I've traded live accounts with 10 brokers and I choose Darwinex and Global Prime. Very fast implementation spreads with commission. And they cover profits
I've traded live accounts with 10 brokers and I choose Darwinex and Global Prime. Very fast implementation spreads with commission. And they cover profits
Make your own research. Low spreads are viewed from brokers in Australia, Seychellen and Cyprus. Whatever could be the reason, I do not care. I do not recommend a broker, but I've a broker with average priced spreads and that's reachable by my countries laws.
Let's say you live in Europe and you want to trade FX. The largest FX market in Europe is currently in London. You decide to choose a Australian broker. Each time you start an order, your order will be routed to your broker and your brokers algorithm then decides what happens next. If they claim they are NDD ECN or whatever. They will get your own ping. So your order jumps from one host to another, until it is in Australia. Let's say your brokers algorithm forwards your order to their publiion or whatever market. Your broker needs current data of bid and ask prices available. Your broker receives these bid and ask from the MM, which are in London or NY. An information piece jumps from one host to another until it is at your broker. Happily your order and a particular bid or ask found collectively in Autralia and will probably be filled. Thy will be routed back to you. This occurs all in milliseconds.
In short: If you do not have to pay it with spread, commission or swap, you've got to pay it with something different. E.g. slippage, fraud, ... . The only reasonable argument for a broker to loot you less per transaction, is your trading volume. Attempt to succeed with an average priced broker, sitting on a trading volume that is strong, that and server center is reachable by your states laws.
BRS
Haven't heard some names of these brokers. Thank you everyone. Will take a look at about them. The response is one of the most enlightening. Always felt like there is some trade off and also also the order sequence is greaatly there, pretty great. When there is a substantial tradeoff after find out more about these brokers (min residue, pairs...) than stay with FXCM, OANDA also it will look low spreads come from Australia. As it begins there even might be the timing of the trade. Who knows? May be it starts there and than orders are rerouted as you mentioned and spreads kind of traveling between NYC, London. OANDA has been great to me as described and if some of your friends open/upgrade account there can refer as get exclusive advertising with them.Originally Posted by ;
Best Wishes for 2017 and not just for this year. Will be lol. More generous than brokers for certain.
I trade with them for years and there were not many issues with them. With pepperstone no problem at all. IC markets had host breakdown after (it was external problem) and during whole week there had been lot of disconnections, so I've stopped trading with them until they'd repaired it. During 2 and half year there were also about 10 random disconnections that continue 1-10 minutes. I say random, because I have not had any places, so broker have not tried to make trading difficult. So pepperstone is stable, but ic markets has marginally better spreads. There aren't any implementation flaws, stop loss searching along with other tricks, only brokers. Don't listen to this bullshit about ping since they have servers in London and NY. Happy New Year and profitable tradingOriginally Posted by ;
Hey guys, I wonder just how can you get around leverage limitation imposed by FCA and CySEC brokers? Switched to other that provide high leverage or resign yourself to reduced profits?
Thank you. Might end up with staying OANDA, FXCM broker for markets and Pepperstone. We are not currently gonna understand order and technical routines in one or two emails. The spikes occur with every broker right? Hope you guys recommend some thing not cause of special affiliation with them. Recommended IB, OANDA, when they gave me no promos and currently someone and they get $200 bonus or more.Originally Posted by ;
On the leverage, a few folks do certain brokerage enrolled somewhere else offshore to get higher leverage. Don't do it or suggest. Non-offshore brokers have European, Asian, Oceanian and Canada divisions offering CFD unlike in US and 1:100 and margin. You can possess US account or account such as with rules where you reside, based.
Spikes occur time generally as a result of big orders which establish bunch of stop orders and because of low liquidity or if there is high impact data launch. Brokers can not do anything with this if they offer market conditions. I'm not IB of any broker, moreover to gain as IB you must use link and register account with that link.Originally Posted by ;
I'm currently trading with only two brokers, so I can not come up with 3 lists. Anyway, I'll state Octafx is pretty good if you would like news/scalping, as their pretty is low (not fixed) but stays that way to certain levels during good news. I also trade with Exness and feel alright, but what I really hate about them is that, they assert offering spreads like 0.1 pips and these, but NEVER have I noticed the spread below 1 pip which frequently makes me feel frued, but I'm fine with it.Originally Posted by ;
IG is fine if it's possible to live with min. Cease distance, which dramatically expands throughout news events and lot as dimensions. Apart from both of these things, I really had a fantastic experience together.Originally Posted by ;
I did not start with Dukascopy since they claim they forward only your transaction into a third party exchange. So far as I know, them selves own the third party exchange. I do not understand a non Dukascopy affilate that's on this market. They have beauty competitions trading competitions and a platform, that's stated by others to be lagging. All these are the reasons I do not trust them.