Been through various brokers (bucket shops) and getting tired of requotes and average indicative spreads being nothing like advertised--1.2 pip on EUR/USD you say! Ah wait, you were talking utter bollocks... I'm looking for a bucket shop that actually has some semblance of giving legitimately tight spreads as being very much a scalper the spread is something I'd like to marginalise as much as possible. Anyone? Cheers.
I have Fxopen ECN and Exness ECN live account with about 5$ round turn commissions for a standard lot....Spreads on EURO are 0.2, JPY 0.2, GBPJPY 1.....no requotes so far...good fills....scalping, hedging allowed.....you can buy the bid or sell the ask or even put our order within the spread..
Just to sure there is no confusion, IB is NOT a bucket shop and offers an ECN type FX product with professional interbank spreads.
Have you tried Oanda? No lot minimums, OK spreads. One thing you have to remember is that NO ONE'S spreads will stay tight around news events or economic numbers. They need to protect themselves from getting run over. I've seen Oanda's spread go from 0.9 pips to 10 pips in the second after the jobs number came out in the U.S.
I don't know why topic owner want to stick with bucket shops? I think STP/ECN NDD brokers are always best choices for any trader. Is there anything special here? This is top 99 best brokers, I think there are several bucket shops there, just try. http://www.bestonlineforexbrokers.c...x-Broker-Ratings/Top-Rated-Forex-Brokers.html