Well I don't know about what other MM's do but Oanda REALLY emphasizes that they really hedge their net client positions with counterparties so they don't profit from taking the other side of client positions. But Oanda still is an MM and NOT an ...

ECN/STP brokers

Really? You think it's the $20M net cap that made them jump ship? They were making it fine though before they decided to go institutional and I hardly doubt that they would have trouble making that requirement every year. They offered good and, like ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Well, you have to develope your own "effective" strategy that is tailored to your trading style, your trading timeframe and objectives. Everybody's different. There is no strategies that's "one size fits all". I would suggest you to first get a demo ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Which is really a shame. I really liked their retail platform. It was pretty user-friendly and customizable. Their spread is not the most competitive sometimes but they were the few that allowed stop-limit orders back then AND allowed hedging. Too ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

1. DON'T quit your day job. 2. Create a demo account and try to develope trading strategies that are profitable. 3. DON'T trade with real money UNTIL your demo account is profitable for at least 6 months.

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

No. Never heard of this broker so no comments can be given. You can find out more about brokers by going to broker review websites on the Internet.

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Except if you want to use their MT-ECN account, the min. deposit is $1,000. For $250, you can only get their standard micro account. Oakmonster is right. For ECN accounts, you need AT LEAST $1,000 with average of $5,000 being the norm. Frankly, if ...

ECN/STP brokers

Oanda is NOT an ECN/STP broker. They are a Market Maker but states that they have no incentive to trade against clients because they hedge the net client positions with another counterparty. Just so you know

ECN/STP brokers

Well one way they make sure they "distinguish" themselves is that they only cater to institutional clients and if you are an individual investor, the min. account balance is $1,000,000. They used to cater to retail invesotrs like us and their min. ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Hmmn... Interesting that this thread about the class action lawsuit against FXCM somehow turned into promotion about currency futures, and then to Betfair exchanges and now detailed discussions about Betfair exchanges.

Class Action Lawsuit Against FXCM

So true. You can always manage to make a strong point with so little words

Class Action Lawsuit Against FXCM

Well, they have to be contracting each other in order to squeeze more tax dollars from you. But what you are arguing are valid points. Retail Forex is considered derivative products because the way the foreign exchange contracts just roll forward ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Thanks for your research and explanation about NDD. They are really good. I absolutely agree with you that NDD is totally redundant when you have STP and not only that but also very inefficient. Why have the broker go back and forth manually ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Error? An error of $150,000 loss???! Wonder what made him stop at $150,000?? He could've still went on and "shrug off" as his own error at like $1,500,000 lossess. Not to be sarcastic at you but his action really made me doubt if he had other ...

Class Action Lawsuit Against FXCM

Like I said, whatever.

Class Action Lawsuit Against FXCM

Yeah whatever. Everybody steps on a guy who's appearing to go down. That's our beautiful human nature at work.

Class Action Lawsuit Against FXCM

Yup, Agreed! But if the claims are not proven in court, the poor guy is gonna be stuck with a $150,000 loss AND huge pile of lawyer fees.

Class Action Lawsuit Against FXCM

Any updates on the lawsuit? When are they going to trial? Hope FXCM won't settle.

Class Action Lawsuit Against FXCM

LOL grandpas with low testosterone = less frequent trading, hey grandpas can be pretty "prolific" these days, give them a pace-maker and some blue pills and they can go all day!! They can have kids and grandkids at the same time well into their ...

Dukascopy

Oanda is rolling out metratrader? Why? What's wrong with their original platform? I love their platform. It's unique, easy to use and very convenient with everything all in one place. I hope they still make their original platform available for ...

Oanda goes Metatrader