Hey guys,
Can anyone suggest a good broker for trading GBPJPY? i have thought about MBT, Interactive Broker since they are ECN brokers, but also thinking of Oanda..... which broker offers the best spread for gbpjpy and less slippage from your experience?
At first i have narrowed it down to only ecn brokers, but then i read an article and it says that even with ecn broker, they can still cause slippage and rip you off through their software.... so now i'm torn between ecns or market maker, oanda, mbt, IB, or whatever you guys can recommend.
I will be mainly trading GBPJPY GBPCHF.... since i will be using forex during the late hours (eastern time, u.s.) since i trade stocks and futures in the daytime.
My account size will most likely be 10k-20k because i dont want to use too much leverage.
My style of trading is daytrading via 3min, 5min, 9min charts... and will probably place 3-10 trades a day.
If anyone can recommend a good broker, i would greatly appreciate it. 'cuz right now i'm really torn between a few i have narrowed down, however, i'm opened for suggestions, and would love to hear what yo uhave to say about each of them
Can anyone suggest a good broker for trading GBPJPY? i have thought about MBT, Interactive Broker since they are ECN brokers, but also thinking of Oanda..... which broker offers the best spread for gbpjpy and less slippage from your experience?
At first i have narrowed it down to only ecn brokers, but then i read an article and it says that even with ecn broker, they can still cause slippage and rip you off through their software.... so now i'm torn between ecns or market maker, oanda, mbt, IB, or whatever you guys can recommend.
I will be mainly trading GBPJPY GBPCHF.... since i will be using forex during the late hours (eastern time, u.s.) since i trade stocks and futures in the daytime.
My account size will most likely be 10k-20k because i dont want to use too much leverage.
My style of trading is daytrading via 3min, 5min, 9min charts... and will probably place 3-10 trades a day.
If anyone can recommend a good broker, i would greatly appreciate it. 'cuz right now i'm really torn between a few i have narrowed down, however, i'm opened for suggestions, and would love to hear what yo uhave to say about each of them
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