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Post by traderAllen on Nov 4, 2015 23:41:58 GMT -5
I have nothing good to say about the switch to TradeKing. Their platform is clunky, placing trades is slow and spreads are wide. Twice while in a trade and watching the (live) chart I tried to close an open position by adjusting a stop and got a message to "re-login". Oanda is not a bad broker, all brokers widen spreads during news. If you are going to use Ninjatrader than FXCM will have to do for a new trader, IB is good but if you need 10,000 to open the account.
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Post by golfnforex on Nov 5, 2015 19:08:05 GMT -5
Thanks for your reply. Will consider fxcm for the use of nt. Cheers!
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Post by ddtrader on Nov 11, 2015 12:09:59 GMT -5
I gotta free one-week trial of the multi broker license from NT. I will be getting data from FXCM and trade with the better commissions of IB. Looks good so far.
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MB Trading
Nov 11, 2015 13:06:33 GMT -5
via mobile
Post by traderAllen on Nov 11, 2015 13:06:33 GMT -5
If I remember right the multi broker will also be discounted around Christmas time. Might as well wait another month and save $100
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Post by ddtrader on Nov 11, 2015 13:11:16 GMT -5
I asked them when their sale starts and the salesmen said that he doesnt know of a sale coming up...we'll see. if i like it, ill lease it another month and see if we get a sale before I purchase it.
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Post by Segwin on Nov 12, 2015 17:05:41 GMT -5
If I remember correctly: Using NT with FXCM you can also use NT with Futures going through NT. They sub it out to one of two brokers (don't remember which at this time). I don't think you have to have a multi broker license when you go through NT for both Forex and Futures. Saves a few bucks.
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Post by scotianfx on Nov 13, 2015 19:46:35 GMT -5
I just opened up a demo account with FXCM/NT. i have been finding that some of my trades have had spreads of almost 2 pips. Is the 0.5 spread only on live account? New here and also looking to find what broker i should be using. Can i use IC markets with NT? And whats peoples opinion on them?
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Post by Segwin on Nov 14, 2015 7:03:17 GMT -5
I just opened up a demo account with FXCM/NT. i have been finding that some of my trades have had spreads of almost 2 pips. Is the 0.5 spread only on live account? New here and also looking to find what broker i should be using. Can i use IC markets with NT? And whats peoples opinion on them? I think you misunderstood. Spreads as low as .5. During big moves such as news events spreads can go as high as 4 or more. Always check before committing a buy/sell.
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MB Trading
Nov 18, 2015 23:28:49 GMT -5
via mobile
Post by scotianfx on Nov 18, 2015 23:28:49 GMT -5
Has anyone had any experience with IG. Came across them today as they use PRT for charting. Which is what I am looking for. Also if you do 4 trades a month the fee is reimbursed back to you. However I have not been reading good review on them, anyone have any thoughts on this broker?
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Post by traderAllen on Nov 20, 2015 0:59:43 GMT -5
I have not heard anything good about IG. Often the lowest-cost broker may not be the best solution advertising and showing a low spread does you no good if your fills are horrible. Best to stick with one of the larger brokers. I'm not sure what country you're from so I can't really determine what would be the best option for you. Just keep in mind are they trustworthy, if they have lots of bad press and reviews that should be a red flag. And only the account minimum when you open the account because until you start to trade and see what your fills are like you won't know for sure if there any good.
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MB Trading
Nov 20, 2015 21:32:46 GMT -5
via mobile
Post by scotianfx on Nov 20, 2015 21:32:46 GMT -5
Thanks for the insight Allen. I had already decided to not go with them. When I emailed their company and asked about some of the things I had heard, the representative said they can neither confirm or deny what I had said. That was more than enough for me to turn away. I am in Canada. I'm having a real hard time finding a broker to use as I only have a initial deposit of $1500. Fxcm said that 2000 for min but they could most likely start me up on a micro for $1500. So as it stands that will most likely be who I go with.
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