Fxcm New Ecn Platform

Discussion in 'Forex Brokers' started by JDL, Feb 17, 2009.

  1. JDL

    JDL

    wasn't that much 2 yrs ago. he's not a recent winner.
     
    #121     Mar 20, 2009
  2. Interesting thread, give or take the exchanges.

    If you were to mirror trade a live and demo FXCM account, what do you suppose would be the difference at the end of a week.

    regards
    f9
     
    #122     Mar 20, 2009
  3. JDL

    JDL

    if your using there pure ecn active trader platform then it should be the same, i wound't touch there retail platform.
     
    #123     Mar 20, 2009
  4. Thanks JDL,

    You say that ECN and demo SHOULD be the same.

    Perhaps this needs to be put to the sword. First by a question to FXCM.

    I am just picking my way into Fx, but trading is trading in the sense that it is what we dont know or what we assume that will kill us.

    What are your thoughts on the ecn active trader platform ... worth a try or not.
    regards
    f9
     
    #124     Mar 20, 2009
  5. That story doesn't surprise me actually. Their book depth is surprisingly thin, even during active market hours. IB and MBT offer much deeper liquidity pools.
     
    #125     Mar 20, 2009

  6. Do you think that active trader is worth a try at less than 1M.

    regards
    f9
     
    #126     Mar 20, 2009
  7. I imagine that's fine, they appear to always quote 1M on the best bid/ask.
     
    #127     Mar 20, 2009
  8. Thanks TKGB,


    Any other negatives i should watch out for on active trader

    regards
    f9
     
    #128     Mar 20, 2009
  9. JDL

    JDL

    they say they want big time traders but that is a bunch of bullshit, what they want is a bunch of newbies and small time players, if your trading over 1mill with them there ecn active trader will screw you, after saying that i do think that there active trader platform was the real deal ecn model, but it is geard towards the small player if your trading less then 1mill pers order, WTF, there is just something funny about fxcm, they just want small time traders, who knows. :confused:
     
    #129     Mar 20, 2009
  10. So who do you suggest ... MBT?

    regards
    f9
     
    #130     Mar 20, 2009