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I have a normal account with FXDD, not MTXtreme. As I understand, it is the first service without desk that permit the use of Metatrader. I guess you have to practice some weeks in order to get a complete idea of that service via MT4. Really I don't like the brokers of MT4. I used Oanda and that bro...

EFX looks like the perfect option for me given the cost effectiveness mentioned above, and they even recommend my IRA custodian Entrust Admin Inc, however the non support of MT4 is the deal breaker [-(. I'm just too married to MT4 after months of demo trading, having indicators and scripts built ar...

TheRumpledOne wrote:On an ECN, you order stays there until either someone else on the ECN hits your order OR a bank hits your order.

You do NOT always have to wait for the bid/ask to move to your price to be filled.

Understood.

Thanks, TRO.

Hi yurcek. Thanks for your comments. I think you are right about it. The post of TRO refers to sell or buy between spreads. My confusion come from the line "At EFX, you will get filled if the bid is 1.5005 and someone TAKES your offer." If the example begin with a bid, then the trade exit ...

I trade with http://www.efxgroup.com They are an ECN. THERE IS NO FIXED SPREAD IN FOREX. Tell them THE RUMPLED ONE sent you. You can google and find out what I really think about "FIXED SPREAD BANDITS". I'll leave it at that so I don't get banned. How do I avoid the spread? I explained th...

TRO. I understand your point about the spreads in forex. I read some topics of Kreslik about Oanda: http://kreslik.com/forums/viewtopic.php?t=85&highlight=oanda http://kreslik.com/forums/viewtopic.php?t=69&highlight=oanda I thought that you could have some experience with Oanda, that was the...

Hi TRO. I am using Oanda like my broker and I think it has a very competitive spreads (variables) but some that I do not like of them is that when I use Market Orders they have slippage, but this problem can fix with Limit Orders. They usually have the follow spreads: EURUSD 0.9 pips USDJPY 1.6 pips...

Hi guys. This is my first time here and I would like to say hello to everybody. :smt023 TRO. I hope you can help me. I am not a coder. I picked up an indicator (yours) from the TSD and I did some modifications in order to show the range of the open and the Buy and Sell Zone and the triggers. But due...