Vantage FX Vs Pepperstone? True STP/ECN Brokers? Who's better? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

True ECN/STP Broker recommendations 187 replies

True ECN STP and Regulated Broker for $500 account? 7 replies

True ECN/STP Broker 7 replies

NDD+STP+ECN and (or) NDD+STP with MT4 - Broker Comparison list 6 replies

Attachments: Vantage FX Vs Pepperstone? True STP/ECN Brokers? Who's better?
Exit Attachments

Vantage FX Vs Pepperstone? True STP/ECN Brokers? Who's better?

  • #21
  • Jul 17, 2020 4:50am Jul 17, 2020 4:50am
Quoting KoiFish
If the broker isn't the market maker then it's their liquidity provider/s. Take gold for example (during Asian session); the spread on gold might only be 13 points - but if you have access to the market depth you'll see there is only 100 oz (1 lot) worth of liquidity at where the spread is shown. If you want to trade 5 lots then the spread becomes 19 points.. 10 lots = 35 points, 20 lots = 46 points, 50 lots = 55 points. Obviously all these bids & offers are MM orders, whether it's your broker or their liquidity providers. {image}
Thanks for your information bro very helpful
  • #22
  • Jul 29, 2020 4:21am Jul 29, 2020 4:21am
Hello. I'm considering to use Vantage FX as a broker. I read in reviews that their reputation has taken a hit in recent years especially since they moved their headquarters to China.

Just want to check if the above claims are true?

Thanks.
  • #23
  • Oct 16, 2020 2:09am Oct 16, 2020 2:09am
There is no true ECN/STP brokers, most of them are hybrid, which means they can be ECN/STP and at the same time they can be marker maker who profits from your losses in trading. What I know is that most of the brokers put you under B book if you just open your trading account with them, your trades will never be passed to liquidator, then they will monitor your performance (sometimes they will use AI to study your trades), if you can make profit consistently, they will move your portfolio to A book which mean they will not bet against you.
  • #24
  • Edited 9:31pm Oct 18, 2020 9:02pm | Edited 9:31pm
Quoting tk-forex
There is no true ECN/STP brokers, most of them are hybrid, which means they can be ECN/STP and at the same time they can be marker maker who profits from your losses in trading. What I know is that most of the brokers put you under B book if you just open your trading account with them, your trades will never be passed to liquidator, then they will monitor your performance (sometimes they will use AI to study your trades), if you can make profit consistently, they will move your portfolio to A book which mean they will not bet against you.
I had the same impression as you that there was no true ecn broker untill I came across GlobalPrime. Its been 4 years now I have been trading with them and I have never experienced any stop hunting or b book behavior at all. Don't take my word for it, join thier discord server and you can feel the difference yourself. Here are some links which might help you to see why I think Globalprime is real deal. https://www.globalprime.com/account/ecn/ and read this for trade receipts they offer for each of your trade showing which liquidity provider was on the other side of your trade https://www.globalprime.com/trade-receipts/ , watch this video where they explain why they are different and how they are setting industry on right path
Inserted Video
.GP is also running a demo and real account competition so you can test the waters without depositing via demo comp.

Cheers.
Game taught me the game. And it didnt spare me the rod while teaching
  • #25
  • Oct 18, 2020 10:51pm Oct 18, 2020 10:51pm
Quoting Singh1
{quote} I had the same impression as you that there was no true ecn broker untill I came across GlobalPrime. Its been 4 years now I have been trading with them and I have never experienced any stop hunting or b book behavior at all. Don't take my word for it, join thier discord server and you can feel the difference yourself. Here are some links which might help you to see why I think Globalprime is real deal. https://www.globalprime.com/account/ecn/ and read this for trade receipts they offer for each of your trade showing which liquidity...
What I mean when broker put your under B book isn't mean that they will stop-hunting your position, what I mean is that they just simply stop sending your order to liquidator and they take your bet instead because they know the odds of winning is on their side, so theoretically you won't notice if you your on A or B because the trading environment will be the same.
  • #26
  • Oct 19, 2020 11:55am Oct 19, 2020 11:55am
Quoting tk-forex
{quote} What I mean when broker put your under B book isn't mean that they will stop-hunting your position, what I mean is that they just simply stop sending your order to liquidator and they take your bet instead because they know the odds of winning is on their side, so theoretically you won't notice if you your on A or B because the trading environment will be the same.
This ain't correct - when a client is switched from A to B their liquidity profile changes as they go from real market to 'perfect fills like demo', This affects price sensitive algo traders and traders that trade in size as the execution can be vastly different from A to B book. Especially if there is not a lot of focus put on the A-book stream as the broker is focussing more on the B-book rather than a proper A-book broker which has their focus on building amazing A-book liquidity. Maybe watch the YouTube video I posted in earlier comment about trade receipts. Why even say you are a ecn broker if you going to B book is my point.

Cheers
Game taught me the game. And it didnt spare me the rod while teaching
  • #27
  • Last Post: Nov 2, 2020 3:08am Nov 2, 2020 3:08am
Quoting Singh1
{quote} I had the same impression as you that there was no true ecn broker untill I came across GlobalPrime. Its been 4 years now I have been trading with them and I have never experienced any stop hunting or b book behavior at all. Don't take my word for it, join thier discord server and you can feel the difference yourself. Here are some links which might help you to see why I think Globalprime is real deal. https://www.globalprime.com/account/ecn/ and read this for trade receipts they offer for each of your trade showing which liquidity...
Yes, GP is one of the most reliable broker available in the market, btw they own rubixfx as well, Both platform are subsidiaries of Gleneagle.
0 traders viewing now