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Blitz Brokers User Reviews
Blitz Brokers User Reviews
Uczestnik z Jul 02, 2017   1 postów
Oct 15, 2017 at 14:51
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.
Uczestnik z Dec 04, 2010   1557 postów
Jul 06, 2017 at 09:57
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.
Uczestnik z Sep 17, 2015   4 postów
Jul 03, 2017 at 06:15
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.
Uczestnik z Dec 04, 2010   1557 postów
Feb 14, 2017 at 22:55
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
Uczestnik z Sep 17, 2015   4 postów
Feb 14, 2017 at 15:56
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 :)
Uczestnik z Jul 13, 2016   2 postów
Jan 15, 2017 at 07:40
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.
Uczestnik z Dec 04, 2010   1557 postów
Jan 13, 2017 at 09:10
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...)
Uczestnik z Sep 17, 2015   4 postów
Jan 13, 2017 at 08:42
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.
Uczestnik z Jul 13, 2016   2 postów
Jan 12, 2017 at 15:55
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
Uczestnik z Dec 04, 2010   1557 postów
Dec 29, 2016 at 05:08
is this AXI trader white label broker?

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