They're reconnected now, no tick from 0239 to 0323
FinFX 6 replies
FinFx? Any info is welcome 4 replies
CitiFX or FinFX - Convince me 46 replies
FinFX or ATC Brokers? 1 reply
FinFX ECN PRO - New account from FinFX! 5 replies
DislikedI'm thinking of using this broker to get around the first in out and hedge crap rules.
SubscribingIgnored
DislikedDoes anyone use both FinFX & GO Markets? I heard GO Markets are good however their spreads on news announcements are much left to be desired.
This is why I'd be interested in FinFX as apparently they have much lower spreads on news announcements but have some reported down-time issues.
Can anyone give the pros and cons of each? I was thinking it might just be better to open an account with both and trade mainly with GO but trade with FinFX leading up to news.
What are your thoughts on trading with 2 brokers?Ignored
DislikedDoes anyone use both FinFX & GO Markets? I heard GO Markets are good however their spreads on news announcements are much left to be desired.
This is why I'd be interested in FinFX as apparently they have much lower spreads on news announcements but have some reported down-time issues.
Can anyone give the pros and cons of each? I was thinking it might just be better to open an account with both and trade mainly with GO but trade with FinFX leading up to news.
What are your thoughts on trading with 2 brokers?Ignored
DislikedFor non-US traders, Go-Markets appears to be a possible broker. They are an Australian regulated, DMA/STP broker using segregated accounts for clients. They also supposedly have access to 70+ liquidity providers (one of the highest rates in the business), which means that, as a 'market execution' broker using 'variable rates', it is really as good as working with a true ECN brokerage.Ignored
DislikedI have only been a FinFX client for a short while, but hope they are as good as they seem. One big plus for me is this is possibly the only broker that US citizens like me can use to get better than the crappy 1:50 margin. And they hold my funds in USD. I do hope that I can make enough profit soon to withdraw my original investment, just in case.
I had opened an account with GoMarkets just before the stupid CFTC ruling that forced me to close the account "unless I had a $100 Million net worth" (!) and GoMarkets never even mentioned the possibility...Ignored
DislikedMy main critique so far would be the lack of any proprietary platform, providing only MT4. Usually reputable retail ECN brökers have their own proprietary platform (e.g. MBTrading, Dukascopy, etc). I personally hate trading through MT4 especially for order entry, so I emailed them asking if they provide an API access. They responded elaborately and professionally to my email (two hours after I sent it), but they said that I need a minimum of $50,000 initial deposit plus 10 million in monthly volume to get API access.
Also, the other famous retail...Ignored