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MT4 Fixed Spread Brokers

  • #1
  • First Post: May 23, 2007 12:10pm May 23, 2007 12:10pm
Hi,
Could anyone please tell me If there are brokers that offer fixed spread on the majors and have MetaTrader 4 as their trading station out there?

Thanks
  • #2
  • May 23, 2007 1:27pm May 23, 2007 1:27pm
Quoting saaedb
Hi,
Could anyone please tell me If there are brokers that offer fixed spread on the majors and have MetaTrader 4 as their trading station out there?

Thanks
all offers fixed spread but none respect them on news event...

maybe you could use the search function... or it is not working for you maybe ?
  • #3
  • May 23, 2007 1:46pm May 23, 2007 1:46pm
Mel,

You're somewhat right...the spreads are, for the most part, fixed...but there are a few FIXED spread brokers that keep spreads completely fixed even during low liquidity periods (like news events). FX Solutions happens to be one of those brokers (last time I checked).

The problem with saying that all MT4 brokers offer fixed spreads is that it's simply not true. There have been periods in the days when I've seen a few spreads widen a few pips for a tick or 2 (I guess to trigger an order or something).

Fixed spreads means that regardless of the market participants, the spreads remained constant.

Quoting melpheos
all offers fixed spread but none respect them on news event...

maybe you could use the search function... or it is not working for you maybe ?
  • #4
  • May 23, 2007 4:11pm May 23, 2007 4:11pm
Quoting mrmikal
Mel,

You're somewhat right...the spreads are, for the most part, fixed...but there are a few FIXED spread brokers that keep spreads completely fixed even during low liquidity periods (like news events). FX Solutions happens to be one of those brokers (last time I checked).

The problem with saying that all MT4 brokers offer fixed spreads is that it's simply not true. There have been periods in the days when I've seen a few spreads widen a few pips for a tick or 2 (I guess to trigger an order or something).

Fixed spreads means that regardless of the market participants, the spreads remained constant.
Hey, Thanks.
I checked out FXSolutions, they dont offer MT4 as their trading station.
  • #5
  • May 24, 2007 4:51am May 24, 2007 4:51am
Quoting saaedb
Hey, Thanks.
I checked out FXSolutions, they dont offer MT4 as their trading station.
check out odl.
If I Go Broke Trying Then I Will die happy.
  • #6
  • May 24, 2007 5:01am May 24, 2007 5:01am
Hey Moe, have you opened your currenex account yet? Weren't you looking at aarontrade at some stage? Or did you decide to stick with the retail brokers?
  • #7
  • May 24, 2007 3:53pm May 24, 2007 3:53pm
Quoting PipStar
Hey Moe, have you opened your currenex account yet? Weren't you looking at aarontrade at some stage? Or did you decide to stick with the retail brokers?
Whats up pipstar, i decided to stick with retail, i do have sereval account with diffrent brokers, but my main broker is with odl they offer me up to 100million per click im not there yet but the other day i did 10million i brought pound and everything went smooth, so untill i get up to 100million per click i will stay with them, also i get 3 pip spread on gbp/usd so im pretty happy with them.
If I Go Broke Trying Then I Will die happy.
  • #8
  • May 24, 2007 4:00pm May 24, 2007 4:00pm
Quoting PipStar
Hey Moe, have you opened your currenex account yet? Weren't you looking at aarontrade at some stage? Or did you decide to stick with the retail brokers?
oh by the way if i do decide to leave retail i am going with vcapfutures, they or an ib for manfx and fcstone. arronetrade is ok, but vcap is better and if i do go with them it will be fxall platform not currenex, i test drive there platform and let me tell you there was 300million plus per click they or the real deal.
If I Go Broke Trying Then I Will die happy.
  • #9
  • May 24, 2007 9:04pm May 24, 2007 9:04pm
Quoting Moe
Whats up pipstar, i decided to stick with retail, i do have sereval account with diffrent brokers, but my main broker is with odl they offer me up to 100million per click im not there yet but the other day i did 10million i brought pound and everything went smooth, so untill i get up to 100million per click i will stay with them, also i get 3 pip spread on gbp/usd so im pretty happy with them.
Is this on their metatrader platform? I would imagine that they have the same widening spreads at news?
  • #10
  • May 24, 2007 9:06pm May 24, 2007 9:06pm
yes there mt-4 platform, 99% of the time spreads stay the same, i cound't beleive it.
If I Go Broke Trying Then I Will die happy.
  • #11
  • May 25, 2007 3:22am May 25, 2007 3:22am
if a broker guarantee fixed spread on news, u should ask how do they forward your order to the their bigger broker....
  • #12
  • Jan 20, 2008 4:43am Jan 20, 2008 4:43am
Hey Moe,

Does ODL widen spread during news?
  • #13
  • Jan 20, 2008 5:21am Jan 20, 2008 5:21am
aleccohfx offer fixed spreads even in news
  • #14
  • Jan 20, 2008 10:13am Jan 20, 2008 10:13am
Quoting RxPipDaddy
Hey Moe,

Does ODL widen spread during news?
you don't want to trade news with odl they will close your account. if you are a swing/day trader they will treat you good.
If I Go Broke Trying Then I Will die happy.
  • #15
  • Jan 20, 2008 11:04am Jan 20, 2008 11:04am
Problem with fixed spread brokers is that their execution can be unreliable.
  • #16
  • Last Post: Jan 24, 2008 10:17am Jan 24, 2008 10:17am
Quoting saaedb
Hi,
Could anyone please tell me If there are brokers that offer fixed spread on the majors and have MetaTrader 4 as their trading station out there?

Thanks
there are some fixed spread broker, but I hope you don't need them for newstrading
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