Brokers

Our Traders February 2015 Broker Survey results here


Note:  if you do not use the Link below from the Broker it will not enroll you in this specific program even though you may open an account with them.  ProAct Traders is NOT remunerated from these brokers in any way.

Broker opportunities for Traders outside the USA -

 

*Rebates are based on the following schedule: 

  • 5 Standard Lots monthly – 25% Discount or $50 Dollars credited back for your chart subscription*
  • 10 Standard Lots monthly – 50% Discount or $100 credited back for your chart subscription*
  • 20 Standard Lots monthly – 100% Discount or $200 credited back for your chart subscription*
  • Rebate is for a maximum of $200 which is the monthly chart subscription rate.

LIVE LINK:  http://matadorprime.com/ib/ProAct/live

DEMO LINK: http://matadorprime.com/ib/ProAct/demo

* The equivalent number of trades are calculated if you are using a Mini or a Micro.  Example:  200 trades using a Mini lot = 20 Standard lots.  These are round trip trades - open positions are not counted.

FXDD Malta ( you can pay for your charts here)

 

Through CompassFX (IB) non-US customers Only click here   


So here is how it works ...

Open up a MetaTrader MT4 account through Compass FX's broker FXDD Malta ( NON-USA clients) USING ONLY THE LINKS BELOW (this enrolls you in the program).

Once you start trading, CompassFX will REBATE you based on your volume and rebate your trading account every month* based on the number of completed trades you make on the FXDD MT4 platform each month. 

I already have an account with FXDD Malta but not through Compass FX?  You will have to open a new account using the link below and then contact FXDD or FXCM to either transfer the money to the new account  or close the old account.

 

*Rebates are based on the following schedule:

 

  • 5 Standard Lots monthly – 25% Discount or $50 Dollars credited back for your chart subscription*
  • 10 Standard Lots monthly – 50% Discount or $100 credited back for your chart subscription*
  • 20 Standard Lots monthly – 100% Discount or $200 credited back for your chart subscription*
  • Rebate is for a maximum of $200 which is the monthly chart subscription rate.

 

* The equivalent number of trades are calculated if you are using a Mini or a Micro.  Example:  200 trades using a Mini lot = 20 Standard lots.  These are round trip trades - open positions are not counted.

 

USA CLIENTS 

 

(currently there is no rebate program with USA brokers)

 

All US firms must adhere to the FIFO (first in, first out) Ruling and the Non Hedge requirements imposed on Forex traders within the US. FXDD's platform was compliant in their back office but the platform still allowed different stops and limits on numerous positions in the same pair. 
Most of you are more concerned with scaling out and good competitive pricing than FIFO, but if this is a factor in your style of trading, we encourage you to open a practice account before trading live at any of the firms we work with since it's different than what you are used to. Below are the current options for our US accounts currently at FXCM. I will be happy to discuss with you in more detail what is needed to move forward and what's best for your trading style. Email me Tracy @ CompassFX.

US Clients use this link to open a MT4 Account with FXCM  

 

CompassFX will be happy to discuss the options below with you, what is needed to move forward, and what's the best fit for your trading style. 

Email or call Traci at Compass FX   800-577-3600  Tracy@CompassFX.com.

 

CompassFX now has a bonus program 5% on the transfer balance ($250 maximum) from FXCM and pay for your wire fee in you are interested in moving to Oanda.

Option1

FXCM is now KAPUT!

 

Option 2

Move to Gain Capital (Forex.com). They offer competitive pricing and have the FIFO Stops and limits that will attach to every position in the same pair.  Go to this link for demo or live account application: CLICK HERE

Option 3

Move to Oanda, and new relationship for Compass, that offers really tight spreads and the MT4 platform will allow different stops and limits on the same pair. Go to this link for demo or live account application:   You will need an fxTrade account first to access OANDA MT4. 

They are offering a 5% bonus on all new deposits until the end of September up to ($250). There will be a quota of trades that must be met before they can withdraw but a nice gesture to get your business.

 

Here is your new account opening link for Pro Act.

 

https://fxtrade.oanda.com/your_account/fxtrade/register/individual/beforeyoubegin?ib=726710

 

 

NOTE! They are currently not set up for IRA accounts but Tracy is working on that as well. For any questions: Please email Tracy at Compass FX tracy@compassfx.com or call 800-577-3600 , 972-680-8080


Trading Foreign Exchange (Forex) carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading

 

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