Suggest to me a broker Please!
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Thread: Suggest to me a broker Please!

  1. #1
    Hi Guys, I am looking for a broker and I really want your wise guie about it.

    This is your requirements:
    * Supports deposit/withdraw by Payoneer debit card
    * Supports micro lots (1 pip = 1 cents)
    * Great spread and implementation rate
    * No Deposit limitation
    * 1:500 leverage
    * Minimum deposit is less than 50 USD
    * Over all a good broker

    I'm still a newbie so I need micro lots, along with my trading budget is really tight so that I cant afford to go tricked right now. So please help me if you know about such a broker.

    Thank You.

  2. #2
    Quote Originally Posted by ;
    Hi Guys, I am seeking a broker and I really want your wise advice about it.

    This is your prerequisites:
    * Supports deposit/withdraw by Payoneer debit card
    * Supports micro lots (1 pip = 1 cents)
    * Great spread and implementation rate
    * No scalping restriction
    * 1:500 leverage
    * Minimum deposit is significantly less than 50 USD
    * Over all a good broker

    I am still a newbie so I need micro lots, along with my trading budget is pretty tight so that I cant afford to go tricked right now. So please help me if you know about such a broker.

    Thank You.
    I cant afford to go tricked now
    This statement gave me a laugh Sorry

    I do not mean to sound offensive, but do you spent some time demo testing whatever egy you anticipate using? I am curious why you believe you want 500:1 leverage. I really don't think you will discover many or some honest brokers offering that kind of leverage. Brokers who are relying on your ability to dismiss off your account quickly. They could take an active part in ensuring this result. Nevertheless most traders are totally capable of blowing off an account over leveraging on their own.

    I'd search for an honest broker first of all. I trade using Oanda, they don't meet the majority of your criteria, but I believe they are as honest as a market maker broker can be. They take Paypal for deposits and don't have a minimum $ amount for opening an account.

    Best of fortune

  3. #3
    I've been looking around a lengthy time for exactly the same standards broker.
    You will find a couple of them, but all of them have dirty tricks up their sleeves.
    A lot of them say they are scalping friendly, but they are not.
    As soon as they get your money they'll begin with their own re-quotes and slipping. It will drive you mad my friend. I've been there.

    The best broker of them all here's Oanda, but the leverage is a issue. I'll probably not trade with them only because of the leverage. Another reasonable broker to me personally was FxPro. But they began with re-quotes even when the market was very slow moving.

    All ECN brokers have yet another problem: they don't offer 500:1, they cost commission and some will give you slippage from hell. Therefore, in the event that you add the commision and the slippage you might as well exchange using a bucketshop broker.

    They have the upper hand .
    If Oanda opens a brokerage away from the USA and offer 500:1, they will probably become the largest in the bussiness.

    There Isn't Any GOOD BROKER!

  4. #4

  5. #5
    Google this site at your own risk.100brokersreview see the list of brokers with micro accounts to see their cretaria. Actually for micro account today, I use FBS to check new systems. They nearly meet your cr etaria

  6. #6
    Quote Originally Posted by ;
    THERE IS NO GOOD BROKER!
    I wouldn't be so negative. Sure, there is no broker great for evebody. However, IMO you can find the broker which will be good for you personally.

  7. #7
    Quote Originally Posted by ;
    I cant afford to get tricked right now.
    But you'll afford this in the future. LoL


    Have a look to Hot Forex.

    Good luck

  8. #8

  9. #9
    Quote Originally Posted by ;
    However, you will afford this later on. LoL


    Have a look to Hot Forex.

    Good luck
    You are in fact indiing a market maker in this era?

  10. #10
    Quote Originally Posted by ;
    You are actually indiing a market maker in this era?
    Depending upon his requirements:

    * 1:500 leverage
    * Minimum deposit is less than 50 USD
    * Supports micro lots (1 pip = 1 pennies )

    Here is the sole broker I understand!

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