Anyone traded propfx live?

NickBarings · Oct 31, 2006

Currenex is not a real ECN ;

banks on the platform have no obligation to fill you

FXCM DOES widen the spread

Take it from who has been around the
block a few times.

Like Danger66 says "THE WILD WEST"

RedDuke · Oct 31, 2006

Quote from NickBarings:

Currenex is not a real ECN ;

banks on the platform have no obligation to fill you

FXCM DOES widen the spread

Take it from who has been around the
block a few times.

Like Danger66 says "THE WILD WEST"

I second this. All forex MMs play with spread and shade prices in this virtual wild west called retail forex trading.

Trade with CME currency futures or wait until FXMarketSpace opens.

danger66 · Oct 31, 2006

"Trade with CME currency futures or wait until FXMarketSpace opens."

Easier said than done, RedDuke. I'm an impatient guy, so I need to take advantage of what's out there now.

RedDuke · Oct 31, 2006

Quote from danger66:

"Trade with CME currency futures or wait until FXMarketSpace opens."

Easier said than done, RedDuke. I'm an impatient guy, so I need to take advantage of what's out there now.

So CME futures are the tool for now.

danger66 · Oct 31, 2006

RedDuke, I'm sure that the CME futures route is the way to go for many traders, but not for us. I fund traders by providing them with access to investor capital. I wouldn't be able to do the same thing with futures. I would need to register with the NFA and drown in legal and regulatory BS. I'm not ready for that now. I guess it depends on the needs of the particular trader or firm.