Had at one time. With Pepperstone I was annoyed with their SL searching not being able to place my SLs TPs close to the market price.Originally Posted by ;
Had at one time. With Pepperstone I was annoyed with their SL searching not being able to place my SLs TPs close to the market price.Originally Posted by ;
If its any help I have used Go Markets and Axitrader and FX. I'd rank 3rd out of those - Axitrader and Go Markets equal-ish good.
Axitrader support seems to be UK based whilst Go Markets are loed in Oz - so the replies to mails etc can be slower out of Axitrader. I will be looking out IC Markets soon.
Yo mrdfx.Originally Posted by ;
I exchange using FX and would urge their RAW ECN account to anyone. Their commissions are more affordable than Pepperstone and that is the deciding factor for me. Both proper ASIC regulated brokers who can't be split elsewhere.
Been with gomarkets 4yrs now , no stop searching just like cmc and pro/ac has tighter spreads . . Learned from someone to be skeptical of doing huge positions (don't know why tho)
Thanks for your suggestions guys, I have since opened an account with Pepperstone. I spent hours researching comparisons between the brokers and determined by Pepperstone.
I also went with an STP account within the ECN because for my trading style that the ECN and the commissions was a little expensive. ECN is good but I'm happy with the STP. Cheers.
Good choice mrd,Originally Posted by ;
had nothing but excellent experiences with them.
Also their servers have no problems I have seen up to now.
Particularly when I trade news thats just utmost important.
As long you put mini lots..is okay for me..for any broker . .you will see that they true color when you begin entry 5 lot above..it chance to me.FILE_4_EXTENSIONys had slippage. Good luck
bigger orders frequently get filled not just by one bank, the swimming pool is just not infinite, particularly during certain times like early asia.Originally Posted by ;
Has not so much to do with your broker, more how many banks they're receiving their liquidity from.
And undoubtedly the best time to get filled is during europe ny overlapp.
1 Attachment(s) If the broker isn't the market manufacturer then it's their liquidity provider/s.
Take gold for example (during Asian semester); the spread on gold might just be 13 points - but in case you have access to the market thickness you'll see there's only 100 ounce (1 lot) value of liquidity at which the spread is displayed.
If you want to exchange 5 lots then the spread becomes 19 points. . 10 lots = 35 points, 20 lots = 46 points, 50 lots = 55 points.
Clearly these bids offers are MM orders, while it's your broker or their liquidity providers.
https://www.forexforum.co.za/trading...newbi-log.html
This is the reason why I am delighted using FX.Originally Posted by ;
I've spoken to some highly reliable trading connections in Toronto who swear that the brokers advertising the tightest spreads slip you like crazy once you start to trade with larger dimensions.
Only beware