forex brokers. who do you use?

[homey_v]

its hard to choose fx brokers in canada...i have been demoing with forestyard and questradefx.com. buddy of mine uses whizetrade (4x easy, not so easy )


deciding if i should try oanada..com

any suggestions out there? what other brokers accept cdns?

[van_driver]

I've never used any of the demos you've posted so I can't comment on those but oanda also has a demo you can try before putting the real $$$ on the line. I use oanda and it's been great so far. Great customer service, awesome spreads, variety of different currency pairs to choose from. Only downside to oanda is there charts suck. I use FXCM for charts and place actual trades with oanda. And Oanda does accept your account to be in canadian dollars or practically any currency you want for that matter.

Cheers

[GomGom]

Don't you have to fill up a form for tax withholding (whatever it is) for US investment fund? I'm not sure what that is but perhaps you can explain it to me.

So, do you trade in FXCM as well, or just with Oanda? Why Oanda chart is suck? Need some advice...

[van_driver]

To be honest i'm not sure whats gonna happen with the tax process right now because I put money in my account without thinking about income tax, should've thought about that before putting my money in LOL

And no I don't trade FXCM, I only use there demo account for charts and you can make it as many times as you like because it expires every 30 days or so. But making the demo account takes less then 30 seconds. I COULD use FXCM because they do accept British Columbian traders (a lot of brokers don't) but I choose not to simply because in my opinion it's a bit simpler to place trades with oanda's platform.

And I don't like oanda's charts because they don't have candlesticks and most of my trading is done through technical analysis so having a good chart system with candlesticks is important for me.

I'd visit this website if I were you

www.babypips.com/school

[JDMStyo]

Interactive does it, no?

[nano]

how does withdrawing work with ooando? do you have to pay a fee? or do they mail cheques to you whenever you request?

[ws6ta]

Originally Posted by nano

how does withdrawing work with ooando? do you have to pay a fee? or do they mail cheques to you whenever you request?

they will only allow withdrawals in the same fashion you deposit in. So if you sent a cheque they will send a cheque.