Oanda losses connection around NFP...again!

Joman · Mar 30, 2011

But you pay commissions with MB and IB.
If you're an intraday short term trader, it can add up very quickly.

No one is abusing me

Tsing Tao · Mar 30, 2011

Quote from Joman:

But you pay commissions with MB and IB.
If you're an intraday short term trader, it can add up very quickly.

No one is abusing me

just curious, but what the hell do you think that spread is that you pay?

cvds16 · Mar 30, 2011

less at oanda than the spread + commission at IB, I tried both, I feel the difference ...

Joman · Mar 30, 2011

Quote from Tsing Tao:

just curious, but what the hell do you think that spread is that you pay?

That spread is money I'm willing to pay my broker for his hard work

There's one broker who is willing to work for free, still no feedback from them...

http://www.worldspreads.com/en/home.aspx

cstfx · Mar 30, 2011

Quote from Joman:

But you pay commissions with MB and IB.

MB pays you.

cvds16 · Mar 30, 2011

not if you scalp, you can't scalp with limit-orders.

Pippi436 · Mar 30, 2011

Quote from cstfx:

MB pays you.

cstfx: do you have personal experience with MB? Are they any good?
On a first look spreads dont look that impressive for an ecn (especially usd/jpy and cable).

Joman · Mar 30, 2011

They only pay for limit orders which I barely use.

cvds16 · Mar 30, 2011

yes, who I don't know any short term traders that use limit orders if they are not market makers or semi-market makers.

cstfx · Mar 30, 2011

Quote from Pippi436:

cstfx: do you have personal experience with MB? Are they any good?
On a first look spreads dont look that impressive for an ecn (especially usd/jpy and cable).

They're ok. Used them more when leverage was 100:1 vs IB's 40:1, but now don't see much of an advantage. TraderKGB is more of a fan of them then I am, but bottom line, they are just another retail fx broker, no better, no worse than some of the others.

Quote from cvds16:

not if you scalp, you can't scalp with limit-orders.

not everyone "scalps"