Bolt, to reduce that risk the Interbank market is the only way,
brokers like Dukascopy, Currenex, Interactive Brokers which don't deal against you ..and finally the big one of course..ICAP, which is now also allowing quote based manual trading for non-banks...
Cheers,
PP
brokers like Dukascopy, Currenex, Interactive Brokers which don't deal against you ..and finally the big one of course..ICAP, which is now also allowing quote based manual trading for non-banks...
Cheers,
PP
Dislikedits funny how so many think you can turn 10k to a Mil just as easy as 100 bucks to 10k. One of the main reasons is the brokers radar. If you make large gains but are below the average of the portfolio for that broker your trades will be fully automated and will clear through within 2 or 3 seconds. However, once you start trading over 100k you become the minority and will influence the portfolio of your broker and will then be put on manual. Your every trade then passes through to a dealer that then decides when your trade goes through. This can take well over 30 seconds on most trades once over 100k nor will stops and tps's work properly.
Bear in mind that almost all retail brokers aggregate all the mini lot accounts say 50,000 of them then and only then hedge out to the real market themselves to offset the risk knowing full well 90% of traders lose they will win. With only 10% winning accounts they will be about 3% of accounts which are large and troublesome for the broker and its these accounts that get the manual treatment as they pose a risk to their own hedge fund. So the bottom line is once you hit about 100k or notice fills over 5 seconds its time to take a fat profit and start againIgnored