Ditto.

Currenex platform broker with low deposit?

The 2 pip spread on EURUSD and 4 pips on USDJPY sound like FXCM. See the screenshot on my earlier post. You are right, Currenex has the potential to be rigged. Then there's the whole issue with the last look provision designed to give the liquidity ...

Currenex platform broker with low deposit?

"FXCM's is the only firm that runs their Currenex through their dealing desk." I'm paraphrasing, but that's what a Currenex insider told me once about FXCM's Currenex. While there is some rigging going on on every Currenex hub to some degree, this ...

Currenex platform broker with low deposit?

If you want to trade news [and I have nothing against it because we do it using a proprietary algorithmic system connected to various news feeds - still in Beta], you really need to go to use an aggregated liquidity solution. Even if you go with a ...

Currenex platform broker with low deposit?

Just ordered it for my wife Sandra. Maybe now we can retire. LoL.

Linuxtroll Simple Scalping

Is it ready yet? LT, I'm waiting for this version to train my wife; but I still won't forget your offer to have your wife train mine when you visit Miami! LoL!

Linuxtroll Simple Scalping

Yes; I would do the same. Why risk it? When the capital requirements go into effect and it's official, you should have a better idea where you want to be at. We're not setting any accounts up unless the broker is well within the expected ...

Considering the new Net Capital Requirements Legislation when opening an account

It's called marketing 101 in America; but I agree with you.

Scalping with Forex.com?

philmcgrew; What you're saying is true from a price perspective. By definition, a limit order can't be filled at a price that's worse than the limit price. But I was referring to slippage from the point of view of time delay and the resulting lost ...

Scalping with Forex.com?

There's no such thing as no slippage. There is always slippage, especially when you're manually trading. Add a dealing desk model to that and the slippage increases. They might be quoting the best, best, case scenario. It's a marketing gimmick to ...

Scalping with Forex.com?

Really?

Scalping with Forex.com?

I took this screenshot off BGC's Currenex around 10:20 AM New York time today. The GBPJPY spread varies all over the place, but is usually between 1 to 3 pips during active market hours.

GBPJPY spread

KGB; the allocator is also working on an "internal hub" that will have commissions similar to what brokerage firms pay; much lower than the CAX - but that's not ready yet (so we'll use the CAX in the meantime) and will only be available to traders ...

GBPJPY spread

Yes, KGB. It's the CAX through vCap. We have an allocator that funds our traders with substantial capital. Maybe that's why they allowed us to do that while some traders get tested. Not sure. Do you trade for others or just yourself?

GBPJPY spread

Yup; that is a pretty brief response. I've never use that platform, as we always tap into their Currenex hub. the 7 dollars and 0-1 wide may mean $35 per million US traded per side (how Currenex commissions are quoted) or $70 per million US traded ...

Peregrine Financial Group, Inc.

No; but if they did, I would run the other way as fast as possible because there can't be such a thing. In the past, a few brokerage firms claimed this even though it wasn't really true. I'm not even sure it's possible anymore after the NFA started ...

Going Live - Need Reliable Online Broker Can You help

Yes; it's true. Even though I don't think this should be a big reason to reject to reject a broker. Agree with the first two, but not with the last two unless you're trading with a much longer discretionary style. The more frequently you trade, ...

Going Live - Need Reliable Online Broker Can You help

BK, one thing that I forgot to mention is that once you have around $150,000 in your account (and pardon me if you already do - I just don't know), you'll be able to use an aggregated hub of institutional liquidity via FCStone. We are in the process ...

GBPJPY spread

If you try scalping with forex.com, get the Vaseline ready - cuz they ain't going to use any on you! LoL

GBPJPY spread

BurgerKing, the answer to your question also depends on the size of your account. MB / EFX is good because they give the little guy the ability to trade on an ECN, but you'll pay the highest commission in the industry for an ECN-type product. If ...

GBPJPY spread