But you pay commissions with MB and IB. If you're an intraday short term trader, it can add up very quickly. No one is abusing me
That spread is money I'm willing to pay my broker for his hard work There's one broker who is willing to work for free, still no feedback from them... http://www.worldspreads.com/en/home.aspx
cstfx: do you have personal experience with MB? Are they any good? On a first look spreads dont look that impressive for an ecn (especially usd/jpy and cable).
yes, who I don't know any short term traders that use limit orders if they are not market makers or semi-market makers.
They're ok. Used them more when leverage was 100:1 vs IB's 40:1, but now don't see much of an advantage. TraderKGB is more of a fan of them then I am, but bottom line, they are just another retail fx broker, no better, no worse than some of the others. not everyone "scalps"