4EXJOE, He didn't get a requote even...they just did not fill him at any price...But I see your point. ES
You are making it difficult for yourself if you don't want to understand what your broker is trying to explain to you. Slippage settings should be available on your broker platform (not NinjaTrader), as it is on my broker too ...... nothing laughable or funny. "why not just take it all", no, the default setting are usually 2pips slippage and your broker can explain to you (if you want to listen): (picture from GFT Forex's DealBook360)
Well you know what this means... This means that they do not make money "only from the spread".... or they would be motivated to fill the order. Computers can trade very quickley and if all they were doing was hedging all their incoming orders...then they would do it...it sounds like they take a direction...I bet they have traders doign just this...I just have never figured out how they silence these traders that trade for bucketshops that leave these bucketshops? There are many Forex Dealers out there and I am waiting for a post from former employees...just from one of them to validate the "biased" trading desks at these various dealer operations ES
Gain Capital still has 11,344 client accounts so if everyone was experiencing Market Order not filled, wouldn't all if not most have left Gain for other bucketshops? I'm curious with all the hype about ECN/STP/NDD brokers, why are people still holding their accounts with dealing desk brokers. I should ask those 11K folks at Gain first, lol. http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/
Have you decided who to changed to? InteractiveBrokers, MBTrading, Oanda, Dukascopy, ..... or switch to currency futures at CME?
Not yet. MBTrading is looking good. I need at least 5 years of tick data and 10 years of daily data to parameterize my models and MBTrading says that they have this - though I haven't checked out the data yet. I can't use Oanda and Dukascopy since I wouldn't be able to use Ninja. Currency futures won't work since I trade several non-USD pairs, too. I trade futures at Interactive but not forex. I have a few IRAs that I trade in and Interactive doesn't allow this for forex. Do you have any thoughts on PFGBest? I've read the reviews here and they're not particularly good. But, they have some account features that I like.
http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/ I posted this earlier, did you look at it? PFGBest seems to have a small forex client base in US.
Yes, I saw that posting. Thx. Might be b/c they're more expensive than MBT et al. for both forex and futures. The plus that I see with PFG is that if you're trading forex and futures in trust accounts they use the same trust firm for both account types and they happen to use a firm where I already have accounts. That makes it a lot easier to move money around. With MBTrading they use different trust firms for futures and forex. I'm considering trying PFG since it would be a fairly easy switch for me and if it doesn't work out then I'll move to MBTrading.