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HATEtheRisk
 

Registered: Aug 2011
Posts: 1587

 

04-09-12 01:18 AM

http://www.100forexbrokers.com/stp-ecn-brokers
http://www.100forexbrokers.com/dma-direct-market-access

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HATEtheRisk
 

Registered: Aug 2011
Posts: 1587

 

04-09-12 01:20 AM


Quote from Cassius:

A number of brokers call themselves Non-Dealing Desk. The problem is, one can't see the actual path of orders. Brokers can easily lie about it and most likely they do.
On the other hand, even true Non-Dealing Desk just forwards your orders to a bigger broker, and this bigger one may be nothing but a big bucketshop.
So I think the only thing that matters is quality of order execution, spreads and some regulation to prevent fraud. Whether it is DD or NDD doesn't matter at all.



yes, thats how it is.

If you know how to trade, it doesnt matter, which one dealing system you trade.

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screw_jack
 

Registered: Apr 2012
Posts: 16

 

04-24-12 06:06 AM


Quote from Wallace:

you can open a futures account with http://www.ampfutures.com/ with as little as $500
the 6E Euro FX contract requires $500 to daytrade where one pip = $12.50 and the
roundturn commission is $5.74 . trades are executed in the CME Globex exchange
and AMP - and other brokers - provide the NinjaTrader charting/order entry program
with the CQG feed for free. demo of the platform is offered

the warning is that with a 500:1 leverage, trading a futures contract offers larger profit
potentials for a small capital, But, also larger losses

ime Oanda's FX Trade platform always provided me with instant fills - click and I was
filled, the charts are crap but they do offer MT4. major complaints: they used to and
maybe still do disconnect the data feed during news releases besides widening the
spread, and, they do not have a Trading Desk, meaning one has to go thru the regular
phone answering system before reaching a live person; I want an instant contact if my
system goes down and I want to close a trade
Oanda is insured up to $1,000,000 per client account against fraud, bankruptcy etc



Trading the full size contract with only 500 bucks capital is suicidal...

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southbeach4me
 

Registered: Jun 2009
Posts: 883

 

04-24-12 06:10 AM

He's a total virgin to FX in general and some of you guys are telling him to open a futures acct? .... IDIOTS

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Jack_Larkin
 

Registered: Jun 2011
Posts: 491

 

04-29-12 12:31 AM


Quote from screw_jack:

Trading the full size contract with only 500 bucks capital is suicidal...



Yeah, futures isn't the answer here...

Wallace seems to be pro-AMP futures, I tried to help him see the benefits of spot over micro futures in another thread and he rejected the notion without much serious reason besides just "agreeing to disagree"...

I'm not going to push it anymore with Wallace on the subject, but in this case, the new trader should stay away from futures for sure...

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