I don't trade via MT4 so I can't comment. Though I can't imagine the ECNs which have launched their own MT4 offerings are up to any trickery. Indeed, though while on the topic, I'm curious how they intend to bridge with Hotspot for retail traders ...

CitiFX

Not surprised, since their US outfit wasn't legal without NFA registration. Still, $975 a month? I don't see the purpose in disguising a commission model as a monthly fee, just use an upfront commission model like every other ECN. I'm guessing the ...

CitiFX

Trade the DX futures directly at ICE, use any ICE-supporting broker like InteractiveBrokers. Use any MT4 demo for charting.

Genuine Broker offering USDX?

That's unbelievable.. "swap rates not public", what a dog & pony show this broker is.. Do not walk, run!

FinFX opinions

Shrike is correct, it doesn't matter, they need to be regulated if they're accepting US clients.

CitiFX

I'm surprised CollectiveFX wasn't one of the shops recently sued by the CFTC. These guys could not be more shady - no NFA registration, no names, no address, and pretty much a blank homepage right now. On top of all of this, they had a bizarre ...

CitiFX

All of the fractional spread savings at Oanda go completely out the window the moment one of these instances hits. What's preposterous is that they claim these spread widenings are due to 'market conditions'. Meanwhile, the interbank market (as ...

OANDA Discussion

The result was that clients' accounts collectively were overstated by about £1.8m higher than the true balances, he says. "This effectively geared the trading so all the accounts were over trading so any losses were exaggerated." If you find your ...

LIVE Traders - LCG -London Capital Group FX

Some, but not all, go about things a little differently on this side of the pond Man Sues Bank of America for $1.7 Billion Trillion

Class Action Lawsuit Against FXCM

You got it.

MetaTrader 4 Server Files

My sentiments exactly, and they did have memory leakage issues. I'm hoping they offer an alternative platform, otherwise I'll never take them seriously.

NY Close vs GMT Close

Possibly the case, happens all the time in the equity ECN space. Price simply paused at the level of your order range and then pierced thru in a continuation move. It might look odd on the chart, but was without a doubt a mere coincidence.

MB Trading's forex announcement next week -just hype or possible game changer?

Interesting, I didn't catch him mentioning that. I was under the impression the LPs are just "displaying" liquidity in MBT's book, any orders against that liquidity are routed externally to the LP for execution (this latter part was confirmed by ...

MB Trading's forex announcement next week -just hype or possible game changer?

Congratulations on being sued by the CFTC! http://www.cftc.gov/PressRoom/Press.../pr5974-11.html

inovaTrade Broker Discussion

Good point. I'm also curious who is paying the fee if an LP fills the order (which I imagine will be the case the vast majority of the time, i.e. market trades-thru and LP fills). Assuming the LP pays the fee, did MBT manage to get all of their LPs ...

MB Trading's forex announcement next week -just hype or possible game changer?

Not if another trader fills your resting limit order. Yes, it certainly won't happen most of the time, but it will theoretically happen some of the time.

MB Trading's forex announcement next week -just hype or possible game changer?

If you're a price maker 0.1 away from the market, it could actually be less than 0.4 r/t. If you're willing to sit 0.1 on top of the bid (or 0.1 below the ask) and wait for a fill, you're effectively earning the spread and being paid the rebate. I ...

MB Trading's forex announcement next week -just hype or possible game changer?

Thanks. If the previous example is too convoluted, it could be something as simple as a flag which rejects/holds limit-orders if they're not adding liquidity (like an order checkbox for 'add-liquidity only').

MB Trading Futures - Introduction

Incredible news! Game changer for sure! Here I was about to switch ECNs to save a pittance on commissions, now I stand to make thousands as a predominantly limit-order trader. Thank you MBT! Justin, In light of this news, if I could make an urgent ...

MB Trading Futures - Introduction

Also - CME FX Futures (free), FXCM ActiveTrader, any institutional platform (FXall, Hotspot, EBS, etc).

Other than MBT, IB, and Duka, where can I see level 2 data?