Broker Recommendation?

coolheat320 · Postby **coolheat320** » Fri Jul 24, 2009 9:06 pm

Hi, I was hoping someone could recommend a Broker for me? I'm looking at scalping the Forex markets, so I need a very low spread. I'm based in the UK.

Thanks for your time

PTG · Postby **PTG** » Fri Jul 24, 2009 9:21 pm

coolheat320 wrote:Hi, I was hoping someone could recommend a Broker for me? I'm looking at scalping the Forex markets, so I need a very low spread. I'm based in the UK.

Thanks for your time

MB Trading is the one.

They're ECN. Although they are the counterparty, they don't trade against you (well at least not against me, I use them too).

TRO is an IB to MB Trading.
http://therumpledone.mbtrading.com/

I highly recommend them. Don't fool yourself because of the commission (as some people do). Spreads are low. These guys are the dogs bollocks :shock:

I haven't come across weird things that you hear from others, e.g. communication stops during news (Alpari).

When signing up through TRO as an IB you will get some nice wannahaves

and I'm not talking about T-shirts but about stuff that can actually earn you money. Unfortunately I can't tell what it is, seriously hush-hush secret stuff under non-disclosure. That's the deal :lol:

so I won't answer any PM inquiries about that, sorry [-X

Seriously: I would seriously consider this if I were you. Really.

Good luck with your choice.

coolheat320 · Postby **coolheat320** » Fri Jul 24, 2009 9:27 pm

Thank you, I was kind of opting towards MB trading after reading all the positive reviews. I will be signing up through TRO when I register. Thanks again

PTG · Postby **PTG** » Fri Jul 24, 2009 9:35 pm

You're most welcome :smt023

GrnFx · Postby **GrnFx** » Sun Jul 26, 2009 5:33 pm

What is the min. deposit for MBT by using TRO as IB? By the way what is IB stand for?

Gary

PTG · Postby **PTG** » Sun Jul 26, 2009 5:51 pm

GrnFx wrote:What is the min. deposit for MBT by using TRO as IB? By the way what is IB stand for?

Gary

IB = Introducing Broker. When signing up at MBT you can fill in a form of some kind. Also send an email to TRO that you've reported him as IB so he can follow things up.

I believe the minimum is 400$ however you better check their website; it's there somewhere.

newschool · Postby **newschool** » Tue Sep 22, 2009 2:04 am

Posting in this thread instead of creating a new one.

I need a MT4 broker with a very clean feed but the spread isn't important since I plan to trade H1. Must be perfectly compatible with EAs.

Something like ATC but with a lower minimum deposit.

jz166 · Postby **jz166** » Tue Sep 22, 2009 3:51 am

PTG, for MB Trading, do you use MT4 or MBT Navigator for live trading ( I mean order entry)?

Thanks!

PTG · Postby **PTG** » Tue Sep 22, 2009 8:40 am

I use Navigator for order entry and MT4 for charting.

jz166 · Postby **jz166** » Tue Sep 22, 2009 6:26 pm

cool, thanks a lot, PTG

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