There is a big deal being made out of trading with an ECN broker in almost every forum and it's seen as the next step up. I have looked into it and found it to be nothing of the kind. The kind of slippage you get with an ECN at times of volatility, ...

Broker Recommendation PLEASE!

Read my lips. This is what I posted on another similar thread: You are on the right track. It's called having an edge.That's the way to make money !! The 5 per cent of traders who are consistently profitable are a majority of arbitrageurs and ...

How to profit from your broker

You are on the right track. It's called having an edge.That's the way to make money !! The 5 per cent of traders who are consistently profitable are a majority of arbitrageurs and scalpers. All others with all their fancy systems and other Technical ...

Profiting from Broker Quotes

forex.com and EFX — I just wonder what is their relationship with EFX because when I downloaded their new platform it downloaded from efxnow. Could it be that they have linked up with the EFX feed? If so, then their variable spread platform ...

Forex.com

I have downloaded the platform and using a live account I have not seen any of the new spreads yet.

Forex.com

I have an account with forex.com that I don't use that much and I can't see the new spreads. Do you have to request it? I'm thinking may be I'm still on the old fixed spreads.

Forex.com

Mr. demark, I like your post and you have asked very good and pertinent questions. Mrmikal you have provided an excellent reply and explanation. We are all trading the forex for speculative purposes and we each have to find an edge and trade that ...

brokers exploiting

I used a straddle for first wave trade to enter long GBP at 1.9984 and exited on initial spike at 1.99. Then entered again on the retrace at 1.9984 but exited for only a few pips profit. I realise that I did not play this second wave trade very well ...

How Did You Trade the NFP?

If you read my post above, I did not say that the move was caused by straddlers but rather that short straddles that were too close to price action got filled in the initial move down and therefore made a loss. Going back to my original thought, the ...

NFP news not as relevant?

Why didnt you get in when you noticed that one of your broker's price was lagging? Although it could be that they stopped their server during news and thats why the price was not moving?

Profiting from Broker Quotes

Just like Refco, the biggest broker of them all? In the end, you can never be guaranteed safe return of your money from any broker, regulated or not.

Anybody know anyting about northfinance.com broker?

The plot thickens. :surprised And some people still wonder why forex brokers have a bad image.

250 pips slippage on Currenex - ODL Securities

Thanks for the info, Moe. I just like to keep a shortlist of metatrader brokers where I could one day potentially open another new account. The margin required at ODL is a bit steep but I see that they pay interest on account balances so that could ...

MT4 favorite Brokers - as low as 1 Pip spreads

Do they have variable or fixed spreads? If variable, how much do they widen spreads? Are you using their basic metatrader 4 platform?

MT4 favorite Brokers - as low as 1 Pip spreads

Go tell that to the banks and the brokers because this is exactly what they do day in day out. But they are skillful at making it look legitimate. Arbitrage plays happen in almost all markets not just forex. You can either choose to be righteous and ...

clearinghouse arbitrage

If a market order is like Merlin says "I want to be filled at the next best price, any price' then why are you having perfectly legit trades which fall within that ambit taken away from you? Or does it fall within the definition of a market order ...

Market orders + News trades = ?

What you are doing is called Arbitrage and it's a technique that's been around for a long time. Nothing new. Some people may call it shady, but I call it skill. The market is all shady anyway so why not take advantage. If you use an arbitrage play, ...

clearinghouse arbitrage

Depending on the news, from my experience entry at 10 pips away from price is sometimes too far. It's certainly too far away for german IFO news which is not a big market mover and even for UK GDP. Just look at the charts that BK post for each ...

Burger Straddle Script

It's easy for some to be philosophical when someone else's money is involved and not their own. But don't you have any avenues of appeal regarding this situation, if even reporting this case to the NFA? Is ODL 100 per cent within their legal ...

250 pips slippage on Currenex - ODL Securities