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Thread: True ECN STP and Regulated Broker for $500 account?

  1. #1
    Hello Members,
    These are my Needs:True ECN STP NDD for depositing $500 account (If No minimum deposit can be obtained then more good) Regulated under UK law capital protection. Low Commission and disperse MT4 Free VPS (with monthly lots) Fund Managing Platform, PAMM service. Hope its not too much too ask for!
    I use Roboforex, but their 2 different company names varies in services bugs me. Looking for options.

    Regards

  2. #2
    Quote Originally Posted by ;
    Hello Members, These are my requirements: True ECN STP NDD for depositing $500 account (If no deposit can be obtained then more great) Regulated under UK law funding protection. Low Commission and disperse MT4 Free VPS (with monthly lots) Fund Managing Platform, PAMM service. Hope its not too much too ask for! I already utilize Roboforex, but their 2 distinct company names varies in services bugs me. Looking for options. Regards
    Hi I would recommend you to take a look at tickmill , lots of people here have account with them, somewhere I read someone inforexforum.co.zahad withdraw a major number without any problems, I commerce vipro however they are cysec regulated(go with FCA better). Tickmill I think the are a part of armada markets not sure for that. One difficulty is they only support MT4. Other ECN is dukascopy since I know and you might take a look at the web witch brokers are spouses of Lmax, they will be ecn's that are real.

  3. #3
    Quote Originally Posted by ;
    quote Hello I would recommend you to look at tickmill , lots of individuals here have account together, somewhere I read somebody inforexforum.co.zahad withdraw a major amount without any problems, I trade vipro however they are cysec controlled(go with FCA greater). Tickmill I think the are part of armada markets not certain for that. One difficulty is that they only encourage MT4. Other real ECN is dukascopy since I know and you might also have a look at the web witch brokers are spouses of Lmax, they will be ecn's.
    Hello thank you for your reply.
    Well I utilized tickmill before , tickmill and roboforex has same spread and commissions , only thing is roboforex is controlled.
    About dukascopy I heard we need to send physical record, I don't know its true or not. Plus they don't support 3rd party payment bank payment which I dread our bank may not allow.
    To Lmax same thing.

    Together with roboforex they have two separate body with separate regulation. Roboforex Ltd with IFSC where all rebate vps offers accessible. Roboforex CY ltd where only amount insurance accessible with FCA regulation.

    I figure I need to go with FCA regulation.

  4. #4
    Quote Originally Posted by ;
    quote Hello thank you for your reply. I used tickmill earlier , tickmill and roboforex has disperse and commissions , just thing is roboforex is controlled. About dukascopy I heard we will need to send physical document, I do not understand its true or not. Plus they do not support 3rd party payment, direct bank payment which I dread our bank may not allow. For Lmax matter. Together with roboforex they have two separate body with separate regulation. Roboforex Ltd with IFSC . Roboforex CY ltd where just sum insurance...
    Roboforex has IFSC regulation (offshore) not sure it falls into the egory of reliable regulations. It is UK FCA broadly recognized reliable watchdog also I can't find details regarding their compensations for traders. .

  5. #5
    I indie XM or Tickmill zero account kind.

  6. #6
    Quote Originally Posted by ;
    Hello Members, These are my requirements: True ECN STP NDD for scalping $500 account (If No minimum deposit is available then more good) Regulated under UK law capital protection. Low Commission and disperse MT4 Free VPS (with monthly lots) Fund Managing Platform, PAMM service. Hope its not ask for!
    Should use real world money - you would like to buy brand new Ferrari and you would like to pay no greater than $10000
    In forex world - there are enormous number of bucketshops who actually gong to offer you Ferrari for $10000.

  7. #7
    Quote Originally Posted by ;
    Hello Members, These are my needs: Authentic ECN STP NDD for depositing $500 account (If no deposit can be obtained then more good) Regulated under UK law capital defense. Low Commission and spread MT4 Free VPS (with yearly lots) Fund Managing Platform, PAMM service. Hope its not ask for! I already use Roboforex, but their 2 distinct company names changes in services bugs me. Looking for options. Regards
    For my experience 500$ is to low to start a successful trading account.

    The best method is to loe some broker that offer bonuses so you integrate your money with addional resourses.

    Another thing that you could do would be opena Micro account.

    I suggest XM.


    The motive is very simple, on a typical account the minumum lot size that you can start is 0.01 but that means you will start a 1.000$ position on a 500$ account.

    Doesn't sound a good idea. .

    0.01 = 1.000$
    0.10 = 10.000$
    1 Lot = 100.000$

    As you can see you are using too much leverage in this way with only 500$ in the account

    I suggest you to go to get a micro account with bonus

  8. #8
    XM has his very own cards and u can use them for all these puropse with no care that somone can monitor you exact same issue in my area great fortune.

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