mytpyoursl

Hello Xiaolei, let me answer from my experience (+5 years trading forex) when it comes to brokers, always go for the best of the best: I trade with Dukascopy Bank SA (Swiss forex bank) Advantages: TRUE ECN (Electronic Comunication Network) you can put bid and ask in to the market AKA you are liquidity provider too, authentic 100%, you request or put liquidity in the market, like a market maker INTERBANK SPREADS (Ultra Low Spreads, average 0,5 in EUR/USD in the London & NY session) SECURITY, SPEED AND SAFE (As a swiss bank they are with all the licences, your deposits are secured till 100,000 euros or less) Disadvantages: Comission per volume (you pay X amount of dollar per million traded, every authentic 100% TRUE ECN will have this, but if you request the opening of the account throug me you will get monthly rebates to your account) Minimum Deposit (is 5000 usd the minimum deposit, solution will be to open with their Latvia subsidiary, Dukascopy Europe, for retail traders, minimum deposit 100usd) I really recommend you them, I dont work for them, but I'm an introducing agent, so can get you some comission back and some preference with them if you contact me. Is not necessary to have a good broker to be profitable, but it helps suppose: 100 trades in EU with 2 pips spread = 200 pips in costs (20 pips SL will be 22) 100 trades in EU with 0,5 pips spread = 50 pips in costs (20 pips SL will be 20,5) ok you pay comission but with the rebates get better.... My two cents , if you or anybody is interested, contact me at carlos@zentraders.net or skype: korefx Cheers and trade safe!!