http://londonfx.com/en/main
Anyone have experience with this broker?
Anyone have experience with this broker?
LondonFX 2 replies
DislikedI Have a live Pro ECN account there. It looks good for now. The spreads are very low. They dont have alot of instruments but the support told me that if I want something special they can add it.Ignored
DislikedTheir FCA licence says "Activity Name: Dealing in investments as agent" Which means they cant "market make" http://www.fsa.gov.uk/register/firmP....do?sid=200097 you can check this information for every FCA regulated broker on the website of FCA at http://www.fsa.gov.uk/register/firmSearchForm.do You need only the Firm Reference Number for London FX you can find it here: http://londonfx.com/en/fcaregulation .Ignored
DislikedI am trading with Pro ECN most of the times with 0.1 - 0.5 and I haven't noticed any slippage I will chek with 0.01. Most of the time the spread is 0.01 + 4$ commision (per lot) = 0.4 pips. And this looks expensive to you?Ignored
Disliked{quote} Nope. But there is no point asking us. Probably the most important thing is how high will be your volume so it does not matter what will they tell to someone else.Ignored
Disliked"Our commission on the ProECN is $40 per million traded or $4/lot." Until now I believed Dukascopy is the most expensivene broker, but it seems not...Ignored