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Questions about Brokers and MetaTrader 4 This board hosts various topics concerned with selecting an appropriate FOREX Broker and MetaTrader 4 platform for use with Forex Autopilot

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  #1  
Old 02-18-2009, 06:38 AM
rahul12 rahul12 is offline
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Default What about FXpro

Hey guys i was looking for a good broker to use with fap turbo.....I opened a live account with ibfx(dint deposit any funds thou)...But i also liked fxpro with the claims they made.....fap turbo has recomended forexmeta...but i m not sure about that....I keep asking people but i never get a clear answer.....Can anyone please tell me which is the recomended broker Please
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Old 02-18-2009, 07:51 AM
dcrowley06 dcrowley06 is offline
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There is not really a clear winner in the broker department right now. After fapturbo became so successful, the brokers are all raising their spreads to levels that make scalping difficult. However, the economy of the world doesn't help right now either as more banks are holding onto their money.

Anyway, this has led to many people feeling that there is no "good" broker right now and they are awaiting the ECN brokers to come online with MT4 trading. I believe that MBTrading.com is the one that a lot of people are waiting for.

So I think that there isn't really a clear answer right now. However, I can tell you that ForexMeta.com uses FXDD.com for their feeds. This means that you will always pay one pip higher spreads than if you were to go directly to FXDD.com.

Now me personally I use both FXDD and FXPro and haven't had any problems with either. The spreads aren't great during fapturbo hours, but no broker has good spreads right now.
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Old 02-19-2009, 02:10 PM
Rocky64 Rocky64 is offline
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GFT Forex has great spreads and a great (one of the best) trading platforms BUT they do have a dealing desk (personally I don't care who takes the other side of the trade because that side is always making money on the spread). The other "problem" is that it is NOT an MT4 platform so no use of EA's. They apparently do offer something similar to an EA but it's far from being as popular. Bottom line...IF they DID offer use of the MT4 platform and the use of EA's then I'd switch over to them in a flash.

Last edited by Rocky64; 02-19-2009 at 02:12 PM.
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Old 03-06-2009, 01:11 PM
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mystikdragon7 mystikdragon7 is offline
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IBFX is now turning into other brokers raising their spreads during FAPT trading hours. IBFX works great with FAPS but not FAPT. FXDD is also widening spreads so they to are not the best broker right now for FAPT. I have heard a lot of bad news about FXpro so I am staying far away from them. The only broker I can recommend right now would be Alpari. They have kept thier spreads fairly good througout the whole day.
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Old 03-15-2009, 02:43 PM
jhansen jhansen is offline
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or try one of the brokers with higher deposit requirements - usually you can get them to accept a lower deposit than officially stated - for instance akforex are good and also tradeviewforex.
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