Comments on: Good start. http://fxmadness.com/2010/01/04/general/good-start-2/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Tue, 31 Jan 2012 13:20:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: admin http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4834 admin Thu, 07 Jan 2010 05:58:04 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4834 Spreads very depending on time of the day, but are often like EUR-USD 0.9 pip, USD-JPY 1.1 pip, even GBP-JPY is as low as 3.5 pips. I've had accounts with them for 6-7 years now without any problems. Never had difficulties withdrawing money. They allow scalping. I don't think they will be going out of business soon. Not that long ago DukasCopy had a minimum of 50K. If the minimum is only 5K, make sure they offer mini lots, too. Otherwise there is not much room for error. I have not kept up with new brokerages. Have been satisfied with mine, so what's the point? It's been about over 3 years since I was shopping around. BTW, I heard good things about DukasCopy, only that they seem to be fit for larger traders, kind of like GFT where I trade as well. Spreads very depending on time of the day, but are often like EUR-USD 0.9 pip, USD-JPY 1.1 pip, even GBP-JPY is as low as 3.5 pips. I’ve had accounts with them for 6-7 years now without any problems. Never had difficulties withdrawing money. They allow scalping. I don’t think they will be going out of business soon.
Not that long ago DukasCopy had a minimum of 50K. If the minimum is only 5K, make sure they offer mini lots, too. Otherwise there is not much room for error.
I have not kept up with new brokerages. Have been satisfied with mine, so what’s the point? It’s been about over 3 years since I was shopping around. BTW, I heard good things about DukasCopy, only that they seem to be fit for larger traders, kind of like GFT where I trade as well.

]]> By: Peter http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4832 Peter Thu, 07 Jan 2010 04:21:40 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4832 I've noticed that one should join ECN brokers sites.How does OANDA shape up as far as spreads go ?Is it small ?Is it close to the interbank?Unlike ECN's do they deal against the traders since they can see the bids beforehand ?Any news on their sonvency?I've seen a capital valuation of about 160 million USD . Lastly what do you think of DukasCopy the Swiss ECN ?I know they require a minimum 5000 USD deposit . Thanks. Best, Peter I’ve noticed that one should join ECN brokers sites.How does OANDA shape up as far as spreads go ?Is it small ?Is it close to the interbank?Unlike ECN’s do they deal against the traders since they can see the bids beforehand ?Any news on their sonvency?I’ve seen a capital valuation of about 160 million USD .

Lastly what do you think of DukasCopy the Swiss ECN ?I know they require a minimum 5000 USD deposit .

Thanks.
Best,
Peter

]]> By: admin http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4824 admin Wed, 06 Jan 2010 07:11:12 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4824 Hi Peter, I would suggest OANDA FX. You can open an account with any amount you want, and trade any size, like $10, $75 or $22,222 up to $10 million. They also offer demo account that doesn't expire. Hi Peter,
I would suggest OANDA FX. You can open an account with any amount you want, and trade any size, like $10, $75 or $22,222 up to $10 million. They also offer demo account that doesn’t expire.

]]> By: admin http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4823 admin Wed, 06 Jan 2010 05:48:34 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4823 Yes, Michelle, I'm fine, I think. Plenty of people would disagree, though. Yes, Michelle, I’m fine, I think. Plenty of people would disagree, though.

]]> By: Peter http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4822 Peter Wed, 06 Jan 2010 04:56:42 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4822 Because I now live in Australia I am subject to different rules so I trade with E*TRADE ; I also have a power trader account with them.. I want to start off with a mock account for a while .But I can't find currency options traded there . Currency futures are traded though. Which online broker do you use I only want to put ~1000 USD in for starters . Regards Because I now live in Australia I am subject to different rules so I trade with E*TRADE ; I also have a power trader account with them.. I want to start off with a mock account for a while .But I can’t find currency options traded there . Currency futures are traded though. Which online broker do you use I only want to put ~1000 USD in for starters .

Regards

]]> By: Michelle http://fxmadness.com/2010/01/04/general/good-start-2/comment-page-1/#comment-4815 Michelle Tue, 05 Jan 2010 06:23:46 +0000 http://fxmadness.com/2010/01/04/general/good-start-2/#comment-4815 Hope everything is all right with you. Hope everything is all right with you.

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