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Search: Posts Made By: SMCJB
Forum: Brokers June 17th, 2014, 10:56 PM
Replies: 46
Views: 51,177
Posted By SMCJB
The article is dated March 13th, 2014 and the #1...

The article is dated March 13th, 2014 and the #1 forex broker is Alpari but the Alpari website says that "Following a strategic review, Alpari has decided to exit the US retail foreign exchange...
Forum: Brokers January 13th, 2014, 11:29 AM
Replies: 46
Views: 51,177
Posted By SMCJB
Clearing Brokers have to show capital reserves...

Clearing Brokers have to show capital reserves equal to an NFA mandated 8% of margin posted. So the greater the margin you have open, the greater the capital the broker needs to support your account....
Forum: Brokers January 9th, 2014, 12:32 PM
Replies: 46
Views: 51,177
Posted By SMCJB
Brokerage rates involve more than just how many...

Brokerage rates involve more than just how many round turns you trade, how much margin you use is just important. Somebody who only day trades, should have lower rates than somebody who trades...
Forum: Brokers January 9th, 2014, 12:45 AM
Replies: 46
Views: 51,177
Posted By SMCJB
Mike I'm not sure what your point is. I already...

Mike I'm not sure what your point is. I already agreed that you need to understand what you are and are not payiing for. I was just making the point that talking about side's vs RTs isn't wrong. In...
Forum: Brokers January 9th, 2014, 12:17 AM
Replies: 46
Views: 51,177
Posted By SMCJB
Great advice Big Mike in that you need to...

Great advice Big Mike in that you need to consider the all in fees, and that if your just looking for the cheapest out there you probably get what your paying for.


While I understand your point...
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