Problem by rohit: Who is the finest non dealing desk forex trading broker?
I want to start off off with Fx Trading. I want to know the real website for Forex trading investing. Only the names of forex trading brokers which are non dealing desks. Make sure you get back again to me ASAP.
Finest answer:
Remedy by Randy
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July 10th, 2011 at 2:19 pm
The word “best” is a relative term, to which you do not illude; best spreads, best trading platform, best executions? A lot of beginners consider lowest spreads to be “best.”
Whether forex brokers are “non dealing desks,” I do not know, but easy enough for you to check out.
Spreads are fairly equivalent throughout the legitimate industry. That is not the most important question.
Your trading platform is most important, with a good data feed. Executions are more important than the spread, because they can eat up your penny or two spread difference on just a few trades if they’re sneaky. The rules they apply are more important than any spread difference. I had one forex broker at FXDD that wouldn’t take market orders in a fast market around reports. Incredulous.
Anyway, the best way to take a look at forex is to download NinjaTrader for free, and use the simulator that comes with it. The futures and forex datafeeds are free also.
http://www.ampfutures.com/index.php
The futures and forex data feeds are free. I get better fills with forex futures, but have NinjaTrader with forex spot installed on a separate computer and trade both. Futures margins are less than anywhere I’ve found, at $ 500 for forex futures and emini S&P and Dow. AmpFutures uses Dorman for their futures broker, and the Forex spot account is through Forex.com and Gain Capital. The Ninjatrader people will set you up with all of it.
I’ve tried several forex brokers and trading platforms, but Ninjatrader rocks, and it’s free
I’m pretty sure Thinkorswim also allows trading of forex futures. In fact, most futures brokers will trade forex futures.
July 10th, 2011 at 2:55 pm
I strongly suggest you consider Forex Fap Turbo and you can get a good broker easily through them without a lot of extra hassle. Forex Fap Turbo is probably the most popular system on the go today.
http://fapturbo.automatedforexplatform.info
You might also want to check out the Forex Money Train software though in your case I might suggest the above. http://automatedforexplatform.com
July 10th, 2011 at 3:39 pm
Personally I use a broker in UK. Their fees are low. I use their account in conjunction with a software program in forex currency exchange.
Check it out.
I hope that help
July 10th, 2011 at 3:47 pm
Forex-Metal is a good non-dealing desk broker. I recommend it.