Best ECN Broker for Scalping EAs
Jan 16, 2012 at 09:53
I was searching around for the best possible ECN with the best rates for my scalping EA ..
Please if you know of a good ECN broker which is safe and regulated .. which you have personally tried .. please share it with us ..
Safety and security of the broker are number 1 ofcourse ...
Thank you
Please if you know of a good ECN broker which is safe and regulated .. which you have personally tried .. please share it with us ..
Safety and security of the broker are number 1 ofcourse ...
Thank you
Medlem sedan Oct 28, 2011
23 inlägg
Jan 16, 2012 at 10:58
I agree with you on that. What country are you in?
forex_trader_28881
Medlem sedan Feb 07, 2011
691 inlägg
Jan 16, 2012 at 11:31
Try the Australians...
Go Markets and IBFX AU comes to mind.
Go I've put hectic volumes through and never heard a word of complaint from them.
Go Markets and IBFX AU comes to mind.
Go I've put hectic volumes through and never heard a word of complaint from them.
Medlem sedan Feb 09, 2011
7 inlägg
Jan 16, 2012 at 13:11
I wouldn't tell that they the best
forex_trader_28881
Medlem sedan Feb 07, 2011
691 inlägg
Jan 16, 2012 at 16:08
Oanda ?
Medlem sedan Oct 28, 2011
23 inlägg
Jan 16, 2012 at 18:44
Make sure you sign up for rebates on your trading volume wherever you decid to open.
Medlem sedan Apr 28, 2011
109 inlägg
Jan 16, 2012 at 21:54
use fxopen ecn,finfx or pepperstone. i recomended pepperstone with razor account
Jan 16, 2012 at 21:56
I have looked at over 20 ECN brokers and have come down to these ..
1. Pepperstone razor (0-0.5 pips + 0.75 pips com/lot , 1:400 lev)
2. Admiral Markets ( <1 pips + 0.4 pips com/lot , 1:100 lev)
3. Oanda (1.2 pips fixed , 1:50 lev)
4. ATC Brokers (<1 pips + 0.8pip com/lot , 1:200 lev)
NOW ofcourse I will distribute my Equity equally between the top 3 or 4 ... Cuz you can't put all your eggs in one basket.
However with your help I would like to rule out the unethical brokers, ones who have slow execution time, or that act unproffesionally.
So if you had a live account with one of these and are satisfied or dissatisfied please let us know ...
Regards,
1. Pepperstone razor (0-0.5 pips + 0.75 pips com/lot , 1:400 lev)
2. Admiral Markets ( <1 pips + 0.4 pips com/lot , 1:100 lev)
3. Oanda (1.2 pips fixed , 1:50 lev)
4. ATC Brokers (<1 pips + 0.8pip com/lot , 1:200 lev)
NOW ofcourse I will distribute my Equity equally between the top 3 or 4 ... Cuz you can't put all your eggs in one basket.
However with your help I would like to rule out the unethical brokers, ones who have slow execution time, or that act unproffesionally.
So if you had a live account with one of these and are satisfied or dissatisfied please let us know ...
Regards,
Jan 17, 2012 at 15:51
Take a look at www.fxintel.com for spread compare, unifx have very tight spreads only axitrader pro is better but it's the same like axitrader standard, the difference is 1 pips spread markups instead of 10$!! for the Pro account. A joke!
Is someone with Squared Financial and can say something about execution time? I heard pepperstone have a bad execution.
Is someone with Squared Financial and can say something about execution time? I heard pepperstone have a bad execution.
Jan 17, 2012 at 20:23
It seems to me the top ones are all pretty much the same. Anytime you go to a pro account with tighter spreads they charge a comm. to bring you right back to the same spread. One thing to watch for is do they charge to deposit and charge withdrawl fees.(Alpari charges this Hotforex not) That makes it expensive to move money around.
Jan 18, 2012 at 00:47
Keep in mind guys/girls, that with a system with tight stops, by having a much smaller spread, but paying the difference in commission, can mean you get stopped our less, as your spread is much tighter.
So even though you may be paying the same as standard for buy and sell on ECN with commission, you may be stopped out less on an occasional trade.
So even though you may be paying the same as standard for buy and sell on ECN with commission, you may be stopped out less on an occasional trade.
Jan 18, 2012 at 00:49
dalecam posted:
Keep in mind guys/girls, that with a system with tight stops, by having a much smaller spread, but paying the difference in commission, can mean you get stopped our less, as your spread is much tighter.
So even though you may be paying the same as standard for buy and sell on ECN with commission, you may be stopped out less on an occasional trade.
Ya great point there.
Feb 21, 2012 at 16:45
Try https://www.fxprimus.com They are Very good ECN Broker Fast execution, low spread!
Nov 14, 2012 at 09:09
There are for sure many options. personally, I'd keep away from those offering ecn (allegedly) that have also dealing desk operation. It's a massive conflict of interest from their usual business activities.
For me, true stp with good liquidity or ecn is the only way. There are many many points you must consider if you scalap agressively and you must do your research properly.
Good luck
For me, true stp with good liquidity or ecn is the only way. There are many many points you must consider if you scalap agressively and you must do your research properly.
Good luck
