MBT or Oanda?

...or FXCM or other?

So I've narrowed down my broker choices to MBTrading and Oanda, but after re-looking into FXCM, they may be back on the table. I'm in the US and will be predominantly scalping. I need help choosing between them; one thing i'm not too sure on is slippage of each, so any input on that would be great. Here are my thoughts from what I've read:
Oanda: Low spreads, sounds like execution is on par, customer service is decent though could be better. I've read their charting platforms are lacking, either going with mt4 or their other platform that crashes a lot. Good deposit/withdrawl options and they do allow you to withdraw. However, they are a market maker, though they sound to be transparent, trustworthy and not doing shady maneuvers. Very popular. They also drastically widen spreads on news, though for now I'm not going to trade the news though it wouldn't be bad to have as an option.
MBTrading: Low spreads, comparable to Oanda, excellent execution and customer service. NDD ECN(ish). They don't widen their spreads as much as oanda during news. alright deposit/withdrawl, but may cost more $ than oanda (unsure currently). They sound trustworthy. Not as many people use them as Oanda or FXCM and I do not know how this affects liquidity and slippage, particularly if I manage to somehow grow my account very large. Any comments to this?
FXCM: Back on the table, mostly because it seems (and I may be calculating this wrong) that when adding their commision to their spread, the "total spread" is still a little less than the other two. Also Jason (on these forums) seems like a really good, knowlegeable resource. kudos! I have heard of problems with it though such as large slippages, stops not hitting, customer support problems, etc, but I also realize that this may mostly be in the past and it may have become much better (comments?). Also FXCM is the largest US broker by volume, which I'm not sure if that affects trading at all but if it does it will be a positive effect.

Any opinions? IF you want to suggest a different broker, go for it, but please back it up with what is good/bad about it.

Thanks for any and all help,
Shortyski13

add a poll for voting it is better .
have a nice day sir

Didn't want people voting without even a little bit of an explanation. That becomes useless to me.

it is not useless just give them more options if you really care about an honest opinion

have a nice day sir please

and keep it with anonymity it will be better

have a nice day sir

Oanda and scalping doesn't work together due to high spreads and spread widening during news. Other than that - I would say very good MM broker.
MBT - one of few real ECN's accessible to retail crowds. I'm not sure about their FX business, but I still using them to trade options due to very low commissions. Trade Navigator is a disaster, but already got used to it. Anyway - they pay for providing liquidity with limit orders.
FXCM - never used them, but bought few OTM leap options with a hope that stock price will rebound a little bit. It's just a lottery ticket

None of them is good.

Oanda widen spreads during news time from 5-20+pips, that means no stop loss is safe during that time.

MBT.....high sllipage, 10-50pips sometomes....you can find victims in this forum

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Do you have a suggestion then instead? Also, that's the first I've heard of MBT having high slippage...what size orders are you using for that?

I have been getting decent executions with ATC and FXCM. ATC is a FXCM feed, but I think ATC has its own MT4 server and also allows hedging and non-FIFO orders, if that matters to you. I have had some strange issues with MB's demo server, but i don't trust demo feeds and some reputable traders strongly trust that entity live (and its governance). I also question if FXCM will be around in a few years in its current form, mostly because of the deal it was forced to take after the SNB fiasco. just my 2c.

it's important to ask yourself why from quarters to quarters, MBT customers have the worst profitability.

http://www.financemagnates.com/forex...s-and-profits/

Very interesting article, thanks! I actually didn't realize IB was US. Their initial deposit is too high tho.

So of Oanda, MB Trading, and FXCM, how do the slippages compare. If anyone who uses any one of these could comment on the slippage and how big their trade lot is, it would be helpful for me (or relatively how large you trade if that's a personal subject). I'm sure slippage is proportional somehow to lots traded.

The difference with Oanda is not so big...32% to 29%...
Definitely not a number to worry, the main advantage of MBT is they don´t trade against you..

are you sure?

Do you not think it is strange that out of all the brokers listed an "ECN" broker has the lowest profitability for their account holders. Going by these stats you are better off being with Forex.com which is the biggest MM around. Makes you wonder