ATC Brokers - Open Discussion Board





Broker discussion area

trader

September 21, 2009

ATC brokers is an Introducing broker of HOTSPOT FXi


trader

November 18, 2009

ACT Brokers have e-mail and phone and people you can talk to. Had some problem with my demo MT4 installation and send them an e-mail about and three min later a guy called Omar called and asked me to go to an internet site called Team View and registered myself, got a id number, told Omar about it and then he could operate my PC and
install the MT4 demo correctly in no time. Very smart feature this Team View stuff.

I am comparing three Forex Brokers ECN and MT4 demo in real time, it is Pronetfx (UK), FXCBS (UAE) and
ATC Brokers (USA) and prices fluctuate in six digit mode (EUR/USD 1.48864) the last digit is 1/10 pip and prices
are at similar levels but not exactly the same and spreads are different.

ACT Brokers is best with a spread between 0.6-0.9 pips most of the time
FXCBS is second with spreads between 0.9-1.2 pips most of the time
Pronetfx is third with spreads between 1.4-1.9 pips most of the time

It is obvious that these brokers do not have the same banks in their ECN system as far as I can understand.

My question is why should one pay an ECN broker $4.00 per side in commission or 0.4 pips per side plus a spread between 0.6 to 1.9 pips per side, when there is several brokers offering a fixed 1 pip spread (including commission) per side?

Does these fixed 1 pip spread brokers really work the way they say they do? How do they handle a spread in the
ECN system on 0.6 pips like 1.48857 to 1.48863? A two pip fixed spread i could understand, like 1.4885 to 1.4887 would work for the fixed pip Forex broker, but one seems a lot more challenging. Mayby that is why there is a lot of complains about re-quotes, slippage, non-fills, etc.

Would be very interested to hear what other traders with more experience of Forex brokers and trading then myself have to say about this.


BrokerGuru

December 11, 2009

The difference between 1 pip fixed with a dealing desk and 1 pip after commission with a non-dealing desk broker is worth discussions. Check out my answer here:
http://www.100forexbrokers.com/broker-discussion/figfx


Keith

February 10, 2010

On thing I don't get about this broker: thier chat is permanantly ofline, their live market spreads are "coming soon" for few years...
The website hasn't been updated since at least June 2008, chat and spreads windows were never launched...

Keith


trader

September 22, 2010

Hi
Is ATC not an ECN?


trader

October 8, 2010

Hi is Atc reputable. They require large account deposits. They claim to be ecn.


BrokerGuru

October 9, 2010

ATC is an ECN/STP and STP, since they offer not only Market execution, but also Instant execution of orders.


Thomas

September 21, 2011

Patrick: Hello.
Patrick: We are an IB for FXCM.
Patrick: Hotspot's ECN division was bought by FXCM, which is what we are currently using.
Thomas: thank you!
Thomas: regards
Patrick: You're welcome.



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