Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I think they are both good, Dukascopy give an advantage for the non US dollar trader, cose u can open and trade with other currency, so you have not to deal with the exchange of dollars in their own currency, and also thru an introducing agent u will pay less commission.
On the other side MBT is directly supported by NT, if u like to trade with it.
Well, I Thought that I had just about decided on Dukas, but It sure would be nice not to have to learn new software to trade Forex...
But the M6 rebate thing is great, also....
Hmmmm.... More thinking is necessary....
AJ
Nashville, Tennessee
"Life On The Edge of SR"
sam028
Site Moderator
Posts: 3,765 since Jun 2009
Thanks Given: 3,825
Thanks Received: 4,629
You can open an account in Euro with MBT now.
The process for opening an account with Dukascopy is very long, more than 3 weeks, it's much faster with MBT (about a week).
Duka seems to be less expensive to set up and trade, which is more important to me at this point... Perhaps
graduate to MB later.... and truely compare the two....
Just looking to get away from Oanda and see if an ECN makes any difference... I seem to be constantly breaking even at Oanda...
AJ
Nashville, Tennessee
"Life On The Edge of SR"
sharky
MIAMI,FL
Legendary Market Wizard
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906
i dont see how changing brokers or platforms help goto the sharkys realworld classroom and post some examples of how you trade i will see if i can help you with some tips...sharky
Well... Oanda is a market maker. I just want to make sure it is truly my trading that is keeping me at 50 / 50.
I am more or less just dabbling to see which approach works best for forex.
I'll take you up on that help... I'll be firing up my futures trading again at the first of the year, as I have been building up my trading account to a proper size. I learned from this site that I was a bit underfunded to trade
properly...
I'll PM you when I start back up... My Christmas bonus should put me over the top...
AJ
Nashville, Tennessee
"Life On The Edge of SR"
sharky
MIAMI,FL
Legendary Market Wizard
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906
why do you trade forex? i would suggest trading the futures currencies...sharky
I would not denigrate forex spot, especially for starting live trading with low budget. I know most of MT4 broker are buketshop. But i think MBT or Dukascopy are fine for starting, next when u gain confidence with your trading, and see u have an edge, u can switch to currency futures with the right budget.