My Personal Broker Comparison Spreadsheet | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Comparison Table/chart - best way to choose the right broker 14 replies

Firehorse's trading spreadsheet 45 replies

Broker Chart Comparison 6 replies

NDD+STP+ECN and (or) NDD+STP with MT4 - Broker Comparison list 6 replies

Real Time Broker Comparison site 4 replies

Attachments: My Personal Broker Comparison Spreadsheet
Exit Attachments

My Personal Broker Comparison Spreadsheet

  • #21
  • Jan 10, 2012 1:19pm Jan 10, 2012 1:19pm
Quoting fx13
Great new tool from MyFX Book.
http://www.myfxbook.com/forex-broker-spreads

Like http://www.fxintel.com/

But remain a quick snapshot.

13
That's amazing... They are leveraging the accounts they monitor as a way of verifying spreads.
FXGears.com
  • #22
  • Jan 11, 2012 10:04am Jan 11, 2012 10:04am
Quoting fx13
Great new tool from MyFX Book.
http://www.myfxbook.com/forex-broker-spreads

Like http://www.fxintel.com/

But remain a quick snapshot.

13
http://www.100forexbrokers.com/eurusd-lowest-spreads
  • #23
  • Jan 11, 2012 11:39am Jan 11, 2012 11:39am
Great work, real quality, some aspects i do not totally understand.. anyway some good insight and info. would never have thought fxcm to have such bad spreads and who the ek is fx open! amazing spreads. im with alpari pro and can vouch for them, impecible service for me (2 years now)
  • #24
  • Jan 14, 2012 1:23pm Jan 14, 2012 1:23pm
Again thanks for the spreadsheet nice work. Just want to ask since it seems your a bit biased towards pepperstone, how do you create the analysis for spread on the various pairs and since you only have one for pepperstone and on some occasions only for a marginal period of time one could say its not entirely apparent if they do indeed offer those spreads throughout the day or at all. Could you do that for all the brokers and could you inform us on your experiece with pepperstone. They seem to have the whole package from the looks of what i saw on their website, pamm account is good to see. Spreads id like to test, but if you could save us the hassle id be grateful... cheers
  • #25
  • Edited Jan 15, 2012 6:09am Jan 14, 2012 6:37pm | Edited Jan 15, 2012 6:09am
Quoting JamesP
Again thanks for the spreadsheet nice work. Just want to ask since it seems your a bit biased towards pepperstone, how do you create the analysis for spread on the various pairs and since you only have one for pepperstone and on some occasions only for a marginal period of time one could say its not entirely apparent if they do indeed offer those spreads throughout the day or at all. Could you do that for all the brokers and could you inform us on your experiece with pepperstone. They seem to have the whole package from the looks of what i saw on...
Hey, pepperstone spreads are very consistent, i've attached a tick log for you to analyse, but you'll find spreads are pretty much what i have in the spreadsheet above. Other brokers spreads do seem to vary quite a lot. Go markets can vary form 1.5- 2 during london session, FX open and L-Max also vary quite a bit from one day to the next.

FF max file size upload limit is a bit low, so here's a link to download pepperstone's price feed log files i have created:

http://www.yourfilelink.com/get.php?fid=746253

Edit: note, spreads were only calculated for london session.
  • #26
  • Jan 15, 2012 11:13am Jan 15, 2012 11:13am
Quoting rooicol
FF max file size upload limit is a bit low, so here's a link to download pepperstone's price feed log files i have created:

http://www.yourfilelink.com/get.php?fid=746253

Edit: note, spreads were only calculated for london session.
I have tried to compare the spread during NFP, but the log does not have the data. On Jan 6, there is no data between server time 14:55 to 20:13.
  • #27
  • Jan 15, 2012 11:55am Jan 15, 2012 11:55am
Quoting Ryan.fx
I have tried to compare the spread during NFP, but the log does not have the data. On Jan 6, there is no data between server time 14:55 to 20:13.
Yeah, sorry about that, it only logs the data when MT4 is logged in and has the indicator on the chart, which i must not have had at that time.
  • #28
  • Jan 15, 2012 3:49pm Jan 15, 2012 3:49pm
Quoting rooicol
Hi all,

This is my personal broker comparison spreadsheet i have compiled over the past few months whilst looking for a new broker. I'm uploading it just to share with others, to start general discussion about broker comparisons, and to hear your feedback/comments/amendments.

It is tailored to my needs so won't suite everyone, for example i've only compared spreads and commissions for EURUSD, and only entered account ccy if GBP is not provided.

Comments/amendments welcome.
Hi Rooicol, thank you very much for the brokers comparison sheet. Very useful and intuitive.
  • #29
  • Jan 18, 2012 1:20am Jan 18, 2012 1:20am
Can anyone, please, recommend me a broker, which has the most good spreads ? (according to Your own experience )
  • #30
  • Jan 21, 2012 8:31am Jan 21, 2012 8:31am
  •  Gardezi
  • | Joined Apr 2011 | Status: Every little thing counts in Crisis | 10 Posts
Quoting rooicol
My personal Broker Comparison Spreadsheet
Hey Brother, Thanks for the sharing, Its got a smart list as I've recommend you already to up-date it with Regulations too to include a row of Regulations authorities such as NFA, FSA or any other, thanks.
  • #31
  • Jan 21, 2012 4:56pm Jan 21, 2012 4:56pm
Quoting rooicol
You're welcome, i'm trading with Pepperstone now, they are providing a good service.
That's when youre connected because I had many disconnection issues recently. Hopefully it won't happen again
Have a nice day
  • #32
  • Jan 22, 2012 11:11pm Jan 22, 2012 11:11pm
wow nice to see a subjective opinion)
very nice, good price..!
  • #33
  • Feb 10, 2012 11:36pm Feb 10, 2012 11:36pm
Hi rooicol
Could u review this broker

Integration Company Bridge for MT4 Ducascopy
http://www.fairtradingtech.com/

Thanks for help
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #34
  • Feb 11, 2012 2:38am Feb 11, 2012 2:38am
Quoting eka_forex
Can anyone, please, recommend me a broker, which has the most good spreads ? (according to Your own experience )
Try FXCM, Armada Markets, LMAX, Pipperbone
  • #35
  • Feb 14, 2012 7:28pm Feb 14, 2012 7:28pm
what i like most about your spreadsheet is that it doesn't contain any unregulated brokers. all the brokers given are regulated.
  • #36
  • Feb 23, 2012 4:29am Feb 23, 2012 4:29am
Firstly - AWESOME spreadsheet!

Looking at the total cost, it appears that MBT is the cheapest, having the tightest spreads and no commission etc. I use Refund FX for my rebates who pay a little higher than cash back. Using their rebates on Vantage FX of 0.3 that brings the Vantage FX cost to 1 pip making them and pepperstone (as you get 0.35) in second place. IBFX who are not on your list would be nearish 4th or so, with an avearge spread of 1.9 and a 0.8 pip rebate.

On your slip fields, I have had slippage on my live accounts on pending orders with Axi and Pepper where you have indicated No. I didnt have any slippage for along time, but the last month its seems like I get slipped on every trade.

and thanks for adding the min SL distance - that helps me HEAPS of time!

I agree with the previous comment about the list being regulated brokers... The only way this industry is going to get cleaned up is if traders choose to stick with regulated brokers and avoid the dodgy ones... I mean really why trade with a broker from a tax haven....
  • #37
  • Feb 23, 2012 6:14am Feb 23, 2012 6:14am
Quoting praky
Firstly - AWESOME spreadsheet!

Looking at the total cost, it appears that MBT is the cheapest, having the tightest spreads and no commission etc. I use Refund FX for my rebates who pay a little higher than cash back. Using their rebates on Vantage FX of 0.3 that brings the Vantage FX cost to 1 pip making them and pepperstone (as you get 0.35) in second place. IBFX who are not on your list would be nearish 4th or so, with an avearge spread of 1.9 and a 0.8 pip rebate.

On your slip fields, I have had slippage on my live accounts on pending...
Hey Thanks for your feedback. Slippage with Pepperstone has increased recently, it was pretty much zero, but now i am often getting slippage on TP, SL, and pending orders. I'll need to update that. The thing is, all these parameters are in frequently changing! I've heard rummers of Pepperstone brining out a new account type with 0 pips stop distance, i'll update the spreadsheet soon.
  • #38
  • Feb 24, 2012 3:55am Feb 24, 2012 3:55am
Quoting RoelsMajor
Hi rooicol
Could u review this broker

Integration Company Bridge for MT4 Ducascopy
http://www.fairtradingtech.com/

Thanks for help
u'll pay commission on the top of duca's costs

and scalping becomes very prohibitive then
  • #39
  • Edited 5:06pm Feb 25, 2012 4:42pm | Edited 5:06pm
Quoting praky
On your slip fields, I have had slippage on my live accounts on pending orders with Axi and Pepper where you have indicated No. I didnt have any slippage for along time, but the last month its seems like I get slipped on every trade
It is interesting that both of them are doing this.
Are you experiencing this with all your trades irrespective of currency pair?
What times do you trade?
Have a nice day
  • #40
  • Feb 26, 2012 3:40am Feb 26, 2012 3:40am
yeah all sessions are affected and all lot sizes. I even get slipped on my 0.01 lot trades! what is also interesting is that I never get positive slips only negative... their slippage isnt that bad when compared to say FXCM, but its there...


Quoting billv
It is interesting that both of them are doing this.
Are you experiencing this with all your trades irrespective of currency pair?
What times do you trade?
0 traders viewing now