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Zecco.com » Foreign Exchange (Forex) Trading » Currency Trading » FOREX........ trading platform
Last post 06-03-2009, 7:42 PM by stratcat2005. 6 replies.
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  •  11-01-2007, 5:35 PM 17179

    FOREX........ trading platform

    Reply Quote
    Hi, as we all know Zecco is the cheapest trading account for stks, does anybody know where the cheapest place is for speculating in the Forex mkt. thanks.

  •  11-02-2007, 9:45 AM 17212 in reply to 17179

    Re: FOREX........ trading platform

    Reply Quote
    cheapest is not the best when it comes to forex. Most forex brokers only charge you the pip spread, not a commission. It is filled with some unscrupulous activity. One of the best forex brokers I've seen is Oanda, and their spreads are near the top of all forex brokers. Forex.com has slightly better spreads but I think Oanda has better tools.
    TargetTrading
    (Disclaimer: information in this post is for learning purposes only, not for trade recommendations. Users assume liability for trades relating to information posted by wdewerff.)

  •  11-02-2007, 11:05 AM 17220 in reply to 17179

    Re: FOREX........ trading platform

    Reply Quote

    You can look up the Forex broker comparison including platforms.

    http://www.digcent.com/forex_brokers.htm

    Some of brokers offer fee-free brokerage.

  •  03-31-2009, 5:12 PM 53139 in reply to 17179

    Re: FOREX........ trading platform

    Reply Quote
    As you may have noticed, Zecco has just added forex trading to its product family. Check it out:

    Zecco Forex – Currency Trading

  •  05-31-2009, 3:33 PM 56434 in reply to 53139

    Re: FOREX........ trading platform

    Reply Quote
    Is your platform MT4 compatible and can I use EA plugins? It's impossible to get an answer.

  •  06-02-2009, 3:23 PM 56600 in reply to 56434

    Re: FOREX........ trading platform

    Reply Quote
    Stratcat2005,

    Please find below the answer to your question as provided by Zecco Forex:

    "Zecco Forex currently does not support MT4 (MetaTader4) and EA (Expert Advisor) plug-ins. We are actively in discussions around creating this capability, however we do not have a specific date yet.
     
    Thank you for asking the question – we think it’s a great one. We would love to hear more about how you use MT4 and EA plug-ins."
     
    Hope that helps.

    Zecco Editor

  •  06-03-2009, 7:42 PM 56809 in reply to 56600

    Re: FOREX........ trading platform

    Reply Quote
    First of all:
    Thank you for the reply!
    I am aware of the fact that Forex trading is extremely risky and 95% of new traders lose. However, over the past few months, I have discovered that EA robots on the MT4 platform can bring some results and this sparked my interest. Of course, you have to cut past the hype and the faked results and test the robots out for yourself; although there are a few trustworthy sites that test out brokers and robots like the Forex Peace Army, the scams abound. There are a lot of considerations to take when you open an account with a Forex broker. Are they an ECN or dealing desk? Where are they regulated? In the USA or Kazakhstan, or not at all? Do they allow scalping and EA's?  How are the spreads? Or are they just plain SHADY? I have heard that some brokers throw spikes at your chart to trigger your stop loss! This is why I have been asking if I can do this with Zecco because I already have an account and it already has been linked to my bank. I tried the Zecco Forex demo, but I see that I'm not going to get what I wanted from it, so I uninstalled it.  This week, I am running demos with Tradeview FX and FX CBS. They need to run for a few weeks to see how they work out. In the meantime, I am trading options with Think Or Swim since September. Hopefully you can put together a Forex program with competitive spreads. I'll be looking forward to it!
     
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