Which broker for intraday breakout trade

Hi I am new here, I am currently using Interactive broker (IB) for intraday breakout trade in futures, forex (globex) market especailly at time when FED, ECB, RBA, EIA oil annouce their things .

I already use stp lmt (@+/- 10% tick) to put my order to take profit or stop loss but it does not get the fills I have ordered.

People suggest me to us IG to get better fill for short term trade. Shall keep using IB or switch to another broker ? All advises are welcome thank you

 

You are using latency sensitive strategy. I doubt very much any retail broker can be expected to have such expensive infrastructure, at least not for general public. Are you triggering your order manually or do you pre-set the limit order ahead of the event?

 

i pre-set the limit order ahead of the event around 3 minutes early

 

K, then you need to make sure your order is held on the broker's server closest to the exchange it will be sent to.

 

keep in mind if you are using stp lmt orders once the stop is triggered you are then working a limit order. Price has to go thru to be guaranteed a fill. I use similar strategy with AMP Global trading futures. Orders are held on exchange side servers. I never had any issues regarding fills.

 

That depends on exchange, order type, and broker.

 

Hi Witon, you can consider Turnkeyforex. I also trade intraday with them , so far I have not faced any issue with my order execution.