1. Yes 2. Standard accounts have a marked up spread and no commissions (ie, the quotes will be a bit wider between the bid and ask, but when you execute there is no additional charge.) While Razor has a thinner spread but charges a commission. This ...

Pepperstone Forex

Firstly, this question is very subjective since it really depends on your trade plan, and the historical performance of your plan when playing with TP levels. However, speaking very generically (and this does not apply to just anyone's plan, do take ...

Adjusting T/P

The commissions look really expensive... $20 per RLT?

Which broker is best for news time trading?

I think he just set his custom user title to "Commercial Member", as regular commercial members are restricted to the commercial forum and can't post here. Hanover provides a lot of free code for MetaTrader, and often helps out people asking ...

How much do you make?

I wish! LOL That would be sweet. But then I'd be a commercial member and I couldn't help people in this thread, my thread on trading psychology, or various other places I've stuck my head around these parts. I'd rather stick with the community. ...

Pepperstone Forex

Yup, not to mention how shady things get with fake votes.

Best Broker for 2012?

Right now it's the same price structure as Razor. When I asked about this a while ago they told me it would likely stay the same.

Pepperstone Forex

Neah, it's a plugin for MT4 that extends MT4's features. It acts as an EA that paints the one-click trading buttons and DOM right on the chart space. I haven't heard anything new about MT5 yet.

Pepperstone Forex

Since spreads are variable, taking a single snapshot isn't an accurate representation. For instance, your screen shot might capture EUR/USD at 0.5 pips but that's not going to show that the average spread over 80k+ ticks was 0.39 pips on my last ...

Pepperstone Forex

..think he was just pulling your chain dude

Fake ECN - Old Tricks?

FXDD administers your account and acts as a whitelabel partner of Dukascopy. Through this, US traders can get JForex/SWFX/Dukas' while FXDD does all the compliance stuff in the background. I'm also to understand that Alpari offers the same ...

Fake ECN - Old Tricks?

I was holding off responding to this just yet since recently I noticed some changes with Edge liquidity and spreads and wanted to dig a bit deeper. When I wrote about Edge before, I mentioned they planned on making more improvements before and after ...

Pepperstone Forex

Sometimes you can take out a pipette (0.1 pips) with just a few hundred thousand (on a single trading venue, not market wide) during lower liquidity times... but in general, you need a few million to make a dent on your own, and even then we're ...

At What Point Are You No Longer the "Fly on the Back of the Elephant"

HotSpot does have a no-last look feature. I've seen a few brokers use it in their HotSpot offering. But yes, as you said, they still have it as an option, so some HotSpot setups might have last look unless stated otherwise. All depends on which ...

Fake ECN - Old Tricks?

Were the quotes off market price? I've been hearing "True ECN" all over the net for the last few months. It's becoming a marketing term by some brokers, and by their actions the term is being diluted.... just as "ECN" was diluted before the "true" ...

Fake ECN - Old Tricks?

Could someone explain the logic where a broker having technical issues causing them to reject trades for a period of time automatically invalidates their "ECN" status? Let's be fair here.

Fake ECN - Old Tricks?

It's not released yet. It will be a feature of Edge when Edge is released. I have no idea if they'll be offering a DOM for standard accounts... The one click trading and order management features make me think it would be worth having on standard ...

Pepperstone Forex

The undertones of this thread..just wow. Think it struck a chord with a few people.

I finally quit my day job!

It's a new account that will eventually replace Razor. It's done in house, without using Integral's ECN grid, and connects directly to the banks/LPs. It will still use MT4, and will gain a few new platform features through a plugin to the platform.

Pepperstone Forex

Of the many thoughts on Edge, a few of them are premature and require seeing the exact state to which it launches, so I won't cover them now, but others I'll go over. (Disclaimer: I've been playing with Edge for a while now, so this comes from my ...

Pepperstone Forex