Australian (ASX) Stock Market Forum

Looking for a new broker for Forex

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7 January 2014
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Hi guys,

I am hunting for a new broker, I am day trading so im looking for fast action times and low cost spreads.

Brokers i have tried are CMC, Plus500, IC Markets and about to try FXCM and Go Markets...

Any tips and ideas would be much appreciated

Cheers
Dave
 
Hi guys,

I am hunting for a new broker, I am day trading so im looking for fast action times and low cost spreads.

Brokers i have tried are CMC, Plus500, IC Markets and about to try FXCM and Go Markets...

Any tips and ideas would be much appreciated

Cheers
Dave

What was wrong with the ones you have listed ?
 
What was wrong with the ones you have listed ?

Plus500 - had slow access times and i felt the was a misrepresentation of there data vs other feeds.
CMC - are pretty good just to much leverage for my liking.
IC Markets - only a few instruments with tight spread ranges, the rest are a bit far fetched.

and the last two i am yet to draw a conclusion from.

I know there is not going to be a perfect broker but i am keen to find the best balance,

I normally do 3-4 trades a day and mainly forex atm
 
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