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Best Ninjatrader Supported FOREX Broker
- Thread starter Unhommefou
- Start date
Amp is just another broker... You need to route through a cftc/nfa registered clearing firm.
Quote from cstfx:
Amp Forex with Ninja FX is just a rebranding of Forex.com. Read about the functionality of Forex.com to make your decision. Having Ninja as a front end is not going to make it any more functional or give you better executions since you sill have to go thru Forx.com system.
As to Mirus, their NinjaFx used to be for HotspotFXr before that was sold to FXCM. It appears the only fx offering that Mirus has is white label of GFT, which does not connect with the Ninja front end.
I've been able to get much much higher leverage through clearing firms in the past when I was trading options. Options is a real headache and I know prefer charting and taking a trade each day looking for 55 pips, risking 35. I think if you take your leverage higher than 35% you won't survive long unless you are 100% accurate in your trades. Money management is simple math. 20:1 is a bit low but for a larger account is more than you would want to take. For a small account 1:50 even with 1:5:1 reward:risk and 70% winning trades is dangerous.. 20:1 though, if you have a good system you will be a millionaire in no time at that rate...
Quote from cstfx:
They will only give you 20:1 thru their JPM prime. I tried to get more but no can do.
has anyone tried www.citifxpro.com ?
has automated trading, 50-1 margin 2pips spread on eurusd. Though powered by saxo bank does not inspire confidence.
has automated trading, 50-1 margin 2pips spread on eurusd. Though powered by saxo bank does not inspire confidence.
mf global
Vcap Futures has a lot of forex options........Paul @ Vcap is a good person to talk to if you have Forex questions.
http://vcapfx.com/
http://vcapfx.com/
Quote from MoreYummy:
How much commission do you pay to Advantage on forex, and its spread on majors?
20/mill with spreads similar to IB/Dukas/MBT. 1/2 - 1 pip on the majors is now pretty much the standard for ECNs.
Also where do you see forex.com has Ninjatrader?
http://www.ninjatrader.com/webnew/partners_onlinetrading_brokers.htm
Since amp is IB on forex.com, should the spread be bigger than forex.com?
No, that's not how ib's work in the forex world. With most Fx brokers, their spreads are already inflated compared to ECNs or Tier 2's so they can afford to kick back some pips for sending business to them. When Forex.com has a 4-5 pip spread on GBPUSD (or 2-3 on the EURUSD) that is about 1-2 pips wider than the spread THEY are trading on with bank level liquidity.
How much commission do you pay to Advantage on forex, and its spread on majors?
20/mill with spreads similar to IB/Dukas/MBT. 1/2 - 1 pip on the majors is now pretty much the standard for ECNs.
Also where do you see forex.com has Ninjatrader?
http://www.ninjatrader.com/webnew/partners_onlinetrading_brokers.htm
Since amp is IB on forex.com, should the spread be bigger than forex.com?
No, that's not how ib's work in the forex world. With most Fx brokers, their spreads are already inflated compared to ECNs or Tier 2's so they can afford to kick back some pips for sending business to them. When Forex.com has a 4-5 pip spread on GBPUSD (or 2-3 on the EURUSD) that is about 1-2 pips wider than the spread THEY are trading on with bank level liquidity.