Help... Looking for good broker for large US clients
Page 1 of 843 123 LastLast
Results 1 to 10 of 23

Thread: Help... Looking for good broker for large US clients

  1. #1
    I've been trading time for about 6 months and with having a conservative Elliot Wave type system I've done well. Trust I am not reinventing the wheel here so don't ask me about my method. I would love to begin trading with real cash. Where do I make a deposit and trade and not be concerned about my broker sipping tequilas in the Bahamas and working out together with the deposit? Also I would obviously like where possible good service spreads, and other features such as cellular and net for when I am not else that we here can think of urge. Oh and remember they need to accept US customers. Please give me some direction.

  2. #2
    Define big, are we speaking 50 000 tequilas or even 10 tequilas ?

    Give me a few and I'll recommend a few brokers that would suit your funding size.

  3. #3
    Quote Originally Posted by ;
    I've been trading little time now for about 6 weeks and with using a very conservative Elliot Wave type system I've done quite well. Trust I'm not reinventing the wheel here so don't ask me about my machine. I would love to begin trading with real money. Where can I make trade and a deposit and not be concerned about my broker running away with all the deposit and sipping tequilas in the Bahamas? Also I'd obviously like where possible good provider, tight spreads, along with other features like mobile and net for when I'm not appropriate...
    Unless you are opening with greater than $300k, you don't really have that many excellent options.

    You have not said the capitalization level yet, so here is my brief list:

    FXall:

    - Institutional sizes
    - Professional platform/trade execution
    - API available (fairly powerful)
    - Prime Broker available/compatible (less paperwork)
    - Technology driven

    BARX:

    - Institutional Retail sizes
    - Professional/Retail platform/good trade execution
    - API available (rather weak)
    - Hosted Intermediary into Interbank liquidity (no more PM needed/reduced paperwork)
    - Plain Vanilla Options available (a egy also)

    Divisa Capital FX:

    - Commercial Retail sizes
    - Currenex DMA/STP Hub
    - MT4 Currenex DMA/STP onsite Bridge/Server
    - API available (fairly powerful Fix 2. X)
    - The best retail FX spreads in presence (currently 0.9 pips EURUSD)
    - FSPR and FSCL enrolled
    - Divisa Capital Group office at San Diego, California
    - Securities, Futures, and CFD along with FX tools
    - Technology driven intermediary

    For more institutional information, try VCap FX. You'll come across VCap FX to be very state of the art and technology driven, however you will need to be prepared for an institutional account set-up in every sense of the term.

    And, you cannot discount CitiFX, merely because they're the ONLY U.S. based bank in the game for Retail FX.

    All these are pretty much your options, unless you would like to set-up with a bucket shop on purpose. You can also check LCG, London Capital Group, from London. I am not positive if they still take U.S. based accounts - however they need to.

    As always, do your OWN homework before deciding on any FX intermediary.

  4. #4
    Quote Originally Posted by ;
    Unless you're starting with over $300k, you don't have that many good choices.

    You have not said the capitalization level yet, so here is my short list:

    FXall:

    - Institutional sizes
    - Professional platform/trade implementation
    - API accessible (fairly strong)
    - Prime Broker available/compatible (less paperwork)
    - Technology driven

    BARX:

    - Institutional Retail sizes
    - Professional/Retail platform/good trade implementation
    - API accessible (rather weak)
    - Hosted Intermediary into Interbank liquidity (no more PM needed/reduced paperwork)
    -...
    I am talking about potentially 100K USD. Additionally Divisa and Barx don't accept US clients according to their sites.

  5. #5
    You could try cfh markets or London Capital Group. 100k is not enough to get yourself into a broker

  6. #6
    To be honest. My primary concern is hope. I'm not too worried about spreads or cease loss hunting etc.. This stuff is not relevant to my egy since I am holding onto my rankings for a few days. I want a broker that I can feel comfortable that my money is not and there in my own bank down the road. I would like to understand that if I close my account a day they will only send me the money and not have to go searching where they'll find my money. Basically I would like that my 100k or anything it might be won't be a lot of money for this broker and that I can feel safe about it besides the conventional Foreign Exchange risks since obviously investing in Foreign Exchange is more risky than money at the bank.

  7. #7
    It's like Line stated, your choices are restricted. CitiFX is the obvious place to begin, if your main concern is hope. You will receive multiple platform choices (cellular, MT4, Saxo Bank white label), spreads starting at 1.2 on E/U and since they are a bank your capital is composed to $250k.

  8. #8
    I heard that citi has a tricky acceptance process. Like for example I have been trading for 6 months that sounds good to me especially since I am showing a good profit but I sort of think they will reject me . I suppose that I could lie. What about tradestation? I heard they're good and they did win an award from Barrons. The issue is they don't provide MT$ or even MT5 and that I have a few indiors that function with MT4. On the other hand I heard that MT provides the brokers a lot of opportunities to deceive you but I am assuming a platform could give more.

  9. #9
    Pfgbest, they have ecn and they are a 50 broker with accounts

  10. #10
    you might also go with admd.com that they utilize currenex platform here's a listing of some huge broker most offer forex trading
    https://www.forexforum.co.za/attachm...1993339042.pdf

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.