[Soultrader]

You are very welcome nishant

[nishant]

Hello everyone,

I actually had a bit of confusion. I really do weigh all the suggestions and reviews that you all have poured in here regarding establishing links with acm. But on analyzing futher i realised that "Ernst & Young" happens to be acm's auditors? I have gone through quite a lot forex broking sites but never came with such piece of infromation from any of them as regards auditors. So doesn't is reflect any kind of genuineness in dealings when it comes to acm or as a matter of fact any other forex broker just because the auditors are the most reputed ones? Or it doesn't matter whoever the auditor is.

@soultrader, i had a bit of detailed talk with Infinity's official. And overall they looked promising to me. Thank you again.

Regards,

Nishant

[Soultrader]

Originally Posted by nishant »

@soultrader, i had a bit of detailed talk with Infinity's official. And overall they looked promising to me. Thank you again.

Make sure you test drive their execution platform. It is unbelievable fast and you may need some time to get familiar with it. Also, if you need a direct contact info to one of the brokers at Infinity, please let me know. I have a contact info for a broker there who was helping me out in the past and if you are interested he will lower your margin rates.

[nishant]

Hello Soultrader,

Please do provide me with the official you had mentioned and who had been helping you out.
I dont know if he happens to be the same person or not but Justin Lawrence is the fellow who had helped me initially when i had a talk.
Secondly James, you mentioned about the lowering of margin rates. Please make me understand what you mean by margin rates. Are you interchangeably calling leverage as margin rates? Or is it something else?
Please help by providing the details either here or at my email address.

Regards

Nishant

[Soultrader]

From what I recall the margin to trade 1 contract was $1000. I'll send you a contact email from a broker at Infinity and he may be able to lower this to $500 a contract. Remember this is intraday rates. To hold contracts overnight may require slightly more.

Check your pm.

I have demo traded with acm. The reviews online are terrible. I did experience some problems with requotes and slippage. So I decided against trading live with them. I am currently trading with fxcm. I have been trading with fxcm since 2005. I have followed
their improvements and currently they really does impress me. You can get in touch with them and compare what they have to offer with what Infinity has to offer. I have not traded with Infinity, so I cannot say anything regarding them.

I demo trade with north finance, because their demo account does not expire like most brokers. So you can test a strategy on a demo for months to actually extablish a winning strategy. I have taken an account from $50,000 to $175,000 within 2 months.

What I discovered is that if you have a trading system and you stick to the rules, no matter what, slippage will hardly affect your trading output. For the past 6 months, I believe slippage has affected my position just once. I am pretty happy with fxcm.

Demo trade with Infinity, demo trade with fxcm and compare both. From my experience with fxcm, you will be happy with your trading carrier.