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Author Topic: My personal opinion on brokers  (Read 3921 times)

Offline davpal

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My personal opinion on brokers
« on: May 27, 2009, 04:15:29 PM »
Hi all

so far I have used 2 brokers with FAPTURBO and ALPARI UK performed the best until recently.(Increased spread an poor execution)
I am in the process of changing to an ECN broker at the moment.

Demo accounts with scalper strategies do not translate into the same results with live account there is no slippage or liquidity issues on demo accounts.

Put you money into a micro account and analyse the results. This is the only way to see if a strategy works.

http://drptrading.mt4stats.com

Dave

Offline fisherman69

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Re: My personal opinion on brokers
« Reply #1 on: May 28, 2009, 05:50:08 PM »
It seems some brokers have increased spreads on micro accounts as opposed to mini or standard accounts as well??

Fish

Offline BJ

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Re: My personal opinion on brokers
« Reply #2 on: May 31, 2009, 04:41:52 PM »
I have also noticed the big spread increase on Alpari UK which starts just as FapTurbo kicks in.  One pair goes out to 10 pips the other 3 go out to 5/4 pips.

I have just opened a live account with them but have not transferred any monies yet and may just shut the account down now because this seems like a deliberate attempt by them to make even more money. The occasional increase I could live with but I'm noticing this every single night recently and at the same time.

 

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