Depending on the volume you pull out in a monthly base , you could consider getting your own setup. Platform, bridge if you need one for access to the market, and get your own account with a one or more Liquidity Providers. Another alternative is to ...

Any brokers bigger than Interactive Brokers?

What sound like a load of BS? Which part? J

Armada Crashing all over the place

Hi satfish. The risk incurred is the risk incurred. If by making 3 trades you have a net position of long GU 0.07, your risk/reward is of 0.07 long GU. If you trade only 0.07 GU long, your risk/reward is of 0.07 long GU.... exactly the same. The ...

Three Pairs Hedging

I see no advantage using the triangle. Your trades net is aprox 0.07 long in the gbp/usd. Just go long 0.07 in the gbp/usd, dont put a SL and wait. Is the same of what you are doing now. If you want to hedge or ad later, just do it with 0.01 or ...

Three Pairs Hedging

.. ok, I think the tax is final... 6+- to 9,9% depending in amount of deposit is lost for investor in Cyprus banks. But here is the question... does this % apply to deposits in forex brokers??? ... I read the tax is 6 something % for deposits of ...

Effects of Cyprus bailout deal on Cyprus-based Brokers

Well, your thinking apply to future deposits... but too late for the one already have money in their Banks. Anybody that had 100 000 now have 90 000. Thats it . They can withdraw only 90 000 ..right? So, one one can "earn" anything by withdrawing. ...

Effects of Cyprus bailout deal on Cyprus-based Brokers

What are you talking about? The IMF will be "inserting " 10 billion euros, not taking money out. The 10% tax imposed is a form of "discouragement" for depositors to make a bank run. What you expect? Telling everybody, hey come and take your money ...

Effects of Cyprus bailout deal on Cyprus-based Brokers

Trading 0.50 lot in each pair your hedge is imperfect. You traded (net) approximately 0.07 lot long gbp/usd . The profit or loss you get will be from the imbalance. Ck it out. At the time your balance was +35, you probably had the gbp/usd some 50 ...

Three Pairs Hedging

Yea, that is the problem. "panic" . That is the exact purpose of Compensation Funds around the world. (and bail outs) To avoid the panic of rushing to withdraw deposits in the Banks, which of course cause real crisis. So, they guarantee certain ...

Effects of Cyprus bailout deal on Cyprus-based Brokers

Yea.. of course. "Equity Markets" or stock market moves only from opening to close each day. Anybody can tell. Goes from Zero traded to whatever volume and prices. At the time the bell rings activity start and activity picks up quickly. But the ...

Market timing strategies

. By the few comments I just wonder if anybody understood the article of the first post Nothing to do with Brokers, and reasons to delay withdrawals, etc. Actually, people not understating what is going on is but really cause Bank Runs. Before, the ...

Effects of Cyprus bailout deal on Cyprus-based Brokers

. I really honesty came to the conclusion that there is nothing in strategies at certain specific times. The only ones are the economical news. The open of NY, London etc... they almost make no sense. There is really no "opening". All Major banks ...

Market timing strategies

Well, tell your client to put the money in a Canadian Bank that would issue a letter of credit and trade with Dukascopy Bank in Switzerland. They offer that service called "custodian Banks". Money never leave your own Bank ( unless you loss it of ...

Do you trade more than 1 million dollars in forex?

Being in the European Union, for Banking you could look into Andorra. But for Brokers, the EU has the best options. I would not recommend any Broker in some tax/Fiscal heaven place. J.

Offshore broker/banking

Need to mention where you are. What is Offshore to you could be land for me. J.

Offshore broker/banking

Actually the word should be unbalance. Uff.. terrible English. In practice their "managing software" just grab stops nearby. Remember they are trying to unwind the loss of a trade they took a few ticks before, but they still need to keep their ...

Speed of fulfilment on demo accounts from NDD brokers

Yes, the conflict of interest plays rol and it is different from Broker to Broker. I general, trading with a MM should cost about 1 pips average per trade. The problem is that is very difficult, almost impossible find out. Trading with an MM in some ...

Speed of fulfilment on demo accounts from NDD brokers

. From a different point of view: Leverage is "credit". Measured in "times" the amount of deposit. If your deposit is $1 and the Brokers give you credit 1:100 ( 100 times your deposit) you can buy up to 100 units of currency of your deposit ...

High leverage -> high risk: Please explain

Sure, you are right Genie. Does not means no one has 1M or more in deposit to "exclusively" trade forex. I just don't know anyone. All the people I know operate other markets as well. And also, all of them operate spreading the capital around a bit ...

Do you trade more than 1 million dollars in forex?

. No I do not know any "individual" to fund/assign that much exclusively for the forex market. Most I know with that kind of deposit, work several other instrument as well. J.

Do you trade more than 1 million dollars in forex?