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Author Topic: Anyone know about traderschoicefx?  (Read 4166 times)

Offline neil-peart

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Anyone know about traderschoicefx?
« on: May 21, 2009, 09:03:29 PM »
They offer rebates of $5 per trade if you make 50 trades or over. 

They are referral brokers to Gain, FXCM, MB trading and FXDD.

I contacted FXCM who told me they were their referral brokers but i wanted to know if they actually payout.

Steve

Offline LMStuff

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Re: Anyone know about traderschoicefx?
« Reply #1 on: May 22, 2009, 12:45:49 AM »
Yup!   I use them right now on my forex.com pro account.   I get $4 /lot rebate, $5/lot you need to have a larger volume.   I just got my first paypal payment from them the other day, the first one takes a bit to get.   They are definitely legit.    I have been working with Patrick, he tends to my needs well.  It's like having an inside man at forex.com.   They have quite a few clients that use both Forex.com and FXCM so they have a lot of pull and inside contacts with the brokers, I am not sure about the others.  I am in the process of trying a FXCM-UK account with them.   I need to drop my other Alpari US account since the spreads are way too high.

When you call them ask for Patrick and tell him Lenny sent you.  Tell him you want the 5 star Fapturbo treatment.   The have no problem with your EA trading and don't relay what EA's you use to the broker.   The more trades you make the more they make and the more rebate you get.  It's been working for me.

Here is his contact info from his emails:   
Quote
Patrick Flynn
NCMFX, Inc.
Office:  781.444.6969
Fax:  781.444.0311
patrickf@traderschoicefx.com
www.traderschoicefx.com
NFA ID:  0367174


Good Luck!

LMStuff
Happy, Safe and Profitable Trading to all!

Offline ferran586

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Re: Anyone know about traderschoicefx?
« Reply #2 on: May 22, 2009, 12:50:49 AM »
Thank you for the information Lenny.  I have been looking for a referring broker for my forex.com account. I currently use The Aslan Group for my FXCM account and they pay out the same as Trader's Choice.  I will call Patrick tomorrow and I will be sure to mention your name.

Offline neil-peart

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Re: Anyone know about traderschoicefx?
« Reply #3 on: May 22, 2009, 08:49:34 PM »
Thanks for answering.

It looks very promising, i may open an account with FXCM UK myself. 

So you get $4 per trade each month?


Steve..

Offline LMStuff

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Re: Anyone know about traderschoicefx?
« Reply #4 on: May 30, 2009, 08:44:53 AM »
Thanks for answering.

It looks very promising, i may open an account with FXCM UK myself. 

So you get $4 per trade each month?


Steve..

No.   Its more like $4 per lot per trade.   Say Fapturbo places a trade for 6 lots on the EURCHF you then get $4 x 6 =  $24 rebate on that trade win or lose.    I might  trade 60+ lots on a good week on my forex.com pro account with FapTurbo and get back  $240+ in rebates for the week.   It adds up fast and is a great way to supplement your trading income.  I haven't started the FXCM UK account yet but I am sure its the same.

Hope this helps.

LMStuff   
Happy, Safe and Profitable Trading to all!

Offline yamingf

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Re: Anyone know about traderschoicefx?
« Reply #5 on: June 10, 2009, 04:54:49 PM »
Lenny,
        the lot we have been referring here is one standard lot size? 100K lot? or 10K lot? as far as i know, your account has to have more than $100K to be a forex.com pro? are you running your fapturbo with forex.com on more than 10K? donna mentioned that fapturbo scalper is good for small sized account, if you are running 10K-100K account, that would be an exciting news.
thanks
Frank

 

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