DislikedAnyone have a link to Armada? Is it an ECN? Is it regulated? ThxIgnored
Ist regulated and true ECN
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DislikedCurrently with LCGFX in London and am a scalper myself most of the time. So assuming execution speed and liquidity as a must its all about the total turnaround cost. So, slippage + commission + spread……………. Am having a look around myself at the moment, is good for the customer today as lots of competition forcing each broker to perform better and better. Will not be happy myself until there is zero spread, 0.1p commission per mill and positive and negative slippage balances out Having a look at other brokers now, there has to be one for trading...Ignored
DislikedIam trading with Armada for the last 3 years now and Iam quiet happy with them. Testing FxOpen from time to time and the spreads are by far the best out there! The only thing why I did not open an account with them is, they want to have a min. deposit of $€1000 for the ECN acc. and thats a bit to much for me! Think I will add IC Markets besides my current Armada acc. because there you can open the ECN acc with $€250. For me that is enough to test the live account Hope this helpsIgnored
DislikedJust to add guys, i wouldnt bother scalping with high frequency unless i was using a prime broker as that is an absolute must. You only realize what profit they are costing you when you go prime and it can make all the difference with high frequency between winning and losing....just because a company is an ECN does not mean for a second that they are not on the other end of your trade and that the conflict of interest is there........Ignored
DislikedJust to add guys, i wouldnt bother scalping with high frequency unless i was using a prime broker as that is an absolute must. You only realize what profit they are costing you when you go prime and it can make all the difference with high frequency between winning and losing....just because a company is an ECN does not mean for a second that they are not on the other end of your trade and that the conflict of interest is there........Ignored