Thread: Arent ECN Brokers just fronts for bucketshops?

Do not forget Interactive Brokers.

CMS FX has an ECN MT4 with multiple liquidity suppliers. They allow you to trade in the spread.

FYI

Yea, to not many do customer. ATC used to when they were Hotspot (you might actually load Hotspot and realize the counterparty) - once they switched to FXCM you lost that ability but the spreads got BETTER!! Along with the order responsiveness remained the same. (it actually seems like they're utilizing a blank data feed even if its from FXCM) - that I had been usure about PFG however thanx for checking them out. In addition, the FXDD MXtreme is not a true ECN but the orders are filled INSTANTLY!! - never a prob geting out or in, they just have the worst states (4 digit as well as $15 each 100K!!)

Also can anyone confirm that CMS is a ECN (with inside spread trading?) - http://cmsfxpro.com/trading-software...php?pgsrc=TSMT

Originally Posted by ;

Yea, to not many do customer to customer. ATC used to if they had been with Hotspot (you could actually load Hotspot and see the counterparty) - after they switched to FXCM you lost this ability but the spreads obtained BETTER!! And the order responsiveness remained the same. (it actually seems like they're utilizing a blank data feed if its from FXCM) - that I had been usure about PFG however thanx for checking out them. Also the FXDD MXtreme is not a true ECN but the orders are filled INSTANTLY!! - not a prob geting in or out, they simply have the worst conditions (4...

no, I don't think CMSfxpro are an ECN. Only an STP NDD such as IBFX. Commissions don't charge. I asked why not, the guy wrote back and told that the customers like being billed in the spread instead of being charged a commission. I deleted that platform fast!

I'm Beginning to enjoy PFGbest. Have a free EA I'm testing on 28 pairs they supply and we'll see how another month belongs. Mt4 is simply 1000.00 min. Their currenex, however, is 50k min deposit. I'm with Broco on the investor4 platform. Spreads are OK and wire transfers require 72 hrs to the people but I enjoy PFG's spreads at the moment. Even the AUDNZD spread on PFG is 10! It is hard to get it under 15!

Testing CMS demonion FXTradeport (cx) right now. They're charging me $20 a mill, so much spreads are amazing, eurusd spread is.5 to 2 on average I would say its around 1 to 1.2 So much execution is exellent. I'll be interested to see how it is on live.

Originally Posted by ;

testing CMS demonion FXTradeport (cx) right now. They're charging me $20 a mill, so far spreads are amazing, eurusd disperse is.5 to 2 on average I would say its around 1 to 1.2 So far implementation is exellent. I will be interested to see how it is on live.

CMSFX institutional offering out of Boston is a pure ECN alternative. The per million clearing fee varies with volume traded. The more active you're, the lower your per million commission.

Originally Posted by ;

Fulltime247,
In All Broker thread you tell Broco is Russian but Broco is a Mauritius based broker, not European or Usa regulated.

Lubo.

I thought they are loed in cyprus?

Yes there are large brokers who claim to be an ECN that is true.

The simple fact is many banks refuse or give them worse quotes cause of scalpers.
Their clients get filtered and manipulated data and often must pay commissions.

If you compare spreads and liquidity you will see the black sheep - here in this forum.

What exactly does it means by putting an orders within the spread?
Head to elaborate?
Thanks in advance

Is http://www.fxprimus.com premiere account is authentic ecn or not?

thanks