Thread: Difference between ECN and retail broker?

This is a fascinating pdf compiled from advice by Forex Facts that provides the advantages and disadvantages of ECNs and retail brokers that brings out several unidentified techniques in Forex trading.
https://www.forexsoutheast.asia/atta...7166856948.pdf

Originally Posted by ;

The correlation between quantity of articles and forex encounter is?

The correlation between enrollment date and forex encounter is?

Wait a minute. I don't have 50 posts. I guess I make a lot of useless no-content answers like a while, or should keep my mouth shut. Rules are rules I guess... (Although somebody posting hyperlinks to providers which were requested by the individual that opened the thread does not appear to apply here).

Nothing personal Akuma - I love following your own threads. Me just irritate.

I have to some things agree on this one. If a few asks what are a few novels.
I figure untill we've got 50 post well tell her afterward. Lol

No worries rules are rules but I believe they can certainly see if some one is boosting content (SPAM)

only my 2cents


turbo

1 Attachment(s)

Originally Posted by ;

This is a fascinating pdf compiled from advice by Forex Facts that gives the pros and cons of ECNs and retail brokers that brings several unknown practices in Forex trading.

Qouted from the pdf attached documents from Richx7
Great to listen to some critics eventually. However, what I don't know is why do Dukascopy need to spike 75 pips since they don't trade. They just pass the trade to Interbank and earn on the commision they charge you. Can you explain ?

When trading FX with banks, do some banks allow for hedging without reduction to margin?

Anyone have a listing of links to great banks for FX trading?

The article was written in 2004 as much as I understood and Dukascopy platform was updated so many times ever since. After realising the issue that the system was immediatly changed and updated. Now the platform does not have this type of problem and more we do not trade against clients. The spread that Dukascopy has is very tight it's often 0 sometimes you could ch a negative spread. Please go to the site of Dukascopy and discover more about the platform now, you might even use for a DEMO account and you'll observe that the platform is really so much better.

Originally Posted by ;

Qouted in the pdf attached files from Richx7
Good to listen to some critics eventually. However, what I do not know is why do Dukascopy need to spike 75 pips as they do not trade. They just pass the trade to Interbank and earn on the commision they bill you. Can you explain ?

The article was written in 2004 as much as I knew and Dukascopy platform has been upgraded regulary whenever we obtained justified complains. After realising the problem the system has been immediatly changed and upgraded. Now the platform doesn't have this type of difficulty and please notice ! ! We do not trade against customers ! ! . At the workplace we have the minimal number of workers only to close customer's position on petition when they call. Please see our Dukascopy site and discover more about the new platform. Just submit an appliion for a DEMO account and you'll see how accurate your order is implemented relative to the click of the mouse. To narrow the spreads, our service is mostly automated electronically with less workers. You are advised to to your contact individual or IB's for your own questions.

So does dukascopy need the 25% security deposit (or any security deposit) as stated in that previous post?

Originally Posted by ;

thus does dukascopy require the 25% security deposit (or some other collateral deposit) as stated in this previous post?

With Dukascopy you can trade until there is insufficient money to open a position. There is absolutely no such saying as collateral deposit with us.

I just received an email from FXCM promoting their new division. It is called PropFX and is supposed to be designed for professional traders. The minimum account is $10,000. They say that this new platform has no coping desk and no fixed spreads, and no guaranteed stop loss (don't like this), best bid and ask from 10 banks, two to 3 pip spreads on majors the majority of the time, etc.. . It seems suspiciously like an ecn (sort of).

Frankly, I just do not anticipate FXCM.

Makes you wonder if they've noticed how much business they're losing to other brokers.

ECNs are true market, Market Makers Aren't