seems things changed during these years.
I called them and they reply that for individual account, they will not anymore accept to trading with ECN, only fixed spread.
2 pips for E/U
only people in AUS could trade with ECN.
Ok, contacted them. The old true ecn currenex mt4 account is not available anymore. They now only have a mt4 dealing desk, which is said to be an ecn, but have the limitations of the dealing desk with the possibilities of freezing, delaying and requotes ( see their riskwarning). The two models they offer for mt4 are fixed spread (commission included and trades can be rejected in volatile markets) or hybrid, which is still dealing desk with direct currenex feed and a commission per million traded.
So actually I don't know what to think of it, well it certainly looks like a step back. I will focus on atc and lmax for now.
Ok, contacted them. The old true ecn currenex mt4 account is not available anymore. They now only have a mt4 dealing desk, which is said to be an ecn, but have the limitations of the dealing desk with the possibilities of freezing, delaying and requotes ( see their riskwarning). The two models they offer for mt4 are fixed spread (commission included and trades can be rejected in volatile markets) or hybrid, which is still dealing desk with direct currenex feed and a commission per million traded.
So actually I don't know what to think of it, well...
Ignored
I had a conversation yesterday with one of their representatives, it seems that they are not interested anymore in the individual clients, but also the institutional ones.
pbb, besides atc and imax, do you have other brokers in your mind as a good choice?
thanks,
yours
The candle pattern is the signal, the inevitability behind it is the key.
I had a conversation yesterday with one of their representatives, it seems that they are not interested anymore in the individual clients, but also the institutional ones.
pbb, besides atc and imax, do you have other brokers in your mind as a good choice?
thanks,
yours
Ignored
I think it's hard to see which brokers are good and trustworthy, in matters of freezing, requotes, delays, execution and funding, withdrawing etc. Until now I have used interactive brokers but wanted a live account for mt4 as I want an ea to run.
In the past I have had accounts with mbt and dbfx. The spreads and liquidity at mbt are not interesting (at least at that time for other pairs the EU). DBFX is gone.
I currently have a small account at jfdbrokers which seems ok. They have integral, low spreads, but is regulated in Cyprus, which is a con and are relatively new. If they had direct fsa or German regulations it would be a go for a larger account.
ATC looks good, their non-US customers have accounts at FXCM UK, so segregated accounts and fsa. They use the raw spread of fxcm and that is tighter then what fxcm offers. Including atc commissions it's still smaller. ATC is in business since 2005.
Lmax has good spreads to, but when looking at available liquidity at the current quote I think the next level is sometimes to far (.5 pip), which makes the real spread with a liquidity over 500k sometimes a lot larger.
To the poster, hope you'll answer some of those queries. On the brokers though, I use brokers like Trader's Way, alpari and have just started checking out zulu.
I think it's hard to see which brokers are good and trustworthy, in matters of freezing, requotes, delays, execution and funding, withdrawing etc. Until now I have used interactive brokers but wanted a live account for mt4 as I want an ea to run.
In the past I have had accounts with mbt and dbfx. The spreads and liquidity at mbt are not interesting (at least at that time for other pairs the EU). DBFX is gone.
I currently have a small account at jfdbrokers which seems ok. They have integral, low spreads, but is regulated in Cyprus, which is a...
Ignored
thanks a lot for all the detailed info, gbb!
sorry to not have responsed earlier.
yours,
shunfeng
The candle pattern is the signal, the inevitability behind it is the key.
Does anyone here got a experience with their FastMatch system? It seems to connect different platforms that LCG offer designed for people who can get access to different platforms but without technical solutions to get the best bid/ offer, but I'm not so sure. http://1forexbrokers.com/2012/11/13/...rm-fast-match/
