Thread: Any brokers with 2 pip spread on eur/gbp

Im searching for a broker that uses MT4 and has two pip fixed spreads on eur/gbp. Up to now only been able to find Alpari UK however im a US citizen and may open an account. Anyone have any hints?

Originally Posted by ;

'm searching for a broker that uses MT4 and has two pip fixed spreads on eur/gbp. So far iv only been able to loe Alpari UK but im a US citizen and can open an account. Anyone have any hints?

You are able to go Alpari-US instead of UK, but FYI the two pip spread at Alpari is just on demo. On dwell accounts it is 3-5 pips (normally 5).

Http://alpari-us.com/en/company-news/228.html

As another individual alluded to, 1 or 2 two pip spreads EG is generally not reality anymore. Perhaps that will change in the future, but with the collapse of Lehman, a lot of FX liquidity moved right from the window, and it still hasn't come back yet.

Wow anotherone trying to scalp the EUR/GBP throughout Asian Session with a few silly EA which just works wich just works with spreads you will never get.

Originally Posted by ;

Wow anotherone hoping to scalp the EUR/GBP during Asian Session with some silly EA which only works wich only works with spreads you will never get.

Because that ridiculous EA sell like a hot cake at the moment.

Originally Posted by ;

I understand exactly what you mean and I recall a few months back (before the day the Earth stood still)
if EUR/GBP was 1.0 pip or even better yet this time of day. It ai not that way today from the retail world.

Your might want to check out something like that (below) but it's not MT4.
Spreads change and occasionally it'll blow out to many pips anyway. Gotta ch it if it's lt; two pips.
Factor at a commission as well and you will likely come near two pips, just not all the time.

Toshi, which broker do you use for Currenex? PM me if you dont wish to share with this forum.

Originally Posted by ;

That is great, except MIG does not allow scalping...

If you're searching for fixed disperse, then you need market maker,if market maker then scalping is not allowed, thus you're searching for something which is not exist.

The only way to utilize MT4 ECN, I know just Fastbrokers.com and Actbrokers.com
It seems that you whant to try Fap Turbo.

Originally Posted by ;

If you are searching for fixed disperse, you then need market maker,if market maker then scalping is not allowed, so you are searching for something that's not exist.

The only way to use MT4 ECN, I know only Fastbrokers.com and Actbrokers.com
It seems that you whant to try Fap Turbo.

I made that remark for the benefit of the original poster, who seemed to want to own scalp (although I'm not certain).

And for the info, I'm not searching for anything, and I don't use FAP Turbo. You shouldn't make so many assumptions; I was only hoping to provide some feedback to another trader. You seem like an IB trying to drum up some business, so I wasn't really directing my comment to you anyhow. My post was for the advantage of the guy who asked the question at the start of the thread.

Haha fastbrokers is only an IB into fxdd...

Originally Posted by ;

Toshi, which broker do you use for Currenex? PM me if you dont want to share with the forum.

Hey Guy,
Happy New Year !!

No difficulty to share what and when I can.

I am recently going thru ADMD for cnx. They accept 25K accounts nowadays.
Employed to be something like 75 or 100 grand to have in. They become hungry.
Next month I am told, they are supposed to change regiion status from Affiliate to FCM status.

They have a currenex lite pkg that isn't really currenex and a few other platforms too
and the feeds vary. Requirements seem to get better farther up the food chain.
Pay transaction commissions and you'll get authentic dealing prices.

Additionally, I've been testing out FXDD's currenex plus they do something similar by providing
one platform that you are able to take serious and yet another psuedo-currenex feed that
I can't realisticly watch as being true-ECN since it deals as low as 10K lots. How can that be?
However, they are still getting their ducks in a row for NFA status. Work in progress, I figure.

I see all of these various ECN-style currenex-type options as once-removed in the authentic interbank.
If I didn't want flexibility to go smaller when conditions dictate and may exchange the kind of dimensions needed,
I would want something directly from the bank that could match up to a reuters feed or something similar.
I don't have the bux for that degree of dealing, so I make do with what's available.

Besides spot FX, my solution was euro and yen futures with an FCM
and I don't worry what a forex broker is holding in his orderbook.
I will get executed on as much as can endure without so much as a screen flicker.
Scalping 10 lots with day margins is similar to a thousand or so in commerce size and
for me that's way plenty big enough at $12.50 a tick times a week.
It used to make me crap my pants when a halt was hit, even for 5 or even 10 ticks.
I've learned to live with it and attempt to treat it with respect. It is still quite an adventure.
Thus, currenex is trendy to exchange spot, but at heart, I am still a DOM scalping futures rather dude.

But check out ADM. Demo was quirky sometimes, but dwell is smooth overall.
The 0.1 size = 100K (1/10 of a thousand ) and implements in a flash (no flaws ).

I expect that ForexMan93 discovered a E/G broker without needing to move offshore.

Originally Posted by ;

So, currenex is trendy to exchange place, but at heart, I'm still a DOM scalping futures kinda dude.

Could you provide some insight about how to scalp the orderbook?
I've always wanted to do that but haven't found any helpful
information on the net. Is it exactly the same as a SOBI (Static Orderbook Imbalance)
Strategy?