Any ideas of reliable Broker which allows scalping ?

I been running about 500 to 1000 trades per hour through Go markets for days now. They don't seem to have issues....

Same here, 1000s of trades per month with my EA live , not one error or incident with GO. They are fine. Withdrawls fast too.

pc8multifx posted:
    

lejko posted:
    I had a same problem with gomarket. They told me that my EA sending too many requests. ' Fix your EA or we block your IP'😡

Would you mind to post about this issue there?

https://www.forexfactory.com/showthread.php?p=3766382#post3766382

This way a bigger audience would be aware of it and GoMarkets would be forced to put the cards on the table😇

Thank you!

Im using FXDD Malta, pretty pleased with their services!
been using it nearly half a year now and best thing is they charge no commission well nearly none...

Sends you a daily statement everyday you have a trade placed or closed..
Should definitely consider it!

I put down 50 000 trades with Go yesterday in a 12 hour period. Over 4000 trades per hour. No issues, so I wonder why they asked by my last count 3 people to stop using EA's.....

 

Maybe they moved you to a special server :)

anyways what kind of strategy would benefit 4000 trades/hr ? Are you going for 0.1 pip TP ? Are you doing market orders or limit orders or both ?

The broker benefits from that .

I certainly hope they benefit. I don't want a poor broker.

I don't use orders. I put down trades. And before anyone laughs to hard, 1 cent a second is $864 a day per pair. Almost 10% on a $10 000 account and a couple of thousand percent a year...with compounding be $1 a second in a very short amount of time, that's $20 mil a month on 10 pairs.

I'll pay the spread...my broker can be rich. I'll be to.

Elkart posted:
    I certainly hope they benefit. I don't want a poor broker.

I don't use orders. I put down trades. And before anyone laughs to hard, 1 cent a second is $864 a day per pair. Almost 10% on a $10 000 account and a couple of thousand percent a year...with compounding be $1 a second in a very short amount of time, that's $20 mil a month on 10 pairs.

I'll pay the spread...my broker can be rich. I'll be to.

ok so i read that about 15 times and STILL didnt get the math .🙄

1 cent a second.

1x 60 = 60 cent a min
60 x 60 = 3600 cents and hour
3600 x 24 = 86400 cents per day

86400 /100 = $864 a day...per pair. Unfortunately I can't put them down quick enough so I'm capped at $864 per day till I go the API route.

At 1 buck a second it's $86 400 per day. Times pairs times days of trading, gets close to $20 mil. I'm presuming I can solve the speed issue and do 10 trades a second instead of 1.

Really ? I find FXDD excellent for longer term trades though when ever I start placing alot of trades they slow right down. I'm talking click and count to 30 before the trade is entered. I also got requoted to all hell whenever i've tried scalping on them.

I've tried 'GO' live aswell and their execution speed has been excellent (along with their spreads compared to FXDD).

bguguen posted:
    Im using FXDD Malta, pretty pleased with their services!
been using it nearly half a year now and best thing is they charge no commission well nearly none...

Sends you a daily statement everyday you have a trade placed or closed..
Should definitely consider it!

Oanda

1.5 million trades daily can't be wrong

I wrote to them this week. They said I'd have to write in a 30 second holding time.

You doing 1.5 million trades a day?

heck no !

5-20 trades only

you can check their website fxtrade.com for TransactionCount which is currently at 658,617,954

let's see what that number be on tuesday

I have an account with them and been speaking to the Singapore branch. I know they'll be a lot faster to use, but they are a buckets shop, even if they're the best one. If the portfolio changes to rapidly the get all tense about it.

I wrote and asked, it be a lot of work to move to them, and they kinda said I'd have to hold 30 seconds....

 

Elkart posted:
    I have an account with them and been speaking to the Singapore branch. I know they'll be a lot faster to use, but they are a buckets shop, even if they're the best one. If the portfolio changes to rapidly the get all tense about it.

I wrote and asked, it be a lot of work to move to them, and they kinda said I'd have to hold 30 seconds....

 

I see maybe autobahn https://www.autobahnfx.com/ may help?

I don't trade big only with a 4 figure account

Thanks for that I'll look into, but I keep fighting with the Germans. That dude from Varengold seriously rubbed me up the wrong way the other day. Just to clever for his own good.

But I'll have to move to C++ and from there on it's just a question of API's. Most of the non buckets shop brokers/banks, including Deutche bank use C++ FIX which is the industry standard for trading by the sounds of it. So in theory once written I can just hook into any bank. For both fx and equities.

So it's the obvious route to go next for anyone who has out grown Metatrader.

https://www.quickfixengine.org/



'The Financial Information eXchange (FIX) Protocol is a 'language' which defines specific kinds of electronic messages for communicating securities transactions between two parties. FIX defines only the format of the messages and the session-level interaction between two applications. More information on FIX can be found at the FIX protocol web site. '

https://www.fixprotocol.org/


'The Financial Information eXchange (FIX) Protocol is a messaging standard developed specifically for the real-time electronic exchange of securities transactions. FIX is a public-domain specification owned and maintained by FIX Protocol, Ltd.

Our mission:
To improve the global trading process by defining, managing, and promoting an open protocol for real-time, electronic communication between industry participants, while complementing industry standards.'