Broker Chart Comparison

I've been playing around with demo software from various brokers. Last night, after the market closed, I thought I could compare charts from the different brokers I have demo accounts with. If you see the attached images, you'd see 1M chart of EURUSD. I have categorized them according to the following:

1. Alpari UK, CitiFX Pro, Dukascopy, and FXOpen_ECN charts looks similar.

2. FXOpen and FXDD charts looks similar.

3. IBFX looks similar to none.

I like the first category for which I'm signing up with Alpari UK. I like the volatility of those. I don't understand why the rest are different. What are the advantages and disadvantages?

Care to share a few words?

Charts are different because some use 5 decimals (like Alpari) and others only 4 (like IBFX).

I prefer 5 decimals, you can see the price changes, and more important, the breakout of supports and resistances before, but if you are a long term trader the number of decimals doesn't matter.

PD: in the case of IBFX they put 5 decimals in chart but they are really 4 decimal, that's the reason because their chart don't look similar to the rest.

I'm seeing that the 2 supposed ECN brokers (FXOpen ECN and Dukascopy) use a half pip variation lol. After that I doubt they are really STP...

Dukascopy is FXOpen ECN's liquidity provider.

People claim that Dukascopy's half-pip rounding is price manipulation.

As a newbie I hadn't heard of the likes of CitiFX Pro, Dukascopy before coming on this forum. Nobody talks about Capital Spreads, IG, CMC - is it because they aren't as good or is it because they are different?

Thanks

They're probably fine, I haven't heard anything particularly positive or negative about them.

By some estimates, there are between 200 - 400 retail FX brokers globally (when one includes all the white labels, etc). New brokers pop up pretty much weekly. You're not going to see discussions for every shop given just how many there are out there.

I would avoid these firms. Have had bad experience with IG and CMC. Try Oanda or FXCM. LMAX is also something you should look into.