Depending on the contract, using only a single source is not a good idea. For example with options, it can potentially matter a lot of a the fix is 10 pips higher or lower, and the banks themselfs might have a vested interest in the outcome. Thats ...

Official Fixing Rates - which ones can be used?

Sending money to St. Vincent and the Grenadines, or to Baku, Azerbaijan - bright idea, isnt it..

Octafx has tightest spreads

I know this from another firm, they do not reimburse hypthetical exits - but they do reimburse not executed orders (like stops and targets during an outage). I assume pepper is the same. There is no way to know what you would have done - boght the ...

Pepperstone Forex

In the derivatives space WM/Reuters fixings are widely used. Also available on Bloomberg. Don't expect to get anything for free. Every bank publishes their own fixings, there are free fx rates from brokers and so on, but if you want something ...

Official Fixing Rates - which ones can be used?

Futures on the CME is the only one i know, even EBS is on half pips on most pairs nowadays. But low spread ecn and full pip pricing is mutually exclusive anyways. 1 pip is not a low spread in eur/usd anymore (on ecns).

4 digit ECN or Low Spread Broker!

No idea, i don't think its operational yet or what level of sell-side support they will be able to get.

LMAX = revolution?!?

Lmax doesn't charge a fee for withdrawls with bank transfers. Not sure about creditcards, but i assume that the card company has some fees on that.

Do all brokers charge for withdrawals?

Yes, it will be completely seperate from the current platform.

LMAX = revolution?!?

Apparently they are planning some sort of interdealer trading platform, in addition to what they have now. RaboBank will be acting as CCP for that, and it seems they will target manual institutional traders, since high frequency trading is not ...

LMAX = revolution?!?

No, this one is included out of the box.

LMAX = revolution?!?

The standard fxcm one. Works ok for what i do.

LMAX = revolution?!?

I use SierraChart at the moment.

LMAX = revolution?!?

torro: I have been using them for quite some time now. Very reliable, and very good transaction costs(spread+commission). I am on the web-platform - can't vouch for their MT4, i have never used it. I think there are higher commissions on MT4 too. I ...

LMAX = revolution?!?

Doesnt matter, your account will be directly at LMax, and you send the money to lmax (not to fxmtf), just like if you would open an account with them on the lmax website. The only difference is that they get an introducing fee (i suppose) and you ...

LMAX = revolution?!?

You can open a lmax account through fxmtf.com - its just an IB and you will get the $20/mil fees without commiting to monthly volume. Same thing as lmax, just lower fees.

LMAX = revolution?!?

Apparently a broker needs a ff banner to stay in the non-commercial area? BTW, there was a management buyout at LMax, current management now holds 66%, Betfair 33%. The 66% stake did cost 2.4mm - thats nothing, a very small fraction of development ...

LMAX = revolution?!?

Why would the spread be slightly worse, when they ADD an Lp to the lmax feed. Doesnt add up.

Armada Markets is different from LMAX!

Yes, its AML for sure. They even had to stop their physical ccy delivery and payment service. Guessing you need a banking license for this stuff.

OANDA Discussion

Does Armada now have additional liquidity from Citi, like someone previously said in this thread, or is it 1:1 LMax prices?

LMAX = revolution?!?

Marketmakers are not matched against each other - only marketmaker to client and client to client orders are matched.

LMAX = revolution?!?