fxopen ecn is probably your best bet, but remember, any legit ecn, will not let you trade under 100k quantity. Dangerous on ECN with 1k, and i would suggest not doing it.

ECN Broker with Spreads on E/J under 2Pips, Leverage 1:200, Minimum Deposit $1000

spread increase.

Could someone explain this to me!??

I think there is agreements with interactive brokers etc for this as well as CMC? These are under adviser accounts i believe. You may want to give them a call and see if they can cater to you. You will find any responsible entity will require you to ...

Broker for money managers

Having worked for a market maker, I tell you now that there is only 1/4 of the facts given to the public. Lets just say that brokers aren't as criminal as first believed. You will find that they are actually more honest than not. BUT things need to ...

Brokers Scams Who delete you profits

Red lines are obvious support and resistance levels. There is a bubble where i would look at going long. Did you want me to execute the trade for you at the same time?

No Brainer Trades

2 options on the aud. I'm looking at the first option, only 2 co-insiding factors to long. 3 for the 2nd option, but its quite far from the current market. Let me know what you think

No Brainer Trades

Currenex is an ECN network that was once one of the biggest spot fx networks around. It currently has been over taken by a few other ECN networks who use currenex network for extra liquidity. The broker Currenex is a dealer on the currenex network. ...

What is Currenex?

Currenex feed does not = currenex execution or spreads. Micros and minis? On an ECN feed? Do you comprehend what you are saying? I chose not to even look at them due to the guy on the phone, I have no experience in trading with them. But I know the ...

First Australian MT4 broker?

They have any always will be the biggest scumbags on the retail fx scene. No dealing desk? Yeh right, and I'm Tom Cruise. Anyone who works for interbankfx as a dealer or higher deserves to be bent over a stone and lashed for being so filthy at ...

IBFX Fined By The NFA Today -- No Surprise

You will find that the tricks played by brokers will only really effect 2 types of trades. 1) A large order that is floating negative close to stop or 2) a position that the majority have taken, which has a tight stop/margin call. They will hunt ...

First Australian MT4 broker?

Theres always OTC liquidity to cover that stuff. But you'll find that most brokers dont even enter the liquidity market for any orders. They just trade on their side and use the profit to cover their winning traders (or boot them off) and the rest ...

How are large trades filled?

If you are looking to sell 1 billion cad, you find someone who wants to buy the same amount. If there isnt 1 person willing to fill that order, you have to find more than one. Thats what liquidity networks etc are for.

How are large trades filled?

Given the fact its report season and technicals are playing very little part in the market right now, I wouldn't be in the market until a clean move starts to appear. It has not started to appear.

Cable Update (GBPUSD)

You show a valid point about managing funds. But the idea of being a trader is being filthy rich and having the lifestyle to match. working for others doesn't promote this. It infact pulls you back, down. You work for others, you have to consider ...

After you are profitable - Now what?

You trade prop, are you trading the tape? Are you expected to do X deals per month in order to keep the companies comission lower? You require to make good returns on small capital in the market for the job to be actually worth the stress that its ...

After you are profitable - Now what?

If you are sitting comfy on 5k a month and not exceeding that.. YOU'RE DOING IT WRONG... Thats not a business, a business never takes everything it makes out of itself. It always stashes aside for growth and or a rainy day. So start compounding even ...

After you are profitable - Now what?

I'm on 2 ECNs, the only one i will mention is fxopens ECN, the last few london breakouts ive traded on g/u were .5 and before that 1.5.

0400-0700 GMT Breakout Strategy

if you have 10000 people trading 1x100k lot each and they are all following you, and you are all connected to the real market, you will get smashed cos no one will have the liquidity to fill the orders of everyone, slippage will become a common ...

Imagine impossible....

My spread on g/u gets as low as .5pip, i dont see the significance of the number 7 either. I dno, I must be looking at different charts. The fact of the matter is, you are going to win some you are going to lose some. as long as you come out on top. ...

0400-0700 GMT Breakout Strategy

I think that the trailing stop is an element of greed "I could have taken 300 pips if i had a trailing stop"... Easier to just get in and out. The breakouts occur due to a form of stop hunting by market makers, not because thats a new trend. Best to ...

0400-0700 GMT Breakout Strategy