JimGoose
12-09-2008, 12:32 AM
Hi, i'm torn about which broker I want to open a small deposit account with.
Fapturbo.com's small deposit results with IBFX are astounding ($370 over 2 months has gone to $6k) and that's what i'm considering right now, and Sooner's live IBFX account with $130 going to $300+ in 2 weeks is great too. For all i know ForexMeta/FXDD could achieve results like this too, but there aren't any live results from this broker that I can see.
Does IBFX charge withdrawal fees? FXDD appears to have free withdrawals over $100 using PayPal, which is a plus.
People also say IBFX has lower pip differences on average, but looking at my ForexMeta (which is on FXDD feed) and IBFX demo feeds, I don't see a difference right now, but markets are slow anyways.
Someone also mentioned that Fapturbo has opened less trades with IBFX recently vs. other brokers, does anyone know more about this? Could it be that IBFX has noticed the influx of EA assisted trades?
Finally, if i'm looking to start a small live account of $150 - $300, should I be going with micro lots, or should I stick with 0.10? With Money Manager on, all my trades have on forex meta have been 0.1 trades, but the only trade on my IBFX demo was a 2.0 trade - all LRR set to same across the two brokers.
Both seem good at this point, but am i missing anything that I should know about? I'm also open to the other brokers as well, these are just two of the big ones i've been following lately.
Thanks!
Fapturbo.com's small deposit results with IBFX are astounding ($370 over 2 months has gone to $6k) and that's what i'm considering right now, and Sooner's live IBFX account with $130 going to $300+ in 2 weeks is great too. For all i know ForexMeta/FXDD could achieve results like this too, but there aren't any live results from this broker that I can see.
Does IBFX charge withdrawal fees? FXDD appears to have free withdrawals over $100 using PayPal, which is a plus.
People also say IBFX has lower pip differences on average, but looking at my ForexMeta (which is on FXDD feed) and IBFX demo feeds, I don't see a difference right now, but markets are slow anyways.
Someone also mentioned that Fapturbo has opened less trades with IBFX recently vs. other brokers, does anyone know more about this? Could it be that IBFX has noticed the influx of EA assisted trades?
Finally, if i'm looking to start a small live account of $150 - $300, should I be going with micro lots, or should I stick with 0.10? With Money Manager on, all my trades have on forex meta have been 0.1 trades, but the only trade on my IBFX demo was a 2.0 trade - all LRR set to same across the two brokers.
Both seem good at this point, but am i missing anything that I should know about? I'm also open to the other brokers as well, these are just two of the big ones i've been following lately.
Thanks!