I have used Oanda, the US division has FIFO, even worse than EU division, which has no hedge possibility. Mobile softwares buggy: Android can't remove the TP , SL orders!!! iPhone is not visible the order exprity: it will be alway 1 week.
Dukascopy EU: expensiver a lot, than Oanda, but: at weekend time max leverage is 30:1, if at Friday I would like to take a 100:1 position to "correct"my losing trade, than is extremely hard to get out in winning Monday, because they will auto-hedge my positions to have only 1:30 leverage. No FF Trade explorer integration.They report system is so useless as Oanda's one. Need at least the FF's one!
I don't really like MT4, not a fan of it, and I am using macosx as OS. I don't want to buy a windows license to run the broker's platform and switch always the OS, not sure if with Parallels is working, but hard to set up .net based apps with wine. So I do prefer Java based desktop version, and should have a powerfully mobile version ( Dukas is a "standard" for me, it can be improved).
With Oanda never had spikes, only widening spreads at news, but those are normal.
I don't blame any broker for news release time (NFP) filling my orders with even 5 pip far away from my ordered price. I know the technical background for that! If you don't have a decent wired connection and don't stay in the same town WHERE is HOSTED YOUR BROKER TRADE SERVER you shouldn't blame they for this.
From both above broker I have withdraw my money without problems.
I am planning to play with 1k-5k usd ( around 2-3k ) and I have traded a bit more than 1 standard lot at Oanda ( 1:50 ) when I have scalped.
Some ECN require 10k, I don't have it yet.
Some MM are bucket shop with virtual spikes of 170 pip ( not pipets, but pips! or Aplari or FXDD has this one 2-3 year ago)
Some MM spamming my phone like crazy to trade in they platform...
The question is where to go now?
Dukascopy EU: expensiver a lot, than Oanda, but: at weekend time max leverage is 30:1, if at Friday I would like to take a 100:1 position to "correct"my losing trade, than is extremely hard to get out in winning Monday, because they will auto-hedge my positions to have only 1:30 leverage. No FF Trade explorer integration.They report system is so useless as Oanda's one. Need at least the FF's one!
I don't really like MT4, not a fan of it, and I am using macosx as OS. I don't want to buy a windows license to run the broker's platform and switch always the OS, not sure if with Parallels is working, but hard to set up .net based apps with wine. So I do prefer Java based desktop version, and should have a powerfully mobile version ( Dukas is a "standard" for me, it can be improved).
With Oanda never had spikes, only widening spreads at news, but those are normal.
I don't blame any broker for news release time (NFP) filling my orders with even 5 pip far away from my ordered price. I know the technical background for that! If you don't have a decent wired connection and don't stay in the same town WHERE is HOSTED YOUR BROKER TRADE SERVER you shouldn't blame they for this.
From both above broker I have withdraw my money without problems.
I am planning to play with 1k-5k usd ( around 2-3k ) and I have traded a bit more than 1 standard lot at Oanda ( 1:50 ) when I have scalped.
Some ECN require 10k, I don't have it yet.
Some MM are bucket shop with virtual spikes of 170 pip ( not pipets, but pips! or Aplari or FXDD has this one 2-3 year ago)
Some MM spamming my phone like crazy to trade in they platform...
The question is where to go now?
I want to buy PATIENCE