Day Trading & Forex Forum

richemarks

T2w forums for forex has mentioned a good information for the forex trading and this is a good guide for all the forex investors.The information provided by this forum is only one type of forex trading system in this column..

jeffsmith

Friends informations are provide by all the brokers but investors do not take it seriously. When they loose amount in this market they say it is not good it is a gamble. I know one case one client from AVAFX was trading smoothly but not having proper knowledge about the market and its trading had put all his money for trading and lost it in few months. After that he was frustrated and told all his friends that forex is scam it is a gamble and also pointed out AVAFX as a scam. I had also started my account with him but i am not having any problem with it why.

t2wfx

Well different people, different experience.

JTrader

alpari are crap. their charts/datafeed are always freezing for up to a minute or more and then gapping up when it unfreezes. This happens most days. longer freezes that result in missing bars on a chart, usually occur around 3 or more times per week (and thats just during the uk session).

patong

who do you suggest if you havn't already?

jeffsmith

Friends i would say that who ever is the broker but self mind should be set to trade this market with our own trading strategy. Brokers can help you to have a platform to trade this market and manage you funds in this market.

I have seen many brokers saying that you invest in this market and they will give you 10-15% of your funds monthly. I don't think that this can be true. One of my friend had invested with these type of brokers the first 2 months he got regular returns but from the 3rd month he didn't get any returns. When conformed with the broker he started saying i have invested all your money in trading and the market has come done as the market recovers i will give you the money. The market didn't recover when my friend pressurized him for his returns he said i am sorry he other day he got the news that the broker with whom he was trading has committed suicide.

So it is better to trade according to your own strategy if having knowledge about this market and its trading. I am trading online with AVAFX and managing my account. But now willing to stop trading and write some articles on trading.

mastroiani

I've been using FXCM for about a month and have had good experience with them. Only once I think their platform "Froze" on me... I don't know what it was : my internet connection or their platform not letting me close a trade. It was frustrating and it took about 6-7 seconds, but finally it closed. Luckily I was on the good side of slippage.

In general I like them. Their have 200:1 leverage that really works for me. Amazing customer service. And they say they are No Dealing Desk. So, in retrospect, I haven't been screwed big time by them, I 'm still considering to give MB Trading (ECN broker) a try with their DEMO account just to have an alternative.

mastroiani

Aslo FXCM has Metatrader platform. THat's a HUGE plus I agree, the review of FXCM and OANDA as bad brokers is a bull crap.

Also, I don't think OANDA is a bad broker. What makes you say OANDA is bad??