I think Oanda has a maximum of 10,000,000 units on a single trade. If you want to trade more then that then you need to open another trade.
I was just wondering if an ECN is better if say you wanted to trade 20,000,000 or more per pip?
Say the ECN was Interactive Brokers.
And no I don't have a million dollars to trade, haha. I'm just curious if there is a limit to those bucket shops where an ECN becomes necessary.
So no, this is not really relevant to me at all, lol, I have a $4000 Live account but I am interested in learning about how big money flows and how big a retail trader can trade.
Just to clarify: 10,000,000 units is roughly equal to $1000 per pip.
want I want to know is how many units a retail trader can assign per pip as a maximum. Lets say your strategy is to collect two or three pips per trade. You obviously want to be filled and not get slippage. And at the same time you need a broker than can handle your size. So is a ECN capable of handling say, $2000 per pip or greater, BUT without slippage?
I was just wondering if an ECN is better if say you wanted to trade 20,000,000 or more per pip?
Say the ECN was Interactive Brokers.
And no I don't have a million dollars to trade, haha. I'm just curious if there is a limit to those bucket shops where an ECN becomes necessary.
So no, this is not really relevant to me at all, lol, I have a $4000 Live account but I am interested in learning about how big money flows and how big a retail trader can trade.
Just to clarify: 10,000,000 units is roughly equal to $1000 per pip.
want I want to know is how many units a retail trader can assign per pip as a maximum. Lets say your strategy is to collect two or three pips per trade. You obviously want to be filled and not get slippage. And at the same time you need a broker than can handle your size. So is a ECN capable of handling say, $2000 per pip or greater, BUT without slippage?