Any ideas of reliable Broker which allows scalping ?

May 26, 2010 at 04:45
3,168 Views
37 Replies
Biedrs kopš   65 ieraksti
May 26, 2010 at 04:45
My current broker is not happy with my scalping technique. My EA sending too many requests to broker server (about 4 request per seconds).

Any idea which broker can handle this stuff?

thanks,
Aladar
Less is more.
Elkart
forex_trader_7
Biedrs kopš   941 ieraksti
May 26, 2010 at 05:30
Funny, there's a GO Markets add on my screen right now, says 'all Ea's accepted'.

Sue the buggers...false advertising...
Biedrs kopš   556 ieraksti
May 26, 2010 at 06:09

aladar posted:
    My current broker is not happy with my scalping technique. My EA sending too many requests to broker server (about 4 request per seconds).

Any idea which broker can handle this stuff?

thanks,
Aladar

What broker do you use?
4 requests is quite high - even if your broker accepts it, you would probably experience some slippage.
Biedrs kopš   6 ieraksti
May 26, 2010 at 06:52
Alpari UK https://www.alpari.co.uk/en/customer_service/faq/trading.html

Q Do you have any restrictions on scalping?
A No, we do not have any special policies or restrictions on scalping.

I use them and have had no issues.
Elkart
forex_trader_7
Biedrs kopš   941 ieraksti
May 26, 2010 at 06:58 (labots May 26, 2010 at 07:00)
I'm wondering how the heck you make money of that. I love the idea of high frequency trading, that's what computers are for, but 4 a second...dang...

Slavo, look me in the eye mate and tell the truth - did you crash the euro?
Biedrs kopš   83 ieraksti
May 26, 2010 at 10:21 (labots May 26, 2010 at 10:23)
these brokers have no problem with scalping
FXCBS
the collective
ATC brokers
MB trading

i listed them according to my preference. FXCBS might suite real scalping because they offer no commission accounts..the commission is added to the spread and STILL thier spreads are TIGHT...bad thing NO MICRO LOTS, LARGE SWAP RATES

the collective accepts micro lots and pure ECN feeds and best of all NO COMMISSION..but thier demo platform tends to close large negative floating trades too early...there is nothing so cool about thier spreads..just normal

ATC brokerS and MB trading allow scalping of all sorts..but dont offer no-commission accounts..commissions affect scalper's profits..

i hope this helps!😎
winning isnt victory and losing isnt defeat.
Biedrs kopš   65 ieraksti
May 27, 2010 at 08:40
Thanks guys for your suggestions, I'll try to contact them and will see......
😄
Less is more.
Biedrs kopš   1424 ieraksti
May 27, 2010 at 08:54
FXCBS really?

Forex peace army have some bad reviews on them and I used to have an account with them and closed it as I felt that they were cheating me on several trades. I'd be wary about putting large sums with them.

https://www.forexpeacearmy.com/public/review/www.fxcbs.com
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   879 ieraksti
May 27, 2010 at 10:46

Elkart posted:
    Funny, there's a GO Markets add on my screen right now, says 'all Ea's accepted'.

Sue the buggers...false advertising...

What kind of problem do/did u have with EAs on GOMarkets?
Biedrs kopš   20 ieraksti
May 31, 2010 at 23:24
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'😡
Biedrs kopš   879 ieraksti
Jun 01, 2010 at 00:00

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!
Biedrs kopš   65 ieraksti
Jun 01, 2010 at 12:09 (labots Jun 01, 2010 at 12:12)
Hey pc8multifx!

At my issue, my EA was placing too many orders in high frequency ( at least 1 trade on every new tick or more )

I've done some research, any MQL server is designed way that can execute only 1 request at the time. All others reuests are basicly queued up for execution and caused to slow others from trading.

I didn't know about the limitation of MQL server and EA performed excellent on Demo accounts, so I've put my system 'Slavo Fast' on real account and got awesome returns in 2 days, but unfortunately got contacted by broker to stop and 'fix' my EA 😀
In my case broker is right, I'm bad... I was 'clogging' their system.

If you look my system, Total trades are almost 30k in few days :) I know this is not 'standard' trading, but it turned out it's profitable. This system works way..... the more trades allows me to calculate probability more precisely and set up TP/SL for hundreds open trades. Unfortunately this system is not usable on any MQL broker.

https://www.myfxbook.com/portfolio/slavo-fast/32985


Less is more.
Biedrs kopš   879 ieraksti
Jun 01, 2010 at 12:46
Thx Slavo. Did u 'fix' the EA?😉
Biedrs kopš   257 ieraksti
Jun 02, 2010 at 03:46
you could open an account with dukascopy since they now allow as little as 1K USD accounts and use the mt4->jforex bridge which is free ... that way you trade your EA on demo and the trades get copied to dukascopy ... I saw your biggest trade is 100 pips so that might work for you if you don't close trades with ~1 pip ...
Biedrs kopš   20 ieraksti
Jun 02, 2010 at 07:11

aladar posted:
    Hey pc8multifx!

At my issue, my EA was placing too many orders in high frequency ( at least 1 trade on every new tick or more )

I've done some research, any MQL server is designed way that can execute only 1 request at the time. All others reuests are basicly queued up for execution and caused to slow others from trading.

I didn't know about the limitation of MQL server and EA performed excellent on Demo accounts, so I've put my system 'Slavo Fast' on real account and got awesome returns in 2 days, but unfortunately got contacted by broker to stop and 'fix' my EA 😀
In my case broker is right, I'm bad... I was 'clogging' their system.

If you look my system, Total trades are almost 30k in few days :) I know this is not 'standard' trading, but it turned out it's profitable. This system works way..... the more trades allows me to calculate probability more precisely and set up TP/SL for hundreds open trades. Unfortunately this system is not usable on any MQL broker.

https://www.myfxbook.com/portfolio/slavo-fast/32985




regardles If are right or wrong, broker shouldnt advertise ANY EA acceptable. When obviously its not true.
Biedrs kopš   3 ieraksti
Jul 20, 2010 at 10:45

rubionfunds posted:
    these brokers have no problem with scalping
FXCBS
the collective
ATC brokers
MB trading

Also all EA's and tactics, Rous Bridge with Integral liquidity with some of the lowest ECN spreads at
https://finfxtrading.com/index.php?lang=eng

Thanks.

Parkkis
Biedrs kopš   1424 ieraksti
Jul 20, 2010 at 10:53
I'm always a little cynical about people who register and then straight away their first post is a recommendation for a broker.


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Patience
forex_trader_1819
Biedrs kopš   230 ieraksti
Jul 20, 2010 at 11:14
ROFL. It's too many years in this game that makes one cynical. Anyway, I haven't had a problem with Oanda but I'm talking manual scalping not that EA stuff.
Biedrs kopš   879 ieraksti
Jul 20, 2010 at 12:59

parkkis posted:
    
rubionfunds posted:
    these brokers have no problem with scalping
FXCBS
the collective
ATC brokers
MB trading

Also all EA's and tactics, Rous Bridge with Integral liquidity with some of the lowest ECN spreads at
https://finfxtrading.com/index.php?lang=eng

Thanks.

Parkkis


Demo platform doesn't work.....seems there is no server 🙄
Biedrs kopš   3 ieraksti
Jul 29, 2010 at 12:21 (labots Jul 29, 2010 at 12:25)
pc8multifx posted:
    
parkkis posted:
    
rubionfunds posted:
    these brokers have no problem with scalping
FXCBS
the collective
ATC brokers
MB trading

Also all EA's and tactics, Rous Bridge with Integral liquidity with some of the lowest ECN spreads at
https://finfxtrading.com/index.php?lang=eng

Thanks.

Parkkis


Demo platform doesn't work.....seems there is no server 🙄

In the excitement lot's of people just download MT4 without remembering to register the ECN Demo account at the site. No harm done, just register and you are good to go.

parkkis

ps. I really like your Chart. Who wouldn't :)
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