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What happened with InstaForex? Instaforex disabled Expert Advisor functions from my platform. Once they disabled the EA functions, my open orders could not be managed properly and Idraw could not place a pending order for a break out. The only proof that I have is a gap in the log file, a screenshot of Price going through my trendline without opening up a pending Long position, Open Sell orders that should have been closed out at Breakeven and the chat session activity from a ForexIRC room . I woke up to find out that the IDRAW never opened the pending long and the Order manager never adjusted my Stoploss in the Selloff. I have contacted Instaforex about this matter. I know and I have proof that I was not disconnected. If the broker disconnects me, the EA linked to IRC will say ” Shutting down now, GoodBye” and the reconnect will say “Hello traders and bots!” MetaTrader is designed for Brokers and not traders. If you would like a Copy of the Virtual Dealer Plugin Designed By MetaQuotes please contact me. With this Dealer Plugin, the brokers have a sufficient way to cheat you in many ways.

Dear Client,
In conjunction with our legal team we have established that there is one main exemption to the CFTC regulations for those traders classed as Eligible Contract Participants. An ECP is defined in the Commodity Exchange Act and we have copied the extract at the bottom of this email. One of the most relevant points is as follows:
(xi) an individual who has total assets in an amount in excess of—
(I) $10,000,000;

If you believe that you qualify for point xi and you have total assests in excess of $10,000,000 we understand that you qualify as an ECP and therefore would be exempt from the new CFTC ruling on retail OTC Forex.

-Very interesting loophole. If you have lots of money, you can do as you wish.

• The retail trader isn’t allowed to hedge but the institutional trader can
• The retail trader has to deal with FIFO but once again the intuitional trader need not worry
• 100:1 down to 50:1 & 20:1. Why? Of course your account will shrink faster if you’re on the wrong side with 100:1 opposed to 50:1. Common sense.

Why should all of us who apply proper money management have to be penalized because other Forex traders lose all their money? Are the brokerages stealing it? No. Most trader’s just don’t understand what they are doing.

Sure all brokerages should be registered, licensed, watched, etc., etc… But did rules stop Enron from destroying people lives? Nope. Did it stop Bernie Madoff from screwing people out of a lot of money? Nope. Did it stop MCI from losing peoples investments after their bogus accounting entries imploded the company? Nope! Weren’t they all being watch and regulated too? YES.

AdvancedMarkets-

“Choose the wrong broker and you may find yourself fighting an uphill battle. Choose the right broker and you have an ally that will level the playing field for you. That’s what you get with Advanced Markets.”

If you want absolutely the best ECN RAW Spreads available, you need to request a demo account today.

I Want Your Money

Brokers who will continue to accept new U.S. clients
Tadawul FX (Cyprus / Switzerland)

AAA FX (Greece)

Dukascopy (Switzerland)

MIG (Switzerland)

ACM (Switzerland)

Saxo Bank (Denmark)

Forex FS (Australia)

IG Markets (Australia)

Forex CT (Australia)

WSD (New Zealand)

FBS (Mauritius)

FX Open (Mauritius)

FX Company (Mauritius)

forex-metal (Panama)

Marketiva (British Virgin Islands)

Forex Place – 4xP (British Virgin Islands)

FXCBS (British Virgin Islands)

Insta Forex (Russia)

Lite Forex (Seychelles)

Here’s the link to a good explanation of what just happened: http://www.investmentlawgroup.com/in…227&Itemid=127

Here’s what someone could or might do to avoid the CFTC Regulations:

1) Form a legal entity to conduct your trading business, whether you have a billion dollars to open an account somewhere or not. The point is that you should have been trading under legal business entity from the word go.

2) Make the legal entity either an LLC, LLP or Corporation registered in the nice state of Nevada. A stronghold for many business entities that belong to MANY United States Congressmen and Congresswomen (but, of course, they don’t tell you this). Delaware, used to be a good state for this, but they have become lax over the years and more reciprocal with the Federal Government over the years. Or, create a foreign legal entity (limited liability company and/or corporate structure) and register that entity as doing business in the state of Nevada (establish a business address locally).

3) Open/establish a primary holding bank account of your legal entity with an foreign bank. Preferably, Swiss, but the Caymans, Bahamas, etc., works as well.

4) Open/establish a foreign FX Commercial or Institutional Trading Account – preferably with a foreign FX Intermediary that also happens to be a bank regulated outside the United States.

5) Create a small foreign charity or philanthropic NPO of your own selection having its “headquarters” outside the U.S. Then register that NPO as having a “presence” in the United States.

6) Open/establish a business account for the foreign NPO, here in the U.S., with you as the Founder/President/CEO [which will justify the compensation and benefits package paid to you each year]. If you list yourself as the “Janitor” and you net $1MM per year in total compensation, that won’t fly. Unless you are the CEO of Waste Management, that certainly won’t fly.

7) Establish a smaller personal bank account locally, here in the United States, from which you pay your normal and routine monthly expenses. Don’t let hat account balance exceed $100k. When it does, open another personal bank account locally and repeat the process. Keep most of your trading capital inside the commercial/institutional trading accounts of the trading firm established above (where of course, you are Managing Director/Chief Trading Strategist/CFO/COO – as well as having CEO authority, or some title(s) like those).

The next time you open up a New Forex Account, you should consider opening an account through a Rebate company. I am using this company for my Rebates. At the end of each month I receive a Paypal or Alertpay deposit based on my trading activity. And, if you know how I trade, then I am sure you can imagine the extra monthly bonus that I receive. Rebate programs is the perfect incentive to learn how to scalp.

Market Makers-Interbanking
-To the idea of chasing stops – Yes, this did occur, quite often. During news times mostly. We would see where stops were with our clients, we also had a good idea where market depth was, and we would send through volumes of trades to take them out, in order to make money for the bank.
-In terms of position trades – there was a lot of these taken, and these were taken to produce yield for the surplus of funds held on the banks account. See the division where I worked was a trading house – so a lot of the trades and the traders made a lot of their money from quick profitable trades, with considerable leverage.
How to determine a trade
- information from the market and their clients,
- momentum, and
- technicals.

Learning how to become profitable isn’t easy, but reading up on successful traders is.

If you have not heard of David Harding than you must.

Can we print more money than we spend?
http://www.usdebtclock.org/
http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html

Lets Find out!
Hyper Inflation vs. Deflation

Before investing into Forex Managed Accounts, you should read this article on FOREX PEACE ARMY.

http://www.forexpeacearmy.com/forex-forum/forex-basics-boot-camp/2407-how-not-lose-all-your-money-managed-forex-account.html

Is renting a better bargain than buying a house now, in 6 years or in 30 years?

http://www.nytimes.com/interactive/business/buy-rent-calculator.html

Historical mortgage rates – http://www.mortgagenewsdaily.com/mortgage_rates/charts.asp

Its not illegal to trade with an offshore broker.

The Franks-Dodd bill makes it illegal for brokers who have locations in the US and who takes the opposite side of their clients trade, to be regulated with CFTC/NFA. This rule refers only to bucket shop brokers that has locations on US soil. This does not include bucket shop brokers who has NO locations or affiliations on US soil. You can trade with any bucketshop broker overseas as long as that broker holds not locations/affiliation to US.

FXCM and others who opened up shop overseas screwed up because they moved to the UK but left the US division opened. Under the Franks-Dodd, FXCM is still regulated under US rules because they had a location/affiliation on US soil. Though US gov can’t regulate FXCM UK, they can give all kinds of legal hell to FXCM US for moving US clients to their FXCM UK affiliates. What FXCM should have done was, moved to the UK and completely closed their US wing. This would have allowed them to keep their clients, keep leverage, and not have to worry about US regulators. (They should have fired their legal team for not knowing this).

Frank-Dodd bill has no barring on US brokers that does not take the other side of their clients trades, so brokers like, Interactive Brokers who passes clients trades on to the real market and/or matches one client trade with another clients trade, are excluded from the Frank-Dodd bill.

US regulations can not regulate brokers on foreign grounds. US regulators can only regulate brokers with ties and affiliation on US soil.

Brokers like Dukscopy are idea brokers to trade with because Dukas doesn’t have any US locations/affiliations nor do they take the other side of their clients trades. Dukas is accepting US clients. I’m personally moving my personal trading account to them at the start of 2011. Friends of mine has opened accounts with Dukas with no problems.

—–

The key thing to know about the bill is, Brokers taking the other side of clients trades. US regulators feel bucket shop brokers manipulate the market which is what Franks-Dodd bill addresses. Bucketshops will have a hard time in the future as regulates are looking to change their business model towards something similar to Equities/Futures. Regulators are wanting the forex market to mimic ECN brokers business models, to where price is passed through to the real market and/or brokers match one clients trades with another clients trades, eliminating brokers taking the other side of clients trades. Its been deamed as unfair on the brokers (bucketshops) part.

Brokers like Interactive Brokers and other REAL ECN are (at the moment) excluded from Franks Dodds which is why those ECN brokers are able to continue to offer 100:1 or 200:1 leverage, even though most ECN only allow their clients to trade with no more than 50:1 leverage. Overseas ECN usually offers 100:1 leverage.

So, stick to an overseas broker that does not have any US ties. A lot of traders are moving to brokers located in Australia as most of AUS brokers don’t have locations in the US. Though, most overseas brokers stopped accepting US clients because of the Frank Dodds bill, there are a few around the world that will cont to accept US clients.

Happy New Years and Hello 2011. Today is a special day for myself and Pipinvestment as we have renewed our Domain name for another year.

We are starting off 2011 on a positive vibe because of these three main factors.
1. More Experience
2. An honest ECN Broker
3. Better Trading Tools

Let the trading begin!

Ponzi Scheme robs investors of $3 Million – http://investorswatchdog.com/blog/investorswatchblog/?p=3110

How the make really works –

Timothy Sykes exposes the truth behind pump and dump Penny Stock Scams: http://wealthinsideralliance.com/timsykes/stockscamalert/

US DEBT CRISIS :explained
-http://www.businessinsider.com/how-to-tell-when-the-debt-crisis-gets-serious-2011-3#ixzz1HNnrfQBP

Manage accounts with any broker – http://multiterminal.net/metatrader-multiterminal-buy.html

NFA continues to knock down doors in the USA –

http://www.nfa.futures.org/news/newsRelList.asp

Our VPS provider : http://www.swvps.com/windows-vps.html Services located in Texas and UK

DBFX is the same Broker as FXCM – Same Servers, Same Customer Service, and Same Trading Platform. — http://www.forexfactory.com/showthread.php?p=4615308&posted=1#post4615308

- http://www.forexfactory.com/showpost.php?p=4615036&postcount=15

You got to read this:

http://www.federalreserve.gov/newsevents/speech/bernanke20110516a.htm

Currency Printing, No Gold and Silver reserves to back our countries deficit. This will be the largest shift in wealth ever known to mankind. Get rid of your Fiat Currency and get yourself a pile of real commodities.
http://www.youtube.com/watch?feature=player_embedded&v=E5VNAEmmBQM#

GOMARKETS GETS EVEN BETTER WITH LOWER SPREADS. I’ll continue to miss you GO. – http://www.gomarketsaus.com/what-is-forex/spread-comparison/

More investment Fraud — http://www.nfa.futures.org/news/newsRelList.asp?Year=2011

I once wrote ” Fck metatrader || Learn JAVA Now ” on March 13 2009, a Saturday…

FX PREMIERE –
http://www.fxpremiere.com/ = SIGNAL SERVICE SCAM
-I requested a Free Trial after asking them many questions about their TRADE SHEETS which they use for their pst performance. The trade sheet doesn’t even include the Time of Entry and Exit, therefore you can not verify their performance. Nor do they have track-able performance history by a third party verification system.
When I asked for trade verification, this what they said
- ” Best bet is to subscribe to our signals and start receiving signals daily sir.”
After a Free Trial which was a few trades with 50 pip Targets and 300 Pip Stoploss, they say
- ” If you open a Live Account under our IB group 801149 with TadawulFx using the following link we will happily supply you our SMS & Email signals daily for free. https://www.tadawulfx.com/v2/register/index.php/ib/801149”

Signals like
– BUY EURUSD(1.4402) TP:1.4431 SL:1.4303
- SELL CRUDE OIL(CLN1)(91.54) TP;40 PIPS SL;93.73

Why a Scam?
Screenshot of MetaTrader Platform with Trade Entries ( Fake)
No verifiable Trade history ( Worthless)
Over 20,000 customers ( Lie)

Did you know that there are well over 400 Forex Signal providers on Forex Peace Army – http://www.forexpeacearmy.com/public/forex_signals_reviews

A list of the best Forex Blogs:

http://www.kathylien.com/site/

http://fxpath.com/

http://currencythoughts.com/

http://forexmagnates.com/

http://trading-u.com/blog/

http://forexblog.oanda.com/

A list of Forex Expert Advisor Review sites

http://forexrobotnation.com/blog/

http://www.pipcop.com/

http://www.best-forextradingrobot.com/

http://eareview.net/

http://bestforextradingreview.com/tag/forex-ea

http://www.forexeasreview.com/

MetaTrader Decompiler protection: http://www.fx1.net/wiki/pmwiki.php/Guardian/GuardianEXE

http://milliondollar.cnbc.com/

FSA is useless – Alpari continues – http://www.forexfactory.com/showthread.php?p=4910037#post4910037

–http://www.forexfactory.com/showthread.php?t=299780&page=16

Remus Miclea’s approach to trading systems are closely related to the pips expectancy of that system. His simple example displays why Million Dollar Pips or MDP for short only has a pips expectancy of about 2 pips and after slippage, commission, and latency the MDP user continues to jump around from broker to broker hoping to find a suitable environment to make a few pips. Here is Remus’s thread where he shares his approach of finding a suitable trading system.

Now after reading his thread, you will better understand why MDP is working ( profitable ) on demo accounts while live accounts are facing some difficult situations. (hence, no live accounts under the commercial vendor of MDP ).

Million Dollar Pips Vendor’s DEMO account

- List of LIVE accounts below -
** I’ve never used this robot, nor do I understand the unique setup that is required for this EA to work properly.

FX4thai Active Account -Think Forex

Zsfelber Active Account – Think Forex

Hubertus88 Active Account – Pepperstone

BIRT – MDP – Broker Unknown

Truly a great article about how GDP figures are skewed from true inflation ( you know, the difference in energy and food prices). And, proof that the United States has been in recession A MUST READ:

Nial Fuller lost his marbles. Why? Its quite simple really, he states that percentage gains/losses are not the best way to keep track of risk management as he prefers Dollar’s Gained/Dollar’s Lost which is completely fine but I think you forget that your Dollars and cents can be represented by a percentage gained/lost. Am I wrong?

Its truly amazing how other traders think. I came across a trader on Myfxbook that has some outstanding statistical figures like ooh 99% winning trades 200% gains etc. It all sounds good when you are selling something or looking for money to manage but the truth behind the actual system is flawed based on 1 factor alone. No stoploss. This isn’t the first account we’ve came across that looks good but has a level of risk that many fail to understand. So what does the user do to generate these gains and statistics?
It’s quite simple actually. Its called “Deceptive Fund Transferring”. How does it work?

1. Start with a small portion of your risk capital

- If you would like to start trading with $5000 only insert $500 into your account.

2. Don’t use a Stop loss and use Take Profit Logic

- like Move TP to Breakeven if trade does not reach the TP within a 1 Day

3. Control your excessive Draw-down by adding more risk capital

- This is the loop hole that allows the trader to survive with out proper risk management
- Lets say the account is at 60% equity with a $500 deposit, now the user will add another $500 or $1000 to increase the equity to 80%+ which then allows the user to continue to trade with out a stoploss.

Now you have a system that doesn’t necessary mean anything. I’ll add more soon. Gotta run..

The system — http://www.myfxbook.com/members/CuongVC
The Motivation to share –
http://www.myfxbook.com/community/experienced-traders/live-track-record/162176,1#?pt=2&p=3&o=162176

A must Read:
Obama’s proposal and why republicans don’t care – http://www.nytimes.com/2011/09/05/opinion/the-fatal-distraction.html?_r=3&ref=global-home

Run Mt4 from your Android Phone – http://mt4remote.com/index.php/en/how-it-works.html

and one more – http://forexonthego.com/

A great Post from a member at Myfxbook about SLIPPAGE

-

“” I am not sure where you are getting your information. I am getting mine from people that have looked into setting up brokerages, people who have worked at brokerages, and from people who work at the liquidity providers, like boston technologies. The accounts you really have to watch the brokers for is the 4 digit price feeds. Those are run through a dealing desk and the order fills are not actual market fills. A lot are taken by the broker in opposition to the trader. In the ECN/STP accounts, the brokers can’t take the other side of the order and trade against the client….otherwise it isn’t ECN/STP. The reason we get slippage in trading is because there are huge volumes of trades going on and the prices feeds are coming from potentially hundreds of sources that are aggregated by the liquidity provider. At this point the brokerage connects with the liquidity provider and either routes all their clients trades direct to the liquidity pool, or in the case of a 4 digit price feed, runs the order through a dealing desk. The slippage is caused by the multitude of different rapidly changing orders that are sent and filled. The only time you can generally get a fill with almost no slippage is at market open on sunday. You need to be able to see the market depth with a lvl 2 market depth viewer. Then you have to look at the order available, pick an order you are willing to accept, place the trade in the correct direction that exactly matches the requested lot size. And if you do this…you are somewhat likely to get a fill with no slippage. But only if someone else does place a trade that makes some alteration to any of the existing orders. If anything is entered into the market before your order hits the market, the price feed has already been altered before your order hits the market and you will get slipped.

This is why people have such a terrible time trading profitably with MDP. They are trying to place and exit orders in very fast moving volatile markets. This is not possible to do manually. It requires machine speed to be able to do it. This is the same principle that the ultra-high frequency trading mainframes are based on that the big hedge funds use. The only difference is, they have a direct feed to the liquidity pool by being their own broker”"

– http://www.myfxbook.com/community/trading-systems/million-dollar-pips/121093,94#?pt=2&p=38&o=121093

Where is your signal traveling to? — http://www.cablemap.info/ –

“South-East Asia Japan Cable Network (SJC)” is a direct connection between Japan and Singapore, Hong Kong, Philippines, branch to Indonesia, about 8,300 km submarine cable of total length. Other KDDI, Globe Telecom in the Philippines, Google in the U.S., Network i2i in India, Bermuda, agreed jointly with the construction of Telemedia Pacific / Hong Kong Indonesia. The initial design capacity and capacity expansion of up to a maximum 23Tbps 17Tbps.
As a hub of Japan, Singapore, to be able to seamlessly connect between data centers and data centers in Hong Kong and the United States, “SJC”, in Singapore and Hong Kong, a cable landing stations to the data center will be connected directly.
Start of operation of the line is planned for 2012.
Asia is expected to increase the deployment of increasingly corporate and telecommunications demand in Pacific Ocean region and provides reliable communications services than ever before.
Source – http://kddimail.com/backnumber/021110.html

Original Article
“”Go Markets located one of their servers within the San Diego data center where CNS offers their VPS service. Hence, the latency is <2ms. By far, one of the fastest connections."" quoted from original article.

Typically what you said would be true, but GoMarkets is a special case.

GO has configured their network so trades are actually executed down in Australia. I believe their back-end provider is in Singapore, which will have some latency to AU.

Your comments about the fastest broker are right on with any broker <2-3ms on the chart. GO is the sole exception.

WINDSOR
VANTAGEFX
TRADING POINT

SUED BY THE CFTC – http://www.forexpeacearmy.com/forex-forum/forex-articles/16987-cftc-sues-11-more-forex-companies.html

http://www.sparkstation.net/Windows-VPS-Hosting-Singapore-web-hosting-singapore-103.html

Same Datacenter as PepperStone Singapore Server. 112.140.187.206 – – qala.idc. skynetservers

Is scalping allowed at your Broker?

Responses from Brokers -http://forex-strategies-revealed.com/brokers-allowing-scalping

Commercial EA blows account within 10 days – http://www.chfcapea.com/ – http://www.myfxbook.com/members/chfcapea/eurchf-cap-ea/165844

Start With This Article

FIX Protocol
UserGuide

Benefits for the buy and sell sides

Increase in speed and efficiency of entire trade entry, execution and reporting process, which helps to facilitate STP and reduce costs associated with manual errors.
Enables seamless connectivity to multiple counter-parties and enhances price transparency and access to liquidity.
Helps to increase efficiency by freeing up valuable time otherwise used to communicate price and execution data. Allows for greater focus on complex trading issues that require dealer contact, market color and communication.
MBTRADING FIX
Dukascopy FIX

Currenex API Services
FXALL-ECN
InterActiveBrokers
Integal

Currenex FIX API -FreeLance
—
http://www.quickfixengine.org/
http://www.onixs.biz/selfConnect/cpp/
http://www.octatec.co.uk/FIXGW_document.html

FIXENGINE:
A FIX engine is a piece of software that manages a network connection, creates and parses outgoing and incoming messages, respectively, and recovers if something goes wrong. A FIX engine manages the session and application layers and is the single piece of software you need in order to FIX-enable trading or order management systems. In the context of a trading system your FIX engine is the interface to the outside world, which, together with a network, connects you to outside world and allows you to trade and exchange related information in a standard fashion. Thus, to FIX-enable an application refers to the integration of a FIX engine and connection to a routing network. SOURCE

Introduction to FIX

And Why HFT isn’t meant for FIX protocol I think I just shaved off a light year by reading this.

Oh no. TICK DATA Explained. If you can share your data, I’ll give you a Free copy of iDRAW1.4 =)
— http://eareview.net/tick-data

— A simple and free way to complete M1 data – http://thetrademachine.com/blog/2009/09/29/set-up-metatrader-history-data-get-90-backtesting-quality/

Million Dollar Pips Free indicator Link -
http://www.milliondollarpips.com/freeindicator2download.html

Another reason to disregard Performance figures on MetaTrader – Backtesting.

“”thıs weeks Tıp:
SpreadChanger for MT4

you can use thıs tool to change your spread before BT to make spread as you want to test your EA.
simply run exe file and drop symbol.sel file on ıt.

then change spread of each symbol or one.
symbol.sel ıs in MT4 histoy folder.
BTW during thıs process and BT keep your MT4 dısconnected.

when you connect MT4 back to server file will be fixed automatıcly by MT4

have fun

walker”"
http://www.myfxbook.com/community/experienced-traders/watch-this-video-can-be/148266,47#?pt=2&p=15&o=148266

Page 15 for EXE program to change spread before backtest.

Thanks Remus =)

Test the Trade Execution of your Broker!

http://forex-expats.com/recommended/

Now its time to find a reliable broker!

the main problem is MDP is openning too many orders in a very short period of time and when the price is fast. on the top of that it is modifiying orders and trailing stop chasing after the profit.

that’s old news =)

Advanced Markets only has 50 Live accounts – http://forexmagnates.com/us-forex-brokers-profitability-report-for-q1-2011/

Even though they offer better spreads and real DMA. Lets change this. — http://www.youtube.com/user/AdvancedMarkets#p/u/1/ONLb5Sp8hO8

Social Networking in the FX world

http://www.myfxbook.com/members/pipinvestment99

http://www.fxstat.com/

https://www.marketsbook.com/welcome

http://www.currensee.com/

http://openbook.etoro.com/

https://www.ibfxconnect.com/

https://www.fxjunction.com/

http://www.dukascopy.com/tradercontest/

Gaitame.com is Japan’s largest FX retail broker with more than 400,000 retail customers
In contrast, IBFX only has 35,000 clients

A must read – http://www.nfa.futures.org/NFA-compliance/publication-library/forex-regulatory-guide.pdf

Galaxy Visions will offer all Pepperstone clients $15USD Off all VPS plans Monthly. All Pepperstone clients must use the PSTONE coupon code upon checkout to receive this discount.

Pepperstone Infrastructure connectivity test on NY4 IP Address (ECN network in NY4 Equinix located just 11 miles from Wall Street in New York.) to ping – 209.81.91.22 ( <324ms ping from BKK, while Singapore server is <54ms)

-- Equinix NY4 location -11209 Brooklyn
New Jersey, USA – * For security reasons this data center does not want its exact location publicly available.
Therefore the address above is not the exact location, but it is within the city of Brooklyn. Ok that’s interesting.\

– 2007 – Equinix (EQIX) today announced the opening of its huge new data center in Secaucus, New Jersey, known as NY4 is located near the company’s NY3 data center and will provide low latency connections to ICAP’s BrokerTec and EBS platforms with the most robust infrastructure .

– GalaxyVisions has connectivity presence at major pop locations such as 25 Broadway NY, 165 Halsey Street NJ. 470 Vanderbilt NY, 60 Hudson NY, and 111 8th Ave NY.

– http://www.colocationamerica.com/colocation/new-jersey-colocation.htm – $99 Monthly

– http://www.highfrequencytraders.com/

INDOFOREXTRADING aka haba – http://forum.instaforex.com/index.php?showtopic=681&st=0

1.) Manipulates HTML statements for screenshots
2.) Uploads hacked HTML statements to publisher websites like http://www.mt4i.com and http://www.mt4live.com because
your trading history can not be verified.
3.) Opens up 20 Demo accounts at a time and trades randomly and displays the profitable accounts while deleting ( not publishing the blown accounts.) He’s been doing the same ALL or NOTHING strategy for years. He was once on Myfxbook, ( http://www.myfxbook.com/search/indoforex) — But deleted profile after blowing the investors account. – Read his posts here ( http://www.myfxbook.com/posts-by-user/3213,1) . Profile Name HABA

His real name? WHO KNOWS?

Usman Mugara Moch Hamid

Please read the FX SCAM page on my blog.

http://www.mt4i.com/users/forexscam

I need to hire someone to do this dirty work.

FXDD REVIEW

– 0.7 Rebates with Trade2Win – http://www.trade2win.com/forex-rebates/fxdd?gclid=CNPAj6-i86sCFcMc6wodxUD8sQ

EUR/USD 2.2 GBP/USD 4.2
USD/JPY 2.9 USD/CHF 3.8
AUS/USD 3.3 EUR/GBP 5.0

The width of the spreads depends on the type of account you choose

FXDD has become one of the worse brokers. They widen spreads massively up to 40-50 pips wide, create big slippages and hunt stops
- http://www.forexpeacearmy.com/public/review/www.fxdd.com

http://global.fxdd.com/en/index.html — Live Quote Widget on Right Tab – I’m seeing 3.4 on EURUSD in Asian Session.

Bucket Shop List – http://www.elitetrader.com/vb/showthread.php?threadid=202636

Moving On….

Average Spread on EURUSD at 99% of Retail FX Brokers in the USA is about 2 pips

While Dukascopy offers 0.5-1.5 with $4.5 commission per std lot ( on $5k balance). == 1-2 pips

Oanda EURUSD 1.7 no commission is better than most FX Retail Brokers.

HotForex Currenex EURUSD 0.8-1.0 with $10 commission per std lot == About 2 pips

PepperStone Razor EURUSD 0.6-1.9 with $7.50 commission per std lot == About 1.5 -2.7 pips

ILQ Institutional Feed 0.6-0.9 with $2.50 commission per std lot == 0.8 -1.1 pips

The other disturbing thing about Currensee is the Trade Leaders Program, where you need to make Currensee your IB, pay them a management fee, plus a rebate,(and they get a rebate from investors mirroring your trades on Currensee) plus a percentage of performance fee. – 2010

IN 2011, this changed. Now you can upload any trading history from any MT4 broker. Bucket Shops, Scam Shops, what ever you like. You no longer need to churn your account for 3 months under their Preferred Broker ( Yes this is 100% accurate) to become a trade leader.
http://www.currensee.com/leaderboard
http://app.currensee.com/forexpert/external/profile/JASMI.A
http://www.currensee.com/custom/profile/?ticker=LIWWK.A

Code DLL for MT4 .net C# c++ – http://www.codeguru.com/csharp/.net/cpp_managed/windowsservices/article.php/c14735

pascal DLL made simple – http://www.forexfactory.com/showthread.php?t=219576&page=7

http://www.metatrader.info/node/150
http://www.metatrader.info/node/152
32bit

Harbinger Group Insider Trading database- http://www.secform4.com/insider-trading/1233563.htm

http://whatismyipaddress.com

http://www.linode.com/ –100% uptime – CLOUD

http://www.bbvps.com/bbvps-company/articles/48-windows-vps-forex-mt4-hosting

SiteUpTime

MF GLOBAL FX goes Bankrupt
wow.. over $7 Billion in Customer Segregated accounts. and $178Million in reserves. Maybe you should watch the movie ” Margin Call”

CFTC FINANCIAL REPORTS OF BROKERS SOLVENCY

FCM – Futures Commission Merchant registered with CFTC
– ($1,000,000 min)
RFED – Retail Forex Exchange Dealer registered with CFTC
– ($25,000,000 min)
BD – FCM is also registered with SEC

CTA – Commodity Trading Advisor

News Update – Regulations –

IB GROUP LLC – NFA – 0291368 – Estab. 1998 –
Operates

• Lewis Group
• Kings View Financial
• Vision Financial Markets

CTA Registration Here

Registration is required unless:

You have provided advice to 15 or fewer persons during the past 12 months and do not generally hold yourself out to the public as a CTA or
You are in one of a number of businesses or professions listed in the Commodity Exchange Act or are registered in another capacity and your advice is solely incidental to your principal business or profession or
You are providing advice that is not based upon knowledge of or tailored to customer’s particular commodity interest account, particular commodity interest trading activity, or other similar types of information, such as, for example
You make recommendations, such as advice to buy or sell specific futures contracts should a particular price level be reached, through newsletters, books and periodicals. The advice includes specific recommendations and the recipients of publications all receive the same advice or
You provide specific advice through e-mails, facsimiles, an Internet web site, telephone calls or face-to-face meetings with customers consisting of instructions to buy or sell a futures contract based on a computerized trading system, which also is available for purchase and use on a personal computer, and the customers all receive the same advice or
You conduct seminars at which you teach attendees how to trade commodity futures contracts aided by a software program that you sell and you invite seminar attendees to participate in a question-and-answer session at which you provide commodity trading advice without asking or receiving information about the personal characteristics of the attendees.

or don’t receive per-trade compensation (IB). A Spread Markup or Service Fee is not considered compensation. And, You are a non-U.S. resident or firm with only non-U.S. customers and you or your firm submits all trades for clearing to an FCM (IB).

CTA-> FOREX FIRM -> Forex Appointed Person = …..

CTA = Manage Funds

FOREX FIRM = Registration

AP = is an individual who solicits orders, customers or customer funds (or who supervises persons so engaged) on behalf of an FCM, RFED, IB, CTA or CPO. An AP is, in effect, anyone who is a salesperson or who supervises salespersons for any of these categories of individuals or firms.

Open SOURCE – Means Free –

QuantLIB for Microsoft excel -http://quantlib.org/index.shtml
All coding languages OK.

Platform – http://www.openforexplatform.com/?page_id=18

Platform and Service – http://www.marketcetera.com/site/

http://www.traderslaboratory.com/forums/tools-trade/11086-open-source-trading-platforms-master-list.html

http://www.eclipsetrader.org/