Fxcm New Ecn Platform

Interesting thread, give or take the exchanges.

If you were to mirror trade a live and demo FXCM account, what do you suppose would be the difference at the end of a week.

regards
f9
 
Quote from fearless9:

Interesting thread, give or take the exchanges.

If you were to mirror trade a live and demo FXCM account, what do you suppose would be the difference at the end of a week.

regards
f9
More...
if your using there pure ecn active trader platform then it should be the same, i wound't touch there retail platform.
 
Quote from JDL:

if your using there pure ecn active trader platform then it should be the same, i wound't touch there retail platform.
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Thanks JDL,

You say that ECN and demo SHOULD be the same.

Perhaps this needs to be put to the sword. First by a question to FXCM.

I am just picking my way into Fx, but trading is trading in the sense that it is what we dont know or what we assume that will kill us.

What are your thoughts on the ecn active trader platform ... worth a try or not.
regards
f9
 
Quote from JDL:

the traders i use to trade one of my systems like to take big gambles sometime so he decide to put on a 5mill market order during asian session and got fill 10pips away from a stale price, by that i mean the price didn't move, fxcm say they go down the leve5 book witch is ok by me i know how ecn works but damn 10pips from the current price on a 5mill market order is crazy, so if your doing 1mill or less this can be the broker for you, anymore then go with another ecn with more lq. other then that they was solid on 99% of orders, look like there trying to get there shit together. still for the small time trader tho, i realy don't think there intrested in big traders so they cater to the small time player.
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That story doesn't surprise me actually. Their book depth is surprisingly thin, even during active market hours. IB and MBT offer much deeper liquidity pools.
 
Quote from Trader KGB:

That story doesn't surprise me actually. Their book depth is surprisingly thin, even during active market hours. IB and MBT offer much deeper liquidity pools.
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Do you think that active trader is worth a try at less than 1M.

regards
f9
 
Quote from fearless9:

Do you think that active trader is worth a try at less than 1M.

regards
f9
More...
I imagine that's fine, they appear to always quote 1M on the best bid/ask.
 
Quote from Trader KGB:

I imagine that's fine, they appear to always quote 1M on the best bid/ask.
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Thanks TKGB,


Any other negatives i should watch out for on active trader

regards
f9
 
Quote from Trader KGB:

That story doesn't surprise me actually. Their book depth is surprisingly thin, even during active market hours. IB and MBT offer much deeper liquidity pools.
More...
they say they want big time traders but that is a bunch of bullshit, what they want is a bunch of newbies and small time players, if your trading over 1mill with them there ecn active trader will screw you, after saying that i do think that there active trader platform was the real deal ecn model, but it is geard towards the small player if your trading less then 1mill pers order, WTF, there is just something funny about fxcm, they just want small time traders, who knows. :confused:
 
Quote from JDL:

they say they want big time traders but that is a bunch of bullshit, what they want is a bunch of newbies and small time players, if your trading over 1mill with them there ecn active trader will screw you, after saying that i do think that there active trader platform was the real deal ecn model, but it is geard towards the small player if your trading less then 1mill pers order, WTF, there is just something funny about fxcm, they just want small time traders, who knows. :confused:
More...

So who do you suggest ... MBT?

regards
f9
 
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