Forex Brokers Truth Revealed! Inside you will learn:
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if you liked my video feel free to leave me a comment, opinion or question below!
Why not create a universal standard to compare mt4 brokers that work for the little guy and force the brokers to play fair or get no business from us, and let them know the competition and rating service is there for all of us that trade from home....
Maybe a list of brokers that work with mt4 and most professional traders use at home.. such as FXDD etc.
Though some are regulated do any actually get punished for cheating and trading against their clients accounts...and why is there no laws against this...
Thanks for the awesome video update..
Take Care
Todd
Todd Tarbet
Hi Mark,
Thanks a million times for that eye opening video. You may not realise the volume of forex accounts this will save from the hands of those robbers masqurading as brokers.
Ansty
Hi
I want to thank you for this information.
Thank you
adolf schneider
adolf schneider
Nice ! Can you recommend any ECN broker hosting MT4?
joche
Thanks Mark for re-running this again. I saw it the first time and it put me on my guard. However, I didn't take/make any notes and couldn't remember which was which. Got it down in black and white now and I'll be sending a few inquiries out as to which they are. Don't worry though, cause I'll not mention where I got the info. no sense in clogging you e-mail up with irate bucket shops upset about the "labeling" of their methods. Sure explains a lot about why some of my "stops" were hit out of nowhere. Thanks, this info is really appreciated!
Gene
good stuff...in my limited opinion, this is the key to successful EA trading....
tim
tim griffin
Very informative, thanks. As a newbie who traded on demo for the last 8 months and just opened a live account with Interbank, listening to your video the question that pop up is, am I in the hands of those sharks you referring to and what should my next move be?
Francois Bosch
South Africa
Francois Bosch
Hi,
I just check hotspotfx and this is not retail broker as you mention, fxcm is not supporting MT4 platform. hmm... no man land....
Jim
thank you for this video I have not started trading 4x yet I have traded S&P day traded for several years. started in the HUNT years in silver
chris
VERY GOOD.
When will you name a few good brokers?
Don
Excellent Info!! Keep up the good work!!
mo
Good information and good video. The one thing you may want to inform about is the higher account size required, such as FXCM ($5,000). Otherwise very good and I can't wait to increase earnings in my account with my current broker, and then move to a direct broker.
Jon Whitehead
Thank you very much for your informative video. Could you please create text version of your videos.
farzin
Hi mark,
would like to 'link' from my site at www.FxTender.com to your videio, may I? As expected, another well done segment from you about this paradisaical form of 'making' money :-)
FxTender
Thank you for your video, it is good to know about brokerage houses and their tricks, please let me know via email what is your opinion of FXCM and GFT are they hones ECN brokers? if not please suggest one decent broker, expect your reply before I open an account.
Thank you for your help it is great.
Edward
Edward
You didn't mention any websites that might provide useful info. Do you have links posted anywhere that will help find a good broker where one can use EA with low enough spread and the broker is not a problem broker? IT appears most brokers listed anywhere were at some time or another a major nightmare to someone according to many reviews.
Gary
Hi Mark,
nice and useful video. Can you please give me some advise on which you think the best ECN MT4 platform would be based on your experience? I am based in the UK and I was looking for a forex platform based offshore for tax reasons. What do you think about Saxo Bank Singapore?
Is that a real ECN broker? The reason I was looking at that one is that it allows me to deal in Exotic currencies.
Thanks for your help
Pier
Pier
I like your video but I still need to know where to looke for the best ECN broker that uses MT4
Jim D
Jim D
Hey Mark, nice vid, but can you please share the list of brokers that you use?
Dinu
Mark, I have yet to find a decent broker I feel comfortable with depositing money into. With all the negative comments at all the review websites it appears most if not all of the Forex brokers are crooks. My Piptronic appears to only work well with the demos from the bad brokers who are otherwise ripoff artists. It doesn't appear to work well, sometimes not at all, with so called ecn or stp brokers. And it is way too much of a hassle trying to get a APT or whatever program working with MT4 to there is some compatibility with ecn pricing etc. It's just all way too fustrating. I have been experimenting with demo accounts and looking for a good broker for well over a month now and getting nowhere. Can you give me a clue? Thanks, Gary
Gary
thanks for some really great info. again i am a newby who has just started manually [forex]. i am really interested in whatever you do,however it appears i may have been burned by someone you know and respect, out of respect for the man i won't name him. i am not sure yet what i am out but this may bear on what i can really afford.do not write me off, if i can i willgo with you.thanks again john day
john day
This video was very pertinent! I am always wondering how much manipulation is going on. My live account is at one of the brokers you referred to. I still wonder if it gets manipulated at times.
I don't know where else to get trustworthy information on this subject.
Thanks
Richard
Very helpful description. Thanks for the information!
A. W. Rice
Thanks Mark,
You always are at the top to give us advice. I took the power-course that FXCM offers, use the demo account, and I'm ready to start trading with real money; your advise came at perfect time.
Thank you, again
June
Thanks for this information, looks like dishonesty is rampant nowadays,
Rudi Londt
Well done Mark , thanks for the insightful video on brokers .
Michael
You mentioned hotspot. They are no longer accepting retail accounts. All such have been handed off (sold I imagine) to fxcm.
You mentioned fxcm. Last I heard, those using MT4 on fxcm are having problems with offquotes issues - fxcm seems not inclined to try to solve these issues. They also have a clause in their contract saying they can/will change over a non-dealing-desk account into a dealing-desk account whenever they so please.
You didn't mention ATC Brokers. They have an MT4 platform available on live accounts - BUT- they tell me its use is still problematic for a variety of reasons. They can't say when or if the problems will be resolved - in other words "use it at your own (pretty risky) risk".
You also didn't mention MB Traders. They are trying to develop a bulletproof MT4 platform and have been doing a lot of testing - BUT - they were hoping to have it ready a month ago and, as of today, won't even guess when it will be ready.
So the last word is: Who is YOUR favorite broker? Where do you run YOUR EAs?
Cordially
Bob Podolsky
Thank you, you are God sent to redeem our loses to Alpari. Please could you recomend an honest non dealing desk ECN Fx broker.
Phil
I use MT4 on FXCM with no complaints. Execution and spreads are very good. I have used other brokers, but highly recommend FXCM.
seabee40
Great information. It looks like the this industry is going to clean itself up!
Don Arbuckle
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