Yes, thanks, it would be interesting to have here more data from real accounts regarding spreads / slippages / execution time or compare real results across different brokers how much they are different..

Reality of FOREX: my experience with brokers + share yours

Correct, they have both STP and ECN accounts and as per their trading conditions page - first row - they have trading model: direct interbank market access. As I wrote, the only difference here is with the pricing - at ECN you pay commission + small ...

Reality of FOREX: my experience with brokers + share yours

It seems like they are going to bring the sky down on us so someone can buy low and sell high..

Reality of FOREX: my experience with brokers + share yours

Yep, orders can be also filled with different counter parties partially. But as I wrote, there is still the liquidity from other liquidity providers in the ECN model - your orders wouldn´t get filled for years if each broker would connect only his ...

Reality of FOREX: my experience with brokers + share yours

You are correct, fair retail broker is the broker who pay your profit fast, who doesnt offer deposit bonuses , fixed spreads, huge leverage and other bad marketing tricks. Those brokers usually delay your orders, freeze platforms, slip orders etc. - ...

Reality of FOREX: my experience with brokers + share yours

I agree with you - it´s always good to test and see how fast your broker will process the withdrawal request (not only deposits). I personally use standard bank wires and both deposits / withdrawals usually take 1 business day at maximum. I have ...

Reality of FOREX: my experience with brokers + share yours

Hehe - it´s usual, a lot of "gurus" are our there but only a few real full time traders. You are correct that a lot of traders are making bad decisions (like trading during news, don´t setting SLs, use bad money management etc.). But still there are ...

Reality of FOREX: my experience with brokers + share yours

Well if there would be some hedge / arbitrage opportunities across different instruments / markets, it would be a holy grail trading, but I doubt that there are any.. as hedging is used just to insure risks, but still paying the things around.

Reality of FOREX: my experience with brokers + share yours

Hi - thanks for interesting post, but there are a couple of things that need more clarification. 1) I disagree that there is no single retail forex broker who is fair and traders are able to make profit with him. I trade with two retail brokers, ...

Reality of FOREX: my experience with brokers + share yours

Welcome here - FBS offers 100% deposit bonus and other cheap prizes / offers. They also offer 15USD per lot on EUR/USD to their IBs (yes, 1,5 pips) and three-level commission payments. On the top of that there are trading accounts with fixed spreads ...

Reality of FOREX: my experience with brokers + share yours

Cool - it will be great if you will be also able to make some videos of the dirty practices of brokers! I will be happy to add them to the first post too. Well, there are just a lot of scamming brokers, there are tens in the first post and hundreds ...

Reality of FOREX: my experience with brokers + share yours

Yes, using VPS for automated trading is great - I have the VPS both with Axiory and Swissquote and it works great for me. I just get neutral or positive slippage most of the time. Also if you need the EAs to watch markets non-stop, it's probably not ...

Reality of FOREX: my experience with brokers + share yours

I've got both my own experience with them and the third-party feedback are confirming it. But I withdrew my funds and closed the account so I am not with hotfx anymore. They've got a lot of IBs over the internet and their offers - bonuses / 1:1000 ...

Reality of FOREX: my experience with brokers + share yours

Thanks for explaining further - I got it now.

Reality of FOREX: my experience with brokers + share yours

Interesting. If he would buy stock in local exchanges and same short in CFD brokers - then he would be just hedged, wouldn't he?

Reality of FOREX: my experience with brokers + share yours

Does anyone here have some experience with FXpro? By the way if you will try them let us know your experience.

Reality of FOREX: my experience with brokers + share yours

Yep, but it's probably better to not search for beauties while trading It's little weird connecting babes and fx trading - usually casinos do similar things.. definitely agree, insta are just scammers.

Reality of FOREX: my experience with brokers + share yours

Correct, LMAX is FCA regulated and shouldn't accept US residents. If you are a US resident, then it's pretty hard to find a good / reliable / serious broker. But if you are not, there are definitely better brokers out there.

Reality of FOREX: my experience with brokers + share yours

Plus500 and Alpari added to the first post.

Reality of FOREX: my experience with brokers + share yours

Yep, maybe they will offer a live chat with miss dukascopy for the most active traders

Reality of FOREX: my experience with brokers + share yours