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  • #81
  • Sep 3, 2008 8:20am Sep 3, 2008 8:20am
This is available now on http://www.aarontrade.com/html/forex...tructures.html

Its some sort of currenex lite, with everyone jumping the retail market currenex does want its slice of the cake too, apparently.

Commissions are not too sexy ($50 to $35 volume tiered, like MB Trading). No interest on cash deposits, but T-Bills (as well as european govt debt) can be used for margin collateralization.
  • #82
  • Sep 3, 2008 8:32am Sep 3, 2008 8:32am
Quoting shrike
This is available now on http://www.aarontrade.com/html/forex...tructures.html

Its some sort of currenex lite, with everyone jumping the retail market currenex does want its slice of the cake too, apparently.

Commissions are not too sexy ($50 to $35 volume tiered, like MB Trading). No interest on cash deposits, but T-Bills (as well as european govt debt) can be used for margin collateralization.
thats because they are a gib so they offer everything that ADM has to offer.
  • #83
  • Sep 3, 2008 8:41am Sep 3, 2008 8:41am
Whats a gib? Some sort of IB?
  • #84
  • Sep 3, 2008 12:59pm Sep 3, 2008 12:59pm
Guaranteed Introducing Broker - ADM puts up their net cap and because of this they can only introduce business to ADM.
  • #85
  • Aug 19, 2009 1:58pm Aug 19, 2009 1:58pm
Is it finally here?? After 2 years? Looks nice though. Check out the spreads on the gbp/jpy. I have not seen any brokers with the spreads that low. I signed up earlier today for the platform but nothing in my email yet.

Inserted Video


Quoting forexmoments
I see no harm in posting the link for the benefit of everyone.
  • #86
  • Aug 19, 2009 2:25pm Aug 19, 2009 2:25pm
Quoting XXTrader
Check out the spreads on the gbp/jpy.
Those don't appear to be shown.
  • #87
  • Aug 19, 2009 2:33pm Aug 19, 2009 2:33pm
Quoting XXTrader
Is it finally here?? After 2 years? Looks nice though. Check out the spreads on the gbp/jpy. I have not seen any brokers with the spreads that low. I signed up earlier today for the platform but nothing in my email yet.

http://www.youtube.com/watch?v=XN8_GwCl-DY
Wait a little while you should have it. I have signed up on 13th August.
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  • #88
  • Aug 21, 2009 8:45am Aug 21, 2009 8:45am
the Viking platform is available for traders depositing 25k at CMS as part of their institutional offering. Demos are free.
  • #89
  • Aug 21, 2009 9:20am Aug 21, 2009 9:20am
Quoting mattrader
Wait a little while you should have it. I have signed up on 13th August.
nothing amazing there Interactive Brokers has as good to better spreads.

IB all the way plus min 10K usd deposit to get u going.
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  • #90
  • Aug 21, 2009 10:05am Aug 21, 2009 10:05am
ADM Derivatives

ADMD offer slightly different setups depending on your account balance. If you have $75,000 or more you can jump straight in with their Currenex Pro platform.

If your pennies don’t quite reach that far but you do have $2500 you can opt for their Currenex Lite option (which goes by the name of Viking Trader). They allow 100:1 leverage.

In striking contrast to MB Trading their commission is only $2.25 per $100,000 traded ($4.5 round trip).

To balance things out they do have one restriction that I don’t like at all:
the minimum lot is a 1 standard lot (100,000 units of base currency). This means that if you opened an account with the minimum amount of $2500 and traded just one lot of EUR/JPY (when EUR/USD was 1.4000) then your initial gearing is 56:1! Oww!

Their customer service seems to be good;
  • #91
  • Aug 21, 2009 10:11am Aug 21, 2009 10:11am
Quoting traderfx
ADM Derivatives

To balance things out they do have one restriction that I don’t like at all:
the minimum lot is a 1 standard lot (100,000 units of base currency). This means that if you opened an account with the minimum amount of $2500 and traded just one lot of EUR/JPY (when EUR/USD was 1.4000) then your initial gearing is 56:1! Oww!
That could be a suicide mission for many a new trader

Quote
In striking contrast to MB Trading their commission is only $2.25 per $100,000 traded ($4.5 round trip).
Fraak cheap as chips, even better then IB at min $2.5US a side.

MB are expensive on coms. So are ATC @ 8$ a 100K lot
  • #92
  • Aug 21, 2009 11:58am Aug 21, 2009 11:58am
yeah if your gonna trade with a broker who only off 100k lots then you should start with nothing less then 25k if not more, adm viking trader is the best i seen, better then currenex orignal platform, cms also has this platform and also Ikon gm
  • #93
  • Aug 21, 2009 4:18pm Aug 21, 2009 4:18pm
I compared both and overall the Viking still has better spreads. I have seen the eur/usd and gbp/usd at zero pips on the Viking. Also, the usd/jpy on the Viking is avg .5 pips... On IB's platform its more in the range of 1.2-1.9.

One more thing, i have a few friends in my grouip that are live on the IB platform and there is is always slippage not in your favor. In any event.. its been a great week for me!!!!! Enjoy your weekend everyone.

Quoting >Apocalypto<
nothing amazing there Interactive Brokers has as good to better spreads.

IB all the way plus min 10K usd deposit to get u going.
  • #94
  • Aug 21, 2009 4:21pm Aug 21, 2009 4:21pm
I compared the spreads between Ikon, FastBrokers, and PFG. Ikon spreads are much higher, and FastBrokers and PFG are similar, but FastBrokers spreads are a tad tighter.

Quoting traderfx
yeah if your gonna trade with a broker who only off 100k lots then you should start with nothing less then 25k if not more, adm viking trader is the best i seen, better then currenex orignal platform, cms also has this platform and also Ikon gm
  • #95
  • Edited 10:53pm Aug 21, 2009 9:22pm | Edited 10:53pm
Quoting XXTrader
I compared both and overall the Viking still has better spreads. I have seen the eur/usd and gbp/usd at zero pips on the Viking. Also, the usd/jpy on the Viking is avg .5 pips... On IB's platform its more in the range of 1.2-1.9.
LOL buddy if you want to say something do your home work. Interactive Brokers spreads always move in 1/2 pips. unless I am missing something. it can only be .5 or 1 or 1.5 never ever have i seen 1.9, on ATC yes on IB never.

Quote
One more thing, i have a few friends in my grouip that are live on the IB platform and there is is always slippage not in your favor. In any event.. its been a great week for me!!!!! Enjoy your weekend everyone.
I can agree I have had some minor slippage on exit but when u trade 80 -100K lots on the interbank you cant expect to get your price like that every time. even 100K is very small for an interbank order can take a little more time to fill) you also have to know how to exit, I always exit into strength in my favor on 1min chart never when it's coming back at me.

good to hear u had a good week, have a nice weekend
  • #96
  • Aug 22, 2009 7:23am Aug 22, 2009 7:23am
Quoting XXTrader
I compared the spreads between Ikon, FastBrokers, and PFG. Ikon spreads are much higher, and FastBrokers and PFG are similar, but FastBrokers spreads are a tad tighter.
you sure pfg has it? i thought they only had the orignal currenex platform
  • #97
  • Aug 26, 2009 5:20am Aug 26, 2009 5:20am
I tried Fastbroker's Viking platform. They must be an IB to FXDD because they use an FXDD demo platform. The spreads are higher than Interactive's. I don't think they've got a real Currenex quality feed.
  • #98
  • Aug 26, 2009 9:20am Aug 26, 2009 9:20am
Quoting MartinFx
I tried Fastbroker's Viking platform. They must be an IB to FXDD because they use an FXDD demo platform. The spreads are higher than Interactive's. I don't think they've got a real Currenex quality feed.
Yes Fastbrokers is just an IB; for FXDD and a few others I believe.

One note on ATC's commissions (from someone's earlier post): it is correct that commission is $8/100K round turn, but it's $8 regardless of pair traded. That's a huge advantage when trading GBP pairs for example. MBT's commission is or was $5 per side ($10 RT)/100K of USD, so if you trade GBP pairs, the RT commission comes out to over $16, whereas that same trade at ATC is still just $8. Big difference.

Of course it works the opposite for AUD and NZD pairs, but if you trade GBP and EUR mainly (as I do), the $8 fixed RT is great...
  • #99
  • Aug 26, 2009 11:19am Aug 26, 2009 11:19am
Yes, spreads on Viki's currenex platform aren't that tight as claimed.
  • #100
  • Aug 26, 2009 11:47am Aug 26, 2009 11:47am
Quoting TC East
Yes Fastbrokers is just an IB; for FXDD and a few others I believe.

One note on ATC's commissions (from someone's earlier post): it is correct that commission is $8/100K round turn, but it's $8 regardless of pair traded. That's a huge advantage when trading GBP pairs for example. MBT's commission is or was $5 per side ($10 RT)/100K of USD, so if you trade GBP pairs, the RT commission comes out to over $16, whereas that same trade at ATC is still just $8. Big difference.

Of course it works the opposite for AUD and NZD pairs, but...
also if you traded with MBT when cable was above 2.00 you was paying $20+ r/t, big diffrence.
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