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STP or Market Maker?

soothsayer
Mar 21 2014 at 21:23
3 príspevkov
Which type of broker is better?

STP or Market Maker?
Massi (FxProdz)
Mar 22 2014 at 21:06
42 príspevkov
The most important thing is honesty. If your broker is honest, it really doesn't matter if it's a market maker or ecn/stp!
Just choose a honest regulated broker that suits your trading system well :) Good luck :)
soothsayer
Mar 24 2014 at 14:52
3 príspevkov
How can you know if a broker is honest though???

Are certain trading styles better for one versus the other?
Massi (FxProdz)
Mar 24 2014 at 16:02
42 príspevkov
If you feel confortable with your broker and it allows you to apply your strategy without any restriction I guess it's ok.
Anyways, to choose a good broker you have to take into consideration it's reputation, regulation,payement methods, trading condition etc......
vontogr (togr)
Mar 24 2014 at 16:34
4862 príspevkov
I would say
1. Stable regulated broker with good reputation
2. STP + NDD.
3. good spread + high leverage
icmarketsfx (icmarketsfx)
Jun 22 2014 at 06:49
21 príspevkov
A True ECN Broker is far better than STP/Market Maker broker. Professional Scalpers always prefer a regulated True ECN broker which provide tight spread, low commission fee and high leverage.
Get 20% discount on IC Markets
VIP (makeitrain)
Jun 24 2014 at 20:21
212 príspevkov
I would rather play in the casinos than go with market makers its just bad news
Adrian Matusiak (adrian8891)
Jun 24 2014 at 21:06
696 príspevkov
ECN brokers are the best. Clear rules for trading. Market Makers usually do manipulations on customers accounts, thats why I suggest to stay away from them.

Best regards
PAMM MANAGER // Professional Fund Manager
Massi (FxProdz)
Jun 25 2014 at 07:28
42 príspevkov
makeitrain posted:
I would rather play in the casinos than go with market makers its just bad news

Can you tell me what's exactly the reason? 😂
VIP (makeitrain)
Jun 25 2014 at 07:44
212 príspevkov
FxProdz posted:
makeitrain posted:
I would rather play in the casinos than go with market makers its just bad news

Can you tell me what's exactly the reason? 😂

Manipulations, theft from brokers..your mt4 data itself could very well be not even real or highly inaccurate. Some people still rade standard but its not for average user. They go in hit the broker with big win take their winnings and run if they can that is.keep migrating their capital from broker to broker but these are advanced traders 😄
Mr Gekko (Ingimundur)
Jun 25 2014 at 08:37
12 príspevkov
I agree, I choose ECN Broker myself.
It is important doing little research when choosing broker because bad broker takes much of your profit, i.e. if you got any.

I like Armada, Excel Markets and IC Markets.
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
icmarketsfx (icmarketsfx)
Jun 25 2014 at 17:44
21 príspevkov
IC Markets has an edge over these two because you can also trade Futures CFDs.
Get 20% discount on IC Markets
k4y (KayS)
Jun 28 2014 at 09:59
63 príspevkov
I'm with Pepperstone, EDGE Razor account. Order executions are lightning fast even during high volatility and news releases, so I'm very satisfied with them so far.
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