which is the best Forex broker for trading purposes offering good terms?
I am form india and I want to know which Forex trading portal that offers attractive spread and good leverage,
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June 8th, 2010 at 8:23 pm
Hi,
I could introduce you to forex broker who has tight spreads.
Total 25 currency pairs, Gold and Silver.
SPREADS:
2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF;
3 pips for GBPUSD, USDCHF, USDCAD, EURJPY;
4 pips for CADJPY, CHFJPY;
5 pips for NZDUSD, AUDJPY;
6 pips for EURAUD, GBPCHF, NZDJPY;
7 pips for EURCAD, GBPJPY;
8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF;
10 pips for AUDCAD, AUDNZD.
LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure.
MARGINS. The margin or leverage a client can have depends on the client’s account equity. The table below shows margin requirements for the different equity levels:
Less than 25,000 – 0.5%
25,000 to 1,000,000 – 1%
1,000,000 to 5,000,000 – 2%
5,000,000 to 10,000,000 – 3%
Above 10,000,000 – 5%
Please note that on weekends and holidays margin requirements remains the same.
SWAPS are counted as negative as positive. Also is available swap-free accounts.
STOP and LIMIT orders may be placed as close as 5 fips from market price
TRADING TERMINAL Meta Trader 4.
Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD.
Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage.
This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot).
They are among the fx brokers leaders and located in Switzerland. If you are interesting I could introduce you to them. Furthermore I could provide you for free with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders.
If you are interested please e-mail or PM me (press on my name) and I provide you with further information
Good luck!
VP
June 8th, 2010 at 8:33 pm
“Best forex broker” probably doesn’t exist but some things you should look into are:
– Check their spreads
– Speed of execution
– What the Trading Platform is like
– What is their support like
You can get more info on choosing the best broker here:
http://www.margin-strategies.info/best-forex-broker.html
June 8th, 2010 at 8:53 pm
MIG Investments of Neucatel, Switzerland is the best by far.
I live in San Jose, Calif. in the US, and spent almost a full month researching brokers before ending up with MIG. I even had live posiions with four US Brokers only to cancel them one by one as I realized their failings, and untruths. I originally wanted to deal only with US Brokers, but they are totally unregulated. Brokers in Switzerland are heavily regulated, probably the only place that is in the entire world.