Switching Broker

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halfstep

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Hi, I currently trade with FX solution UK. Their Service has been great so far, but their spread is very wide.

I am looking to switch brokers. I need a broker that

1. Offer 1K lots
2. Below $300 initial deposit.
3. Low Spreads
4. Use meta trader 4
5. not a rip off

thanx
 
Well that will be fine to get another brokerage company as you feel later one is not doing well for you, take assistance of search engine to find the best brokerage company in your area, it may need a proper research to find best company online that will suit your requirement.
 
halfstep said:
Hi, I currently trade with FX solution UK. Their Service has been great so far, but their spread is very wide.

I am looking to switch brokers. I need a broker that

1. Offer 1K lots
2. Below $300 initial deposit.
3. Low Spreads
4. Use meta trader 4
5. not a rip off

thanx
Click to expand...

I've recently settled on MBT UK, their FREE EXN plan spreads are amazing and executions are lightning fast. Open a small live account to test and you'll see.
 
Consider:

Oanda: Forex Trading and Exchange Rates Services | OANDA Europe
$1 minimum deposit, though, for MT4 your min order size is $1k so you'll need a bit more than a buck to trade.


or maybe
Pepperstone: https://pepperstone.com/
Overall better spread than Oanda during non-liquid times, and slightly better during liquid times (total cost wise, spread plus commissions.) Only place I know where you can trade an Integral quote feed with $250 min deposit (most want $10k+)
 
halfstep said:
Hi, I currently trade with FX solution UK. Their Service has been great so far, but their spread is very wide.

I am looking to switch brokers. I need a broker that

1. Offer 1K lots
2. Below $300 initial deposit.
3. Low Spreads
4. Use meta trader 4
5. not a rip off

thanx
Click to expand...

I recommend you forexcontrol, i thing you will find all you need with .
 
I use hotforex and finfx for mt4, also planning to use instaforex. Please go to forexcasback site in order to compare brokers and choose the one that suits you, they have good comparison tool. Good luck.

p.s. do you use super scalping strategy that builds you account 1000% every month and thats why you need one which can execute such huge lots ? Thanks.
 
1k lots? for real? :) I trade with hotforex, I guess you can look in to them, if you are from the UK then there won't be a problem, I guess they stopped accepting US client, for the 1k lot, i think it can be requested in hotforex, the only thing I guess that is not allowed are arbitrage EA's :) best of luck :)
 
Try Armadamarkets.com. They use a bridge to the LMAX exchange (which is FSI regulated). They are not a market maker so no need to worry about requotes/ stop hunting etc. MT4 platform, low deposit requirements.

LMAX have the best spreads in the business in peak hours (better than Currenex) - there is a live feed of prices on their, and on the Armada Markets websites. They seem to be getting tighter by the day as well, presumerably as they attract new liquidity providers... (FX Trading | Forex Trading | CFD Trading | LMAX Exchange)

Hope this helps.

M
 
halfstep said:
Hi, I currently trade with FX solution UK. Their Service has been great so far, but their spread is very wide.

I am looking to switch brokers. I need a broker that

1. Offer 1K lots
2. Below $300 initial deposit.
3. Low Spreads
4. Use meta trader 4
5. not a rip off

thanx
Click to expand...

It really depends on where you live... I personally advise you to go for FCA regulated broker particularly if you live in Europe.
Just google for forex brokers, CFD brokers or spread betting accounts.

Remember, if you trade with an FCA regulated broker, you get a strickly regulated broker and then £85,000 is covered by fscs.
 
Last edited:
Mark1979 said:
Try Armadamarkets.com. They use a bridge to the LMAX exchange (which is FSI regulated). They are not a market maker so no need to worry about requotes/ stop hunting etc. MT4 platform, low deposit requirements.

LMAX have the best spreads in the business in peak hours (better than Currenex) - there is a live feed of prices on their, and on the Armada Markets websites. They seem to be getting tighter by the day as well, presumerably as they attract new liquidity providers... (FX Trading | Forex Trading | CFD Trading | LMAX Exchange)

Hope this helps.

M
Click to expand...

"LMAX have the best spreads in the business" LOL
 
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