I was considering the opening of a live trading account for very VERY long time. Yesterday I finally opened one with FxPro and I have chosen the ECN account. I have read a lot of complaints about Meta Trader (MT4) accounts and saw few times very slow trade execution times on friend's live account.
I tested the xTrader (the ECN forex trading platform of FxPro) with demo account for a short time and got familiar with it pretty fast. I find it a bit cumbersome in comparison to MT4. The biggest drawback is the slowness of the whole application. But this is maybe due to my old computer (ThinkPad SL300) and that I run it on Windows which is run on Virtual Machine in Linux.
Currently I am making a deposit and waiting for ECB's Jean-Claude Trichet's decision about interest rates. I will keep this blog updated about my trades. See you soon in my next post about pair trading.
