Quote:
Originally Posted by forexman
Do you need hedging ability? Then, no US brokers.
Do you prefer fast execution (Dealing Desk) or do you prefer tighter spreads with floating liquidity? (ECN)
Lots of options out there.
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First, when you are comparing brokers, you need to have clear criteria in order to make an efficient comparing. All mt4 are actually the same and the main question is how the brokers use this platform, which makes the difference between the brokers. From my point of view, when I look for a broker I want to get the lowest spreads, fastest performance and I trade only with ECN STP brokers. I have gone through many brokers in the recent years and my account eventually settled at Alpari UK, which has a great MT4 platform. However, I kept looking for new brokers and 6 months ago I started checking the demo of a broker named sunbird fx. The results were surprising: much faster broker, no requotes at all and very low spreads. After a while I opened a live account of 1000$ and the results are still great, I seriously think to make this account my primary, but I will wait few more months for that.