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Most suitable broker for news trading

  • #41
  • Feb 16, 2017 10:38am Feb 16, 2017 10:38am
Quoting Forexia
{quote} The thing is slippages should go both ways. It's understandable that slippages happen during high impact news and stop orders may get executed tens of pips away from the stop price BUT when you happen to be on the right side of the market, you should also get positive slippages in your favour tens of pips away from your limit or stop orders. Remember it's a zero-sum game; if your stop orders were executed tens of pips away from your stop price, that means someone somewhere should be getting their stops or limit orders executed tens of pips...
That is true. However, when we lose money we are looking how that happen and observe closely what happened. That is why people notice negative slippage. Positive slippage is hard to spot, as we won't notice it because of the winning trade, we'll just move on to the next one. I don't say that it is always like that, but I am talking from personal experience.
  • #42
  • Feb 16, 2017 12:01pm Feb 16, 2017 12:01pm
Quoting Dual
Hi all. I probably have a feeling that this topic was discussed to death. I've seen some topics about it around here. Anyway, forgive the newbie for creating one more thread like that but I really needed to because I couldn't find the answer I was looking for. So long story short, I'm looking for a broker that would be suitable for news trading. I know most of the retail brokers are not the best when it comes to news trading but if you are news trader and if you had experience with a handful of brokers, out of all, which would be the best for the...

Once again: It is extremely difficult (read: impossible) to trade news profitably in the long-run. Because even true STP brokers like Hanseatic or Tickmill widen their slippage and sometimes execute at the end of candlestick to avoid taking liquidity risk on themselves. They can fill an order for you but they ensure they make it safe and won't lose if their LP will get this order filled worse.
But nevertheless, you can give it a try but make sure you start from small lots because its easier for broker to execute them.
  • #43
  • Feb 17, 2017 3:19am Feb 17, 2017 3:19am
I think almost every broker allows trading during news however they do restricts those trading tactics that violates any of their terms. Moreover i think that slippage happens at the moment when the market went crazy so the traders only have the option to trade "as it is" basis.
  • #44
  • Feb 17, 2017 6:56am Feb 17, 2017 6:56am
Quoting jollypk
I think almost every broker allows trading during news however they do restricts those trading tactics that violates any of their terms. Moreover i think that slippage happens at the moment when the market went crazy so the traders only have the option to trade "as it is" basis.
From my understanding, i don't think it is possible for genuine broker to disallow any strategy apart from certain. So, if any broker don't let you trade during news than it's not a broker. Even with freebies i won't work with such companies.
  • #45
  • Feb 18, 2017 12:33am Feb 18, 2017 12:33am
A senior trader told me that brokers or liquidity provider consider this kind of order as toxic order, it's not welcome by them. For a start if ur order is small, they might let u win for couple of months, after that, they will slap u with slippage, and force u to change trading style.
  • #46
  • Feb 19, 2017 8:01am Feb 19, 2017 8:01am
The best broker for news trading is: "Money-For-Free ECN/STP FX".
Instant execution, no slippage and huge liquidity.

And the best part is, all losing trades will be changed into winning trades. Automatically!
  • #47
  • Feb 26, 2017 8:06am Feb 26, 2017 8:06am
Quoting The-Flipper
The best broker for news trading is: "Money-For-Free ECN/STP FX". Instant execution, no slippage and huge liquidity. And the best part is, all losing trades will be changed into winning trades. Automatically!

Why do you think news trading is impossible? Or its impossible with retail brokers only?
  • #48
  • Feb 26, 2017 10:40am Feb 26, 2017 10:40am
Quoting available
{quote} Why do you think news trading is impossible? Or its impossible with retail brokers only?
Did i say it's impossible?
I've said that the conditions are sh*t during news events, even with Futures. Every vulture is waiting for it.

Don't expect that the broker can fill your price what you click at.

LPs will b*tch around because they're in the business to make money.
  • #49
  • Mar 8, 2017 10:09am Mar 8, 2017 10:09am
So yeah basically don't trade during big news?

Or the only way I would do it, is to be ready to loose the entire account. So some kind of all-in call.
  • #50
  • Mar 23, 2017 10:31am Mar 23, 2017 10:31am
Quoting rockthepips
So yeah basically don't trade during big news? Or the only way I would do it, is to be ready to loose the entire account. So some kind of all-in call.
Yes, completely accurate. I agree. Had my fair share of loses during big news announcements. Won some of it, but at the end of the day, more losses than winnings, so I try to avoid it now.
  • #51
  • Apr 21, 2017 9:10am Apr 21, 2017 9:10am
normally, retail trading has default system lag time from Window Operating System around 25-30 milliseconds, while Institution (big guys) can access and reacts to news within 1-10 ms. depending on their geographic to news source.
Recently I am using the Hedge Fund Technology that reacts around 3 ms. on all Tick impulse (including news, and all abnormalities of the market), and it works fine. All you need is knowing why your tools is not working and correct them + a proper regulated broker (not a hoax ones)

Trust me, there are way to trade the news.
  • #52
  • Apr 28, 2017 8:43am Apr 28, 2017 8:43am
Quoting baskettom
normally, retail trading has default system lag time from Window Operating System around 25-30 milliseconds, while Institution (big guys) can access and reacts to news within 1-10 ms. depending on their geographic to news source. Recently I am using the Hedge Fund Technology that reacts around 3 ms. on all Tick impulse (including news, and all abnormalities of the market), and it works fine. All you need is knowing why your tools is not working and correct them + a proper regulated broker (not a hoax ones) Trust me, there are way to trade the news....
Yes, I think news trading works, but not the way most people thinks. If you are at a retail broker and you wait for the news itself you can be late most of the time. If you open two positions in opposite directions the extreme spread can kill both. But it doesnt matter if you have 1k or 100k, if you risk the same percent of your capital you win or lose the same percent. If somebody want speed up the reaction he can use pending orders, so can win 20-40 ms, because that is fierd on the brokers server, not at home on the platform. There are other tactics, last months I learnd a lot, and made a lot of programming. I think news trading works, but needs lots of preparation. Good execution/broker is the most important.

For news trading metatrader isnt the best choice, because you cant see the tickdata, but at the moment I use it, but I will replace it.
Only my scepticism keep me from being an atheist. Be sceptic ever.
  • #53
  • Jun 2, 2017 8:00am Jun 2, 2017 8:00am
Quoting baskettom
normally, retail trading has default system lag time from Window Operating System around 25-30 milliseconds, while Institution (big guys) can access and reacts to news within 1-10 ms. depending on their geographic to news source. Recently I am using the Hedge Fund Technology that reacts around 3 ms. on all Tick impulse (including news, and all abnormalities of the market), and it works fine. All you need is knowing why your tools is not working and correct them + a proper regulated broker (not a hoax ones) Trust me, there are way to trade the news....
Could you share details. Currently I am with ICMarkets and it is terrible. Looks like they hold quotes and my orders are executed with 2 to 3 seconds lag to what I see on the screen.
I like CTrader because I can implement my ideas in C#, not quasi-language of MT.
However ICMarket is not suitable for trading at all because of their glitches.

I would greatly appreciate your input.
  • #54
  • Jun 5, 2017 7:05am Jun 5, 2017 7:05am
Quoting jollypk
I think almost every broker allows trading during news however they do restricts those trading tactics that violates any of their terms. Moreover i think that slippage happens at the moment when the market went crazy so the traders only have the option to trade "as it is" basis.
Yes , agree with you.
I have never found at any broker which doesn’t cheat with their clients during news.
  • #55
  • Feb 19, 2019 11:04am Feb 19, 2019 11:04am
Quoting baskettom
normally, retail trading has default system lag time from Window Operating System around 25-30 milliseconds, while Institution (big guys) can access and reacts to news within 1-10 ms. depending on their geographic to news source. Recently I am using the Hedge Fund Technology that reacts around 3 ms. on all Tick impulse (including news, and all abnormalities of the market), and it works fine. All you need is knowing why your tools is not working and correct them + a proper regulated broker (not a hoax ones) Trust me, there are way to trade the news....
Hey I know this is old but what hedge fund tech are you using?
  • #56
  • Feb 20, 2019 6:43am Feb 20, 2019 6:43am
Quoting BenDunk
{quote} Yes , agree with you. I have never found at any broker which doesn’t cheat with their clients during news.

News trading is really dangerous because of unpredictability in execution and trading conditions. You take high risk trading news and sooner or later it will pay back with losses, because basically you join tight competition trying to execute your order at the release and broker has no incentive to provide you with this edge. Their risk management systems become especially sensitive during news so execution surprises are quite often to occur.
  • #57
  • May 11, 2019 3:52pm May 11, 2019 3:52pm
At present direct News trading is gone forever.
  • #58
  • Last Post: Aug 15, 2025 1:54am Aug 15, 2025 1:54am
Quoting leebsurag
Tickmill should fit the bill. They are very good during high volatility. Here is my account with them http://www.myfxbook.com/members/woodcutter/pulse-tickmill-real/1757067
I visited this link is it safe?
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