Forex Brokers Archives
I opened a mock forex account and the broker calls me all the time trying to force me to put money in my account. How desperate are these guys for accounts?
Hello I am scalper.I love to trade GBP/JPY.But the large spread is always a big problem for me.I dont like to trade with broker which is a bucketshop.I like platform like currenex.However if anyone have any knowledge abount any platform that provides 2 to 4 pips spread for GBP/JPY then please answer me.I have 50k so minimum deposit is not a problem.
what is the most trusted broker company?
I’ve looked at what several websites and forums have said about and how they have rated several different ECN brokers, based on a variety of criteria.
What concerns me most, however, is whether or not there are "maximum leverage amounts" and "withdrawal limits."
What I mean by "maximum leverage amount" is not by how much your account can be leveraged (such as 100:1 or 200:1), but the actual maximum dollar amount. Someone told me most brokers set a limit of 50 standard lots (or million) per trade. Is this correct? Are you really unable to purchase more than 50 standard lots in one trade?
I was also told that very high volume trades would be passed along to the real market, even by ECNs, and that this would prevent the trade from being executed "instantly." Hypothetically, if you were trading million or more per trade, by how long could your trade be delayed? Would it be minutes, or could it be several hours or even longer?
And by "withdrawal limits," I mean are there usually limits in place as to how such (in dollar amounts) any client is able to withdrawal from his/her account to a bank account (or through a similar process of getting funds out), such as weekly or monthly? If so, if someone were to actually become a Forex "millionaire," wouldn’t it take him/her several decades just to withdrawal the money from his/her account, little by little?
I’ve heard of dealing desk brokers that have "closed" client accounts because they grew too large (were too successful). However, would there be any reason or incentive for a real ECN broker (a reputable one) to close one’s account because it became too large?
And might it actually depend on how large the broker is? I’m looking at major and renowned ECN brokers such as MB Trading, Interbank FX, Interactive Brokers, Dukascopy, ACM, and ATG, among others.
Thank you in advance to anyone who can tackle this query!
i want to start forex trading .i saw lot of sites but want to know good forex trading platform to start forex trading.can anybody advise me best and easy to use trading for new traders.
I an a non-US Resident. I intend to form a Delaware LLC for a business as introducing brokers for an online forex trading house. I have a marketing website to market to US residents. My questions:
1. Do I require a US licence?
2. Do I have to pay tax for the income paid to me (via my Delaware LLC) by the forex trading house?
As above…
and to those using platforms, how long do you normally let your trading run on live?
i wont mind if the fee or commission is little high, but my funds should be protected.
I know some like interactive brokers, Think or swim, quest trade.
Please share with me your best opinions.
thanks.
I use TD Ameritrade for equities but I wanted to trade currencies/gold… do any brokers stand out as having a low spread and good service?
Which is the best trading platform for amateurs?
Can I put up a series of pending orders on an mt4 platform (IBFX), with the condition that an order becomes effective only when the preceding order gets triggered.
Hi friends,
I am newbie in forex trading I want to trade in forex investing 30 to 40USD. Can any one from India
Give me there suggestion which broker is reliable in all sence.means
Our money will safe with broker,there will be no any problem in withdrawls
From brokers,thereis no any quote fraud etc. Forex4you or eToro reliable or is there any other broker in india for forex trading.
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Even foreign non resident non domiciled in the US people trading on US forex platforms online are liable for payment of US taxes from their US-source profits obviously enough -or so I understand- (income/capital gains taxes, and so on)…
The question is: How are they supposed to do so –filing/reporting income returns and the whole lot of stuff- as they dont live there so they can´t go to the proper tax agency and do it in person?
The idea of prosecution from the US government for tax evasion due to lack of knowledge doesn’t sound much ‘appealing’ honestly… I mean, personally it’s all that issue about platform-based taxation what makes me most doubtful on investing on forex online from Spain
So I wonder if those platforms –or the Banks they work with– already apply tax discounts on foreign non resident non domiciled clients’ accounts so to get them rid of all US tax inconvenience –filing potential tax returns included-
Thank you
(…I hope being lucky enough to meet across some really skilled/experienced helping people round here…ïŠ)
The ideal broker would have variable spreads, no slippage, no blackouts or re-quotes. In addition to that I am also looking for one that would allow me to trade Gold, Silver, and Oil. Thanks in advance!
Hi,
NATWEST BANK OF ENGLAND.
1 Kings Park Road, Moulton Park,
Northampton NN3 6NW,
London, United Kingdom.
Direct Number +44(702) 405 6586.
Fax Number: 00-447006040267
Mr. Alex Charles.
The Forex Allocation Unit/Account Managing
And Director/Chief Accountant
For: Natwest Bank
Copyright © 2010. All rights reserved
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Heard Metatrader 4 disallowed by local regulatory Authority. Anyone with similar information to share?
Heard MT4 popular overseas, but absent where I live (Singapore)
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Please tell me the details how to choose a broker to trade fx online. I don’t have idea how to do so. I have got Liberty Reserve Account for this purpose with balance of 200 USD. I would be thankful for any help from you guys having valuable experience.
My broker does not send/file form 1099-B. Can I still claim forex losses? Do I need to attach paperwork to prove that these loses actually took place?
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I want to invest in forex market in currencies so please help me out where from I can get positive help for bid and ask and which platform should I use for this market which should be easy to use and help full and secure.
thanx.
Hi
FXCM has been recommended to me for trading spot forex currency pairs.
I mainly trade emini futures through a futures broker at .75 per contract per round trip.
It seems much more expensive in the spread commission of 3 pips to trade currency pairs through FXCM to get the same profit per pip.
What is the benefit of using FXCM or any other spot broker when I can just get .75 per round trip through a futures broker, I just can’t see the point of paying a 3 pip spread.
Am I missing something?
Julia dear, please stay in Africa if you have nothing relevant to contribute.