I Am Interested in Starting an account with them will deposit 100 usd
What's your reasoning?
In my opinion they have idiotic trading conditions (designed to make a traders life difficult).
Do you know anyone who has successfully withdrown profits, particularly larger ones?
Have you checked their standing on sites like FPA? Have you ever read all threads of FF?
Personally I don't enjoy what I read about them, no matter what branch (i.e. UK, AU, NZ).
They're somewhat shady, but I have withdrawn large profits (liquidated my account and hauled all profits) from them and there were no problems (NZ branch). The cash was in my own bank in 2 days. They did not push it a lot, although they attempted to convince me to remain.Originally Posted by ;
The also have excellent spreads as well as prices.
I closed my account for some other reasons, not because I was unsatisfied together.
Thanks for the opinions, Adal, great to know.Originally Posted by ;
Yes, their ECN account phrases look ok, but you need to deposit 1000 ; below it doesn't look rosy for me.
Hi RockitOriginally Posted by ;
What don't you discover rosy relating to our trading requirements?
You can try out our ECN with a Micro ECN account with a deposit by just $200, but we really recommend that you open your account with $1000 or more to get lower risk in your trading in addition to lower commission than our Micro ECN account.
$13.60 AUD commission for one round turn in Gold. This is unquestionably the commission I have ever seen or heard of in five years of trading. Do you look at that rosy?Originally Posted by ;
You shouldn't really be trading gold on a Micro account anyhow and I don't have any clue how you'd have opened 1.00 lots of Gold on a sub $1000 account?Originally Posted by ;
Anyway, if you'd like lower commissions, then you can try a STD or VIP account from us. The identical trade on a STD account would be $6.80 or4.89 on a VIP account.
You are attempting to distract and confuse the unedued here by making a meaningless statement that does not remotely have anything to do with what is being discussed. There's not any gap in paying $1.36 on a 0.10 of a contract contract or $13.60 on a complete contract.Originally Posted by ;
The discussion has been about the micro account being labelled not 'rosy' and also you asking for an explanation. It is not rosy because ridiculously costly commissions are paid by you.Originally Posted by ;
Why not explain to us why the micro account is rosy if that is what you believe.
Or just continue being selective about which questions and complaints you react to in such threads and which ones you ignore or attempt to confuse the point of.
For the record I do believe the states of the STD and VIP account are excellent in comparison to the other Australian brokers.
But there is the problem of reliability of getting orders filled/executed as shown in another thread. Along with also the use of the PDS to maneuver the risk of your f*** ups onto your customers. Though all brokers have the PDS, the ones have it as protection in case of extreme conditions or use it to shirk the duty of what they are paid to do or to maneuver their risk onto their clients. It is just not how a reputable and dependable company operates.