Broker Reviews Please

[Rashiman 10]

hello all, I am new here so please forgive if I am posting in the worng place.

 

I am looking for help with two things...

 

1. EA recommendations

 

I have an ea,it does ok but mostly breakeven (more or less) but I am looking for something that can trade higher volumes with similar breakeven permanence. The reason is I think trading for rebates is great value, plugin the ea, let it trade (as long as it doesnt blow) and benefit from the rebates because rebates are very valueable today. This leads me to next question

 

 

2. Broker choice

 

I am searching for brokers that pay rebates directly to client (no IB) and see a range of options starting from 0.1 pip per lot ($1 on eurusd trades), a friend of mine recommended IVBrokers, he is trading on their Pro account or ECN, not sure what its called. I looked at the broker and saw they have a "Cash Back" account. It pays 1 pip ($10 per lot) on winning and lossing trades. Even with my current EA I can breakeven and generate $500 cash back easily.

 

As this is the highest rebate I have seen, can anyone tell me if they know of any other broker offering more than 1 pip rebate (must be real cash). IVBrokers are offering 1 pip real cash money

[shuvo7748 10]

hello all, I am new here so please forgive if I am posting in the worng place.

 

I am looking for help with two things...

 

1. EA recommendations

 

I have an ea,it does ok but mostly breakeven (more or less) but I am looking for something that can trade higher volumes with similar breakeven permanence. The reason is I think trading for rebates is great value, plugin the ea, let it trade (as long as it doesnt blow) and benefit from the rebates because rebates are very valueable today. This leads me to next question

 

 

2. Broker choice

 

I am searching for brokers that pay rebates directly to client (no IB) and see a range of options starting from 0.1 pip per lot ($1 on eurusd trades), a friend of mine recommended IVBrokers, he is trading on their Pro account or ECN, not sure what its called. I looked at the broker and saw they have a "Cash Back" account. It pays 1 pip ($10 per lot) on winning and lossing trades. Even with my current EA I can breakeven and generate $500 cash back easily.

 

As this is the highest rebate I have seen, can anyone tell me if they know of any other broker offering more than 1 pip rebate (must be real cash). IVBrokers are offering 1 pip real cash money

 

 

Hello Rashiman,

 

I don`t know any other broker. but i am also willing to know. Cause i am also interested to this....if anyone here plz share

[prax 10]

Hello Rashiman,

 

I don`t know any other broker. but i am also willing to know. Cause i am also interested to this....if anyone here plz share

 

- recomended EA performance, try at autotrader feature on myfxbook. unfortunetly not all brokers are supported, only high rating one for now, any new brokers eventually dont support their feature. one think for sure, dont buy any ea,

 

- any brokers will good, as long as it suit your trading needs. brokers with rebate offer directly, in my opinion it's a 'discount' brokers with many promotional offers and bonuses. personally never like them, eventhough i've try many 'discount' brokers before. if you willing gain rebate from your trade, it means never to trade at all, why bother with such offer we can just become their IB, no need to trade, no risk, commision rebate collected.

if i write down what broker i currently use by now, i'm affraid it would become a violation of ads promotional act. first of all write down your trading strategies, i would glady direct you which broker you should stick with. reliability, reputation and regulation this 3 factor are the base variable in searching for decent broker company.

[fxeconomist 11]

I would suggest Hotforex using Renko EA, got it from forex-tsd, seems it is very powerful EA for trading on majors small position pieces, but still it is very good for big lots too. Check it out Hf has very appealing spreads and fast platform, maybe you'll like it..

[Ammeo 10]

Go for Oanda or Ducascopy. My preferred ones.

[barako 10]

try looking at forexpeacearmy for reviews, give hotforex a check and do some research regarding your brokers of choice, best of luck

[fxeconomist 11]

try looking at forexpeacearmy for reviews, give hotforex a check and do some research regarding your brokers of choice, best of luck

 

 

Worthwhile recommendation really. Vote for Hotforex too.