"Lot sizing: Lots should be sized so that 1 pip up or down will equal 1% account increase/decrease." So with one bad trade your account is down 30% (30 pip stoploss), and 2 bad trades in a row basically put you out of business? Besides, when you ...

Lot sizes available.

Yahoo and Hotmail email contacts, not even a real address, not regulated, "2-3 pips interbank spread on all majors". As "professional" as it gets What does this have to do with the topic at hand anyways..

THE ECN room.

I think a better way to enter the market immediatly is to use marketable limit-orders rather than market-orders. For example, say the ask-price is 1.4350 and you want to buy now at this price, you could enter a buy-limit order at 1.4351. This order ...

Slippage Study

vinnie: what kind of deposit and trading volume does fortis expect from its clients? I guess its rather big. Fortis is part of the consortium that bought Abn Amro IIRC.

Best withdrawal brokers?

dac: Ninja emailed me today if i want to betatest their MBT order-interface for FX. So you will be able to use Ninjatrader and your chosen broker eventually.

GAIN Capital

I logged in to my (still unfunded) account today to check out the new navigator version. Apparently they let you view the complete book now (not only the top 10 entries), and banks started to quote in fractional pips again.

MB Trading Futures - Introduction

I doubt they want to deal with individuals, thats why i said "stuck". You can get access through banks, but not without atleast a 7 figure deposit. I just wanted to point out that the FX options markets are a bit different to i.e. stocks, futures or ...

OptionsXpress has FX options!

Compared to tradeing options OTC on platforms like volbroker, you are stuck with it. Not saying you cant have success with exchange traded options, but in comparison to OTC you are at a disadvantage in terms of liquidity, fees, available maturites, ...

OptionsXpress has FX options!

10 years ago FX options used to be traded more on exchanges than they are now. Unfortunatly, nowadays the participants that matter (institutions & banks) trade the bulk of the volume OTC. For them it means cheaper transaction costs and more ...

OptionsXpress has FX options!

So, anyone trading on their new platform already?

MB Trading Futures - Introduction

DrFrankM: are you privvy to the situation and the persons involved? Where are your facts from? Everything Mr. Ryan Nettles and his fellow con-artists touch seems to result in clients loosing money. I predicted some months ago on this forum Finex ...

Finex - Beware

The Ask-Price, which is relevant in your scenario, probably did hit 45. I dont use MT4, but i suppose it uses bid-price charts.

Stopped out when your stop isn't hit.

The pip spread is not always low at EFX either. Max spread for cable on the NFP which just got released was 12, compared to Oandas 15. Of course, Oanda showed 15 for a few minutes whereas at EFX it was only for some ticks.

Oanda or Alpari?

That does depend entirely on the fine print, a lawyer would have to review the agreement to get a definite answer. A bankguarantee normaly is an irrevocable payment obligation for a specified timeframe. Also a bankguarntee isnt free.

Closed

You can trade odd amounts at IB too (>25k units), counterparties shown there are DB, Citi, ABN, JPM and the rest of the bunch. In the computerage, it doesnt really matter how many zeros a ticket has. I guess if IB or EFX produces enough volume to ...

Currenex platform broker with low deposit?

They dont have a dealing desk (do you really think all of the 200 to 300 thousand transactions they do per day go through human dealers?), but they are a marketmaker.

Oanda or Alpari?

I agree, USD accounts are a no go for me. First you get shafted by the absurd banks retail exchangerates (2-ways), then i get USDs that hit new lows every day. A hedge is not viable either with these swaprates, i would loose 3.45% p. a. (in terms of ...

MB Trading Futures - Introduction

I have recieved an email from EFX about the Omega features. In my opinion, the only thing that makes this platform standout in comparison to others is the Akamai routing (only talking about platform features). At the moment i have between 1.5 to 2 ...

MB Trading Futures - Introduction

Let me guess - was it saxo? When i was new to FX, i made the mistake on entering my real telephone number on their demo registration. Those people would call me like once per day at least.

Newbies, beware of over aggressive brokers

Im not saying its junk, its just not entirly clear how they compose their bars and that its important to know that if you want to conduct tests in very small timeframes.

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