Fxcm New Ecn Platform

Quote from fearless9:

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
if your trading less then 1mill per order then you will be fine, i do think thats it is a real ecn with out fxcm messimg with the spreads. but i just don't know why they are showing only 1mill on the bid and ask, there LQ is very thin and why i don't know becuse they are one of the bigger brokers out there, you will think they can get a better deal from there banks, who knows but it is the real deal if you want to trade less then 1mill per order.
 
Quote from fearless9:

So who do you suggest ... MBT?

regards
f9
if you have 35k i think you can still go with pfgbest currenex platform, make sure you tell them you want 1% if that what you want. and no mb trading cost to much, i will never trade with them untill they lower there fees.
 
Quote from JDL:

if your trading less then 1mill per order then you will be fine, i do think thats it is a real ecn with out fxcm messimg with the spreads. but i just don't know why they are showing only 1mill on the bid and ask, there LQ is very thin and why i don't know becuse they are one of the bigger brokers out there, you will think they can get a better deal from there banks, who knows but it is the real deal if you want to trade less then 1mill per order.

Thanks JDL

I just want to kick off with something that is correct in the first place and grow into it slowly without the usual course changes.

It took years and years of pissing around with futures before I settled down to be happy with what I have.

I just want to apply some of that hard earned knowledge to good use in Fx and the hardest part seems to be the Brokerage end.

Wihout an independent referee such as CME, Fx is a little like the wild west without the Sheriff.

regards
f9
 
Quote from JDL:

if you have 35k i think you can still go with pfgbest currenex platform, make sure you tell them you want 1% if that what you want. and no mb trading cost to much, i will never trade with them untill they lower there fees.

I will look into them over the weekend

thanks and regards
f9
 
Quote from operator:

Bigtime traders would most likely use http://www.fxcmpro.com/

Thank you operator.

Very briefly what are their spreads, fills, reliability commissions.

regards

f9

I should add that fxcm offer retail, active and pro ... does this mean that they separate them like Toyota and Lexus or do they all eat lunch together
 
Quote from fearless9:

Thanks JDL

I just want to kick off with something that is correct in the first place and grow into it slowly without the usual course changes.

It took years and years of pissing around with futures before I settled down to be happy with what I have.

I just want to apply some of that hard earned knowledge to good use in Fx and the hardest part seems to be the Brokerage end.

Wihout an independent referee such as CME, Fx is a little like the wild west without the Sheriff.

regards
f9

Before you (or anyone else) says anything I know they're a bucketshop but do me a favor, just have a look at Oanda when you're comparing brokers, it costs nothing to look. Compare quotes, fills, liquidity, and spreads, not forgetting to take commissions into account.

With the exception of the problems they had a while back I can honestly say I've been pleased with them overall.

Obviously your choice, just thought I would mention it is all.

(JDL save your breath, I ain't playing :) )
 
Quote from cabletrader:

Before you (or anyone else) says anything I know they're a bucketshop but do me a favor, just have a look at Oanda when you're comparing brokers, it costs nothing to look. Compare quotes, fills, liquidity, and spreads, not forgetting to take commissions into account.

With the exception of the problems they had a while back I can honestly say I've been pleased with them overall.

Obviously your choice, just thought I would mention it is all.

(JDL save your breath, I ain't playing :) )

What are their ES spreads like and most importantly do they action an account withdrawal promptly.

regards
f9
 
Oanda was very fast for me with deposit/withdrawals. If you plan on trading with API with Oanda then you won't like them...
 
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