MT4 ECN brokers | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

MT4 moves to ECN (2 unique brokers) 52 replies

Best ECN Brokers for automated trading using C language or MT4??? 5 replies

MT4 with ECN brokers' list 32 replies

The best ECN broker to move to from MT4 brokers. EA trading must be supported 8 replies

any experience with atc brokers mt4 with ECN data feed? 0 replies

MT4 ECN brokers

  • #1
  • First Post: Dec 21, 2007 7:55am Dec 21, 2007 7:55am
Hi,

Are there any ECN brokers that handle MT4 for automated trading?
Which ones?

Thanks.
Nizar.
  • #2
  • Dec 21, 2007 7:44pm Dec 21, 2007 7:44pm
You should ask this question in the brokers section.
  • #3
  • Dec 25, 2007 2:46am Dec 25, 2007 2:46am
http://www.forexfactory.com/showthread.php?t=39026
  • #4
  • Dec 25, 2007 10:31am Dec 25, 2007 10:31am
Quoting Nizar
Hi,

Are there any ECN brokers that handle MT4 for automated trading?
Which ones?

Thanks.
Nizar.
None, although bridges have been made to do this. Some brokers are working on a bridge.
One is 360fx.com
They have 25k min to open an account, and so far, the customer service isnt that great from what can tell. They use IkonRoyal as a liquidity provider.
  • #5
  • Feb 27, 2009 1:37am Feb 27, 2009 1:37am
Quoting Nizar
Hi,

Are there any ECN brokers that handle MT4 for automated trading?
Which ones?

Thanks.
Nizar.
There are now 2 brokers that I know of, will be offering genuine ECN trading on MT4. The first is MBTrading and the second in the middle of transitioning into ECN is GoMarkets.com (if you are Australian). MT4 has only been enabled to do this within the last 6 months.


There were many broker before hand that were offering ECN with MT4, however MT4 was not truely capable of it. Hence brokers that were doing that must have been adapting the platform or using an unusual way of supplying the data to the platform.
  • #6
  • Jul 11, 2009 10:27pm Jul 11, 2009 10:27pm
Try this link.....



http://www.100forexbrokers.com/mt4forexbrokers
  • #7
  • Mar 2, 2010 12:52pm Mar 2, 2010 12:52pm
PFGBEST has an ECN that allows for automated trading.

9 banks provide liquidity
Trader anonymity
STP

Check out the brokers section for more information.
  • #8
  • Mar 2, 2010 2:05pm Mar 2, 2010 2:05pm
Quoting Pfgbest Fx
PFGBEST has an ECN that allows for automated trading.

9 banks provide liquidity
Trader anonymity
STP

Check out the brokers section for more information.
Hi,

I heard it's $12 per roundtrip and spread on EURUSD is ~1 pip. But I've heard someone actually asked to lower the commission to around $8, how is this possible?

Also, what is the minimum to open a mini account for MT4 EA?

Thanks
  • #9
  • Mar 3, 2010 1:08pm Mar 3, 2010 1:08pm
Quoting Skyhr
Hi,

I heard it's $12 per roundtrip and spread on EURUSD is ~1 pip. But I've heard someone actually asked to lower the commission to around $8, how is this possible?

Also, what is the minimum to open a mini account for MT4 EA?

Thanks
The Commission structure that I use is based on per million currency traded instead of per million USD traded. Commission is standard $5 per standard lot traded or $10 per roundtrip. Spread on EUR/USD is variable because of the ECN environment and fluctuates between .5 to 1.5 pips. so ~ 1pip is a decent guideline. Bear in mind that the banks do not see your pending orders with us so they price accordingly. Yes commission could go lower based on volume but there is no standardized table for this.
  • #10
  • Last Post: Mar 3, 2010 2:06pm Mar 3, 2010 2:06pm
Quoting PFGBEST
Yes commission could go lower based on volume but there is no standardized table for this.
When you say based on volume, I'm assuming the more we trade, the lower the commissions can go?
0 traders viewing now