Thanks, tdion for doing the graft. I looking forward to the first truely MT4 ECN package, so I can save on some pips. I estimate an improvement to my account by at least 20%. Keep your posts coming.
Cheapest ECN Comissions - Vantage FX ECN 10 replies
Could you introduce any broker base on ECN+MT4+4 decimal?? 11 replies
Another MT4/ECN broker, any thoughts?? 31 replies
Any ECN that supports MT4 ? 71 replies
any experience with atc brokers mt4 with ECN data feed? 0 replies
DislikedAh but the grass may not be greener, Digs. The broker will always charge you a commission (usually 1 pip roundturn, possibly more)
So you have to wait until you get choice (zero spread) or low spreads before it is beneficial. In other words, if the spread widens to 4 or 5 pips, you aren't gaining anything.
Then there is the risk of not getting filled with a large order.... so you might consider "chunking" your order into smaller ones.... and as you enter, the spread may widen on you (it's not going to be instantaneous, you know.)
I'm just trying to say that ECNs are no slam dunks!Ignored
Currenex, Lava FX, HotSpot FXi, FXall, Baxter FX :
Those minimums are completely backwards. It should be $500k/open $200MM/month for the ECNs, not for MT4.