Broker with instant market execution

Hello,

There is a continuous mess with brokers saying they have really ECN conection. I have a couple of bad experiences with that. I'm asking here if anybody can recommend me a broker with real instant market execution. The amount of account not more than 500$.

Any comments are wellcome.



thanks
Toni

I'm with OANDA from 6 years. Never had a requote and every market order has been filled instantly.

P.

yet, Oanda is a bucketshop.

Nowadays many broker offer a mini ECN account, with 2-300$ min....non has any requite, ever, but note that ECN can have silage, positive and negative alike, as you truly get the market rice whatever exist the moment your order hit the market...at news it can be large slippage, however normally there is little, 0.1-0.2 pips maybe.
Of course, ECN brokers will beat the spread of Oanda easily, even when commission is factored.
I wont write brokers, tried many, but it would feel like advertising. You need to do a quick search and try some for yourself, or send me a PM for name and experience.

Sorry but since I cannot create a new thread myself due to my member status, but has quite similar question so please do not mind if I asking here. I am currently with a broker with "Market Execution" and they claim they are NDD type. At first time I played with their demo trade I cannot place s/l and t/p when open an order. It should be normal since they are NDD type (STP or ECN may be) so I have to modify an order to put s/l and t/p.

However a few days recently I found that I can place s/l and t/p when open an order. That should be possible if they are dealing desk type (from what I have read many places including here). However the execution type is still "Market Execution" instead of "Instant Execution" like it should be. I asked them via live chat and they said because they are ECN broker.

My question is, is that possible for ECN broker to allow their customer put s/l and t/p when open an order? Or they are up to something? Thank you very much in advance since I am a newbie.

I think the best test of a broker to see if your connected to ecn is being able to place take profit, orders etc within the spread!! Sounds crazy but it works with alpari uk, alpari russia and pepperstone, (note the accounts with these brokers must be on their ecn server) Alpari uk require 10k minimum, or 200gbp with mt5!! Alpari russia minimum is low, but they have gone at screwed the trader with minimum trade size 10k units, so pepperstone is officially the best broker.. end of conversation.

i have not tried every broker, but at least 50 so i have a good understanding of the servers they have, locations, speeds etc.
i am not really concerned if i am truly connected to ecn so long as the spread is below market average.

Generally if your broker is a market maker they will widen the spread to lessen the chance of losing to a remarkable immediate execution on the traders part.

I dont think if a broker has good performance on the services they offer as a whole qualifies them as ecn broker or a good broker. It will all change depending on your success and style of trading, if you scalp for example and then start with 1 lot positions and more, the MM will change your status to manual execution hence requotes and delayed orders. If a trade takes more than 500ms then the broker has you on manual...

for low deposit ecn type broker go check with armada markets. has a fast execution entry position, with 300 usd you can have their ecn feature, commision based account, but the spread are low, with major utmost.
open up with their demo account first, have deep check before you planning to have thier ecn service.
here's their spread on most major (not inculded commision)

$300 for Initial deposit in ECN is really small amount. I've also deposited in ECN account in Liteforex broker.
Its order execution really fast and it makes me impressed..

4 posts spamming liteforex scam scam scam

nah, really scary isn't. revoked for quoting my post . but actually thus id are over years registered. . is it any chance ff id are available for sold to the brokers promoter ?

hey ,

I worked with many brokers over the years , ECN ones typically have the slowest execution rate during volatility


I suggest for you to find one that handles with BIG clients , not a shit load of of small ones ,


that will insure you fastest execution all the time.


guarantee of S/L and etc ...

I got a v reliable one for the moment , so far so good ,

remember when you save on spread you will pay it somewhere else ! (usually)



Happy trading