Nice, I love this kind of manipulation. 1. You included only one side of retail level comms which is 2.3 - 2.5 per side so cost of trade for CL...
You're right, I should have said make more with market-maker until you are noticed and get switched to STP if successful. At least you get that...
On your last question - the banks taking the trade is not the same situation. The advantage of this is that that generally there is no conflict of...
The way brokers use the word interbank is misleading. Interbank is the platforms where banks and big institutions trade. Minimum trade size there...
The conflict of interest is a very good point. However, as I outlined above most brokers run a hybrid model. It works this way. A broker is a...
There are independents making a living trading with market making shops as well, not sure what was your point. By real market I mean something...
Guys, let's be honest. There's no real market in FX. There's only a counterparty or marketmaker. Be it your bucket-shop broker, a regulated broker...
How come futures currencies are more efficient? E.g. BP6 - a full pip spread + $5 comms per lot rt versus GBPUSD is from 0-0.2 pip spread + $7...
It may be even worse. In FX average transaction cost would be $30-50 per million (for major pairs). If you take CL your cost is more than $100 ($5...
There's a reason why they chose to report quarterly numbers. The percentage of profitable accounts falls exponentially with time. If you look...
What's so special about NY close in FX? The way I see it this is the time when liquidity dries up, banks disconnect and go offline for their EOD,...
Promotions. A broker offering a deposit bonus to everyone = scam
You don't need a dedicated server if you are going to trade with IB. Just rent any vps in NY. E.g. DigitalOcean for $10/month is good enough and...
I did not run those tests myself I just took the numbers from their site. I was looking for a ballpark number before doing my own testing. Looks...
I believe OP does not use REST to fetch tick by tick but rather download a flat file for a day from the server that keeps those files in memory....
Separate names with a comma.