That says to me that DBFX has a dealing desk. An ECN doesn't have that restriction.

DBFX - anyone trade with them?

Would you use an unregulated bucketshop like this? Not me. look in FPA. 20 second execution and spiked prices. A classic example of a dealing desk based scam. Deposit money with them, and you can guarantee it will go straight into the pockets of the ...

MT4 favorite Brokers - as low as 1 Pip spreads

Partisanship is like football. My team is better than your team, but in reality, they are both pretty crap

New Leverage rule for FX COMING?

Let's talk about Market Maker vs ECN As you may well know, it's the dealing desk that is the problem (Not mentioning bucketshops because they are another thing). When you trade with a Dealing Desk, none of your positions go directly to the market, ...

MT4 favorite Brokers - as low as 1 Pip spreads

Yup. This thread is full of unregulated scam spam. Time for it to be cleaned up by the mods?

MT4 favorite Brokers - as low as 1 Pip spreads

Micro is a good way to start without risking too much, however there are a lot of micro bucketshops and scams out there offering micro accounts. Just be sure to avoid the Russian ones who usually claim to be regulated by Cyprus. CySec are not so ...

broker choice

I would be more worried if the live account DIDN'T have slippage. As demo accounts don't have real money, there is no liquidity question involved in being filled or not hence no slippage.

demo account and live account differ in slippage? FXCM

The choice to move to an ECN account is a very good one, however you are not going to find an ECN where $150 is anywhere near suitable. $10,000 is more suitable as a minimum deposit for an ECN. You can go as low as $1000 for an ECN that allows less ...

Looking for a broker to trade Geppy

Yes, for most of us, Dealing Desk based trading is not a problem. In fact, fixed spread is kinda nice sometimes. I'm on ECN though as I hate requotes

what will happen if my account has $1M?

US. And their dealer on the dealing desk got sacked for not stopping him too

what will happen if my account has $1M?

My suggestion would be go ECN. Forget Market Makers like FXCM and Alpari. I know someone who got kicked out of Alpari for making too much in a short amount of time anyway.

what will happen if my account has $1M?

If the death of retail forex trading in the US is looked at in terms of a clock, the time is 11:55pm. US traders are going to be leaving in droves and the NFA will be a smug little club for the few.

New Leverage rule for FX COMING?

There is one totally red flag that should tell you exactly what figfx is. They boast 1 pip spread, however they pay 1 pip commissions to their affiliates. So where does the broker get it's money?..... think about it for a moment

MT4 favorite Brokers - as low as 1 Pip spreads

I echo that sentiment. Their MM platform is fine for technical trading but scalping or news "trading" (nee gambling like a nub) is a nono. One of my accounts is on their ECN anyway which is indeed heavenly. I withdraw $5-6k a month from them by the ...

Comment on FxOpen?

Not only are they not an ECN (lying to us in other words), they are unregulated and unlicenced, but they are also in big trouble in Malaysia for operating their business illegally. Steer well clear of them.

Asian Forex Brokers, Brokers with offices in Asia

My advice is not to use ecurrency, nor to keep any amount of money in them. Just use bank wire. Sure it takes a little longer and there are higher fees, but at least you are dealing with properly licenced and properly run companies. Most ecurrencies ...

My money in perfectmoney account didn't show up...?

lol, well spotted Peter. This is an example of why zombie bumping is so annoying.

Ecn Or Mm Help Please

Sorry. Don't take it the wrong way but if you do any financial transactions let alone trading from a cyber cafe PC, you are completely bonkers! If you wake up one day and someone has emptied your trading and bank accounts, you will have only ...

Looking for a broker which offers web based trading platform

The reason why anyone would want to trade with a web based "platform" is beyond my understanding. They are so crap.

Looking for a broker which offers web based trading platform

Meh, I'm trading at ECNs. One with MT4, one with it's own custom platform. To tell you the truth, the MT4 one is preferrable for it's ease of use. If your broker requotes you, delays you or plays other dirty games with your execution, close your ...

MT4 Brokers' Virtual Dealer Plug-In