Hello does anybody know MT4 Broker which allow arbitrage trading?
List Brokers which Allow Telephone Trading 20 replies
Which brokers allow auto breakeven ? 9 replies
DislikedHello does anybody know MT4 Broker which allow arbitrage trading?Ignored
Dislikedyou'll find it's actually very common practice. all in their t&cs as well...the rest of the crap that ECNs say is just marketing hype; contradictory to their actual terms
if they can't model the EA's logic themselves to trade your positions before you get them, they pull the plug on all your practiceIgnored
DislikedI think you'll find that if successful automated trading was 'very common' then you would find a different picture. Fact is, it is very rare compared to the majority of manual trading which is discussed here
you saying 'half the threads on here would be talking about it' is actually quite worrying if you take the time to understand what you are trying to talk aboutIgnored
DislikedYeah I agree..a lot of the time these 'ECNs' just hide accountability by saying it wasn't us it was our liquidity providers...Ignored
DislikedI hope so but nevertheless it can happen. And it did happen to me, i had an EA it had many trades and was proftable and FIG FX claimed that it would be an illegal EA.
And another point is that they didn't notify me, they simply shut down my account.Ignored
DislikedThere is no such thing as an illegal EA.
All trading styles are quite legal but when you deal with a bucketshop like FigFX, a winning strategy will always be deemed illegal by them.
Find yourself a more reputable broker and one that is either regulated in the U.S. or the U.K and you should be fine.Ignored
DislikedArbitrage is impossible for Retail Traders.
Transaction Cost are to high, Excecution to slow, Position Sizing way to unflexible with MT4 etc etcIgnored