Sunday gap trading: brokers opening at 5pm EST Sunday?
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thread: Sunday gap trading: brokers opening at 5pm EST Sunday?

  1. #1

    Sunday gap trading: brokers opening at 5pm EST Sunday?

    I am ideally looking for a micro/nano broker that opens at 5PM EST Sunday with adequate spreads to exchange Sunday gaps. I would use FXPro but they do not offer micro accounts. Instead I'd use Oanda but their spreads look ridiculous at the Sunday open.

    I'd be interested in hearing that brokers everybody uses, what time they open on Sunday and what their spreads are enjoy.

    Cheers
    Simon

  2. #2
    FX Solutions open at 5:15pm and they've fixed spreads.
    Thank you Heliodz - I'll check them out.

    Simon

  3. #3
    FXDD opens at 5PM and they have fixed spreads.

  4. #4
    Junior Member Checo1081's Avatar
    15
    So having found a broker which opens about 5pm, the egy is what?

  5. #5
    Thus having discovered a broker that opens about 5pm, the egy would be what?
    At the risk of sounding facetious, commerce the gap to close.

    Simon

  6. #6
    FXDD opens at 5PM and they've fixed spreads.
    Thanks CM - thus far FXDD is my best choice because they do micro a/c's, open at 5pm and possess competitive spreads.

    Simon

  7. #7
    Junior Member Checo1081's Avatar
    15
    At the risk of sounding facetious, commerce the gap to close.

    Simon
    I don't think you will see a gap in 5pm unless maybe something exceptionally happened during the weekend.
    First of all of the gap has to develope during the first market hours when most of the brokers are still shut.
    What I thought would be that you want to exchange in the direction of the initial fad after which, after two hours or so, open a countertrend place for the gap to close

  8. #8
    So I've done a little more digging and MB Trading is undoubtedly the best alternative for me: they start at 5pm, they have the cheapest spreads out of all the retail brokers I've seen (usually 0-1 pip on EURUSD which may go as many as two pips on market open), and best of all they perform micro accounts so I can return into gap trading with a tiny live a/c. Additionally, I called them now and they are v helpful on the phone and appear to be aware of what they're up to. Plus they bank with JP Morgan Chase from the US so no overseas bank a/c funny business. They charge $2.95 commission each way per standard lot - that can be 2.95 cents per micro lot that when added into the low spread remains better compared to other retail brokers I've noticed.

    So that it seems like we've got a winner -- I simply have to go and earn some money now LOL!

    Simon

    EDIT - and that I forgot to mention they opened a live a/c from scratch for me within 3 hours!!! I just uploaded my docs and bank it was accepted pronto.

  9. #9
    FXDD opens at 5PM and they have fixed spreads.
    I've already been with FXDD for over 3 years. I liked their liquidity and speedy reaction. But the major thing I liked about them was that their fixed spreads. Not any longer. This week's opening hours had crazy spreads. The U/CHF was 15, 10, 7 - all over the place. Now it is straight back (4 hours later opening) to the normal 4-5 pips. The E/U was between 6 and 4 pips and today is back to the normal 2-3 pips. What is going on?

  10. #10
    Member
    38
    FX Solutions open at 5:15pm and they have fixed spreads.
    Fx solutions is a SCAM on this gap narrative. As they will know the prices start adjust their rankings ( they're a market maker ) for 15 minutes before enabling customers to exchange before they shoot their STOPS!

    13

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