AxiTrader USA? 2 replies
axitrader 5 replies
DislikedOn their site they don't advertise themselves as an ECN and they do mention they use straight through processing so they're a STP, also with their spreads...lol no way are those ecn spreads.
About restricting stop to 2p, an ecn (or stp) broker may choose to do so if they are being taken advantage of by traders, for instance over in the GoMarkets thread Chris mentioned latency arbitrage where traders would execute prices that the lp simply did not have anymore but was obliged to fill due to technicalities of an internet connection (I think), and...Ignored
DislikedNot true, ECN doesnt set stops level to 2 pips. Its just a STP- marketmakerIgnored
DislikedSo is it an STP or marketmaker?
both are worlds apart..you know that right?Ignored
DislikedMost mt4 brokers pretend to be STP technicalwise, but the reality is they trade big parts of the orders inhouse..that's why they are still marketmakers. You got it now?Ignored
DislikedI see. Thanks for the insight!Ignored
DislikedIt's all hear-say, you could have people saying a proven ecn or stp is a market maker, truth is unless you work for the broker you'll never know for sure. There are brokers who fraudulently separate winning and loosing traders into stp feed and in house clearing, point is, no one ever knows which is which, doubtful the ones that end up in the stp feed would even know...Ignored
DislikedBy saying integral STP feed, you actually mean Integral's Fxgrid or Truefx right?
Fxgrid and TrueFx are actually ECNs just like currenex. lots of slippageIgnored