Forex strategies revealed | FSR Forum

Forum transfer: Submitted by suribaba on May 22, 2009 - 08:17.

Anyone has any idea about IBFX ?

Forum transfer: Submitted by Ambra on May 22, 2009 - 09:37.

I wouldn't suggest IBFX personally. They've gone through lots of troubles recent couple of years, in particular, their platform stability has dropped dramatically since the time they lost one of their major liquidity provider - many traders began to complain on forums about delays and frozen interface. On top of that in 2008 IBFX has managed to conceive a major security breach, where certain clients had their personal information exposed to the public on the internet.
Currently, however, they are pulling ahead of a number of NFA regulated smaller firms, in particular IBFX was able to easily meet the new NFA capital requirements of $20mln.
Hope these facts would be of some help.

Ambra

Forum transfer: Submitted by suribaba on May 27, 2009 - 07:56.

Thx for your Info Ambra, so what is best platform for mini account (with one pip spread if posible, No dealing desk....) from your expereince ?

Forum transfer: Submitted by shinaiqbal on May 29, 2009 - 09:42.

hey hw r u all traders.i am new here
best platform for mini account in forex market and best broker is ikofx.com. you can enjy ur trading with this broker. shina iqbal shinaiqbal[at]yahoo.com

Forum transfer: Submitted by rosy on June 2, 2009 - 12:04.

AVAFx is a good broker. They are providing a joining bonus of $100 on opening an account of $200 with them and providing AVAQZ12 to their account representative. I think they are providing good deal for novice that's why I join them and till now I find them to be very good

Forum transfer: Submitted by Ambra on June 4, 2009 - 12:52.

Try MB Trading.

Ambra

I trade on a micro account with Forex-Metal. Check them out and see if it suits your trading portfolio.

For a mini-account or a micro-account, you can't. The smallest spread I've ever seen was 1.5 pips offered by Interactive Brokers. However, they required that you have an account size of $25,000.00.The only other broker that I know of that comes close is Oanda. They offer spreads that get very low during times of high liquidity for very small accounts. However, during other times of the day, the spread on the EUR/USD can get as high as 6 pips.If a broker is willing to give you a fixed 2 pip spread and let you trade an account that is only $200 in size, that is a problem. I can almost guarantee you there is some shading of the price going on. In other words, you aren't getting the real price. You've getting a price that will be more favorable to the broker. That means you'll have more losing trades. The old phrase, buyer beware, has much meaning in the forex broker world.

It seems like a lot have change over the years already. Can someone please share their thoughts if having a micro account is still effective these days?

Are there any more of these info for this year yet please?