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Best broker for high frequency trading?

  • #1
  • First Post: Jun 16, 2017 2:42am Jun 16, 2017 2:42am
I am doing research for the best broker for HFT trading, it must allow scalping, closing orders withing same second (usually within 2 minutes) and ECN basis account (raw spread + low commission)

I have a shortlist of Yadix and JFD so far but JFD commissions are a bit too high, both offering high quality execution for the system, but I need more input from other traders using such systems please.
  • #2
  • Jun 16, 2017 3:23am Jun 16, 2017 3:23am
You can try Darwinex, they are an ECN with low spreads, FCA regulated. Not sure how the commissions compare to other brokers though
Better to run, than curse the road
  • #3
  • Jun 16, 2017 6:16am Jun 16, 2017 6:16am
Quoting Trutader
I am doing research for the best broker for HFT trading, it must allow scalping, closing orders withing same second (usually within 2 minutes) and ECN basis account (raw spread + low commission) I have a shortlist of Yadix and JFD so far but JFD commissions are a bit too high, both offering high quality execution for the system, but I need more input from other traders using such systems please.

IC Markets, Pepperstone, LMAX. Try all with rebate to reduce commission.
  • #4
  • Jun 16, 2017 4:25pm Jun 16, 2017 4:25pm
I researched many brokers when I was looking for a EA scalping broker. I've only found two of them which offer unlimited open trades:

LMAX - People say it offers unlimited open trades I haven't checked though
ThinkMarkets - Same say unlimited open trades however upon checking I've found only 4000 trades can remain open atm

Pepperstone ICMarkets etc can open only upto 200 trades atm or 400 max I've found.

EURUSD I've found in Pepperstone has 0 spread + No commision usually but not more than 0.5 pips. Other places is around 1-1.5 pip combined with commision.
  • #5
  • Jun 17, 2017 4:54pm Jun 17, 2017 4:54pm
r u nuts ?
u cant hft w retail brokers, forget it
need a direct connection to liquidity

hft is trading in the tick, not w minute chart
WaBaS Where are Buyers and Sellers
  • #6
  • Jun 20, 2017 7:55am Jun 20, 2017 7:55am
Mr. Brown, you mean via fix api direct to a pool of liquidity or specific bank? Most of us dont have such funds to get that relationship in place so we have to go to retail stp broker.

I've negotiated a cash back deal at Yadix looks like they are the one for me
  • #7
  • Jun 25, 2017 5:02am Jun 25, 2017 5:02am
I don't think is possible at all with a usual retail broker. Maybe with interactive brookers.
  • #8
  • Jun 26, 2017 10:14pm Jun 26, 2017 10:14pm
Quoting Trutader
Mr. Brown, you mean via fix api direct to a pool of liquidity or specific bank? Most of us dont have such funds to get that relationship in place so we have to go to retail stp broker. I've negotiated a cash back deal at Yadix looks like they are the one for me
What Brown said is true, HFT isn't within seconds its within milliseconds/ticks. HFT is where you are sitting on the exchange and an order comes past you to buy and you sneak in before that order reaches the exchange to buy and then sell to that original buy order but bumping up the price 0.1 of a pip or even less. The trading I am assuming you are doing is day trading (seconds-minutes etc).

You are just using the terminology wrong that's all.

Kind Regards,
Trading is a Zero sum game. Someone winning means someone losing.
  • #9
  • Last Post: Jun 29, 2017 10:49pm Jun 29, 2017 10:49pm
This list of Lowest Spread ECN Brokers might help high frequency traders and Scalpers reduce fees in their trading. Just stumbled on this list. http://www.thesearcherslist.com/2017...t-spreads.html

Of course if you have a really big capital of at least 1 mill and you trade a lot, then you can request for your broker to reduce your spread or commission.
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