Hello guys I'm currently with a broker who I recently found out is a dealing desk broker (market maker) and not a true ECN/STP broker. Looking back I can see this is true with their SL hunt, spread manipulation and very high slippage a times. I'm not happy about this and I spent the weekend looking for another broker. I've narrowed my search down to Vantage Fx and Pepperstone. Both advertise themselves as true ECN/STP brokers and offer similar account options.
Vantage Fx offers a standard STP account and a Raw ECN account, and both look pretty good to me. Pepperstone offers their Edge standard STP account and then also a Raw spread ECN account. From what I can see both offers similar STP and ECN accounts with similar options.
Vantage has a higher minimum deposit ($500) but charges less commission ($3) on their ECN accounts. Pepperstone has a lower minimum deposit ($200) but has a slightly higher commission ($3.5) on their ECN account. Both STP accounts look almost the same. My questions is for those of you who have accounts with either of these brokers, what your feedback on them? Positive or negative?
Is the standard STP account good enough or would the raw ECN account be a better option? Which broker would you go for?
Thanks I appreciate your feedback.
Vantage Fx offers a standard STP account and a Raw ECN account, and both look pretty good to me. Pepperstone offers their Edge standard STP account and then also a Raw spread ECN account. From what I can see both offers similar STP and ECN accounts with similar options.
Vantage has a higher minimum deposit ($500) but charges less commission ($3) on their ECN accounts. Pepperstone has a lower minimum deposit ($200) but has a slightly higher commission ($3.5) on their ECN account. Both STP accounts look almost the same. My questions is for those of you who have accounts with either of these brokers, what your feedback on them? Positive or negative?
Is the standard STP account good enough or would the raw ECN account be a better option? Which broker would you go for?
Thanks I appreciate your feedback.
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