This MT4 broker seems to have spreads equal to HotspotFx ECN but WITHOUT COMMISSION!
London/NewYork
Typical price (not lowest, but typical)
Hotspotfx (with at least $10 per round trip)
GBP/JPY 3-4
Eur/usd .6-2
Usd/Jpy .6-2
Ikon Royal
GBP/JPY 3-4 WITHOUT COMMISSION
Eur/USd 1-2 WITHOUT COMMISSION
Usd/JPY 1-2 WITHOUT COMMISSION
SO I ASK. HOW ARE THEY ABLE TO DO THIS? Their not an ecn but they are offering fantastic prices on spreads.
Dont they have to widen the spread at least a little bit in order to make money on the spread?
Also, anyone who has more info on trading with these guys let me know how it has gone.
I cant find a better broker as far as advantages.
GREAT SPREAD
$1000 Minimum Start up
100:1 Leverage (bettern than Oanda)
MT4 Platform
Mini Lots ($1/pip)
Great Execution
It all seems too good to be true. And you know what they say about things that "seem" to good to be true. But you never know.
Let me from some of you.
Thanks.
Mike Lewthwaite
.
London/NewYork
Typical price (not lowest, but typical)
Hotspotfx (with at least $10 per round trip)
GBP/JPY 3-4
Eur/usd .6-2
Usd/Jpy .6-2
Ikon Royal
GBP/JPY 3-4 WITHOUT COMMISSION
Eur/USd 1-2 WITHOUT COMMISSION
Usd/JPY 1-2 WITHOUT COMMISSION
SO I ASK. HOW ARE THEY ABLE TO DO THIS? Their not an ecn but they are offering fantastic prices on spreads.
Dont they have to widen the spread at least a little bit in order to make money on the spread?
Also, anyone who has more info on trading with these guys let me know how it has gone.
I cant find a better broker as far as advantages.
GREAT SPREAD
$1000 Minimum Start up
100:1 Leverage (bettern than Oanda)
MT4 Platform
Mini Lots ($1/pip)
Great Execution
It all seems too good to be true. And you know what they say about things that "seem" to good to be true. But you never know.
Let me from some of you.
Thanks.
Mike Lewthwaite
.