England āFair and Effective Markets Reviewā report to learn more about this business. for your convenience, i have attached it here.
if all they say on the site is true (havenāt had time to read the legal docs), seems legit. and they are a white label of Dukascopy, hence the 200m notional you can trade in 1 click in EURUSD during London/NY session.
i would like to know, since they mention 20 LPs and multiple feeds, what other liquidity feed are they connected to besides SWFX from Dukascopy. anyone know? iām short on time today soā¦
What do you mean with āā¦ 200m notional you can trade in 1 click in EURUSD during London/NY session ā¦ā ?
Alpari just introduced hedging on MT5 and now this Alpari is Doing Away with Minimum Deposits for MetaTrader 5 Trading Accounts! ? Iāve been following them for 1,5 years I guess now (right before the USDCHF situation) and it seems that they are always on the cutting edge , at least platform-wise. And this promotion just actually pushes clients into ECN.
Totally, in my opinion it has something to do with Alpari being the largest MT broker - they are working closely with MetaQuotes on all new features and implement them first among other brokers. Speaking of this no-deposit ECN account - itās a bargain. Canāt think of any other broker which would give you opportunity to work on ECN with such a low entry cost.
Yep, and the more people break from these Instant execution habits - the better 
Well they do their best to repair this horrible mess of a reputation they have right now, we should use these deals while they are available
I tend not to classify brokers but as long as I have one broker that meets my demands am ready to work with them, I am working with FreshForex and they have no minimum deposits, instant execution and narrow floating spread from 0p which is really satisfying for me.
How long have you been with them?
Youāve only just joined and have been asking about brokers, so why recommend FF so soon?
haha, the biggest yes but not necessarily the best ones. They either have quite large spreads or commissions. I wouldnāt think, big is better when it comes to FX brokers.
FxPro should NOT be on any trusted listings. They canāt even process a simple declined transaction. I had my deposit declined, and Iām still waiting for over 2 weeks now to get my money back. If thatās your definition of trustworthy, best not let your guard down.
āMost trustedā by whom?! :eek: Not by anyone whoās done much due diligence, for sure. Oanda is the only one on that list that Iād touch with a bargepole, myself.
All that being said, did you actually have any recommendations for decent brokers?
Hello, this is my first post here at baby pips.
Iāve been using eToro for a few weeks. I opened a live account with $600 and in a few days I earn $300 extra. I was monitoring one of my trades where I was loosing. I had a stop loss near the current price. While I was monitoring, the current price hit my SL but suddenly my SL changed so it didnāt hit the SL. Then again, the price hit the new SL, but the SL changed a few pips, until I manually closed my position.
Do you think eToro was cheating on me because I was doing well on their platform? I still have my funds there so I donāt want to complain to them because I want to make sure I can withdraw the money I made.
Thanks Taniaā¦ Unfortunately I didnāt record a video because in the meantime I was loosing pips
I have already filled a support ticket about it. Letās see what they say
I used to like eToroā¦ or at least it is my first forex experience. I have now entered Hot Forex. All forex brokers seem identical when they rely on Metatrader platform. Now I have to understand the stuff about lotsā¦ in eToro you just type the amount in $ you want to invest and the leverage on each trade. Your SL cannot be bigger than the invested amount. Itās very simple. But I canāt trust them anymore. Hope I can withdraw my funds without problems.
Iāll take a look on OctaFX.
Hi
Why cant you trade on the news with them thats my main stratagy.
Thanks Justin