Broker needed for USA clients. Must allow hedging and participate in rebates.

May 26, 2012 at 00:54
5,156 Zobrazení
39 Replies
Členom od Aug 22, 2010   23 príspevkov
Jun 06, 2012 at 19:33
How about those deposit and withdrawl fees that FinFx charges? Anyone find that annoying?
Členom od Nov 23, 2011   34 príspevkov
Jun 07, 2012 at 02:41
how much are they charging for deposit and withdrawal fees?
#BaseHits Lead to Runs!!!
Členom od Jun 06, 2012   2 príspevkov
Jun 07, 2012 at 10:16
A few of my US mates and I trade with FX Choice and are very pleased with the service and to top it off we get a rebate through FX Rebate Central- worth checking out.
Členom od May 21, 2012   33 príspevkov
Jun 16, 2012 at 09:46
I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.
There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Členom od Mar 19, 2012   8 príspevkov
Jun 19, 2012 at 06:21
My broker accept all client without additional questions. www.paxforex.com
Členom od Nov 25, 2010   12 príspevkov
Jun 20, 2012 at 02:34

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.


dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.
Členom od Sep 04, 2009   28 príspevkov
Jun 20, 2012 at 03:24
This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕
I just trade.
Členom od May 21, 2012   33 príspevkov
Jun 20, 2012 at 14:21

   mkeysor posted:
   

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.


dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.

I trade through BeamFX. As you've said though, FXDD apparently does it now as well. I don't think it will be too long before more brokers jump on the bandwagon. I'm surprised most U.S. traders still don't know they can hedge and exit trades in whichever order they like. This has been around for months...
There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Členom od Apr 09, 2012   26 príspevkov
Jun 20, 2012 at 14:46
ILQ is one that i know that does back office too.
Členom od Nov 26, 2011   126 príspevkov
Jun 20, 2012 at 19:10

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com


You and your Broker are SCAM! PaxSCAM....
My recommended Broker
Členom od Apr 09, 2012   26 príspevkov
Jun 20, 2012 at 19:13
and also rebates
Členom od Nov 25, 2010   12 príspevkov
Jun 21, 2012 at 00:02

   PayPip posted:
   This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

Some people use EA's that hedge the same pair, that's why the information is useful. Quit being hung up on thinking you know everything.
Členom od Sep 04, 2009   28 príspevkov
Jun 21, 2012 at 01:34 (upravené Jun 21, 2012 at 01:38)

   mkeysor posted:
   

   PayPip posted:
   This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

Some people use EA's that hedge the same pair, that's why the information is useful. Quit being hung up on thinking you know everything.

My point is why ? there are so many other options...I don't get it

If it's really that important open two accounts.
I just trade.
Členom od Dec 15, 2010   795 príspevkov
Jun 21, 2012 at 22:34
My home built EA works by comparing the negative correlation between 2 or more pairs. The closer the correlation the better it trades. A broker tha meets the requirments listed would provide me with a better chance to make profits. Just using a different pair can provide some unneeded losses. You can see my charts for review. All charts and the EA is still in beta mode.
Click on my Name to see My Live Charts and Bio.
Členom od Oct 17, 2011   19 príspevkov
Jun 22, 2012 at 16:25
I can't believe this 'professor' is still around. Look at this chart (https://www.myfxbook.com/members/Professor53/professor53-june-15th-edition-ea/328808). He's running some dumb hedge / martingale EA he found on the internet. It made a few good wins but in the end it will blow up his account. Can't wait until he tries to sell this crap.
Členom od Dec 15, 2010   795 príspevkov
Jun 22, 2012 at 18:09
Thanks for the negative notes. Those EAs running on my chart are my own design. I really dont have planns to sell the EA. I only need it to make a positive cash flow with a safe drawdown. My home built EA if you wish to known is a negative correlation setup and lets the losers run and doubles on the winners. ALso has a swing ssytem to reset and balance the trading to prevent the martingale bonus from moving to fast or to high. All my design and all my own. Its not the holly grail, but based on math. No indicators and no filters. Thats why you see so many charts running with different setups. I have a server business and its a great way to test forward since you cant back test a MT4 EA with mulitiple pairs. Once ,( if ever) its safe to trade, I will give you a copy for free to demo and test.
Garry
Click on my Name to see My Live Charts and Bio.
Členom od Nov 25, 2010   12 príspevkov
Jun 22, 2012 at 20:56

   tenix posted:
   I can't believe this 'professor' is still around. Look at this chart (https://www.myfxbook.com/members/Professor53/professor53-june-15th-edition-ea/328808). He's running some dumb hedge / martingale EA he found on the internet. It made a few good wins but in the end it will blow up his account. Can't wait until he tries to sell this crap.
Don't be a weiner. Everybody is on here to try to help other traders out, there's no need to attack or belittle someone. Professor do your thing, you'll figure out something that works for you.
Členom od Mar 19, 2012   8 príspevkov
Jun 26, 2012 at 06:19

   MetaCoder posted:
   

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

Are you against me or my broker?
If you have bad experience show it.
If you are against me, what is the reason behind it?
or you just some IB of you broker, that you are promoted through your profile?
Členom od Nov 26, 2011   126 príspevkov
Jun 26, 2012 at 07:40

   PaxForexTrader posted:
   

   MetaCoder posted:
   

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com

Are you against me or my broker?
If you have bad experience show it.
If you are against me, what is the reason behind it?
or you just some IB of you broker, that you are promoted through your profile?

Am an account Manager. I am aware of many clients with your company who never got Paid as a result of your Ponzi Scheme.
My recommended Broker
Členom od Mar 19, 2012   8 príspevkov
Jun 27, 2012 at 14:49


Are you against me or my broker?
If you have bad experience show it.
If you are against me, what is the reason behind it?
or you just some IB of you broker, that you are promoted through your profile?




Am an account Manager. I am aware of many clients with your company who never got Paid as a result of your Ponzi Scheme.

I think you have some thing to share, please do not hesitate to share your bad experience.
I will not surprise if you are lost tens real accounts and now you are account manager of many demo accounts :-)
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