Saturday, March 7th, 2015

Forex Trading #49: ECN Broker Suggestions


www.ForexCoachingPros.com http Stephen gives his suggestions for the best ECN brokers that he knows. As part of your Forex Strategy, when you are ready to begin live trading, the broker you use is very important!

View full post on Currency Trading Strategy

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Comments

10 Responses to “Forex Trading #49: ECN Broker Suggestions”
  1. sysopkc says:

    What about FXCM metatrader 4 platform, they seem popular

  2. commodityfx says:

    FXCM is not great.

  3. KILLINGFLOOR7 says:

    ? Qu? do you think about CMS Forex (VT Trader) and FXCM I value your opinion? No, Thanks

  4. ForexCoachingPros says:

    These are all Market Makers and will take the counter trade position against you. For this reason you will never be allowed to become very successful by them in the long run. FXCM is claiming to be transitioning to an ECN status, but be cautions if you see lots of requotes or delay tactics on your emtries and closes. That means Market Maker, not ECN, or at least that the counter trader has control of the trade platfform to there favor.

  5. ForexCoachingPros says:

    One is a market creator that claims to be a REC runner, since they do not have a table of operations more. But taking the position against its fight against the commerce is the one that case that they have vision and the control of the commerce platform. If it is thus, it will never be able to get to be very successful in the long term, unless it is with an optimized strategy to take the commerce that is more difficult for them the sabotage.

  6. oldford71 says:

    I am happening of FXCM to a REC. runner. FXCBS. the impressive one extends and the demonstration has been incredible. I know that it feeds are better due to the communication form have been producing the EA it wins in comparison with the losses of mass or equals as soon as rest. but I was right after the opinion of a professional retailer in the FXCBS legitimacy.

  7. SDRockman says:

    Now I know what’s going on!! I need a new broker, as Alpari UK are placing orders against me! My strategy kills on the demo, but when it came to the real thing I lose! I have lost a LOT of money by being conned by Alpari UK and I don’t have a lot of money to put money into a ECN broker. . . .

  8. ForexCoachingPros says:

    There are two things that will keep him? of? success as a trader in vivo, despite its trade demo account is great: 1 – An agent soon? tico or deshonesto2 – emotional interference trading live account that makes you compromise a trading plan . Be open and honest with yourself when considering these two obst? culos.Stephen Story

  9. maxdecimus88 says:

    Hey Stephen. . . thanks for all your videos, they are very imformative. I shall be checking out the ECN Brokers that you recommended.

  10. matrixxxxxx1 says:

    What I find ironic is lot of the forex brokers won’t open an account with another type of currency for example CDN. This is about currency trading yet you can not choose which currency to hold your funds in.

    What if you’re bearish on the US dollar for example long term?
    Why are you required to hold your funds in US only. Doesn’t make any sense.

    I wish the recommended brokers here open you up in non US funds especially MB Trading

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