Profit Guide to Forex
Forex Profit Systems

Good trading platform for forex and...?

I'm speculating more and more with forex and currency trading and have been trying out the Demos on a few different sites. I've come across a few gems but mostly I'm not satisfied with what I've found and in some cases relatively disappointed.

It might sound like a lot to ask but does anyone have any ideas for brokers that offer the following four features, or at least three out of four...(I will be starting with a few mini and small deposit accounts with around 10 different firms and then judge the best to follow through with.)

#1 Diversified trading opportunities ~ offering currency pairs, indices, options, futures and a large selection of major stocks. (Its very important to me to be able to operate on all my positions from a single platform or broker. Its confusing and and a hassle to switch between different programs, and can result some extremely costly mishaps with your margin when your funds are split up.)

#2 Decent leverage on both forex and shares.

#3 Reasonable spreads, this means absolutely no more than 2.5 pips on the EURUSD(Unless the broker is outstanding in the other three areas).

#4 Web platform as well as application. When traveling I'm on my macbook air which is incompatible with MT4 and most application platforms and doesn't pack enough power to run parrells smoothly.



I'm really looking forward to hearing your ideas and Ill provide some feedback after I try them out.

Thanks in advance!

Public Comments

1. www.interactivebrokers.com

1) Has everything you asked for, although I think currency leverage is x20 (but that`s enough)
2) Little bit more complicated opening procedures than some of the FX sites
3) Totally legitimate - I live in Japan and most of my friends use it as a basic currency exchange (and often a offshore bank)
4) Not high leverage on shares, but then going too high means you`ll sooner or later lose...so:
5) Not aimed at gambling "investors" and so the user interface and usability is more complicated.

2. Download NinjaTrader for a free trial and check it out. I've been using it for years and it's a great platform with a simulator and back-testing and programmable with lots of add-ins and additional indicators and strategies available through the forum.

I trade the forex futures through AmpTrading and Ninjatrader. I trade the spot forex also on a different machine, but I get better fills and better commissions and spreads with futures, and the margin rates are only $500 for forex and stock index futures. The futures are regulated by the SEC, whereas the cash market is run by the banks, so there are less shenanigans with forex futures; things are more as you would expect, fewer surprises.

http://www.ampfutures.com/index.php

3. definitely Forex-Metal broker, suits all your requirements: Metatrader 4, applications for mobile trading (I trade from Android, they have other apps too), 1.8 -2 pips on EURUSD (depending on the time of the day), trading forex and CFDs from a single accounts.