Hi Magician, I work with Swissquote.com and their daughter ACM.com (using Metatrader) and Dukascopy.com No it's not me on the photo, I am a much older guy. Felix
PorkBellies, I don't know anything about a tracking code. Where can I find it and what's it for? Why would anyone want to track me? Felix
brokers can only control fills, not the price movement as a whole, and 'stop hunting' is an old wives tale excepting, other traders might have a strategy that takes advantage of where prices may congest, and/or levels that do indeed contain stops forex brokers are highly regulated thanks to the US of A - CFTC and NFA actions against FXCM and GAIN/forex.com speak to their effectiveness in stopping how orders were being controlled and filled if anything 'leads' the price of the eurusd I'd say it's the 6E Euro FX futures contract that's easily comparable with any fx broker's price data. there are many multi-thousand orders during the 23 hour trading day and the price reaction is reflected in fx brokers data, but individual fx brokers' price data will vary due to the quantity of individual brokers' clients trading at any particular time, and I think it's Oanda that has the most. see their FXTrade platform and 15 second eurusd chart to view greater trading activity than 'broker A', and even the 6E activity at various times
regardless of whatever market you choose, or instrument/product, there is always counterparty risk... can't be avoided... your ability to get your funds from a fx broker is as good as their reliability... MFG and PFG were not the same case... PFG was outright fraud, MFG was the violation of many rules, checks, and balances that lead to fraud... regulation is not the same as insured/guaranteed... and there is no SIPC for futures, nor for fx...
1. Leverage 2. Favorable US taxation (section 1256 contracts) 3. Centralized matching engines with fairer order handling. 4. Liquidity
example of the futures volume during this morning's ECB announcement the 5:43 , 5:44 and 5:58 am est 1 minute bars - 15:43 etc bars in MT4 5:43: 4,482 6E contracts x 125,000 = 560,250,000 / 100,000 = 5,602.50 lots 5:44: 5,785 6E contracts x 125,000 = 723,125,000 / 100,000 = 7,231.25 lots 5:58: 5,690 6E contracts x 125,000 = 711,250,000 / 100,000 = 7,112.50 lots we got insurance in Canada, up to $1,000,000 per client account
I absolutely love CIPF insurance and how my accounts in Canada with IIROC regulated brokers are covered. Sadly, not many US futures brokers are part of the program for their Canadian clients... IB has it (thought they don't talk about it on their site which is a shame since it's a strong selling point,) but I'm not sure about others.
FXCM and GAIN/forex.com both back in Canada again have the CIPF displayed on their sites even the EU and UK has insurance, only around â¬40K but at least its something