I didn't read the site?! lol. Holy shit, you're worthless. Right on the front page there for you. Seriously, get the fuck outta here
It can't be a STP processing if they are using MT4 since one of the key components of the MT4 platform is the dealer interface. (search the board for related topics)
Just because a broker SAYS they are STP processing does not make it so. If I read their site correctly, they MANIPULATE the price you are quoted by adding their commission into the spread? How is that STP? An MT4 platform is all about manipulation. (Is MT5 out yet? Supposedly does away with the dealer plug-in) http://www.google.com/search?q=MT4+...nipulation&gs_rfai=&pbx=1&fp=9bef8cda26d1a6ec Did you also notice they let you fund your account with credit cards? You know who also allows you to use your credit cards to gamble away your money? Casinos.
athlonmank8, SmartTradeFX? Are you f'ing kidding me? First of all, this MT4 chop shop is completely unregulated, incorporated out of Hong Kong, and their bank is based out of Cypress. Yeah that sounds completely legitimate. Oh and here's a gem from their terms & conditions: "The Province of Ontario, Hong Kong is the jurisdiction where STFX is incorporated." Really? The Province of Ontario, Hong Kong? Odd that doesn't appear on any map.. Mailing Address: SmartTradeFX 100 King Street West, Suite 5700 Toronto, Ontario, Hong Kong M5X 1C7 So they sloppily appended "Hong Kong" to their Ontario address? Sounds like they got the fuck out of dodge when they realized they were operating an illegally unregistered broker under Canadian law, so they just hastily reincorporated to some postal drop box in friendly HK.. Do you do any research whatsoever before handing some complete stranger your own capital? If you want insane leverage that badly, trade the CME futs through a low margin house like GlobalFutures, $900 intraday on the EuroFX = ~180:1. Hang yourself is right though, I can't believe you've been here for 3 years..
That address is for a virtual office: (minus the Honk Kong thingy, that is) http://www.intelligentoffice.com/locations/ontario/toronto/toronto-(first-canadian-place).aspx
Easy there turbo. There's no money going anywhere yet. See that's your problem, you automatically make assumptions. I hope your trading isn't the same way. lol really? Why's that? I would assume anyone trading the 6E at that leverage is retarded too? Your last argument doesn't even make any sense so unfortunately I can't argue. What does 3 years have to do with ANYTHING?! FX is one of the few places you're going to find this shit and I don't have time to research every damn broker on the net. I like your DD though so I owe you a thanks!
On a side note, how come everyone's an asshole on this silly site?? Everyone has to take out their personal frustrations on other people? That's how traders are huh? Life sucks so get pissed. If you're just going to take your personal failures out on me, then don't bother with the shit comments.
The thread went sideways pretty quick, and you're as much at fault as anyone. Seriously, I can't imagine a worse place to park your cash.
Anyways, I go through Interactive and I trade 1/2 lots. @ $5 R/T plus the spread I'm making a fraction of my gross P&L. I need cheap, so i'm looking for a 2nd broker. It's simple. My problem is that I trade too small, leverage has NOTHING to do with it (why should I mail off 50:1 when I could reduce that by 1/4)? It's simple logic, but it escapes your reasoning. I'm looking to fund this account with a few G's since it's a side account.
Oanda. I don't see the need for 200x, as you're not going to be doing any hedging. Hedging is for remedials who can't dissect synthetics. You can do plenty of damage with 50x.