Forex Brokers Analyzed (3 added 7 total)

[Donna18]

I visited some sites as well..
Etoro.com
iforex.com
oanda.com
but all we need is to select a broker which provides us the ways to take maximum returns from this market..
it's really difficult to choose a good broker.

[AgainstAllOdds]

anyone have a suggestion of a broker that offers insanely low spreads? i am looking for spreads between 1-2 on all of the major pairs. i would also like a broad range of pairs as well, but this isn't as big of an issue to me. a lot of these brokers i am trying spreads aren't really that impressive. right now i am using fxcm micro, and while the spreads are amazing, they have literally no pairs, and it is also designed only for micro accounts. i'm thinking of using their regular account, but from what i understand, it isn't the same spreads as their micro i may just have to stick to their micro and over fund it more then a micro account, hopefully there are no drawbacks to this? im thinking there has to be something? anyways, does anyone have a cheaper spread broker suggestions? would love to check it out... so far.. can't find any

[Donna18]

I am using AvaFx from past several months. The services are excellent.. is there any other guy using the same Broker..to share the experience and know more about our broker.

[powerplantop]

Originally Posted by AgainstAllOdds

anyone have a suggestion of a broker that offers insanely low spreads? i am looking for spreads between 1-2 on all of the major pairs. i would also like a broad range of pairs as well, but this isn't as big of an issue to me. a lot of these brokers i am trying spreads aren't really that impressive. right now i am using fxcm micro, and while the spreads are amazing, they have literally no pairs, and it is also designed only for micro accounts. i'm thinking of using their regular account, but from what i understand, it isn't the same spreads as their micro i may just have to stick to their micro and over fund it more then a micro account, hopefully there are no drawbacks to this? im thinking there has to be something? anyways, does anyone have a cheaper spread broker suggestions? would love to check it out... so far.. can't find any

Oanda has better spreads. and they offer a lot more pairs.

[techno791]

There used to be this webpage which was like a blog. It would refresh every 30 seconds or one minute. Provided by a broker. It would talk about market conditions.
IE
18:04 Big Asian central bank bidding on AUD/USD
OR some comment about the news. It was the "floor" in real time. And then it got shut off and for memebers of the broker only.

Does anyone rememer this? Was it FXCM? If so is it available on the mirco? I miss this so much I'd open an account if it's still around and I can find it.

[AgainstAllOdds]

Originally Posted by techno791

There used to be this webpage which was like a blog. It would refresh every 30 seconds or one minute. Provided by a broker. It would talk about market conditions.
IE
18:04 Big Asian central bank bidding on AUD/USD
OR some comment about the news. It was the "floor" in real time. And then it got shut off and for memebers of the broker only.

Does anyone rememer this? Was it FXCM? If so is it available on the mirco? I miss this so much I'd open an account if it's still around and I can find it.

FXCM seems to give out tips to "preferred" members, but the tips suck from what I hear. Other then that, nothing really "news" related coming from them. FXPRO, and probably all MT4 platforms have that little news column on the bottom, but never really checked it out.

[techno791]

it wasn't really news, it was more of a fake streaming of the "action"

liek
18:04 Russian sounding banks putting in big orders hitting the ask
18:06 AUD/USD breaking our support, look for 0.1554 for the next one
18:20 rumor that NFP numbers leaked early and why volume spiked

If you saw it you'd know what I was talkig about. I know what you mean about tips though. Like charts and strategies for the day. But I only use that to see if anyone else came up with a different trade than I did or if I'm on the same page.
I never heard anyone else talk about the thing I'm looking for, maybe I'm the only one who loved that. Feels like i'm trading naked without that.

I'm using CMS and they added a nice streaming DIJA feed like the one ODL had. But when it comes to forex, I dont' think there's a such thing as news like when you play stocks. But it's interesting anyway to see what's going on in the universe.

[AgainstAllOdds]

That sounds pretty cool, let me know if you find it : P I'll ask around on the other board I use too. All of the news, and charts etc etc I get from the brokers now are an absolute joke. I've backtested their results briefly too, and it seems like I'd make some good cash just going opposite Straight up news though from the feeds would be cool though, can add confidence to trades like you say

[Donna18]

hello friend
As there are so many brokers so it is hard to conclude about the best Forex broker as each broker has some good as well as bad features. All you need to do to try demo accounts of some leading brokers and find the one which fulfill your needs. What I suggest are Saxobank, Ibfx, Avafx and Oanda. you just need to select one of them but if you are a beginner I suggest to go with some demo accounts of different brokers to have some experience and compare their features and services and then finally decide by yourself about the best forex broker.

[rick67]

I notice Think or Swim isn't in your list...

That's what I've been using.
I was searching here, because it seems that ANYTIME I use a "market buy" or "market sell", my order goes through at the absolute worst price is can possibly go through at.
I've even spent a few pips experimenting to make sure my eyes weren't decieving me....

Example.... Let's say I'm looking to get out of my long position on EUR/USD
I'm watching the 5 minute candle waiting for the right time period, then I switch to the 1 minute candles to actually place my order. It's sitting very steady at B/A $1.3250/$1.3252. My sell order should go through at $1.3250 right?
If I place a "market sell", it'll immediately drop about 5 pips to make my sell and then come right back up to where it was, leaving a long tail below the candle.

I really prefer to use market orders because they are instant, but I've started using limit orders because I just don't trust market orders anymore. However if a trade starts going against me real fast and I need out NOW, limits don't work so well.


Anyone else using ToS for Forex and experience this?