[trbates]

Thanks Wilson ... I have never heard of Forex-Metal.com, I'll definitely check them out!


As an update, I found out the other day that tradestation does in fact offer mini sized accounts (they just don't advertise it much) so rather then going through the hassle of changing brokers, with such a small account size anyway, I figure I'll stay with tradestation for the time being.

Though, that said, I always like to read about different brokers ... so if anyone has anything left to add please feel free

Travis

[fxlabrat]

Originally Posted by tlfx »

oanda is great. Also checkout instaforex, fxcm, avafx and fxcast.

Avafx is a decent broker i think. Thinking of opening an account with them since the min deposit is $100 and coincidentally i only have $100 to spare. Anybody here tried this broker?

[the_Gridder]

Originally Posted by trbates »

I apologize, this has been posted many times in the past ... however, I can not seem to find a new answer so I figured I would ask again.

I am looking for a new forex broker. I am currently using tradestation, but they really nickle and dime you (or so it seems, I'm still somewhat new to this) Though, more importantly, they do not allow me to trade anything but full lots. Normally this isn't a bad thing, but my account is small ... and, like I said, I am still new to trading so I think I would feel more comfortable working with half or quarter lots. (or smaller

tradestation also seems to have poor fills at times (not only news, I realize that news times are shaky), and not a very reliable data feed.

It seemed about 4 months ago the best place for a small forex trader to be was with oanda. Was that the case? and if so , is it still?

Also, any other thoughts or comments on brokers you like/dislike would be greatly appreciated.

Thanks

Travis

I use oanda every day and they are very good for execution and the ability to choose your own lot size. Their charting however is not very flexible. Due to the regulation and new capital requirements for FX brokers I have seen that the former big brokers now get better and more customer friendly, as they have more informed traders to serve. Thus, it is not a bad idea to start a Micro account at fxcm and then progress to a standard account. Or, if you like the Metatrader platform, I would go to fxdd. It always depends how you trade, long-term, daytrade, etc.

If you have 2500 USD minimum account size available, I would start out at fxdd PLUS use a trading advice/education service such as Forexconfidential.com ( private traders, even part-time ) or www.fx-knight.com ( 149 USD monthly ) with their inbuilt Acuity workstation, which allows you to see Volume via eSignal etc.

( I am not affiliated with any reco. ). Take your due diligence.

[Jene]

hi there

I have seen my broker avafx has been discussed here and so i thought why not share some more facts of him who don't know much about them. Many traders don't find any dissimilarities between them and rest of the brokers. I don't know about other broker except couple of once I tried before I get involve with avafx no one has given me satisfaction as they have given. Though they are not NFA regulated and believe me they are trying hard to get the approval asap, still i tried and got to really a good broker.

Many would have read bad reviews about them and I believe no one is perfect. Some or the other day such thing might happen to me as well but till date they are the complete package and brokers should take lesson from them to improve.

What else i can say about them you have to try it by own so see what i mean. trust me go ahead you won't regret.

[Cryten]

Fx Pro has good spreads on Forex as well as futures.