Fixed spread broker with 1 pip spread or less? -
1 2 3 4

thread: Fixed spread broker with 1 pip spread or less?

  1. #11
    When there is a broker offering fixed spreads of 1 pip or less, the ch is they probably require a minimim take profit amount (like 10 pips or perhaps 20 pips or more) meaning if your trade opens and you attempt to scalp 2 pips or 5 pips etc., the trade won't shut until you get to the minimal take profit necessity. For some pairs the minimal take profit may even be as much as 50 pips etc..

  2. #12
    Junior Member Gduard's Avatar
    26
    Armada isn't the only IB for LMAX. You could discover other IBs with very little work.
    Armada Markets it's excellent broker you can start with ECN account with only 300$ their spreads on eurusd and other majors will be the very best and they have one click trader very speedy EA, I genuine recommend Armada I'm trading for 3 weeks together and I am fulfilled, I have draw small amount only for testing and I am satisfied with this also.

    Excellent broker such as I have a stop loss on 1.34500 and the price moves 1.34505 and my stop loss is stay after that I require some nice profit so I am delighted with armada for now.

  3. #13
    Junior Member dokoxke's Avatar
    29
    I may have to go with LMAX's spouse Armada Markets. LMAX has minimal deposit requirement of US$10,000.
    Armada Isn't the only IB for LMAX. You could discover other IBs with little effort.

  4. #14
    Junior Member Rambokavo1's Avatar
    14
    I might have to go with LMAX's spouse Armada Markets. LMAX has minimum deposit requirement of US$10,000.
    There are several introducing brokers around that permit you to join LMAX and trade with just $1000-2000. Google should find a few

  5. #15
    Junior Member dokoxke's Avatar
    29
    So that broker do you use? Does it use tricks such as these on you?
    I use LMAX and MB Trading and these brokers play no tricks on me.

  6. #16
    Member
    70
    The fixed spread broker may Requote your trade, slide your entry/exit a couple pips, disconnect/freeze the platform - market makers have all kinds of tricks that they use to give them the edge over you since once you shed THEY win. ECN's only make money from commission that they don't care if you lose or win. (in fact they hope you win so you trade more and larger)
    Those tricks could cost you tens of thousands of pips over the course of a trading year. For many those little pip slippages on entry and exit can be the diff between profit and loss. Finding a honest...
    So which broker do you use? Does this use tricks like these on you?

  7. #17
    The fixed spread broker may Requote your trade, slide your entry/exit a couple pips, disconnect/freeze the platform - market makers have all kinds of tricks they use to provide them the edge over you because once you shed THEY win. ECN make money from commission they don't care if you lose or win. (actually they expect you win so you trade more and larger)

    Those tricks could cost you thousands of pips within the course of a trading year. For many those little pip slippages on entrance and exit can be the diff between profit and loss. Finding a fair market maker is a challenge, ECN makes it a little bit simpler to get a decent broker that at least doesn't trade against you.

  8. #18
    Member
    70
    MM broker profiting every time a client loses a trade where ECN is getting through commission only. Simply speaking, MM brokers are contrary to your curiosity that is to profit.
    Does not make sense. If I take the very same entries and same exits on either a ECN broker and a fixed spread broker, are you saying I will triumph on ECN broker but shed on fixed spread broker?

  9. #19
    Junior Member Rambokavo1's Avatar
    14
    MM broker profiting when a client loses a trade where ECN is getting through commission just. Simply speaking, MM brokers are contrary to your curiosity which is to profit.

    But why?? What's the reason to go for ECN brokers??

  10. #20
    Junior Member dokoxke's Avatar
    29
    But ?? What is the reason to go for ECN brokers??
    You opt for an ECN broker to prevent conflict of interest.
    DD broker's attention (to make profit) is directly in conflict the traders curiosity (to make profit)... that ought to be obvious and no amount of sugarcoating and spinning will change this.

  •