[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[EquisMetaStock Group] re: Forex traders



PureBytes Links

Trading Reference Links


Hi Lynn, short answer, there is no one 'best'.

Most online fx brokers provide free realtime quotes and charting 
through their order entry platform. Spreads vary from broker to 
broker, price quotes and chart updates will for the most part move in 
unison between them, tho there may be a few pips difference on the 
Daily HL prices. There isn't a 'best', however additional criteria 
may decide 'your best selection' based on: reliability; customer 
service; minimum account/trading margin; lot and minilot; no 
commission; instant fills; fixed spreads and so on.

Some charting programs such as MetaStock and Tradestation will link 
with some brokers and/or the MetaTrader program. see: 
http://www.hypertrader.it/freetool.shtml
MetaTrader is modeled on MetaStock, accepts custom Indicators and 
Experts and is now in beta v 4. There are a few brokers in the US 
using MT. Alpari located in Moscow Russia and often used to download 
a renewable MT demo account from: http://www.alpari-idc.com/ are the 
broker to clients world wide to judge by various forums member posts, 
and said to be going through regulation prior to opening a UK office.

The largest US retail fx broker is FXCM: http://www.fxcm.com/ with 
offices in the UK and HK.

Oanda is a broker where the minimum amount trading amount is $1: 
http://fxtrade.oanda.com/ however the spread changes: 
http://fxtrade.oanda.com/resources/spreadstats/spreadsminmax.shtml

See also International Brokers offerings, tho not a dedicated fx 
feed: http://www.elitetrader.com/vb/showthread.php?
s=188db24d0291767295f434a76db871ea&threadid=42660

Pay-for-use price feeds can run into the hundreds of $ per month, and 
are just as susceptible to downtime as free feeds; by far the most 
important feed is the order entry platform.

Cycle through trial demos 2 at a time compare, test then choose.

Wallace.





------------------------ Yahoo! Groups Sponsor --------------------~--> 
$4.98 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/Q7_YsB/neXJAA/yQLSAA/BefplB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

<*> To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/