With spreads from as little as 0.2 pips on €/$ for our members ThinkForex is certainly worth checking out. I have had accounts with them for over 5 years and they are one of a tiny group who I recommend.
The most emails I and the other mentors get are from members concerns about forex brokers. There are many, including some of the biggest, who have been caught cheating and many others that are suspected of ripping off clients. Then there are futher, sneaky tricks that they play on new traders like a recent one where one of our members had an account with a supposedly reputable Dutch broker. This broker however would not allow stops to be moved any nearer than 80 pips of the current price!
That was definitely a case of the odds being stacked in favor of the house!
For years we have teamed up with Aslan who have negotiated a “cash back rebate” which has worked well, but it means waiting until the end of the month for your cash and then often it incurs paypal or bank charges. It struck me that given the size of our membership and our position in the industry, we should be able to leverage that into something advantageous for the group.
I am contacted almost on a daily basis regarding brokers; whether it’s people asking for my opinion or relaying concerns/issues with their current broker, this is definitely a topic that affects all traders.
Based on the feedback I receive, the key concerns for traders nowadays seem centered on broker trustworthiness, pricing and execution speed. For the new trader its a minefield. Some brokers even pay people to write terrible reviews about their competitors in forums and on sites like forexpeacearmy, so its almost impossible to know which one to choose.
I decided to reach out to a handful of brokers who I know and trust to see whether any of them were willing to put together something “special” for our members and ThinkForex had by far the best offer.
I am very familiar with ThinkForex as I’ve dealt with them personally for several years, including running a pamm account for clients & and have been very satisfied with the experience overall. I accepted their offer and for the past several weeks they have been working to customize a unique feed for our exclusive use.
As part of the deal, we gain access to their “Pro” Pricing” ( as low as 0.2 pips for EUR/USD ) with a reduced net commission charge of only $2.25/lot ( $4.50/lot round turn ).
ThinkForex’s pricing was already among the lowest in retail forex but they are discounting it even further for us.
Reducing trading costs is the easiest way to put money back in your pocket. For traders who close 10 lots in a month this will save you $15.00, for those who close 200 lots this will save you $300.00, for those who close 1000 lots this will save you $1,500.00 etc – any member trading 1000 lots successfully needs to talk with me urgently 🙂
There is nothing complicated, no waiting to be paid from a 3rd party, your savings will be instant each time you close a trade.
The minimum funding requirement is only $2,000.00 so this is reasonable even for the novice trader. This special feed will only be accessible to accounts funded in USD, GBP, AUD or EUR.
In order to participate you simply need to access the Thinkforex website by clicking on the banner ad to the left OR through the following link and follow the instructions to open a live account.
You may also open a demo account that has the same candle close times as my analysis & will not cancel as long as you are using it
Thinkforex are regulated in Australia.
We thank you for your ongoing support and promise to continue proactively searching for ways to enrich your trading experience.
Best of Success!