Hey Marv,
Wrong Dude!
I don't work for or with STFX. I am just a new (noob) client expressing my own thoughts.
chris
Wrong Dude!
I don't work for or with STFX. I am just a new (noob) client expressing my own thoughts.
chris
Interbank FX Trader 4 vs. SmartTradeFX ECN MetaTrader 4.0 3 replies
DislikedIf they are an STP broker, how can they be a bucketshop? Pardon my ignorance if that seems naive. I know what a bucketshop is, but my understanding of a STP/ECN broker is that they can't manipulate the trades and therefore can't be a "bucketshop"
If they turn out to be bad news, who do you suggest here in canada?Ignored
DislikedIt reads : "Your deposit stays in Euro's, no need to convert to USD if your in Europe"
That's two mistakes in one sentence, sounds like some high school kid, lol.Ignored
DislikedBeljevina,
how can you judge execution speed and quality of fills by using a demo account ?Ignored
DislikedTRUE: a lot of bucketshop brokers state ECN stp. etc. But they are not. Brokers will turn your trading functions off to prevent scalpers/arbitrage trading. Brokers delay execution for their advantage. Brokers requote your order whether entering or exiting your position.
And now FXCM is on the NYSE to raise capital as their customer basis steadily decline even with all their marketing efforts.Ignored
DislikedAnd what is a real broker?
You mean:
Gain Capital Sued $459,000 for cheating Forex Traders.
http://www.nfa.futures.org/news/news...ArticleID=3676
OR
IKON sued$320,000 by the NFA for using Virtual Broker Plugin.
http://www.forexfactory.com/showthread.php?t=263020
You mean? Market Makers-InterbankingIgnored
DislikedOnly STFX held up to my standards and my standards are quite easy to fulfill.
1.) Spread on EU less than 2 pips
2.) No requotes
3.) Fast Execution
4.) Accept scalping -STP
5.) No server disconnects
Do I want a regulated broker? 50:1 leverage and FIFO? No. And, STFX knows this.Ignored
Disliked
1.) Spread on EU less than 2 pips
2.) No requotes
3.) Fast Execution
4.) Accept scalping -STP
5.) No server disconnectsIgnored
[quote=nmmagick;4310933]Hi Ipndasno,
Thanks for giving your input to this thread. In addition to your points above, I have another: safety of my funds. I worry about the fact that they have complete control over my funds and may use them any way they choose, including for operations. If they end up going under, or being mismanaged, I could lose everything, as far as I can tell. Can you speak to this concern?
DislikedHi Ipndasno,
Thanks for giving your input to this thread. In addition to your points above, I have another: safety of my funds. I worry about the fact that they have complete control over my funds and may use them any way they choose, including for operations. If they end up going under, or being mismanaged, I could lose everything, as far as I can tell. Can you speak to this concern?
Thanks in advance. TaliaIgnored