Electric - I have friends trading with FX Solutions who are very happy with them. Withdraw their money OK when they want to -have been using them for almost a year. And you can hedge if you want to - and they offer higher leverage than Oanda - if those two criteria are important to you. Frege - With the greatest of respect I don't think Danish law is going to protect a non Danish resident. I fly home to the UK today and will be calling UK brokers who also have to protect clients funds up to 40K euro's - must be a EU thing - I thought it was just the UK's Financial Service Authority. Merry Xmas everyone. Here's to a peaceful and profitable 2006!
Thank you. I'll be using my trip home to do my due diligence. I'll let you know my findings upon my return. Merry Xmas.
Unlike US brokers, your money is safe with all brokers inside EU, because there is a EU insurance system, which covers the loss you get, if your broker goes broke. Believe it or not...
That's beside the point we're discussing. Will the "EU insurance system" compensate you for your dealer's unfair dealing practices?
I also have account in Saxo, Oanda and in the third US broker. Every has its + and - . I think it's not right to have all sum of money in the hands of one broker. Diversification is the important element of money management. By the way, I don't know how it's now but in past if your account was more then 50-100K you could open a segregated Oanda account with JP Morgan Chase bank.