I was trading in Europe now I moved back to Canada and looking for a forex broker. It seems being in Canada is an issue for brokers.
I am looking for one that has good spreads on the 6 major pairs during 5am-6pm EST and allows for MT4 trading. I prefer ones that allow for SL/TP orders ... i.e. instant execution rather than market execution. I am not scalping so that should not be an issue. I am currently using Oanda for now but I don't like the spreads during certain times and it uses market execution so I have to go back and modify orders to add SL/TP. However, if Oanda is the best, I guess I will stick with it.
Please let me know what you think. Thanks.
discussion on brokers, order execution, order automation and everything broker-related
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