Saxo Bank

Posted on May 1, 2012 by admin
Saxo Bank
Saxo Bank

I am trading Saxo Bank for only 5 months now, mainly for currency trading. This this is not my first Forex broker, so I have much to compare.
That said, I have to say my Saxo Bank experience is not good. The biggest problem is their trading platform SaxoTrader 2. The software is user unfriendly and I found a few dozens of bugs in it. Even the simplest operation like changing the price of a pending order takes ages and tens of clicks. If you are trading frequently or scalping – stay away from this Forex broker.

Another issue is the chart refresh. The process is really slow and this week Saxo bank show me more hourglass then charts, patterns and trends. I’m an experienced trader so I ruled out any possible problem at my end. The most traded currency pairs have the biggest lag and during volatile times it’s getting even worse.

It looks like a overloaded trading server. But when I contacted Saxo support, they told me to check my internet connection and to buy more memory for my computer?!

The Saxo bank platform let you down, however I have had no problems with trade execution. All of my market orders are executed in a second and with little or no slippage.

Saxo Bank – comparison, reviews and ratings

Saxo Bank Official site

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FXDD

Posted on May 1, 2012 by admin
FXDD
FXDD

FXDD is one of the most popular global FX brokers. It was one of the first major forex brokers to offer MT4 platform to their clients 6 years ago and since then it incessantly adds new forex trading platforms to their offerings. Their latest platform is FXDD Swordfish – a desktop trading app offering highly customizable interface, advanced charting and one-click dealing.

FXDD clients can follow a wide variety of signal providers in Zulutrade.com and Mirror Trader – a signal following platform, developed by Tradency.

You can deposit fund using credit card, bank wire, Paypal and ClickandBuy. We recommend you to deposit by credit card – your money will be in your trading account the same day.

During normal market conditions FXDD executes market and pending orders with little or none slippage. However if you trade during news releases, you may experience up to 5 pips slippage, off quotes and requotes on regular basis.

FXDD Official Site

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4XP

Posted on September 9, 2011 by admin

4XP

4XP

4XP Forex Place

4XP is a offshore based forex broker. It’s hard to say where they are registered. There is no address and no regulation info on their website, that’s for sure. You can open a Classic forex trading account with 4XP with as little as $100, but beware – despite the beautiful reviews, they are market maker and trade against you.

However if you want to give them a try, we recommend you their ECN forex account. The minimum deposit is higher ($1000), but you will enjoy much better execution, with no conflict of interest involved.

You can deposit money by Bank Wire, Credit card, MoneyBookers, Click2Pay, AlertPay, WebMoney and Liberty Reserve. We recommend you to fund your account by Bank wire. Deposit by credit card can bring withdrawal problems.

4XP is now giving traders a $2,500 bonus for any $5,000 deposit.

4XP Reviews and Comparison
4XP Official Site

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FXCM

Posted on September 9, 2011 by admin
FXCM
FXCM

FXCM Forex Capital Markets LLC

FXCM

FXCM is a NYSE listed forex broker, regulated by NFA and CFTC in US, FSA in UK, FSA in Japan, ASIC in
Australia. If you are looking for heavy regulated forex broker, FXCM is the right choice.

You can open a micro account with FXCM with as little as $50, but if you want to make some
serious cash, we recommend you Active Trader account. It’s a true ECN forex account – no price manipulation, no requites, no kidding. The minimum initial deposit to open an Active Trader account is $25 000 – money makes money

FXCM has a special offer for newbies. If you are not sure of your skills, you can follow trustworthy
forex strategies brought to you by Tradency and Zulutrade.

FXCM – News, Ratings and Comparison
FXCM Official Site

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Deltastock

Posted on September 9, 2011 by admin
DeltaStock
DeltaStock

Deltastock

Deltastock is an innovative EU based forex broker, regulated by UK’s Financial Services Authority (FSA). They offer the well-known MT4 platform, but we recommend you Deltastock’s L2 forex trading platform. L2 is a fully transparent true ECN forex platform aggregating liquidity from several major forex brokers, including FXCM, dbFX, Dukascopy and Interactive brokers. The L2’s design is a kind of fancy, but once you get used to it, you will love it.

If you want to make some risk-free cash, join Deltastock’s Forex Masters demo forex contest. 1st
prize is 1500 EUR and you will get your money right away. No additional terms and conditions are
imposed.

Deltastock – Reviews and Comparison
Deltastock Official Site

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Tadawulfx

Posted on September 9, 2011 by admin
Tadawulfx

Tadawulfx

Tadawulfx Tadawul FX

Tadawul FX
Tadawul FX is a fixed spread forex broker, founded in 2006. Now, 5 years later they have clients from 142 countries, 170% annual customer growth and 4 awards under the belt. How they did make it? I really don’t know.
Tadawul FX’s spread is 3 pips on EURUSD for accounts under $5,000, well above the industry average. They offer no bonuses. Their MT4 trading platform is a standard solution in the forex industry. Like many other forex brokers they are regulated in Cyprus.
An old school forex broker. Seems that’s just what many forex traders a looking for.

TadawulFx – Reviews, News and Ratings
Tadawulfx Official Site

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Trading 212

Posted on September 9, 2011 by admin
Trading 212

Trading 212

Trading 212

As an experienced Forex trader I have tested many brokers – from scam-companies like Plus500 to Forex gurus like FXCM and Saxo bank. And just recently I found a very different broker with FSA registration – Trading 212.
Trading 212 seems to be one of the very few brokers that have their own platform and does not support MT. I opened an account out of curiosity and was impressed by the simplicity and look and feel of the platform. Customer service is outstanding even for Demo accounts.
Execution is super-fast even on Real account. There are requites but not more than you would expect. All that beauty comes at a slightly higher price than the competitors. For example the spread of EUR/USD starts from 1.9 pips and goes to 4 pips on news time. EAs are not allowed as the platform is designed only for humans.
As far as I can say Trading 212 looks like a boutique Forex broker with unique platform and top-notch execution.

Trading 212 Official Site

Trading212 – Reviews and Special Promotions

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Dukascopy

Posted on September 9, 2011 by admin

Dukascopy

Dukascopy

Dukascopy Swiss Forex Group

Dukascopy
Dukascopy is a Swiss forex broker. In fact, it’s a Swiss bank, so if you decide to open an account with Dukas you don’t need to worry about your money. And what is more, you don’t need to deposit money at all. Dukascopy Bank accepts bank guarantees for deposits over $250 000, so you can keep the money with your trusted bank.
Dukascopy’s JForex trading platform is very user-friendly and what is more important it offers tight spreads and fast execution. The MT4 trading platform is not available, so if you a auto-trader, you need to learn JForex’s programming language.
Latterly Dukascopy has launched a good many forex contests. You can win $5000 writing, programming or trading. It worth trying.

Dukascopy Official Site

Dukascopy – Ratings, News, and Comparison

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FXPro

Posted on September 9, 2011 by admin

FXPro

FXPro

FXPro FxPro Financial Services Ltd.

FxPro
FxPro is a leading global forex broker, famous for its football, rally, and Formula 1 sponsorships. With FxPro you can choose out of MT4, cTrader and a bunch of mobile trading platforms, including We recommend you cTrader – Fxpro’s ECN platform. They offer very low spread and instant STP execution.
It’s very easy to fund your FxPro account – besides bank wire and credit card you can deposit and withdraw by PayPal, Moneybookers and Neteller online payment systems. FxPro is a member of the Investors Compensation Fund (ICF), so deposits up to EUR 20 000 are guaranteed by the fund.
If you a fx rookie, you may find the Margin Calculator, Pip value calculator and Currency converter on FxPro’s website very useful.

FXPro Official Site

FXPro – News, Rating and Promotions

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IBFX

Posted on September 9, 2011 by admin

IBFX

IBFX

IBFX Interbank FX LLC

IBFX
Interbank FX (IBFX) is a US forex broker, regulated by CFTC and member of NFA. For anything we know, IBFX was the first forex broker which lanched MT4 trading platform. Looks like IBFX doesn’t fear innovations – not long ago it became the first US forex broker that launched social trading network. IBFX’s network is called IBFX Connect and it’s open for all traders. You can follow and chat with fellow traders even if you don’t have an account with IBFX.
We like IBFX because of its transparency. They report performance metrics on monthly basis an you can see how many trades they’ve executed, what is the rejection rate an so on.
To fund you account with IBFX is easy and withdrawal is even easier. You can withdraw fund directly from your trading account by IBFX’s prepaid debit card.

IBFX Official Site

IBFX – Comparison and Rating

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