Too many Introducing Brokers spinning around internet looking for unwary traders to engrose the client list of Dukas, that's the special about Kascopy.
PS: the same with FXOpen
You see, at this point in time, April 29 2010, I see every single broker spitting out IB's from asia and europe and spam advertising everything.
The fact you singled out two particular brokers, means you have some sort of bias imo..
Dukascopy fills can be a problem, but rarely. I have used them on and off for approx 4 yrs Everytime things get weird, I leave, then come back.
I do however state, that a true ECN will not take volume below 100 000 UNITS.
IF you believe otherwise you are niave, or to be blunt, stupid. The ECN spin is becoming a very new concept in FX trading seeing as though people are so against the broker. Its a good advertising concept.
However, there are only 3-5 of them that are truely ECN and only 2 on MT4.
Interactive brokers, is not one of them. Nor is the most popular 'mt4 ecn'
Most ppl should know who that is by now.Dukascopy don't hide anything as far as I can see, they tell you that you will be aggregated for volume under 100k and then direct from 100k on. This is probably because you can't fit fractionals into an orderbook. It doesn't work and no liquidity provider will take it. I mean which bank will want a 1 dollar fill and then 99k pending on a certain level?
The other thing to remember is that 99% of retail traders cannot handle an ecn environment. Anyone who complains of slippage or partial fills on ecn, in my opinion is an idiot.
The first rule of investing is, know your investment. If you are investing in ECN FX at least know how the hell it works...
