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This is a post to list all ECN brokers for Forex. If you know of a legitimate one that is not on this list, please add it!

Thanks!

MB Trading
EFX Group
Hotspot

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Hello..does anyone know anything about interbank fx..ibfx.com?..

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People are not at all satisfied with them. Problem they face is they believe they run two servers
and there can be small price discrepancies between them. If there was a big gap when the markets
opened, then one server might have started getting data before the other, but they should have gotten
back in sync within a minute or two. IBFX is not good for trading anymore and has not been for a long
time. Do not waste your time and do not wait until you have lost all your funds. There are many better
brokers out there.

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Hi FXCM is a ECN broker with regular and micro accounts..

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Hello...., very sorry i am a beginner in forex trading, so very less experience about it. I use Instaforex.com as broker. Let me know; any body know about Instaforex.com.

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Oanda as the spreads are tight as well as an easy instant execution
FXCM charts well with min amount of money 400:1 leverage is exciting also
>>>>>>>>>>>>>>>>splithand>>>

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If any of you want to share any thoughts or experiances about a broker you are/were trading with! It will help thousands and thousands of people avoid SCAM in this industry called FOREX! Lets make it safe! Only you can help!

www.NyFxTrade.com/BrokerReviewList

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The key is to choose a reliable forex broker. Your broker should be regulated by the law and should have good reviews in broker community sites.

There is bound to be a lot of emotional stress in forex online trading. Your game plan must have a strategy to deal with this too as that would make you a complete forex trader—-one who is prepared to take his chances and strike out on a winning path.

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Forex, here is that I have found --------->>> http://victorious-forex.com/referral/3723/

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DivisaFX is located in New Zealand and is a Currenex partner. Offering both Currenex platforms, Classic as well as Viking and also offering MT4bridge connected to Currenex liquidity.

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I know that there seems to be a thought that ECN is the way to go but personally I prefer and trade with a DMA broker. DMA brokers send trades directly to the banks with no intervention from a desk and charge a small commission to cover the cost of being the man in the middle. DMA brokers negotiate with many banks and agree to send them all their flow so there is no reason for the client to try and open with each bank, this allows the client the best of all worlds. They get to trade with many banks from one system.

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An ECN is like an interbank broker. They don't trade against you so there is no need to manipulate the price. They consolidate bank quotes and show you the best bid and offers available. Spreads are tighter, but you have to pay commissions. When you make a trade they pass it through to interbank, so the counterparty is a real trader. Leverage is generally lower and minimum balances are higher. Interbank trades in $100,000 increments, so you need to be large enough to fit $7-10 per pip trades into you rmoney management.


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