You closed that thread just as I was going to post, strange, why close it?
Ok sine I was a tad late to post I wil i a new thread, I think the posters in the first thread were a little confused, please read http://www.forexfactory.com/showthread.php?t=59755
I was under the same impressions of RCG demo;'s until I called and inquired, you guys are looking at the wrong price feeders in demo’s,, try this, right click on the prices window and select symbols then make sure you have the symbols labeled “forex-STP” their you will find the right pairs that reflect live retail accounts, in a gray background.
Also note that the demos “forex” symbols as well as the live accounts “forex” symbols are fractional pricing as they would be when coming direct from the banks so what some off you may see as 12 pips is actually 1.2 do to this fractural pricing setup, takes a little getting use to but this is true bank pricing.
IMHO retail spreads aren’t bad. they do seem to widen during news but no were near what I’ve seen form some of these other brokers, lets face it, no one what’s news traders thease days, not even banks. If you can’t trade profitable without the news, your doomed.
Now If you really what killer spreads, fork over the 250k for the institutional account were you in joy direct bank prices .5 to 4 and pay a fee to access,
Attaching screenshots,, all in all this broker deserves more watching I myself am just testing the waters in both retail and institutional prier to pulling the trigger for my real mm allocations. One of the best parts of them is they are one of the best names in the futures and a fully lessened and registered on exchange broker with CME and to me means the world to me in light of the new regulations coming.
Ok sine I was a tad late to post I wil i a new thread, I think the posters in the first thread were a little confused, please read http://www.forexfactory.com/showthread.php?t=59755
I was under the same impressions of RCG demo;'s until I called and inquired, you guys are looking at the wrong price feeders in demo’s,, try this, right click on the prices window and select symbols then make sure you have the symbols labeled “forex-STP” their you will find the right pairs that reflect live retail accounts, in a gray background.
Also note that the demos “forex” symbols as well as the live accounts “forex” symbols are fractional pricing as they would be when coming direct from the banks so what some off you may see as 12 pips is actually 1.2 do to this fractural pricing setup, takes a little getting use to but this is true bank pricing.
IMHO retail spreads aren’t bad. they do seem to widen during news but no were near what I’ve seen form some of these other brokers, lets face it, no one what’s news traders thease days, not even banks. If you can’t trade profitable without the news, your doomed.
Now If you really what killer spreads, fork over the 250k for the institutional account were you in joy direct bank prices .5 to 4 and pay a fee to access,
Attaching screenshots,, all in all this broker deserves more watching I myself am just testing the waters in both retail and institutional prier to pulling the trigger for my real mm allocations. One of the best parts of them is they are one of the best names in the futures and a fully lessened and registered on exchange broker with CME and to me means the world to me in light of the new regulations coming.