Until recently, I have been a straight up news trader. News trading is the most exciting still, in my humble opinion. Fortunes are made & lost in a few seconds. Its the time brokers hate the most. I have yet to find a broker that can effectively handle a news trades. I may be paranoid but I think that might be by design.
I have a simple list that would make a perfect broker for me. Any broker can handle my daily or weekly positions, what I am looking for is so I can still news trade.
What I need:
3 PIPS or less on GBP/USD per lot
If a commission based broker, average must equal 3 pips or less on GBP/USD per lot
1 click-trading
200:1 Leverage on mini & full if possible. If not 100 :1 on full is fine.
Demo & mini accounts available*
$500 or less to open mini
Trailing stops.
Within regulated country ( preferably US, UK, JPN, AUS, SWISS) & verifiable
In business longer than 2 years.
Security of funds.
Guaranteed stops & fills.
Limit orders.
I would be ok with SOME slippage during news times. I understand. I am not a complete jerk. Almost though.
NOTE*
In case you are wondering the reason I would like a mini & a demo is because I would like to try out my strategies on the demo. If they work, I move on to mini. No matter what any broker tells you they are different. If I can be successful on a mini I have no problems with a full size account.
Am I asking to much? You tell me
Does anyone know of such a broker, or at least a close one.
You can IM me. Or please reply to the post with any thoughts or ideas.
G-LUCK & MAY THE PIPS BE WITH YOU!
I have a simple list that would make a perfect broker for me. Any broker can handle my daily or weekly positions, what I am looking for is so I can still news trade.
What I need:
3 PIPS or less on GBP/USD per lot
If a commission based broker, average must equal 3 pips or less on GBP/USD per lot
1 click-trading
200:1 Leverage on mini & full if possible. If not 100 :1 on full is fine.
Demo & mini accounts available*
$500 or less to open mini
Trailing stops.
Within regulated country ( preferably US, UK, JPN, AUS, SWISS) & verifiable
In business longer than 2 years.
Security of funds.
Guaranteed stops & fills.
Limit orders.
I would be ok with SOME slippage during news times. I understand. I am not a complete jerk. Almost though.
NOTE*
In case you are wondering the reason I would like a mini & a demo is because I would like to try out my strategies on the demo. If they work, I move on to mini. No matter what any broker tells you they are different. If I can be successful on a mini I have no problems with a full size account.
Am I asking to much? You tell me
Does anyone know of such a broker, or at least a close one.
You can IM me. Or please reply to the post with any thoughts or ideas.
G-LUCK & MAY THE PIPS BE WITH YOU!
“Control, control, you must learn control!” - Yoda