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4 digit ECN or Low Spread Broker!

  • Post# 1
  • Quote
  • First Post: Jan 3, 2013 7:13am
  • GoodBoy
    Joined Nov 2008 | 37 Posts | Status: Member
Hi, i am looking for a low spread broker with 4 digits ONLY.. i am not interested in 5 digits at the moment. By Low Spread i Mean EUR/USD no more than 1 pip spread. Usually ECNs have that but i am strictly seeking 4 digit broker.. If you can point in right direction, will appreciate. thx.
  • Post# 2
  • Quote
  • Jan 3, 2013 7:19am
  • shrike
    Joined Jan 2007 | 1,241 Posts | Status: Member
Futures on the CME is the only one i know, even EBS is on half pips on most pairs nowadays. But low spread ecn and full pip pricing is mutually exclusive anyways. 1 pip is not a low spread in eur/usd anymore (on ecns).
  • Post# 3
  • Quote
  • Jan 3, 2013 7:52am
  • GoodBoy
    Joined Nov 2008 | 37 Posts | Status: Member
thx for the reply. Yes i understand ECN is usually 5 digits. hmmm Any broker out there with 4 digits and spread just 1 pip. I heard Admiral Markets is but doesn't accept US/Canadian customers i understand US but why canada discriminated NOW? pisses me off.
  • Post# 4
  • Quote
  • May 11, 2013 3:53am
  • entheos
    Joined Dec 2011 | 283 Posts | Status: Member
fxpro`s ecn ctrader,
eurusd,gbpusd,audusd,usdchf,usdcad, nzdusd : 5digits.
the rest 4 digits.
usdjpy,eurjpy,gbpjpy:3 digits.
audjpy,nzdjpy,cadjpy,chfjpy....:2 digits.

Quoting GoodBoy
Hi, i am looking for a low spread broker with 4 digits ONLY.. i am not interested in 5 digits at the moment. By Low Spread i Mean EUR/USD no more than 1 pip spread. Usually ECNs have that but i am strictly seeking 4 digit broker.. If you can point in right direction, will appreciate. thx.
  • Post# 5
  • Quote
  • May 15, 2013 2:31am
  • V4X
    Joined Mar 2011 | 103 Posts | Status: 24/7
FX Pro before ECN was a bucket shop, why would you give them your money, I don't know.
"Everyone gets what they want out of the market." -- Ed Seykota
  • Post# 6
  • Quote
  • May 15, 2013 6:18am
  • entheos
    Joined Dec 2011 | 283 Posts | Status: Member
You`re right.
FxPro was a bucket shop.
but I havn`t any proof.
Do you have any proof?

Quoting V4X
FX Pro before ECN was a bucket shop, why would you give them your money, I don't know.
  • Post# 7
  • Quote
  • May 15, 2013 6:57am
  • V4X
    Joined Mar 2011 | 103 Posts | Status: 24/7
Quoting entheos
You`re right. FxPro was a bucket shop. but I havn`t any proof. Do you have any proof? {quote}
I used to trade with them when I was a stupid noob.

> FxPro was established in 2006 in Cyprus

That should be all the proof you ever need.
"Everyone gets what they want out of the market." -- Ed Seykota
  • Post# 8
  • Quote
  • May 15, 2013 9:32am
  • entheos
    Joined Dec 2011 | 283 Posts | Status: Member
You`re right.
me too.
I used to trade with them when i was a stupid noob.
russian scam broker.
Quoting V4X
{quote} I used to trade with them when I was a stupid noob. > FxPro was established in 2006 in Cyprus That should be all the proof you ever need.
  • Post# 9
  • Quote
  • May 15, 2013 2:06pm
  • Forexnuts
    Joined Nov 2011 | 609 Posts | Status: Member
Got to ask, why only 4 digits? Wouldn't it make more sense to go with 5 digit quotes as opposed to 4?
  • Post# 10
  • Quote
  • Last Post: May 19, 2013 5:57am
  • Shashikal
    Commercial Member | 1 Post | New Member
Anyone know about 5 digit fix spread broker?
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