Reliable MT4 broker for big account - MetaTrader | futures io social day trading
futures io futures trading


Reliable MT4 broker for big account
Updated: Views / Replies:1,975 / 4
Created: by MyTraderAdvisor Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Reliable MT4 broker for big account

  #1 (permalink)
 Vendor: mytraderadvisor.com 
The Valley ANGUILLA Caribbean
 
Futures Experience: Advanced
Platform: TWS,cAlgo,MT4,Ninjatrader
Broker/Data: IB, ICMarkets
Favorite Futures: ES, CL, 6E
 
MyTraderAdvisor's Avatar
 
Posts: 74 since Apr 2010
Thanks: 16 given, 31 received

Reliable MT4 broker for big account

Do you know or can recommend a reliable MT4 Forex broker, with hedge positions allowed, where you could put bigger money (let say more than 100 000) ?
I tried a few personally with small accounts and the same robots, and I found huge difference between them. I stopped all exotic countries and/or the ones with no financial regulation.
An investor want to try one of my (hedge) robots on a bigger account, but I am afraid to recommend any broker.
So if you have any suggestion you are most welcome. thanks in advance.

I believe only in profits, not in prophets.
Reply With Quote
 
  #2 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received

MBT has a Europe/UK branch office which should allow for 100:1 and short & long in the same pairs. Pepperstone (Australia) has a decent reputation with surprisingly tight spreads and quite quick ping/response time with no requotes or MT4 monkey business (at least based on 1 colleague I know that uses them for a low 5-figure account).

I've heard good things about the Integral liquidity pool, and I know they offer MT4/bridge solutions that are in use by a few brokers (not sure about hedging though, since some are US based) - more info on them here: Integral MetaTrader 4 Bridge - they have a few shops listed among their MT4 pages, but few are shops you'll hear recommended IMO. I have also tried a few UK based MT4 shops with a supposed link into Currenex, but their response time and spread was pathetic, so I quickly shut that down.

You could also look into CitiFxPro - Citi is among the top-5 liquidity providers, (Foreign exchange market - Wikipedia, the free encyclopedia) and apparently is looking/striving to return to #1, and they have a $50K+ MT4 option that has decent spreads. I have traded with Citi in the past, and they are little known in MT4 broker-land, but IMO one of the safest places to be. Although US based, I don't think they are grounded by all the Dodd-Frank mumbo-jumbo, but do check that. They used to have FDIC account protection, but they quietly sunset that (and it wasn't applicable to non-USA sourced investors anyway).

Reply With Quote
 
  #3 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
Platform: CQG, Excel
Favorite Futures: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,235 received


Why not EBS if you have the account size?

I wouldn't touch MT4 with a ten foot pole.

Reply With Quote
 
  #4 (permalink)
 Vendor: mytraderadvisor.com 
The Valley ANGUILLA Caribbean
 
Futures Experience: Advanced
Platform: TWS,cAlgo,MT4,Ninjatrader
Broker/Data: IB, ICMarkets
Favorite Futures: ES, CL, 6E
 
MyTraderAdvisor's Avatar
 
Posts: 74 since Apr 2010
Thanks: 16 given, 31 received

LornZ : EBS is for huuuuuge accounts. Too big for me (for now ;-)

Beljevina : Pepperstone looks very interesting. Is Australia very regulated ? Otherwise I would appreciate to deal with a bank like CitiFxPro.

Thanks a lot for those very precious information.
Don't hesitate if you have more ;-)

I believe only in profits, not in prophets.
Reply With Quote
 
  #5 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received


kissandfly View Post
Beljevina : Pepperstone looks very interesting. Is Australia very regulated ? Otherwise I would appreciate to deal with a bank like CitiFxPro.

I don't know enough to give any significant or critical assessment of what type of protection or regulation an Australian domiciled broker provides.

With any MT4 broker, it's key to identify where their business is located, registered, operating from, and to what extent it is regulated - the bigger $ amount one places with them, obviously the more important these questions become. Do bear in mind some of the tricks used by far too many MT4 brokers, where, they appear to give the impression that are located and run from a G7/G20 country like Australia, meanwhile their legal existence and incorporation might be in a place like Mauritius.

One can ask themselves why a prospective MT4 broker chooses to set up their MT4 shop clearly outside the legal reach of their real and residing country, in a place like Mauritius - not exactly known for common law and legal principle reinforcement. The truth is that borders introduce major hurdles in international law, and require costly legal intervention to pursue problem situations, something that the vast majority of often undercapitalized MT4 traders just don't have the resources to pursue, should they have been wronged by their MT4 broker. This is why it is imperative to read all customer agreement/documents before sending any money, including those of an outfit like Pepperstone, to get a better view into what you are signing up for. Also, trying to get some real user's impartial opinion with respectable amounts of capital, is imperative. At minimum, starting with a smaller deposit, making many withdrawals, and then moving up from there.

Yes, MT4 brokers can be scary, evidenced by the alarming amout of monkey business an absurdly large amount of them have partaken in, many incorporated in places like Mauritius, Belize, Republic of Seychelles and other places 99% of people have never heard of. But, with a proper datafeed, and a true well capitalized ECN broker, along with a level of recognized financial certification/control, the odds are on the investor's side that things can run well with a MT4 account; I and many others are running with MT4 brokers profitably. But let's remember the Corzine affair - with people/humans ultimately at the helm, these situations can arise anywhere.


Last edited by Beljevina; April 9th, 2012 at 12:39 AM.
Reply With Quote

Reply



futures io > > > > Reliable MT4 broker for big account

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
AUTOMATED MT4 = BROKER gparkis MetaTrader 7 March 1st, 2013 04:27 PM
MT4 broker with crude oil(CL) data feed Doncorleone MetaTrader 6 April 9th, 2012 12:53 AM
broker with fast reliable data for ES tdeu Reviews of Brokers and Data Feeds 6 January 3rd, 2012 04:51 PM
reliable broker for long term investment bgeorge Reviews of Brokers and Data Feeds 10 August 15th, 2011 12:23 PM
IB (Interactive Broker) account management arjfca EasyLanguage Programming 2 October 26th, 2010 10:20 AM


All times are GMT -4. The time now is 07:53 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.10 seconds with 19 queries on phoenix via your IP 54.234.255.29