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  • #481
  • Aug 14, 2015 12:04am Aug 14, 2015 12:04am
Quoting orabi
{quote} They are respectable i used to manage a fund for AK investment Ltd. they are an exchange in albania and they use baxter to hedge there existed currencies go for them and they only ask for 25000$ all have a nice day

So outside of CFH, Baxter, FIXI who else offers similar level of services. Ie 50-100k min, $10-$15/mill comission. What would the minimums be with firms like this for a bank guarantee?
  • #482
  • Aug 14, 2015 8:55am Aug 14, 2015 8:55am
Quoting SlowFlow
{quote} So outside of CFH, Baxter, FIXI who else offers similar level of services. Ie 50-100k min, $10-$15/mill comission. What would the minimums be with firms like this for a bank guarantee?
PriceMarkets for example, RJOBrien UK, need more? )
BTW those Fixi, Baxter just ridiculous, they claim they're PoP but simply middle man and speculators just add 5$ to each mio, they don't have nothing.
  • #483
  • Aug 14, 2015 10:34am Aug 14, 2015 10:34am
Quoting SlowFlow
{quote} So outside of CFH, Baxter, FIXI who else offers similar level of services. Ie 50-100k min, $10-$15/mill comission. What would the minimums be with firms like this for a bank guarantee?
JFD Brokers-$50,000 Minimum, 200 Million per month min
Price Markets-$25,000 Minimum, 100 Million per month I think.
ADMD- They're probably good, haven't responded to my email inquiry for 3 days though.
Topfx- No minimum deposit, $10 per side can be lower. Minimum commission of $1000 per month. So only worth if you trade 50 Million+
Invast- Minimum deposit negotiable, $10 per side can be lower.
Dukascopy?
  • #484
  • Aug 14, 2015 11:52am Aug 14, 2015 11:52am
Quoting TraderSorrow
{quote} ADMD- They're probably good, haven't responded to my email inquiry for 3 days though.
I have no knowledge about ADMD - but experienced similar things with other brokers.

For some reason - don't ask me why - most service providers in the FX are treat customers like sh*t.
Forex is a losers game.
  • #485
  • Aug 14, 2015 3:30pm Aug 14, 2015 3:30pm
Quoting TraderSorrow
{quote} Price Markets-$25,000 Minimum, 100 Million per month

pricemarkets mt4-ecn
Minimum deposit: 500 USD, EUR or GBP
  • #486
  • Aug 14, 2015 10:38pm Aug 14, 2015 10:38pm
Quoting fx75
{quote} pricemarkets mt4-ecn Minimum deposit: 500 USD, EUR or GBP
We're talking about their PRIME of prime service.
Their mt4 offers 1:400 leverage....
Prime starts at $25,000
  • #487
  • Edited Aug 15, 2015 5:42am Aug 14, 2015 11:51pm | Edited Aug 15, 2015 5:42am
Quoting M967
{quote} PriceMarkets for example, RJOBrien UK, need more? ) BTW those Fixi, Baxter just ridiculous, they claim they're PoP but simply middle man and speculators just add 5$ to each mio, they don't have nothing.
Thnx, will have a look at RJOBrien.

I did have a chat with Price Markets and wasn't impressed with their response. I'm not very technical as far as what goes on behind the scenes, but PM said as i mostly intra day/news trade, they would be turning off most of the LPs. We were discussing tier CNX feed and this worry's me about the fils. I would like to be able to hit a 5mill order and not find it 2-3pip away from market. The discussions were around their PB offering.

Also on their mt4 offering and the comment that they are the counterpart to all your trades. They they hedge this off so you loose they win?????


Thnx TradeSorrow,

Given the current climate, i would prefer to have someone who is not head office/ Cyprus regulated. Is this a valid concern or am i been too paranoid?



What is the view on Velocity Trade? From what i've read they own PriceMarket, but not much else.
  • #488
  • Edited 3:54pm Aug 15, 2015 3:27pm | Edited 3:54pm
Quoting SlowFlow
{quote} Thnx, will have a look at RJOBrien. I did have a chat with Price Markets and wasn't impressed with their response. I'm not very technical as far as what goes on behind the scenes, but PM said as i mostly intra day/news trade, they would be turning off most of the LPs. We were discussing tier CNX feed and this worry's me about the fils. I would like to be able to hit a 5mill order and not find it 2-3pip away from market. The discussions were around their PB offering. Also on their mt4 offering and the comment that they are the counterpart...
Don't know whom have you spoken but their London head Alex has a huge experience and they offer many solution with NYor LD execution, depends on your location, plus they have its own professional platform with one touch no LL execution, very fast, spreads on EUR/DOLLAR 0.3-0.4 per side on <5 mio and commission 12.5 per side and 10 after yard, of course partial execution like all ECNs. Remember every 3d party platforms will only increase your costs of trading. But better for you seems to be CFH clearing, with 6$ after yard small spreads and 99% execution.
I'm pretty sure they're the best on PoP field. But I assume u have very little experience in FX and looking for your own way, good luck!
P. S. The final counterpart of all trades is their PB bank not them. All trades are executed only by bank. Every PoP broker can mark up the spread and all ECNs platforms can be very easily adjusted for any mark up. To control broker use 3d party charts, can be $$$ .
  • #489
  • Aug 15, 2015 7:04pm Aug 15, 2015 7:04pm
Quoting M967
{quote} Don't know whom have you spoken but their London head Alex has a huge experience and they offer many solution with NYor LD execution, depends on your location, plus they have its own professional platform with one touch no LL execution, very fast, spreads on EUR/DOLLAR 0.3-0.4 per side on <5 mio and commission 12.5 per side and 10 after yard, of course partial execution like all ECNs. Remember every 3d party platforms will only increase your costs of trading. But better for you seems to be CFH clearing, with 6$ after yard small spreads and...
On their page they advertise way higher commissions: https://pricemarkets.com/pricing/

Looks like for $12.5/m you need to do 10 yards+.
  • #490
  • Aug 15, 2015 8:30pm Aug 15, 2015 8:30pm
Quoting M967
{quote} Don't know whom have you spoken but their London head Alex has a huge experience and they offer many solution with NYor LD execution, depends on your location, plus they have its own professional platform with one touch no LL execution, very fast, spreads on EUR/DOLLAR 0.3-0.4 per side on <5 mio and commission 12.5 per side and 10 after yard, of course partial execution like all ECNs. Remember every 3d party platforms will only increase your costs of trading. But better for you seems to be CFH clearing, with 6$ after yard small spreads and...

I was talking with Alex T. he was the one who informed me that they would remove most of the LPs from the HUB. His reason for this is that they would complain. Might have another chat with them but not really exited about opening a new account and getting the same/ worse fills then the general retail brokers i use know.

What is the view from PoP brokers on day, slight news traders. To me the minute i say mainly day, news scalp(in position 5min max) he sounded very not interested in having any further talks? I generally try to be out of positions before the news hits,


On the counterparty, this was on PM website.
Quote
Are you a Market Maker?
Quote
Yes. Price Markets (UK) will be the counter-party on all your transactions on MT4 ECN. All markets will be traded as a CFD contract (Contract For Difference). We will hedge our exposure in the relevant market for the instruments you trade.
Im guessing this is only via the MT4 paltform, this does no apply to CNX.


CFH, in general does seem like a better offering but the information they are asking for, I'm hesitant to provide. Thing's like net asset values, yearly income and bank statements, all verified and provided by my accountant. From a liability/lawsuit encase of xxx event, understand why they are asking for this. However only my accountant has seen anyone of those thing and i would like to keep it that way. Might have another chat with Alex L. about this and see how flexible they are. Is it normal for this type of brokers to be asking for this info?
  • #491
  • Aug 16, 2015 2:45am Aug 16, 2015 2:45am
Quoting shrike
{quote} On their page they advertise way higher commissions: https://pricemarkets.com/pricing/ Looks like for $12.5/m you need to do 10 yards+.
Don't know what's written there, I tested their platforms and know their conditions.
Of course better way to know somebody in the company to get better conditions.
  • #492
  • Aug 18, 2015 9:44am Aug 18, 2015 9:44am
Slowflow,

Would you contact me to compare notes? I'm currently undergoing the 'audit' you've made mention of. I'd be interested to hear hear how your experience with some of these people has been.
  • #493
  • Aug 18, 2015 10:59am Aug 18, 2015 10:59am
Quoting SlowFlow
{quote} I was talking with Alex T. he was the one who informed me that they would remove most of the LPs from the HUB. His reason for this is that they would complain. Might have another chat with them but not really exited about opening a new account and getting the same/ worse fills then the general retail brokers i use know. What is the view from PoP brokers on day, slight news traders. To me the minute i say mainly day, news scalp(in position 5min max) he sounded very not interested in having any further talks? I generally try to be out of positions...
Hm, actually I don't know anything about MT4 via PM, only Liquidus platform, assume that may be for MT4 there're some different conditions? Alex is a good guy and very experienced.
With CFH, yes, some serious Pops need detailed info, like Bank KYC process. But in bank they will ask you a lot more. May be you asked them for fully separate account? In such case you'll need to provide all info.
Remember PM and CFH are interested in big monthly flow, it's their bread-and-butter. What I can say CFH is fully neutral.
What's your monthly flow size? If you don't want to disclose any private info, send me message.
  • #494
  • Aug 18, 2015 11:45am Aug 18, 2015 11:45am
I realize this question has been raised, but I don't think I saw anything definitive on the matter:
What's the relationship between Price and Velocity?

And specifically, does Price has PoP/Instituional offerings that Velocity doesn't?
  • #495
  • Aug 18, 2015 3:07pm Aug 18, 2015 3:07pm
Quoting oversea
I realize this question has been raised, but I don't think I saw anything definitive on the matter: What's the relationship between Price and Velocity? And specifically, does Price has PoP/Instituional offerings that Velocity doesn't?
Velocity owns half stake of PM.
Yes, PM offers pure institutional PoP services.
  • #496
  • Aug 18, 2015 4:34pm Aug 18, 2015 4:34pm
Quoting M967
{quote} Velocity owns half stake of PM. Yes, PM offers pure institutional PoP services.
Got it - thank you very much.

Of the different platforms that PM offers PoP service on, do any of them display Open Positions and PnL beyond each individual session/login (a la Currenex Viking)? Or is that something I'll only find on margin trading platforms/accounts?

I traded live on Currenex ECN for the first time recently, and was caught off guard that upon restarting my PC (and subsequently Currenex) my positions were 'gone forever' from my trading terminal. (The demo account I had been provided was 'read-only', for the sake of seeing the spreads).
  • #497
  • Aug 19, 2015 1:41am Aug 19, 2015 1:41am
Quoting oversea
Slowflow, Would you contact me to compare notes? I'm currently undergoing the 'audit' you've made mention of. I'd be interested to hear hear how your experience with some of these people has been.
With CFH, things are going slow. we are discussion the options as i'm not willing to give up my bank statements, anual income+net worth verified documents.

Will let you know the outcome.

Quoting M967
{quote} Hm, actually I don't know anything about MT4 via PM, only Liquidus platform, assume that may be for MT4 there're some different conditions? Alex is a good guy and very experienced. With CFH, yes, some serious Pops need detailed info, like Bank KYC process. But in bank they will ask you a lot more. May be you asked them for fully separate account? In such case you'll need to provide all info. Remember PM and CFH are interested in big monthly flow, it's their bread-and-butter. What I can say CFH is fully neutral. What's your monthly flow size?...
Will have another chat with PM, will give them a call. Maybe something got lost in the e-mails. What is this Liquidus platform? is this the Liquid-X? What would you recommend for a day trader. I don't do much news spikes trading, mostly trades run for a couple of hours.

My volume is aprox 150-200m/p, i'm tiny.


Quoting oversea
{quote} Got it - thank you very much. Of the different platforms that PM offers PoP service on, do any of them display Open Positions and PnL beyond each individual session/login (a la Currenex Viking)? Or is that something I'll only find on margin trading platforms/accounts? I traded live on Currenex ECN for the first time recently, and was caught off guard that upon restarting my PC (and subsequently Currenex) my positions were 'gone forever' from my trading terminal. (The demo account I had been provided was 'read-only', for the sake of seeing...
Wait so if i close the cnx session that trade is gone? Does it close the trade or just loose the reference to it? This seems like a serious design flaw.
  • #498
  • Aug 19, 2015 3:56am Aug 19, 2015 3:56am
Yes to my regret, you're not interesting client for both CFH and PM with such monthly flow. they're looking for minimum near yard monthly.
Liquidus is a home made professional platform with connect to 50 + LPs. They also have home traders 60 people like in banks.
Liquid-X is not PM.
  • #499
  • Aug 19, 2015 3:58am Aug 19, 2015 3:58am
Quoting oversea
{quote} Got it - thank you very much. Of the different platforms that PM offers PoP service on, do any of them display Open Positions and PnL beyond each individual session/login (a la Currenex Viking)? Or is that something I'll only find on margin trading platforms/accounts? I traded live on Currenex ECN for the first time recently, and was caught off guard that upon restarting my PC (and subsequently Currenex) my positions were 'gone forever' from my trading terminal. (The demo account I had been provided was 'read-only', for the sake of seeing...
Some technical issues may be, that's impossible in real trading.
  • #500
  • Aug 19, 2015 4:22am Aug 19, 2015 4:22am
Quoting M967
Yes to my regret, you're not interesting client for both CFH and PM with such monthly flow. they're looking for minimum near yard monthly. Liquidus is a home made professional platform with connect to 50 + LPs. They also have home traders 60 people like in banks. Liquid-X is not PM.
So if its not them, then who would you recommend? The issue i'm constantly having is after i make a bit of profit and withdraw(%profit+deposit), after a while the brokers starts to slip the fill. Even on small order, like 1 lot(100 000k) i will find it like 1 pip away from market. This is not during news, just regular trading.

What i'm after is a broker i can use reliably, costly and can take a couple mill (5m) order, without me having to break it into tiny chunks or find it 3pips away.
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