Anyone familiar with this broker?
I opened a live MT4 a/c with them three weeks ago. My expericence so far has been -
On the positive side:
* Fair spreads - e.g., 0.8 pip on EU, which, combined with a flat $10/Lot commission on all pairs is not bad - and on other pairs, especially the less traded, they are better than what other brokers suggest for retail customers.
* Price feed that seems to be genuine - not smoothed or filtered by the broker.
* Amazingly fast execution - orders are filled in within 150 msec or so, something you usually see on a demo a/c with other...
Why do you say that? The execution is slow?
No, it isn't about execution speed. Its bc of many lost ticks, up to 15%. This makes their platform pretty worthless for fast scalping. ICM comment on this issue: " We care more about non scalpers"
BearBull here from DF.
I use IC Markets and have never seen what you are referring to.
They offer EURUSD at 0 / Zero Spreads most of the time.
StopLevel of 0 / Zero Pips, which means you can place orders INSIDE the Spread.
Fastest trade to trade order execution time I can find of around 0.3 to 0.4 sec from a net based laptop. VPS is faster again. This is not Ping time, which basically is only a small part of the overall Trade Execution time.
Have discussed this with IC Markets people, who...
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