I am trading with Kerford Investments which is found to be the best and reliable broker. They give tight spreads with MT4 platform.

I'm new to Forex trading, but someone with a lot more experience said the best brokers are the ones with the smallest bid/ask spread. He mentioned that one of the them has a flat spread of 1 pip. Please don't ask me what a pip is.

Keith

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Goodbye mutual funds Hello CoolTrade Robotic Traders

If you don’t know what a pip is then you know nothing about forex!!!

Pip is the word used in currency market to represent the smallest incremental move an exchange rate can make. Depending on context, normally one basis point (0.0001 in the case of EUR/USD, GBD/USD, USD/CHF and .01 in the case of USD/JPY).

Oh Please! I know what a pip is now. What's with the "!!!"? Was that your way of really sending the message/insult home?

That fact is I know I am looking for profit goals of .0005 to .001, etc.
When I set my profit goals in the software, I enter it in decimals.

My robotic traders follow my rules to the letter and take profits of $200 or more nearly every day.

PIP is nothing but a fancy word used only in Forex. The fact is, trading Forex and Stocks is EXACTLY the same.

Further to previous discussion,
A squad of 28 police officers raid the downtown Geneva offices of currency trading company ACM and seize documents, a computer and other evidence in a suspected financial fraud case. Swisster discovers the unprecedented affair, being directed by an inspector and detective for the cantonal force’s financial fraud brigade, may take weeks to unravel and has involved the questioning of top officials from the company, who are refusing to comment.

As far as I know that is as far as it went, that after investigations the case was closed. I also seen that there was a nother article to the one that you put here, is also on the web, where the owners did make a comment. This it happen first week of April and we is now almost in begining of November, since this time my broker is offered new accounts and new office and MT4 platforms, yesterday in FXstreet is a report of net capital going up. I think you must to agree that whhatever happen in april was found to be wrong or the broker would be closed or move to an island somwere.