Hi Pipmutt. Being NFA doesn't make one ECN or even STP. There are still plenty of Market Makers in the NFA. I think you are also confused about ECN and STP models. STP is still mostly a market maker. This type of broker usually routes smaller orders ...

Brokers Scams Who delete you profits

Actually, ECN trades are executed based on available liquidity at your price, not on a price feed. If an ECN broker turns around and tell you that a trade is reversed or requoted based on an erroneous quote, then they are lying out of their asses ...

Brokers Scams Who delete you profits

Damn. Don't scalp on a Market Maker. Their dealing desk will have fits. Go ECN all the way :/ BTW, if you do scalp on a broker that claims they are an ECN but they delete the profits, report them here. That would mean they are not an ECN but a ...

Brokers Scams Who delete you profits

Maybe a spread spike? Was it at a major news release? Still, you would at least expect to see it on the chart?

Brokers Scams Who delete you profits

I've been using 5 digit ECN for a while now and now I know why they offer it now. You can place deals between the normal spread and have fractional rather than whole number spreads. Like eur/usd could be either 1.0 or 1.5 spread on a 5 digit broker, ...

Are all Mt4 brokers adding on an extra digit ?

Aren't they using Rumus II platform? I have it one good authority that platform is better for making you lose than most other platforms. It was designed from the ground up to be a bucketshop money maker.

Brokers with smallest accounts - The Race is on!

I wasn't talking about trading commission, I was talking about commissions for their agents or Introducing Brokers.

Brokers Scams Who delete you profits

Yes I did. Now I have them on their toes about their claims to be licensed to carry out their forex business over at tsd. They have licenses displayed on their site which are not only not for the company that signs up their forex clients, but they ...

Brokers Scams Who delete you profits

Delta? I hear they give 5 pip commissions to their IBs (From one of their employees). Since e/u spread is 2 pips, I will give you one guess where the other 3 pips comes from

Brokers Scams Who delete you profits

Instaforex is the biggest scam out there. Check out this discussion about them. I asked them some simple questions in their own forum about their claim to be an ECN, and they just tried to change the subject and went on about their licenses. They ...

Brokers Scams Who delete you profits

Seems kinda random on the stops. What are they based on?

what do you think about this EA??

The NFA keeps lobbying to raise the bar even more. It will be $30M soon. They have to keep up somehow.

Proposed NFA Capital Requirement

True for brokers that claim ECN status but are really just market makers with ECN pricing only, not the actual order fills. I know they probably wouldn't be able to offer full disclosure because of NDAs, but it would just be reassuring if a broker ...

Reliable broker for scalping with MT4

Yeah, I did ask whether they were just price feeds or actual liquidity providers and they all confirmed that the info they gave was liquidity providers. I'm sure they all have others but didn't mention them due to said NDA's.

Reliable broker for scalping with MT4

Ok, I just asked fxopen and they replied Hotspotfxi, LavaFX, Currenex, Dresdner, Deutchesbank, UBS, Citi, but couldn't divulge the others probably because of some agreement. I called some other ECN brokers on the phone (like Interactive Brokers, ...

Reliable broker for scalping with MT4

erm... fxopen has an ECN account option now. They even show the level II data for their ECN on MT4 which is something. As far as I know they never claimed their retail spot forex business to be STP. image There is a simple trick to see if a broker ...

Reliable broker for scalping with MT4

Liquidity providers do not allow for less than 1.00 standard lots (100,000) in any trade. Unless of course, volume less than that is just matched in house?

MB Trading Futures - Introduction

Well, less than 1.00 standard lots would have to go through a dealing desk where fills are more or less guaranteed (depending on the execution). When you trade volume that can actually go through to the market directly, you soon discover the evils ...

MB Trading Futures - Introduction

By having a tariff just for women, you are somehow saying that female traders are somehow different to male traders. I also love the choice of the number 8 in all the figures for the tariff. Having a little joke are we? :-)8-< That is good to know ...

FPA, PoltekFX, FBS and I

Can I suggest you have a "Blonde Option" too? It's terribly sexist.

FPA, PoltekFX, FBS and I