Best for carry trades?

Looking for brokers that handle carry trades well with low spreads on currencies such as NZD/JPY, AUD/JPY, GBP/JPY

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Good Luck

mb trading has little or no spread, spreads change by as little as 1/10 of a pip. they are a pass through broker and do not make the market. you are trading with the banks etc. they charge a small fee like a stock broker but they are the only broker I have found that doesn't hunt stops and doesn't have a trading desk. good luck

Well, that is such a biased and terrible advise. MB trading would be my last choice for carry trades if I had to choose between all available ECN brokers. The reason is simple. They have one of the highest commission rates in the market and offer the worst swap (interest). For a carry trader negative interest can take away a large portion of profit and positive interest adds considerably to profits. And your statement about brokers hunting stop losses is just silly. If a broker were to hunt stops for a carry trade, they would either have to give a wrong quote way off from the market price(which would be clear fraud) or will have to pump in billions of dollars into the market to move the interbank price to hunt that $3000 stop loss. The only time when brokers hunt stop losses is when stop loss is only few pips from market price and market is moving extremely fast as during news, so that brokers can get away with giving a slightly false quote.

clear fraud is the key phrase here. Brokers with trading desks commit clear fraud every day with complete impunity. They set the price and the spread and at times create spikes that won't show up on pass through brokers charts. If you think brokers don't hunt stops and trade against you you're living in la la land.

I actually started a thread on this a few montns ago...see below.

http://www.forexfactory.com/showthread.php?t=63411

Stop hunting is completely irrelevant for carry trading.

Oanda is very good, Alpari UK is good as well. Both pay very good swaps (I have live accounts with both of them). You don't need an ECN for carry trading, even this dealing desk isn't a disadvantage, because you don't scalp.

Regards - Xaron