asgard2

Hi, these guys look great but I am not really so sure. The good things No dealing desk They answer emails promptly They offer fixed 1 pip spreads on major pairs (except during the news) They are very easy to open a real account with They take paypal They offer 500:1 leverage. Accounts are insured. Scalping is allowed on a per transaction fee. Ok.. this all seems great so I go ahead and download the demo Cannot change the leverage to 500:1 so backtesting and forward testing is out if that is what your EA needs to work. This apparently cannot be changed. Ok.. so I open a real account (super easy) and ask for the leverage to be changed to 500:1 so I can at least backtest my EA. However they will not change the leverage to 500:1 unless you deposit 5000 dollars in the account. I have no guarantee that I can get my money out easily until I try but since I cannot even backtest with my ea, why would I put the money in the first place. Unless someone here has used this broker and are happy with them, then I think I will give them a miss. Something doesn't seem right! Am I too cautious? Please let me know if you have used them and what you think.

Re: [ASK] Masterforex I opened a live account and certainly the data feed and execution is excellent. The customer service is good through the online chat window. They are not great responding to emails. Just because they are Russian doesn't mean they are not good. Hell I went through a nightmare with Alpari UK and I am sure you would say they were good because they are in the UK. They (Alpari) are the worst broker I have come across and I have five brokers besides them (spreading risk). None of which are located in the UK or USA

Re: Fxopen a Scam or not? I think these guys are good. I have found it to be the case anyway. It is a drama to get money into the account and they should have paypal in my opinion. The data feed is actually excellent but the demo servers drop connection a lot (too much). Anyway, I get the vibe they try really hard and are growing very fast.. maybe too fast to pay attention to some detail. For now, they are my favorite broker and I have 3.. looking for a forth