$30 for a thousand round trip is expensive!Originally Posted by ;
$30 for a thousand round trip is expensive!Originally Posted by ;
Sure- I have discovered that some Currenex brokers don't want automated scalping systems in their platforms. I am working with a developer on such a egy now and I am curious who will take scalping egies.Originally Posted by ;
It means that in case you send them toxic flow you will be shown the door. If you do not know what I'm talking about it likely will not be an issue to you.Originally Posted by ;
Europipster, BlackMage,
What I don't understand: when a broker is not taking the other side of a trade - why should they bother that system one transactions?
The broker likely doesnt care, but when a bank or multiple banks complain of a customer, he may nevertheless be thrown out. A fantastic connection to the banks who provide liquidity is valuable to broker and essential for being aggressive, after all.
What exactly represents toxic flow, I have no idea.
Unless you are trading several yards each month, I don't understand how you'd be receiving the rates which would make you contemplate $30/M r/t expensive. Please enlighten us to what bargain you are referring to. I consider IB's $40 r/t cheap compared to some places (notably MBT's former $100 r/t rate).Originally Posted by ;
Brokers offering less usually arrive with a few caveats in my personal experience (namely wider spreads).
Hi Trader KGB,
Two questions for you.
1) How can Dukascopy's $36 RT ($18 one way, 50 k deposit) compare to this? Is Dukascopy worth mentioning in the exact same breath as LCG, or even, why? (Reason'm asking, is I am near opening a actual acct together).
2) What's the fundamental distinction between the currenex feed and also the ecn feed at dukas? Do I really need to be worrying about those differences when I am simply trading daily charts, rather than buying more than a regular lot or even two?
Thanks for taking the time, if you reach this.
I'm really not at liberty to offer an opinion, at least with regards to trading/execution matters, since it has now been quite a while since I last traded either a Currenex portal or Dukascopy.Originally Posted by ;
By way of trading the dailies, there is little reason to get hung up over slight commission differences.Originally Posted by ;
Given what I understand about both brokers, I'd probably opt for LCG, at least until Duka gets their bank license/FINMA enrollment.