The Collective FX is accepting new members
But act fast, they’re likely to fill the available slots today at least. I’ve signed and this time I will fund the account. In September when they last was open for new members I had no time to start the account before going away backpacking for three months.
The real benefit with CFX (as I will call them at least) is ECN spreads with low commission. I will pay $147 each month to trade 45 lots. That is a lot (pun intended) for me, I probably won’t trade that much to start with. So the first months I will pay a little more for each trade, but still hopefully this will be better long term. I haven’t decided exactly on how much to deposit and what EAs to run, but somewhere in the range of $2-3000 and it is very likely that I will use MegaDroid (my favorite) on the account. Possibly I will deploy Forex Bling in there instead of at Forex.com/UK as planned, that way I give the ThunderBolt and ThunderStorm scalpers a nice environment to trade in. But I haven’t run the Bling package on demo at CFX, so I will have to start with that.
They are open again today!
http://www.TheCollectiveFX.com/members/thecollectivefx/adminpages/WaitingListOpenAccount
I hope I get in!