Recommend a fx broker thanks!

joelong

Newbie
3 0
Hi all. I'm new to trading and need help choosing an FX broker. I enjoyed using SaxoTrader but they charge 10USD per trade (20 for roundtrip) and that is quite expensive given that I intend to start small (1000GBP). Their charts and technical tools are great though.

I did try looking at a few others like plus500 and 4xp but they do not have monthly charts and I am unable to draw lines on their charts.

So I was wondering if you could recommend an FX broker with low spreads but with good charts as well.

TL:DR
Can anyone recommendan an FX broker with low spreads but with good charts as well. Working out of the UK.

Many thanks!
 

Pat494

Legendary member
14,617 1,579
I recommend having a look at the brokers listed on the zulu website.
Choose a FSA regulated one. Not some jokers in Nigeria etc.
 

thblees

Junior member
10 0
I recommend alpari.co.uk
You can open a demo account and also mini account for practising with few money.
When chosing a broker look for an ecn broker and do not trade with a market maker. MMs make their own prices and can manipulate your trades! They always bet against YOU (customer!!). Its mad, but it is true. You recognize ecn brokers at their five digit quotes (e.g. EUR/USD 1.30538 instead of only 1.3053)
Regards
Thomas
Easy Trading Blog
 

Pat494

Legendary member
14,617 1,579
I've just joined Oanda for a demo account. Looks good and is indefinate.
 

dazfletch

Newbie
7 0
I trade for a living so need a good broker. I have been with GKFX for a while in the UK. Lately they have expanded and upgraded their systems. I hardly ever get any requotes, they are so rare that if i do its a huge suprise. They are great with withdrawals and I think still have a brilliant starting bonus which is great when you are beginning as you will make many mistakes and its with their money.
 

ph_trader

Well-known member
426 6
based on what you have said, you are looking for a simple non UK based broker that has the MN (monthly charts on it), well I do not know lots of brokers, but I do trade with hotforex, you can check them out, tight spreads on majors though they have a tendency to widen during news outbreak or low liquidity and that much is a given. Zulu is there to. and keep us posted and best of luck. I'd avoid less known brokers and just be sure when choosing a broker they allow scalping, I was caught off gaurd once and i paid the price :D :D
 

forbe

Junior member
10 0
Check Armada Markets. They have all you needed requirements. Very decent broker. They have Welcome account with some bonus money, which has the same trading conditions as Live account.
 

Rockfeller

Active member
106 5
Check Armada Markets. They have all you needed requirements. Very decent broker. They have Welcome account with some bonus money, which has the same trading conditions as Live account.

Are you still using them. If yes please share your experience with Armada Markets
 

Pat494

Legendary member
14,617 1,579
I applied to Activ traders and FXCM. Neither like small accounts - very snooty !!

Do use a properly regulated broker for some comeback if there are problems - not some bucket shop in the middle of nowhere.
 

NVP

Legendary member
37,767 2,101
Worldspreads........(what ?!!)

sorry all .......I wont recommend a broker these days ..........as I use to favour the guys above and look what happened there

sooo..........its a very very sensitive subject here at T2W .........


N
 

jamesgoodyear

Newbie
3 0
Hello fellow traders - I'm a newbie to the forum so please excuse any faux pas. I work with a UK based Brokerage/Fund Manager and am looking for ways to attract new clients to our book and would be really grateful for any tips that you can provide. (I also trade Equities, CFDs, Options on a personal basis). Ultimately we operate in a regulated environment and predominantly work on an Introducer basis with a large number firms; simply providing our clients with access to a % of institutional rates. We also offer service bolt-ons such as a range of Model/Managed portfolio solutions. Any tips welcome - thx in advance. JG
 

Jason Rogers

Senior member
2,772 93
I applied to Activ traders and FXCM. Neither like small accounts - very snooty !!

Hi Pat,

I'm sorry we gave you this impression :eek:

As with any market, when trading forex or CFDs, your capital is at risk. It's important to stick with an amount that you're comfortable trading. With FXCM UK, you can opening a spread betting account with as little as £50. If that still interests you, please email me at [email protected], and I'll make sure one of my colleagues in our client services department follows up with you to provide you with the support you need. Also, feel free to hit me up with questions anytime in FXCM's spread betting discussion thread.

Jason
 
 
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