Cheapest TRUE ECN Broker | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

True ECN/STP Broker recommendations 187 replies

FXCM is a true ECN broker? 36 replies

Cheapest ECN Comissions - Vantage FX ECN 10 replies

Anyone experienced better results with a true ECN broker? 3 replies

Attachments: Cheapest TRUE ECN Broker
Exit Attachments

Cheapest TRUE ECN Broker

  • #41
  • Oct 16, 2013 6:11am Oct 16, 2013 6:11am
Agree with mmaker.

What they advertise and what can be negotiated are two different things.

If you are doing volume, then not hard to get US$40/M RT.

Pm if you want more details.

Cheers,
K.
  • #42
  • Oct 16, 2013 7:59am Oct 16, 2013 7:59am
There is interactive brokers with $20/M, lmax with an IB is also $20/m, Armada as well. I dont know any other broker that is lower than $20, except if you depost 20K+ and/or commit to a monthly trading minimum. Alpari po or LCG for example.
  • #43
  • Oct 18, 2013 4:19am Oct 18, 2013 4:19am
I think you should improve your trading ability than finding a cheapest broker (lowest comission), if you are not good in trading, lowest comission cannot do anything to help you gain profit
  • #44
  • Oct 18, 2013 8:13am Oct 18, 2013 8:13am
Maybe, but even better are some of the replys, like "I am trade with BongostanFX and i am very satisfy." and such.
  • #45
  • Oct 24, 2013 1:13am Oct 24, 2013 1:13am
Very interesting topic. Now I have to say that I searched around a lot to find a good ECN/STP Broker. So far FXOpen probably offers the lowest commission on their ECN accounts (FXOjafar did not lose one second to promote FXOpen on this thread). You can also try Axitrader and XGLOBAL MARKETS. The good thing of XGLOBAL is that there is no minimum deposit requirement
  • #46
  • Oct 24, 2013 2:38am Oct 24, 2013 2:38am
Quoting undergroundz
I think you should improve your trading ability than finding a cheapest broker (lowest comission), if you are not good in trading, lowest comission cannot do anything to help you gain profit
Exactly it doesn't matter about being with the lowest spread broker if you cant trade your $1000 mini account profitable.

I personally would much rather be with a well known broker with ok spreads, than some shit broker from some shit island that offers spreads starting at "0" and 100% bonus.
  • #47
  • Oct 24, 2013 2:40am Oct 24, 2013 2:40am
Can someone give me a forex listing site that has the commission comparison between brokers. I'm trading with HotForex on Premium account and it has no commission however i found out vip account offers $3/€2.5 per 100,000USD traded ($6/€5 round-turn) commission.
  • #48
  • Oct 24, 2013 4:06am Oct 24, 2013 4:06am
Quoting undergroundz
Can someone give me a forex listing site that has the commission comparison between brokers. I'm trading with HotForex on Premium account and it has no commission however i found out vip account offers $3/€2.5 per 100,000USD traded ($6/€5 round-turn) commission.
There are two places that I always search for Forex brokers. Those are
1)http://www.digitalcashpalace.com/ : You can search for ECN Brokers and DMA/STP Brokers. They also state commissions that each broker charges.
2)http://www.100forexbrokers.com/ : They probably have one of the largest list of Forex Brokers. However, they don't state the commissions that each Broker charges.
  • #49
  • Oct 28, 2013 2:49am Oct 28, 2013 2:49am
Thanks, both two links are useful.
  • #50
  • May 24, 2015 4:12pm May 24, 2015 4:12pm
Quoting jhehe
There are many brokers with quite competitive pricing and trading conditions. However, which is the cheapest? Let's take a look with rebates and special commission agreements. ICMarkets: Average spread is about 0.2 pips with a $7 round lot commission so bring your total to about 0.9 pips per trade. However, taking into account of HFTGroupFX's discount of $1.50, you will be paying $5.50 instead of $7.00, which added to 0.2 pips is about 0.75 pips. Assuming you get the best possible condition of a 0.0 pip spread, then you pay a total of 0.55 pips...

This was awesome !!!! Please update for 2015 as some new brokers added.
  • #51
  • Sep 25, 2015 5:11pm Sep 25, 2015 5:11pm
Quoting undergroundz
I think you should improve your trading ability than finding a cheapest broker (lowest comission), if you are not good in trading, lowest comission cannot do anything to help you gain profit
With respect I totally disagree with this. Put into another context this is like looking at the same two beers for different prices and saying "why bother buying cheap beer if you're going to have a hangover". We are talking about trading a standardised product - we should look to minimise our costs AND look to improve our profits, this is the only way forward.

I found a really great resource today - www.spreaddoctor.com. Take a look, its saved me a whole bunch of calculation by introducing me to the cheapest broker after uploading my statement.
  • #53
  • Sep 27, 2015 5:52pm Sep 27, 2015 5:52pm
Quoting Dunno67
Hidden
B book broker not ECN
  • #54
  • Sep 27, 2015 10:54pm Sep 27, 2015 10:54pm
You may be careful with the cheapest brokers. You should find a honest broker
  • #55
  • Sep 28, 2015 6:07am Sep 28, 2015 6:07am
I'm a BIG BIG fan of IC Market
Dont Follow The Mass !!!
  • #56
  • Oct 1, 2015 11:11am Oct 1, 2015 11:11am
for the minimum deposit and the spreads? go with octafx. if you can find abetter option please tell us so that we can compare
  • #57
  • Oct 5, 2015 5:07pm Oct 5, 2015 5:07pm
Quoting ericnyamu
for the minimum deposit and the spreads? go with octafx. if you can find abetter option please tell us so that we can compare
Never ever go with a broker, who say it is a welcome bonus, deposit bonus( 50% ) !
I want to buy PATIENCE
  • #58
  • Oct 7, 2015 3:30am Oct 7, 2015 3:30am
Hey,

Anyone been trading with ic markets ? i wonder about there experience! tryed to read reviews but its hopeless with so many
good and so many bad reviews.

About 90% lose in forex cause of there own fault and blame a broker so they review it as bad. So looking for user experience.

Thx in advance

Gl trading all!
  • #59
  • Oct 7, 2015 8:15am Oct 7, 2015 8:15am
Using Octafx spread around 0.1 to 1 pip depending on pairs and situation. I usually find it for EU and EJ which i prefer using especially when i am scalping while for others it's higher, but can't say exact for other pairs since it's flexible and lastly they are ECN.
  • #60
  • Last Post: Oct 7, 2015 2:29pm Oct 7, 2015 2:29pm
Quoting matheszabi
{quote} Never ever go with a broker, who say it is a welcome bonus, deposit bonus( 50% ) !
that bonus isNOT applicable to their ecn accounts.but you gotta love their spreads and while at it give us an alternative
0 traders viewing now