Re fast moves of 2-3% see my previous reply. SAXO is ok, although in Elitetrader they got bad comments. Forget their charts, just as bad as IB - I use Tradestation for years.
Tradestation is absolutely terrible for FX trading. They use Gain's dealing desk, AND they add half a pip to their spreads on top. For this they charge the same commission as IB, give me a break. Highway robbery if you ask me.
You're right. I only use TS for charting and some backtesting. Occasionaly I trade currency futures with them.
which screening/filter/scanner hardware/site would you guys recommend for Forex crosses? for example if I want a currency-cross with certain technical pattern, and RSI within a certain range etc... (tried saxo and tradestation) didnt find such tools.. Thanks..
Good posts. I have heard stories of closed profitable positions getting cancelled by brokers because they claim they violated agreements and placed during low liquidity markets. Any good ECN brokers out there? Any suggestions? I think mine is a bucket shop too Ron
I used MB Trading and really liked them, only prob I had was no charting but I used metatrader for that. Interactive brokers also offers ECN trading but I have no experience with them.
andretrader, have you read ET's Forex forums whether using an MetaTrader 4 broker or not to place trades this program is used by tens of thousands of traders and is available from brokers around the world you can obtain a free unlimited renewable demo from most of the MT4 brokers, mine is from: http://www.alpari-idc.com/ located in London, UK, head office is Moscow the largest retail fx broker is: http://www.fxcm.com/ who have offices in US, UK, HK and also regulated for Canada, Alpari is UK regulated and also provides 'micro' accounts while you can use virtually any charting program today since most accept fx feeds or provide them eg: AmiBroker, Ensign there's thousands of MT4 coder/programmers and thousands of indicators and Expert Advisors -- auto trading systems as well as manual trading systems/methods available for MT and many MT dedicated forums: http://www.forex-tsd.com/ http://www.forexfactory.com/forum.php http://www.moneytec.com/index.php there's also thousands of 'fx' sites and blogs (google: forex: 38,000,000 pages) providing info and stats plus most banks providing D, W, M currency/fx analysis/reports: fxcm's is quite comprehensive: http://www.dailyfx.com/ fx is very reactive to some economic report releases and interest rate changes: http://www.forexfactory.com/calendar.php? http://www.fxwords.com/e/economic-for-the-united-kingdom.html#Balance of Payments http://www.nasdaq.com/econoday/calendar/US/EN/New_York/year/2007/month/11/day/19/daily/index.html