Broker for Scalping!!

Discussion in 'Forex Brokers' started by sk0ll, Aug 10, 2006.

  1. This just is not true. They have mini trading and they require a desk to lay off ten of those 10k unit trades to a lot position of 100k units.

    Now they can try to mask their advertising by claiming they lay off their hedge to other Online FX marketmakers, but they try to make you believe you are going straight to the banks...What a joke, Their name itself is a fraud.


    InterbankFX has meta4, try asking them if they allow scalpers. Since they have no desk and don't trade against you they probly don't mind.
     
    #11     Aug 23, 2006
  2. Really? What proof is there of this? And does it affect trading?

    I kinda wonder about fxdd too with there platform lag.

    But at any rate, interbankfx comes highly recomended along with IB oanda and mb.

    seems all brokers have some kind of down side. There is no perfect broker. Its all a matter of personal needs.

    Dave
     
    #12     Aug 23, 2006
  3. The proof is that NO BANK trades minis.


     
    #13     Aug 23, 2006
  4. lol ok I can buy that.

    Dave
     
    #14     Aug 23, 2006
  5. But remember the question this thread is made on is ..what broker with meta 4 allows scalping. Not what broker is falsely advertising direct deals

    Dave
     
    #15     Aug 23, 2006
  6. I just wanted to clear up what you quoted in the body of your on-topic response.

    Folks do not be mis-lead in this "Wild West of Forex".

    Remember any type of trading that interferes with the "internals" of your dealer, will be curtailed as they need the time to hedge your trade or trade against you in some cases...They may label their forbidden practices in your customer agreement as scalping...arbing...picking...naughty trading... exploiting temporal imbalances...etc

    Also remember that the quotes you see is from THEM. There is no centralized market yet...you are trading a secondary market. Actually, I recently have been educated that there is not a primary market as you might know it with Futures...Equities....etc..

    Gaps in liquidity exist everywhere and there are never any guarantees.

    Michael B.

     
    #16     Aug 23, 2006
  7. The poster is right. If this place lets you short the high-yield pair at 100-1 leverage without paying the interest, they are going to go broke.

    Or spare themselves going broke by not paying winners. These shops are not much different than the offshore online casinos I play against.

    Traveler
     
    #17     Aug 23, 2006
  8. sem123

    sem123

    I think coesfx and interbankfx has mt4 for scalping
     
    #18     Aug 28, 2006
  9. qtip

    qtip

    check www.FXLQ.com
     
    #19     Aug 28, 2006
  10. sem123

    sem123

    they have a dealing desk and do not allow scalping regardless as to what they tell you, been there done it.
     
    #20     Aug 28, 2006