Just a note.
I downloaded the ACT platform. A MT4 with suppossed ECN Pricing.
It's not even close to Hotspotfx.
Ikon Royal is not an ECN and has better pricing.
I got all exited when I found out that ACT only charged $8 round trip no matter what the currency.
I thought, great! Way better than MBT which is charging $20 round trip on the GPB/JPY
But when you add the spread on their platform and the commission and then compare to MBT. MBT is way better.
I think they must just offer a better commission and then add a couple pips to the spread.
Not fooling anyone.
Mike.
P.S> Im a scalper so Spreads are important to me. If you just want an ECN who uses MT4 then I'm sure they would be fine.
.
I downloaded the ACT platform. A MT4 with suppossed ECN Pricing.
It's not even close to Hotspotfx.
Ikon Royal is not an ECN and has better pricing.
I got all exited when I found out that ACT only charged $8 round trip no matter what the currency.
I thought, great! Way better than MBT which is charging $20 round trip on the GPB/JPY
But when you add the spread on their platform and the commission and then compare to MBT. MBT is way better.
I think they must just offer a better commission and then add a couple pips to the spread.
Not fooling anyone.
Mike.
P.S> Im a scalper so Spreads are important to me. If you just want an ECN who uses MT4 then I'm sure they would be fine.
.