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Searching for an Institutional Broker

  • #1
  • First Post: Nov 22, 2010 4:25pm Nov 22, 2010 4:25pm
Hi all,
I'm sort of seeking advice on brokers to use, my company/trust association is running with ~500k USD capital, company located in Hong Kong so hopefully all brokers can be considered

so im looking for a broker who provides these services:

0.5-1.5 pip Spread on EURUSD
Leverage no less than 1:100 (1:100, 1:200 prefered, 1:400 etc...)
STP Broker (So broker wont get too mad when im making huge profits)
Must have a Stable MT4 platform (for my profitable EA to make money)
Custodial Bank Guarantee
Regulated
Good Reputation

Thats pretty much it, oh one thing you can do is to suggest brokers to compete with the one im using right now which is FXDD Malta
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #2
  • Nov 22, 2010 6:47pm Nov 22, 2010 6:47pm
I would suggest Dukascopy, you can use the MT4 bridge to run your ea's on MT4 and have the orders placed on their JForex. other than this, they have every thing on your list...
  • #3
  • Nov 22, 2010 7:06pm Nov 22, 2010 7:06pm
http://www.cfhmarkets.com/
CFH Markets is used by many fund managers, can take a look.
  • #4
  • Mar 18, 2011 12:14pm Mar 18, 2011 12:14pm
Hi, how do you know CFH is used by many managers?
  • #5
  • Mar 18, 2011 10:39pm Mar 18, 2011 10:39pm
Quoting inlikeforex
Hi, how do you know CFH is used by many managers?
When you work with fund managers, take note of their platform logos (see picture with CFH's logo circled, not demo). Of course this is only one example, and the other way to answer your question is: they don't accept retail clients.
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  • #6
  • Edited 11:30pm Mar 18, 2011 11:15pm | Edited 11:30pm
Quoting bstay2
When you work with fund managers, take note of their platform logos (see picture with CFH's logo circled, not demo). Of course this is only one example, and the other way to answer your question is: they don't accept retail clients.
there instu spreads give me a break they're terrible.... most STP on MT4 smash them. eurusd at 2.3?at interactive brokers it averages a .5-1 pips. GoMarkets have a 1-1.6pips 90% of the day

bstay they're not a instu broker... sorry. I have seen IG L2 with currenex and what u posted in even close to that. where's the depth ??

This is what depth on a ECN looks like....
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  • #7
  • Mar 19, 2011 1:55am Mar 19, 2011 1:55am
Quoting >Apocalypto<
there instu spreads give me a break they're terrible.... most STP on MT4 smash them. eurusd at 2.3?at interactive brokers it averages a .5-1 pips. GoMarkets have a 1-1.6pips 90% of the day

bstay they're not a instu broker... sorry. I have seen IG L2 with currenex and what u posted in even close to that. where's the depth ??

This is what depth on a ECN looks like....
This is not your normal spread situation at CFH. I am with that broker and I can assure you that 98% of the time EUR/USD is 0.8p, USDJPY 0.8p, GBPUSD 1.3 or 1.4p and their book is well supplied.
  • #8
  • Mar 19, 2011 6:06am Mar 19, 2011 6:06am
You sure you want 1:400 leverage?
  • #9
  • Mar 19, 2011 9:46am Mar 19, 2011 9:46am
No one at true institutional level offers that. If they do you know they arent really institutional. I'm not talking true inst. not wanna be Duaks and oanda types.

Over 500k to 1 mill you might get 50:1 but usually its even less than that.
  • #10
  • Mar 19, 2011 11:38am Mar 19, 2011 11:38am
Quoting fly22
... not wanna be Duaks and oanda types...
lol, what is a wanna be oanda type? minimum deposit is just $1
  • #11
  • Mar 20, 2011 8:52am Mar 20, 2011 8:52am
Your statement is exactly that.

Oanda wants to be institutional but how can you be taken serious when you offer $1 accounts?
  • #12
  • Mar 20, 2011 9:07am Mar 20, 2011 9:07am
Quoting bguguen
Hi all,
I'm sort of seeking advice on brokers to use, my company/trust association is running with ~500k USD capital, company located in Hong Kong so hopefully all brokers can be considered

so im looking for a broker who provides these services:

0.5-1.5 pip Spread on EURUSD
Leverage no less than 1:100 (1:100, 1:200 prefered, 1:400 etc...)
STP Broker (So broker wont get too mad when im making huge profits)
Must have a Stable MT4 platform (for my profitable EA to make money)
Custodial Bank Guarantee
Regulated
Good Reputation

Thats...
Is this April fools?

No institutional level broker will ever offer you these ridiculous leverages, period.

If you are good enough, they will raise the cap but not to your desired levels.
"Everyone gets what they want out of the market." -- Ed Seykota
  • #13
  • Mar 20, 2011 8:55pm Mar 20, 2011 8:55pm
Hi bguguen,

Have you found the broker with criteria u listed?
If not, pls PM me ~ i might have just the one you need.
Thank you.

Rgds,
Chan JY
  • #14
  • Mar 20, 2011 9:35pm Mar 20, 2011 9:35pm
To sum up this thread, if someone wants "institutional" broker, I would be under the impression that it has to be in well regulated jurisdiction, and the broker should have solid history and reputation. You can find 100:1 with smaller account but 0.5M account + good regulation + solid institutional broker + 400:1 do not exist in the same sentence.

I would be very careful if someone offers you "institutional" account with large leverage. If you have 0.5M to trade, I would treat your trading as a true business and therefore choose a true professional broker.

You do not want to see those 0.5M to vanish, not to mention your clients will be more likely to entrust the money with a broker regulated in UK, US, CH, etc. vs. Cyprus, Mauritius or Belize.
  • #15
  • Mar 21, 2011 8:58am Mar 21, 2011 8:58am
Anybody have access to institutional broker in Singapore that offer currenex platform?

Preferably funds to be desposit into Singapore bank account and the broker is regulated by MAS
  • #16
  • Jun 26, 2011 11:42am Jun 26, 2011 11:42am
Does CitiFX qualify as an institutional Broker?

http://www.citifxpro.com/
http://www.citifxpro.com/institutional-center
  • #17
  • Mar 28, 2012 1:38pm Mar 28, 2012 1:38pm
OMG guys please suggest some to us newbies!!! Dukascopy is not institutional!

I wanna know, is there forex trading at institutional brokers?
Forex rewards patience.
  • #18
  • Mar 29, 2012 7:49am Mar 29, 2012 7:49am
500k$ account and want to trade on mt4 with leverage 1:400 Aprils fool post.
No one in the right mind would deposit all cash into one account,even more with such money you can trade directly at exchange with your own office :]
  • #19
  • Mar 29, 2012 7:53am Mar 29, 2012 7:53am
Quoting Hareii
Does CitiFX qualify as an institutional Broker?

http://www.citifxpro.com/
http://www.citifxpro.com/institutional-center
thats one big azz broker / bank, i have an account with them, kind of broker where you can keep a billion and the broker won't even blink
  • #20
  • Last Post: Mar 29, 2012 8:36am Mar 29, 2012 8:36am
Quoting pinkiaiii
500k$ account and want to trade on mt4 with leverage 1:400 Aprils fool post.
No one in the right mind would deposit all cash into one account,even more with such money you can trade directly at exchange with your own office :]
How can one do that-to go direct to the market? Please explain...
Forex rewards patience.
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