I added emphasis to "try", since it won't be easy entering at the same level on both platforms, given the average spreads in MT4. Tell that to all of the professional traders who use EBS, Currenex, Lava, HotSpot, eSpeed, FXall, IB, Duka, TDFX, etc.

MT4 Brokers' Virtual Dealer Plug-In

~$40 for 1mio. GBP/USD. $20 per USD $1mio traded. The US division of HotSpotFX is the only ECN broker that I'm aware of that charges the same amount regardless of base currency ($30 per 1mio. bcu = ~$15 for 1mio. GBP/USD).

Interactive Broker commissions

That's only for stocks, not for forex. The overnight interest rates are actually very competitive.

Interactive Broker commissions

Awesome Actually, the DailyFX guy was stopped out at 106.86 last week, which probably means this will rally straight to 112 without looking back.

CAD/JPY

Some threads of interest.. url url

Advice needed, bright future at stake

Nice charts. On the monthly, you might want to pick up the significant rising trendline off of the 4/1995 low (connecting at 1/2005). We had a break through this trendline back in mid-Jan and have yet to close back above it.

USD/JPY Discussion

You've got it backwards.. It has been estimated by Greenwich Associates of London, that over 95 percent of each day's volume is due to speculation by large banks, multinational corporations, financial cartels, global money managers, registered ...

how to use macd

Yet further proof that one has to be insane to trade with a dealing desk broker. I sincerely hope the CFTC steps in and shuts them all down (those under its jurisdiction). ECNs and FX futures, what more do you need?

MT4 Brokers' Virtual Dealer Plug-In

It has more to do with securities regulation than taxation. If taxation were the sole reason, why would US citizens be allowed to open overseas FX trading accounts? It's not like FX gains are reported..

Why are US clients banned?

How much leverage do they allow in the contest? FX Solutions offers up to 300 or 400:1 (which is ludicrous..), but if that's allowed in the contest, then this is simple odds. With thousands of entrants, most of whom are probably using full leverage ...

How do they get these returns

UJ fought long and hard to reclaim the '95 trendline yesterday, unless it breaks above, it still favors the Mad Max scenario. CJ smacked right into the resistance line drawn off the 125 and 116 highs. It'll break it, but I like it on weakness in ...

CAD/JPY

Interesting.. So any limit order placed into their system within 10 pips of the market can't be edited or canceled? I take it this is perhaps to help reduce bandwidth and/or deter multi-ECN scalpers/arb'ers, but I would find it very difficult ...

MB Trading really an ECN?

You might want to send a PM to Twee, he runs the show now. This thread and the Viking Trader thread are probably walking a fine line on the no-advertising rule, but as long as your intention is strictly to inform (and not to solicit), then I imagine ...

Institutional Spreads Available on MT4

Though not surprising, considering that time zone adjustment is a basic feature of every charting package on the market, except for MT4..

metatrader time

Justin, Is there any chance MBT/EFX could lower their commissions to be more competitive with IB, Dukascopy, and HotSpot? What about offering a second tier of service maybe for minimum order sizes of $100k and above?

MB Trading really an ECN?

BostonForex, Why no mention of this on GAIN's website? I see you mentioned this back in Dec, but not a peep out of you or them since about it. Why the delay? RCG/TradeView already has the leg up, and FXCM is right behind them.

Institutional Spreads Available on MT4

I use WaterHouse Capital, TradeViewForex, FXDD, & NorthFinance demos for charting. Data-wise, they are the best 4 out of all MT4 brokers (and I've tried them all). Unfortunately, each one has drawbacks. IMO, there are basically 2 factors that are ...

Which MT4 platform you recommend for accurate rates and technical analysis?

500:1? I hope anyone attempting to use any leverage beyond 1:1 has a strong grounding in mathematics. At 500:1, a 0.2% move against you results in a 100% loss of account equity, i.e. total blowup. A 0.2% move in EUR/USD is 29 pips. Heck, a 1 pip ...

400:1 500:1 leverage

From my experience, it happens more often in stocks and futures, where it's easier for a few larger players to control the show. When the true breakout comes, most likely it will be news/equity-driven. That was one of the clues last Friday, there ...

USD/JPY Discussion

It tried to show us the direction last week, when it had headfake breaks in both directions (in the same day). Both were great fades for 100 pips or more. I would fade any breaks unless we get a solid close outside for a couple days. The whole ...

USD/JPY Discussion