The non-trading desk brokerage

Discussion in 'Forex Brokers' started by Me_Lefty, Jan 26, 2008.

  1. Me_Lefty

    Me_Lefty

    Which is the most reliable non-trading desk brokerage for news trading.
     
  2. How big of a ticket? What pair(s)?
     
  3. Me_Lefty

    Me_Lefty

    $1000 and Eur/Usd, Eur/Pbd, Usd/Jpy, Usd/Cad
    Thanks
     
  4. Minimum usually is $100.000, you might find some with $10.000 lots though.

    Also I don't know if you'll find one for eur/pbd, I don't even know what PBD is, maybe you meant the british pound?
     
  5. .

    Don't bother with Oanda if you want to trade news, this screenshot is 15 minutes after data, they're 60 pips behind the market on Gbp/Jpy! (Oanda quotes are on the right)

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    [​IMG]
     
  6. Me_Lefty

    Me_Lefty

     

  7. Don't know what you mean, sorry.
     
  8. sim03

    sim03

    So, of course, you clicked Sell on Oanda and Buy on CMC, thereby instantly locking in a risk-free 52 pips, or nearly £2500/Mio. Right?
     
  9. Me_Lefty

    Me_Lefty


    I saw some people in the forum talking, that if you have a position open and you set stop loss at certain exchange rate, brokarage can see for how many pips you are aiming or planning to close your position and they can play against you. So do you think if you monitor prices or market yourself instead of placing stoploss on the position, you have better chances of exposure to real market prices.
     
  10. Now that would have been nice, unfortunately Oanda aren't that stupid, they manipulate price but not for our benefit :)
     
    #10     Feb 2, 2008