Thread: Need to find a decent US forex broker

Originally Posted by ;

and you have traded with all of them?

You only beat me to the article, LOL
On the poster's question, please review the other GST thread. It might make more sense to reassess brokers loed from US, given the current limitations. .

Originally Posted by ;

GFT closed it's accessibility to US traders so I need to loe a decent US Foreign Exchange broker. Any information appreciated.

The decent requirement is going to be a problem.


Kiddin... that there are a few excellent ones. Your trading style might make it more easy to narrow down it . And is there any necessity for MT4 or a different platform/tool?

Thank you for the answers - I appreciate that.

Sorry do not have the time to thumb through threads like others have suggested, that's why I made a thread - that I wasn't anticipating GFT to shut the doors - I dropped money in my open trades thanks to them.

I Believe I'm going to go with IBFX. I enjoyed what was said about Oanda but they have problems and I didn't like this. I still might go with them though since they have more funding choices.

I heard there are offshore choices but I don't understand anything about these so I'll have to do some research but I do not have time this month - that will in December lol.

Originally Posted by ;

Thank you for all the answers - I really appreciate that.

Sorry do not have the time to thumb through threads like others have indied, that is why I made a thread - that I was not anticipating GFT to shut the doors - I dropped money on my open trades thanks to them.

I Believe I'm going to go with IBFX. I enjoyed what was said about Oanda however they have problems and I didn't enjoy this. I still might go together though because they have more funding options.

I heard there are offshore options but I do not know...

I'm on the exact same boat. Will draw all funds from gft. I am currently trying citifxpro demo. Will set up oanda and ibfx.
us brokers suck. Which like you mentioned, I could move out or trade ofshore

Originally Posted by ;

I am on precisely the exact same boat. Will draw all funds from gft. I am currently attempting citifxpro demo. Will put up oanda and ibfx demo tonight.
us brokers suck. Which I could move out or exchange ofshore like you said

I'm still having difficulty establishing an Oanda demo. I have it downloaded but there is no server. IBFX is working.

Originally Posted by ;

I am still having trouble establishing an Oanda demo. There is no server although I have it downloaded. IBFX is working.

MT4?

You don't setup a demo on MT4 itself. You produce an fxTrade account then make an subaccount to utilize with MT4. They do all consumer authentiion on their servers that are fxTrade. The MT4 of Oanda is merely a bridge for trade processing and doesn't do account admin.

EDIT: that is, fxTrade Practice account, for demos.

Originally Posted by ;

I'm still having difficulty setting up an Oanda demo. I've got it downloaded but there's no server. IBFX is working.

Same here. scan. There are no server.

UPDATE:
just got it. It's finally conected. Cancel window is scanned by that server. From the login with your user credential.

Originally Posted by ;

same here. scan. There are not any server.

I had to know the account number of my presentation and password that I had already made up to enroll to the account. You fund the demonion . Then login during the terminal.
I had to call them to figure out this lol.

Originally Posted by ;

MT4?

You do not set up a presentation on MT4 itself. You create an fxTrade account then make an subaccount to use with MT4. They do all user authentiion on their servers that are fxTrade. The MT4 of Oanda is merely a bridge for trade processing and doesn't do account admin.

EDIT: that is, fxTrade Practice account, for demos.

Originally Posted by ;

I needed to know that the account number of my presentation and password that I had already made up to register for the account. You finance the demo through their website. Then login during the terminal.
I needed to call them to figure this out lol.

What am I speaking, Swahili?

Fine, currently have oanda and IBFX running both MT4
IBFX mt4 platform is same as GFT. It's trade terminal, miniature terminal click order. That is great. One thing I don't like so much , spreads. 1.8-2.1 pip spread on eur/usd right now.
oanda 1.1 pip same pair
GFT and Citifxpro 1.6