Darwinex or Atom8?

Sorry add 3rd or 4th broker in this topic --
Any feedback on PepperStone -Ausi broker

Zamanib,

I don't have much experience with Pepperstone. I have an account and use their MT4 to trade Natural Gas only. They are perfectly fine for the purposes I use them for and don't have any complaints. They seem professional and there's nothing about them that makes me wary or suspicious.

Thank you Ian

What is their broker type?
MM? STP?

Hi guys,

Sorry to jump in the conversation. Darwinex is no one's white label, LMAX is just one of Darwinex's liquidity providers

Trade safe everyone,
Ignacio

I havn't read any reviews abour both of them, nether on rankcup, nor earnforex... Yes, I heard about peppers, interesting young company, but didn't try them

Ignacio and his cameos... Lol

STP I believe

but your system the same with lmax pecfectly.i.e. account number......

From their FCA page it looks like they are not allowed to hold client money (only arranging to safeguarding and administering client mony). Maybe they are using the lmax PB thing..

I agree at 100%. I trade real with them since 2 months and I am very happy with their support and platform. No blabla here ... great speads and excellent execution for scalpers as me ( even during news ) . btw, I use metatrader but they do also offer the great Dukascopy platform.

from Dwrwinex risk disclosure page :
‘2.2 This Execution Policy applies when executing transactions with the Client for the Financial Instruments provided by the Company. The Financial Instruments provided by the Company are rolling spot forex contracts and CFDs; it is up to the Company’s discretion to decide which types of Financial Instruments to make available and to publish the prices at which these can be traded. The Company, through the Trading Platform, provides the Client with live streaming prices, “Quotes”, along with a breakdown of the available volumes (“Market Depth”) as received from its third party liquidity providers. The Company is always the counterparty (or principal) to every trade; therefore if the Client decides to open a position in a Financial Instrument with the Company, then that open position can only be closed with the Company.’
3.2.3 The Company’s price for a given Financial Instrument is calculated by reference to the price of the relevant underlying Financial Instrument, which the Company obtains from third party liquidity providers. The Company updates its prices as frequently as the limitations of technology and communications links allow. The Company will not quote any price outside Company’s operations time (see execution venue below) therefore no orders can be placed by the Client during that time.
3.5 Speed of Execution
As explained in the section 4 of this Execution Policy, the Company acts as principal and not as agent on the Client’s behalf; therefore, the Company is the sole Execution Venue for the execution of the Client’s orders for the Financial Instruments provided by the Company. The Company places a significant importance when executing Client’s orders and strives to offer high speed of execution within the limitations of technology and communications links. The use of wireless connection or dial-up connection or any other form of unstable connection at the Client’s end, may result in poor or interrupted connectivity or lack of signal strength causing delays in the transmission of data between the Client and the Company when using the Company’s electronic trading platform.
‘4.1 Although the Company will transmit the Client’s orders for execution to third party liquidity providers (matched-principal), contractually the Company is the sole counterparty to the Client’s trades and any execution of orders is done in the Company’s name, therefore the Company is the sole Execution Venue for the execution of the Client’s orders. Execution Venues are the entities with which the orders are placed or to which the Company transmits orders for execution. For the purposes of orders by the Client for the Financial Instrument provided by the Company, the Company acts as matched-principal in all dealings and as the sole execution venue for the Client’s orders which may or may not be executed on a regulated exchange or multilateral trading facility.’

I think most respectable brokers do this ,i think i will do my own label also once i have a ability i believe this will be the best business world wide one day

all have a nice day

There is a lot of great information in this thread!
does anyone have a good recommendation to use instead of Atom8 for US clients, since they don't accept us?

Hello Philforex, are you mean yo did scalped with Darwinex and Atom 8 during news? Does these 2 brokers have wild slippage ?

Anybody knows what is the full scheme of commissions of Atom8? I can't find it in the web.

Darwinex: Toxic flow 20:50 - 24:00

Is the leverage on Darwinex 30:1? I'm not a UK resident or citizen.

The website for Atom8 doesn't even load so I'm not sure if they're even operating to compare.