or just about any bank that offers fx, such as saxobank or dukascopy.
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Thanks for your help. Have you used any of these brokers for news trading yourself? And if so, did you get a lot of requotes or no trades because of to fast price movement?
Thanks for your help. Have you used any of these brokers for news trading yourself? And if so, did you get a lot of requotes or no trades because of to fast price movement?
Thanks again.
Jim
Ignored
I've used GoM running EA 24/5 and had no problems with execution. I did have it on a VPS near their datacenter, so latency was always <1 ms. At worst, the fill may have taken a second or 2 longer to be reported back to the
Any slippage that occurred was usually in my favor, but other times not. It evens out and with my strategy is often above even. The issue of slippage had more to do with the strategy than the actual broker. Often times when you have hundreds of orders open, it takes several seconds to close all of them at once when you want to "flatten" your account.
Vantage was with GoM and then they broke off to go with enfinium (sp?). The spreads are still identical to GoM, but I have not begun trading with them yet. Only monitor their live feed for now.
FxOpen ECN and IB I don't have personal experience with them. But those I've talked to say they are solid. FXOpen MM i do. Even with the requotes, I did well with them. I just never got around to the ECN. IB is usually lacking in the customer service dept; they provide the feed and leave the rest up to you. The term "self-directed trader" is taken literally over there. They are famous for being a one-stop shop for trading just about any liquid financial product around the world from one place. I ended up going with OpenECry.
