For scalping better go to LMAX, most brokers kick you out since most EAs cause latency and brokers hate that, not to mention i tried all scalping EAs out there and all of them lost. I trade an ECN account with $2 per side and get a $10 rebate per 5 lots, so more than happy with it.

turbotrader2000 posted:
They used to be an Axi IB and are now a white label of Mex group. Not sure what rebates you are referring Ozzie, but I pay $2 per lot in an ECN account, so it got lower after they quit with Axitrader. Am testing the standard account currently since that seems more interesting ( no minimum deposit) and 0.4 pip all in on the Eur/Usd. The spread is average 0.8 so when i deduct the .4 cash back i only pay .4 per trade.

Mex fees do look low and low spread, but when I read their scalping policy and all the restrictions on trades none under 10 seconds, no more than 25% of trades under 120 seconds, so not good for scalping EAs etc. These are usual signs of a market maker broker not a true ECN broker, also since they state no slippage, another sign orders aren't being passed to the market. Good they are regulated though, its IKON broker rebranded... good luck.

They used to be an Axi IB and are now a white label of Mex group. Not sure what rebates you are referring Ozzie, but I pay $2 per lot in an ECN account, so it got lower after they quit with Axitrader. Am testing the standard account currently since that seems more interesting ( no minimum deposit) and 0.4 pip all in on the Eur/Usd. The spread is average 0.8 so when i deduct the .4 cash back i only pay .4 per trade.

turbotrader2000 posted:

aeronthomas posted:

turbotrader2000 posted:
It s an appointed representative of Axitrader or an Introducing broker. Trading through them means you get better prices. For the rest they have a full support desk.

normally if you use an IB you may get slightly reduced commissions or a portion of the spread maybe returned to you, like using any of many forex cash back services, I have never heard of better prices (or do you mean reduced spread (perhaps on a standard account (ECN would be lot rebate maybe, but of course the IB is also taking his cut...)

In their ECN account i receive $2 rebate per trade so pay $5 per million round turn. Didn't find it any cheaper so far :)

Similar to my cash back service $2.03 for this broker per lot. cheers

aeronthomas posted:

turbotrader2000 posted:
It s an appointed representative of Axitrader or an Introducing broker. Trading through them means you get better prices. For the rest they have a full support desk.

normally if you use an IB you may get slightly reduced commissions or a portion of the spread maybe returned to you, like using any of many forex cash back services, I have never heard of better prices (or do you mean reduced spread (perhaps on a standard account (ECN would be lot rebate maybe, but of course the IB is also taking his cut...)

In their ECN account i receive $2 rebate per trade so pay $5 per million round turn. Didn't find it any cheaper so far :)

I recommends only main brokerage if you I have a choice, every additional mediator will charge a small mediator fee to actual cost. Be sure what you are trying to achieve.

turbotrader2000 posted:
It s an appointed representative of Axitrader or an Introducing broker. Trading through them means you get better prices. For the rest they have a full support desk.

normally if you use an IB you may get slightly reduced commissions or a portion of the spread maybe returned to you, like using any of many forex cash back services, I have never heard of better prices (or do you mean reduced spread (perhaps on a standard account (ECN would be lot rebate maybe, but of course the IB is also taking his cut...)

It s an appointed representative of Axitrader or an Introducing broker. Trading through them means you get better prices. For the rest they have a full support desk.

Hi, They look like a trading partner of Axi Trader ( may be an IB). Compare the trasding cost and live trading environment before jumping in.

Thank you
Vinod

is this AXI trader white label broker?