hey there
I used to have MBT as my broker with the Pay for Limits commission structure.
When using Limit orders to enter and exit trades, they would pay you a commission instead of reverse.
So even if you entered a trade at 1.0000 and exited at 1.0000 you would still net a profit of .3pips or so based on the comm they payed you. I forgot exactly how much.
But MBT was bought by trade king, and before DoddFrank rules, they were perfect broker i could imagine. no FIFO, yes to hedging, and paying for liquidity.
Im struggling to google brokers even outside the US. Some posts i found googling have said 'just be a liquidity provider' as if I have access to the capital id expect one to have.
If its the only way, is there any references out there or banks/brokers/dealers that offer paying for liquidity you provide. Retail broker preferred of course.
Thank you
I used to have MBT as my broker with the Pay for Limits commission structure.
When using Limit orders to enter and exit trades, they would pay you a commission instead of reverse.
So even if you entered a trade at 1.0000 and exited at 1.0000 you would still net a profit of .3pips or so based on the comm they payed you. I forgot exactly how much.
But MBT was bought by trade king, and before DoddFrank rules, they were perfect broker i could imagine. no FIFO, yes to hedging, and paying for liquidity.
Im struggling to google brokers even outside the US. Some posts i found googling have said 'just be a liquidity provider' as if I have access to the capital id expect one to have.
If its the only way, is there any references out there or banks/brokers/dealers that offer paying for liquidity you provide. Retail broker preferred of course.
Thank you