Scalper looking for a private MT4 broker
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Thread: Scalper looking for a private MT4 broker

  1. #1
    I dont need to start my own. Looking for low commissions on major FX pair.
    Now I compensated for example $4000 on commission.

  2. #2
    If you're lover of cTrader ( I am ) , then I will suggest ECN ICMarkets account for the best execution and you can automate your egy.

  3. #3
    Quote Originally Posted by ;
    Now I paid for example $4000 on commission.
    What currency pair(s) did you trade today? And on what volume?

  4. #4

  5. #5
    You can start your own broker with as small as 20K and it's possible to be connected to your liquidity provider. . .Since you are trading large volumes I am assuming that you've got trading funds. . .Anyways, it could be far better for you instead of going to retail brokers and dealing with their shit, silly commissions or mark-ups. .You can only go to the liquidity provider and get the raw spread/fast execution (scalper's fantasy).

  6. #6
    If you've got finance . .go for Saxo.FILE or Dukascopy_1_EXTENSION funding problem then Fxopen

  7. #7
    Hi Extreme_One,

    Not certain if you're manually trading or algo trading, but if it is manual then I might suggest to look at CMC Markets. I find them best regarding manual implementation platforms with very good liquidity and spreads (along with your volume you'll receive good refunds too). Worth suppose. .

  8. #8
    How good CMC MARKETS? SBC could you please advice?

  9. #9
    Nicely for automated trading you wont prefer them as they have their own platform to trade ( click and commerce kind of ). .

    But look at their spreads on majors along with also the touch quantity in the best bid/ask is ~3-4 mio ,so literally you are likely to receive 1-1.4 pips including commissions for most of the majors with great quantity. The two things which are important for scalper are dispersed(including commission ) and touch quantity with no slippage (it is possible to specify just how much slippage on market order you want. . I prefer 0 so it becomes fill or kill ). Second, fully controlled across the globe so no difficulties with withdrawals (at-least so far)

    These are my two cents but of-course everyone has their own preference.

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