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Instant Execution Brokers

  • #1
  • First Post: Nov 28, 2011 8:03am Nov 28, 2011 8:03am
Can you guys give me some names of MT4 brokers that offer instant execution.
ie. MT4 order buttons just say "Buy" / "Sell" not "Buy by Market" / "Sell by Market"

I already know of FXPro and FXDD.

Thank you!
  • #2
  • Nov 28, 2011 3:13pm Nov 28, 2011 3:13pm
Out of curiosity, what's the difference?
  • #3
  • Nov 28, 2011 4:37pm Nov 28, 2011 4:37pm
No requotes?
  • #4
  • Nov 29, 2011 8:55am Nov 29, 2011 8:55am
Quoting Ultimate6
Can you guys give me some names of MT4 brokers that offer instant execution.
ie. MT4 order buttons just say "Buy" / "Sell" not "Buy by Market" / "Sell by Market"

I already know of FXPro and FXDD.

Thank you!
What about FXOpen ECN? The execution is instant and spreads extremely tight.
  • #5
  • Nov 29, 2011 3:38pm Nov 29, 2011 3:38pm
You may want to check out FXCM [but read the other thread on the same listed here], Traders way and other ECN brokers, Forex.com and a few others.
  • #6
  • Dec 7, 2011 2:04pm Dec 7, 2011 2:04pm
Quoting Ultimate6
Can you guys give me some names of MT4 brokers that offer instant execution.
ie. MT4 order buttons just say "Buy" / "Sell" not "Buy by Market" / "Sell by Market"

I already know of FXPro and FXDD.

Thank you!
Why would you want a broker who uses "instant" execution over "market", is it because you can use slippage control with the "instant" execution broker?

You cannot get requotes with "market" brokers but they sure can be abundant with the "instant" brokers, that alone is worth staying away from them I think.
  • #7
  • Dec 8, 2011 2:13am Dec 8, 2011 2:13am
Quoting LEXngton
Why would you want a broker who uses "instant" execution over "market", is it because you can use slippage control with the "instant" execution broker?

You cannot get requotes with "market" brokers but they sure can be abundant with the "instant" brokers, that alone is worth staying away from them I think.
I do agree that market execution is a lot better than instant execution. The catch for novice traders such as myself is the amount of funds required for market execution. Brokers usually ask for a much higher initial deposit.
Would you veteran traders have any suggestions?
  • #8
  • Edited 7:05am Dec 8, 2011 7:04am | Edited 7:05am
Quoting High.Five
I do agree that market execution is a lot better than instant execution. The catch for novice traders such as myself is the amount of funds required for market execution. Brokers usually ask for a much higher initial deposit.
Would you veteran traders have any suggestions?
Two off hand would be www.upfx.com and www.tradersway.com that meet your requirement of low initial deposit. UPFX offers only market execution and minimum initial deposit of only $100 for their micro account and tradersway claims to have an ECN account which uses market execution (all their other accounts are instant) and their initial deposit is also just $100 for the ECN.
  • #9
  • Dec 8, 2011 9:31am Dec 8, 2011 9:31am
Quoting LEXngton
Two off hand would be www.upfx.com and www.tradersway.com that meet your requirement of low initial deposit. UPFX offers only market execution and minimum initial deposit of only $100 for their micro account and tradersway claims to have an ECN account which uses market execution (all their other accounts are instant) and their initial deposit is also just $100 for the ECN.
Thanks
  • #10
  • Dec 8, 2011 9:50am Dec 8, 2011 9:50am
I have little time working with Sunbirfx, but I'm working with them is absolutely magnificent, as to service and support in general, besides having very interesting conditions regarding fees to be super good, also want to add that as a result of day trading operations, I found a problem when sliding to close operations, with great surprise that in this case Sunbirdfx always encouraged me as a customer something that shows the seriousness of a professional broker.

Thanks and many pips
  • #11
  • May 10, 2012 12:13am May 10, 2012 12:13am
trade Forex news is better instant execution or market?
  • #12
  • Last Post: May 10, 2012 2:56am May 10, 2012 2:56am
EXNESS offers instant execution on Mini and Classic accoints
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