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Brokers and true ECN brokers

Sep 13, 2015 at 06:06
2,195 Visa
40 Replies
Medlem sedan Dec 05, 2020   81 inlägg
Jan 07, 2021 at 07:07
lucasser posted:
I suggest trading with FP Markets an ASIC regulated broker, I currently trade with their raw (ecn) account, and they have some of the tightest spreads and slippage offered is also low.
I've heard this name a lot. Do they take clients globally or is it restricted to some particular countries?
Medlem sedan Apr 02, 2020   39 inlägg
Jan 08, 2021 at 13:44
Compared to other ECN broker I suggest trading with FP Markets because they have a robust trading condition, they also offer a lower slippage and commission cost for $6 per round per lot.
Medlem sedan Aug 28, 2020   37 inlägg
Jan 12, 2021 at 15:31
I currently trade with FP Markets using their ECN pricing raw account. The spreads are tighter and consistent during high volatile market movements, and their slippage is lower than other ECN brokers.
Medlem sedan Oct 07, 2020   104 inlägg
Jan 13, 2021 at 04:17
snapdragon1970 posted:
Hi everyone,I'm new to this site,but not new to trading.I would like to know how many traders on the site use ECN brokers and what their experiences have been?
I have some inside experience of the trading profession.
i am using demo account from an ECN broker they are really good as they get their prices from liquidity providers which cannot hinder the prices
Medlem sedan Jun 15, 2020   59 inlägg
Jan 13, 2021 at 04:19
Adribaasmet posted:
honestly speaking without using practically its really difficult to recommend
at any broker, because so many brokers in online and most of them are found to be scam.
I agree that it is essential to test a broker before you risk your money with it. For that purpose, demo accounts are of great help as you get to practice as many strategies as you want without having to put your money to risk. And the best part is that nearly all brokers offer demo accounts. You just have to select a broker, create your demo account with it, and you are good to go.
Medlem sedan Sep 12, 2017   238 inlägg
Jan 13, 2021 at 05:03
it is very imp to test a broker before depositing or adding money into it. not just the tarading condition but there have been a lot of scams where brokers run away with the people's money
Medlem sedan Jul 14, 2020   42 inlägg
Jan 13, 2021 at 08:22
inspirenez posted:
Adribaasmet posted:
honestly speaking without using practically its really difficult to recommend
at any broker, because so many brokers in online and most of them are found to be scam.
I agree that it is essential to test a broker before you risk your money with it. For that purpose, demo accounts are of great help as you get to practice as many strategies as you want without having to put your money to risk. And the best part is that nearly all brokers offer demo accounts. You just have to select a broker, create your demo account with it, and you are good to go.
The most important aspect of trading in my opinion is a solid trading plan. A trader must be sure of the moves and then only trade. Understanding the proper use of stop loss and take profit is also very important. No doubt using a regulated broker with a user-friendly trading platform is important but mastering your trading strategy is even more.
Medlem sedan Jun 15, 2020   59 inlägg
Jan 14, 2021 at 04:37
philipsimmions posted:
inspirenez posted:
Adribaasmet posted:
honestly speaking without using practically its really difficult to recommend
at any broker, because so many brokers in online and most of them are found to be scam.
I agree that it is essential to test a broker before you risk your money with it. For that purpose, demo accounts are of great help as you get to practice as many strategies as you want without having to put your money to risk. And the best part is that nearly all brokers offer demo accounts. You just have to select a broker, create your demo account with it, and you are good to go.
The most important aspect of trading in my opinion is a solid trading plan. A trader must be sure of the moves and then only trade. Understanding the proper use of stop loss and take profit is also very important. No doubt using a regulated broker with a user-friendly trading platform is important but mastering your trading strategy is even more.
I agree! And what better way to finetune your strategy than to practice on demo. I did the same when I started trading GBPUSD on xm’s demo account. After practicing for a while I traded $500 each on ECN accounts of xm and fxview. Although both require very minimal deposit for trading but I think anything less than the amount I started with will be too less to understand proper risk and money management.
Medlem sedan Sep 30, 2020   58 inlägg
Jan 14, 2021 at 07:27
Making sure that a forex broker suits your requirements is the most important thing that can make your trading journey easier and better. So first determine the currency pair you want to trade, the trading style you want to adopt, and then only choose a broker accordingly.
Medlem sedan Apr 01, 2020   231 inlägg
Jan 14, 2021 at 09:32
Before choosing a broker always test the broker and should check trading conditions and how they have a response to the customers.
Medlem sedan Jun 23, 2020   34 inlägg
Jan 14, 2021 at 11:22
Different brokers offer different trading conditions. It is up to you to decide what you want in your broker. For me, hotforex and fxview work really well because of their tight spreads and low trading costs. I hardly trade more than 15 pips on hourly timeframes and for that it is absolutely important for me to use brokers that provide lower spreads, at least on the most liquid currencies.
Medlem sedan Jul 27, 2020   102 inlägg
Feb 03, 2021 at 08:09
davidkew posted:
Different brokers offer different trading conditions. It is up to you to decide what you want in your broker. For me, fxview work really well because of their tight spreads and low trading costs.
Can vouch fxview for their spreads. Their commission is quite cheaper - $2/lot RT
Medlem sedan Nov 30, 2020   21 inlägg
Feb 05, 2021 at 10:34
This is a good platform for meeting and interacting with different traders. Good luck to you.
Medlem sedan Nov 19, 2020   104 inlägg
Feb 05, 2021 at 11:54
deckking posted:
This is a good platform for meeting and interacting with different traders. Good luck to you.
Indeed it is. Since how long are you into trading mate?
Medlem sedan Nov 02, 2020   34 inlägg
Feb 16, 2021 at 08:21
trollssent posted:
There are surely some brokers that specifically offer ECN accounts and the spreads are also pretty low on them.
Seeing one such case with fxview currently. They offer raw ECN account with lowest spreads.
Medlem sedan Apr 02, 2020   39 inlägg
Mar 13, 2021 at 16:31
I prefer trading with an ECN pricing broker because they offer tighter spreads than regular brokers. I currently trade with FP markets using their Raw ecn account, the spreads began at 0 pips in EURUSD currency pair.
Medlem sedan Feb 23, 2021   330 inlägg
Jul 19, 2021 at 11:16
Shelby10 posted:
A broker is the most important element in the trading. If you choose the wrong broker you can lose all your money. So be careful when you are going to choose a broker for you.
Yes. Broker is the most important thing in this market.
Medlem sedan Apr 25, 2020   119 inlägg
Jul 20, 2021 at 07:13
As for me, which broker you choose, most of yours will depend on your achievements and successes.
Medlem sedan Jul 23, 2020   759 inlägg
Sep 05, 2021 at 13:46
Regulated brokers are best in terms of security.
Medlem sedan Mar 28, 2021   617 inlägg
Sep 06, 2021 at 05:45
Regulated and licensed brokers are the best. Before choosing a broker, do some research on brokers. Find what match your criteria.
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