The Brokers Thread

[AngelSpike]

I thought I'd start this so we can all refer to the brokers we find profitable. Please follow the below format.


Alma Forex

Spread: 1 pip FIXED on all major pairs. (EUR/USD, GBP/USD, EUR/CHF)
Platform: MT4
Broker type: Market Maker
Regulation: Seychelles Business Association
Remark: Excellent spreads, they are truly fixed from my demo time with them, but are they trustable?


Gallant FX

Spread: 0.3-1 on major currency pairs
Platform: MT4
Broker type: ECN
Regulation: None? But claim to have a counterparty by the name of SunSpot capital.
Remark: Excellent broker, inverse spreads!!! But, are they trustable?


EMP-FX

Spread: 1 pip on major currency pairs
Platform: MT4
Broker Type: MM
Regulation: ??
Remark: Good spreads but do not allow scalping !!!!!


ATC Brokers

Spread: 0.3-1 on major currency pairs
Platform: MT4
Broker type: ECN
Commission: $0.80 for a round trade of any currency
Regulation: NFA
Remark: Very good ECN brokers that support MT4 but minimum capital required is $5000.


So, thats from me so far. If anyone has experience with the above brokers or like to contribute some of their own, please feel free to do so. Happy trading!

[moneydream]

I'm not sure now but I used Alma Forex live a few months ago. They didn't accept EA trading for live account by that time.

[AngelSpike]

Originally Posted by moneydream

I'm not sure now but I used Alma Forex live a few months ago. They didn't accept EA trading for live account by that time.

Well, they still don't. But are they trustable? Did you have any other issues with them?

[Amita]

Forex-Metal
Spread: starting from 2 pips on major currency pairs
Platform: MT4
Broker type: market-maker
Regulation: regulated in Panama and Uruguay.
Remark:also accept various e-currencies including SolidtrustPay, offer no-swap accounts, have 24 h. phone support.