Which broker is best for news time trading? | Forex Factory

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Which broker is best for news time trading?

  • #1
  • First Post: Aug 9, 2012 11:12pm Aug 9, 2012 11:12pm
I love to trade during major news release. I have live account with fxprimus. One of the best broker in Asia. All my pending orders were executed at no slippage and hit my take profit level for one month period. And later no orders was executed at exact price and exact time.

Now a days most my orders were resulted in loses. Coz when the current price crosses my entry level, but the order was not executed, even the price goes above the take profit level, still my order was not been executed. Still it shows as pending order and when I try to delete that particular order, I cant delete it that order. The customer service tell me that the signal was granted but not the price.

Ok...I will accept their quote. But why all my pending orders were executed at right time and at right price at the beginning (I mean after I opened live account) ?????? and why not at now????

CAN ANYBODY TELL ME WHICH BROKER IS BEST FOR NEWS TIME TRADING?

Beyond this, fxprimus is simply the best of their order execution speed, their spread, their customer services, fund and withdrawal..everything is I amazed...WOW......

herewith I have enclosed some of my profit screenshots which I made during news release period.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: quick profit 03-05-2012.jpg Size: 363 KB
Click to Enlarge Name: quick profit 06-06-2012.jpg Size: 318 KB
Click to Enlarge Name: quick profit 11-05-2012.jpg Size: 346 KB
Click to Enlarge Name: quick profit 16-05-2012.jpg Size: 363 KB
Click to Enlarge Name: quick profit.jpg Size: 425 KB
  • #2
  • Aug 10, 2012 8:07am Aug 10, 2012 8:07am
Quoting haridivya
I love to trade during major news release. I have live account with fxprimus. One of the best broker in Asia. All my pending orders were executed at no slippage and hit my take profit level for one month period. And later no orders was executed at exact price and exact time.

Now a days most my orders were resulted in loses. Coz when the current price crosses my entry level, but the order was not executed, even the price goes above the take profit level, still my order was not been executed. Still it shows as pending order and when I try...
Which account were you using at FXPrimus? Their Fixed Spread "Instant Order" or Variable Spread ECN-"Market Order" account?
  • #3
  • Aug 10, 2012 8:15am Aug 10, 2012 8:15am
Quoting haridivya
I love to trade during major news release. I have live account with fxprimus. One of the best broker in Asia. All my pending orders were executed at no slippage and hit my take profit level for one month period. And later no orders was executed at exact price and exact time.

Now a days most my orders were resulted in loses. Coz when the current price crosses my entry level, but the order was not executed, even the price goes above the take profit level, still my order was not been executed. Still it shows as pending order and when I try...
IMHO None
  • #4
  • Aug 10, 2012 8:18am Aug 10, 2012 8:18am
Quoting LEXngton
Which account were you using at FXPrimus? Their Fixed Spread "Instant Order" or Variable Spread ECN-"Market Order" account?
ECN
I can guess by his trade becoz he is paying extra commission !!!!
  • #5
  • Aug 10, 2012 9:56am Aug 10, 2012 9:56am
Quoting LEXngton
Which account were you using at FXPrimus? Their Fixed Spread "Instant Order" or Variable Spread ECN-"Market Order" account?
I'm using ECN premier account.
  • #6
  • Aug 10, 2012 11:29am Aug 10, 2012 11:29am
I have a small"ish" account with ILQ. They have fixed spreads (2.5 EUR/USD - not too bad), and netting (not huge for News stuff). Execution is pretty good and haven't been screwed over yet .

Used to trade with FX Sol but this is a little better. I am USA so options are somewhat limited.

Just an FYI....
  • #7
  • Aug 10, 2012 11:54am Aug 10, 2012 11:54am
Quoting pipthief99
I have a small"ish" account with ILQ. They have fixed spreads (2.5 EUR/USD - not too bad), and netting (not huge for News stuff). Execution is pretty good and haven't been screwed over yet .

Used to trade with FX Sol but this is a little better. I am USA so options are somewhat limited.

Just an FYI....
thanks for your info.
  • #8
  • Aug 10, 2012 12:04pm Aug 10, 2012 12:04pm
Quoting haridivya
I'm using ECN premier account.
The commissions look really expensive...

$20 per RLT?
FXGears.com
  • #9
  • Aug 10, 2012 12:23pm Aug 10, 2012 12:23pm
Quoting Jack_Larkin
The commissions look really expensive...

$20 per RLT?
actually that is my own MAM account. broker takes one pip and myself take one pip as my MAM commission. coz i get profit share of 20% only from my customers.
  • #10
  • Last Post: Feb 10, 2014 8:34am Feb 10, 2014 8:34am
Quoting haridivya
I love to trade during major news release. I have live account with fxprimus. One of the best broker in Asia. All my pending orders were executed at no slippage and hit my take profit level for one month period. And later no orders was executed at exact price and exact time. Now a days most my orders were resulted in loses. Coz when the current price crosses my entry level, but the order was not executed, even the price goes above the take profit level, still my order was not been executed. Still it shows as pending order and when I try to delete...
Hi, you using fxprimus ecn mam?
Will spread widen too much during nfp? Like how much is the spread of usd/jpy during nfp?
How is the slippage for pending order during news trading?
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