I use LMAX through a prime account and so far the execution has been brutally good. But of course, that implies more capital and different conditions.
I use LMAX through a prime account and so far the execution has been brutally good. But of course, that implies more capital and different conditions.
Has anyone tried Fusion Markets? I was recommended for stable execution but I have not yet tested it under real pressure.
Fusion Markets, I tried it for three months, on normal schedules very well, but when you're running an opening in London or a strong tip... well, you know.
The reality is that no broker is going to be perfect if you have unrealistic expectations, the one looking for surgical execution, zero spread, no slip and no commissions, to go to Wall Street and open a hedge fund.
Summary: Real execution as such for retailers is very rare. You can find �less bad� brokers, but perfect there is none. You have to test, compare and assume that there will always be operational friction. Whoever does not accept it, is in the wrong game.
After several years operating with different brokers and falling into many marketing traps, I have learned to identify certain objective criteria for evaluating whether a broker offers a quality execution or simply pretends to be ECN/NDD. The key is to stop blindly relying on what the broker�s website says and start auditing with real data. It�s not about what they say, but what you experience when operating. And yes, there are ways to check it. First, if the broker says it�s �ECN,� the least you should do is look at the command book if it offers it (Depth of Market).
Thanks for sharing your experience so clearly.
I totally agree, especially about recording the op. It saved me several times.
What do you use now that give you that transparency in execution?
The technical support is key, no one ever mentions it.
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