Its cheaper trading with a big market maker broker than on an ECN....... crazy statement ?
ECN =
Slippage
Commish
more slippage.
Having traded with ECNs ... MB, Currenex and also the major Market makers...Oanda.FXCM,GFT,IG, i have come to the conclusion that we get a pretty good deal with the big market maker brokers......i dont care how they make their money as long as they give me great execution and accurate prices......(watching 3 feeds i never see any of the mythical broker shennanigans.... i'm sure with bobs o bucket brokerage you would see a different business model at work tho ! but really...if you join a nigerian brokerage offering 1 pip spreads you deserve everything you get !!!))
(i dont scalp or trade the news)
ECN =
Slippage
Commish
more slippage.
Having traded with ECNs ... MB, Currenex and also the major Market makers...Oanda.FXCM,GFT,IG, i have come to the conclusion that we get a pretty good deal with the big market maker brokers......i dont care how they make their money as long as they give me great execution and accurate prices......(watching 3 feeds i never see any of the mythical broker shennanigans.... i'm sure with bobs o bucket brokerage you would see a different business model at work tho ! but really...if you join a nigerian brokerage offering 1 pip spreads you deserve everything you get !!!))
(i dont scalp or trade the news)