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4 decimal price broker

  • #1
  • First Post: Jul 12, 2010 3:16am Jul 12, 2010 3:16am
Hi folks
Can anyone help please? My broker IB FX have just changed my account to a 5 decimal price . I've tried to use these before and cannot get on with it ! Can anyone recommend a good 4 Decimal broker
Thanks
  • #2
  • Jul 18, 2010 9:18am Jul 18, 2010 9:18am
I'm going to be leaving IBFX soon...as soon as I can find a broker with 4 decimals. Are there any 4 deimal brokers remaining in the US? Please advise....thanks.....
  • #3
  • Jul 18, 2010 9:21am Jul 18, 2010 9:21am
Hi,

Why you cant to stick with 4 decimal as the market new standard is moving to 5 decimals? All 4 decimal brokers are market makers not my best choice. Also some use 5 decimals to be more tricky & widen the spread & maximaze their own profits.

Regards
13
Brokers are angels
  • #4
  • Jul 18, 2010 9:55am Jul 18, 2010 9:55am
You can use demofeed of another broker and make trades through this one.
Aut cum scuto, aut in scuto
  • #5
  • Jul 20, 2010 7:21pm Jul 20, 2010 7:21pm
Quoting mlawren2
Hi folks
Can anyone help please? My broker IB FX have just changed my account to a 5 decimal price . I've tried to use these before and cannot get on with it ! Can anyone recommend a good 4 Decimal broker
Thanks
FXDD
  • #6
  • Jul 20, 2010 10:07pm Jul 20, 2010 10:07pm
Quoting TC East
FXDD
Just received email from FXDD that they are moving to 5 decimals on August 15 but it seems they are sticking with instant order instead of moving to market order.
  • #7
  • Jul 21, 2010 1:31pm Jul 21, 2010 1:31pm
Quoting PipStar
Just received email from FXDD that they are moving to 5 decimals on August 15 but it seems they are sticking with instant order instead of moving to market order.
Ok thanks. Haven't heard anything yet, but they still send stuff to my old email sometimes...
  • #8
  • Jul 26, 2010 12:51pm Jul 26, 2010 12:51pm
fxopen gives you the option of both.
  • #9
  • Jul 27, 2010 1:36am Jul 27, 2010 1:36am
Ok thanks folks , I'm trying out FXDD at the moment
  • #10
  • Jul 27, 2010 4:30pm Jul 27, 2010 4:30pm
Quoting mlawren2
Ok thanks folks , I'm trying out FXDD at the moment

fxdd have terrible execution. you're better off with someone like fxcm, fxopen or gain.
  • #11
  • Jul 28, 2010 2:06am Jul 28, 2010 2:06am
Ok , will look at the ones recommended . That's exactly the info I was looking for, thanks
  • #12
  • Jul 28, 2010 10:40am Jul 28, 2010 10:40am
Quoting mlawren2
Ok , will look at the ones recommended . That's exactly the info I was looking for, thanks
Probably best to try them out yourself and see what YOU think. You'll hear every opinion under the sun here. For what it's worth, I've had a live FXDD account for about 2 years trading both large and small lot sizes, and execution is generally excellent; not sure what the guy above is talking about. And he's recommending Gain?? Have you read the news about them lately?

FXDD is a bucketshop of course, but I've had MT4 accounts with IBFX, MIG, FxPro, Alpari, and IKON, and out of all those, execution at FXDD is by far the best.

Best wishes...
  • #13
  • Jul 30, 2010 6:02am Jul 30, 2010 6:02am
fxdd execution better than fx open's? give me a break.
  • #14
  • Jul 30, 2010 6:09am Jul 30, 2010 6:09am
Quoting qwertymyfx
fxdd execution better than fx open's? give me a break.
Lol....I never even mentioned FxOpen, but sure, you can have a break...
  • #15
  • Last Post: Jul 30, 2010 9:52am Jul 30, 2010 9:52am
Quoting PipStar
Just received email from FXDD that they are moving to 5 decimals on August 15 but it seems they are sticking with instant order instead of moving to market order.
Look forward to the requotes then.

Dont understand what people have against 5 decimal place, that is the market. I'd rather have a 1.4 pip than 2 pip spread!
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