My broker closed a trade before hitting my SL

I think that the ECN can accept from 0.10.

Some time ago fxpro had minimum lot size ofo 0.10 because on ECN that is the minimum size accepted.

At least so they said.

In the futures market the minumum is 1 contract (1 lot)

But you can trade futures as low as 0.01 using CFD based on futures.

So at the end they can send the orders to market if they want.


For a broker is not a good idea to send everything to market, the broker 100% ECN in the mess with the CHF were badly affected.

I don't understand this post. I'm using IC Markets sinces months after I had to test many of them for 2 years before that and they offer an excellent service.
I never had some weird shits, the only one time I had a problem it was fixed in the day.
My trading experience accelerated with IC...

This is so wrong. A broker is regulated and you are not. They can't do anything wrong to traders. Somehow the fault must be in your trading. Broker has the necessary tools to make one believe that.

Sometimes I think finding an honest broker is the holy grail. Yep mentioned it.

There are a lot of speculations over internet that is ECN and and at that conditions ECN operates. LMAX or Dukascopy where they cater for more retail style clients I have no doubt that that 0.01 lots are accepted. But when brokers talking about Integral, Currenex and so on - 0.01 and similar lot sizes looks a bit suspicious. My personal example with Divisa: (first of all - its not a complaint about broker, just observation of trading conditions) - they provide Currenex liquidity. The thing is - Currenex on their website stated that average trade size is around $800,000 and they would like their customers to keep that in mind. So - what happens with my my 0.01 and similar trades? Most likely it will be internalised or broker will take another side of the trade. There is no way that similar size trades going somewhere. In my opinion even bigger sizes should have trouble to go further that brokers books. But its just my opinion.
Another thing - software. MT4 and cTrader. MT4 we all know everything - good and bad cTrader - a lot of guys takes it as alternative to MT4 and as a real ECN solution. There is one problem in this situation - when you trading in ECN environment - we should create liquidity with limit orders. That means that every time somebody places limit order, their trading margin should be reduced. Example - if you have 1000 account with 100:1 leverage, you can place 10 orders for 10,000 and you should run out of the trading margin. What happens with MT4 or cTrader? Account size 1000 and I can place limit orders worth of couple of billions plus more. Again - limit orders sits on a server and become market orders then price reach that level and its not visible to to ECN network. cTrader is just a piece of software and we don't know how it looks from broker perspective and that kind of additional features are implemented.
That's why I prefer 1 pip spread on EUR/USD plus commissions and normal trading conditions instead of 0.1 spread and shady practices from broker side.
Again - this is just my opinion about this matter and I'm not going to argue with anyone how brokerage operates. It's just only our assumptions that comes from observations and painful experience

Not to mention the "ultimate broker trick", when the broker disappears with ALL THE CLIENT FUNDS.

See my post in this other active "broker thread": http://www.forexfactory.com/showthre...30#post8641930

Currenex offers a liquidity pool and each broker can pick up their LP's from there (or viceversa?), some may accept 0.01, some may not...

I have a feeling that brokers cant choose their LP, as it depends on their size - the smaller they are the bigger crap they get. And it still leaves us with the same problem - there is somebody on other side of our trades and hopes to take our money. So its not the counterparty, but more who is final risk taker just further in the food chain.

and yet when you look around the forums everyone is posting 80% - 100% profit trades daily and weekly