What about Fast Brokers Pro ECN ? They present a Currenex Feed with ECN and minim of 3500 $. Is it a legitimate ECN or not ?
BrokerGuru
February 5, 2010
Thank you for your question, however, I only provide facts and information about brokers, I don't recommend any of them, that's the policy, I'm sorry.
FastbrokersFX is an introducing broker for FXDD. Their Currenex feed is a legitimate ECN. FastbrokersFX and FXDD are regulated by NFA.
King
February 6, 2010
lite forex is not an STP broker ,they have it on their website that they are independent market maker and you will have alot of reqoute when you are trying to place a profitable trade, even closing a losing trade is a problem.Please remove it from STP list. King
"NO DEALING DESK
The technology of auto-hedging helps to almost completely eliminate the need for a dealer in transactions. All orders are automatically executed. "
On the front page we find:
"LiteForex is a service mark and division of Straighthold Investment Group, Inc. - an independent market maker based on a MetaTrader 4, a very powerful and popular Forex trading platform, known throughout the world."
Lite Forex is removed from the STP page.
trader
February 8, 2010
I'm incredibly sorry for bothering you, BrokerGuru. If possible, could you help me to find out if Nordfx.com is a market maker? I know that they are listed as a stp up there in your list, but I'd love to know for sure.
Thank you for all your help.
BrokerGuru
February 10, 2010
Nord FX is an introducing broker or a white label (either one) for FXCM and MF Global.
Both FXCM and MF Global are STP brokers. So, since Nord FX sends its orders to those brokers, you're supposed to have STP trading conditions with them.
Carielle
February 10, 2010
Thank you BrokerGuru! You've been extremely kind in helping me out with the Nordfx.com question.
MIG Bank is a market maker. They don't have ECN accounts yet, but I've heard from a representative that they
we will have some ECN-like system in approx. 2-3 months time, which will be on the new platform.
trader
February 15, 2010
Hello BG, would you please check for me about EXNESS....
TQ.
trader
February 5, 2010What about Fast Brokers Pro ECN ? They present a Currenex Feed with ECN and minim of 3500 $. Is it a legitimate ECN or not ?
BrokerGuru
February 5, 2010Thank you for your question, however, I only provide facts and information about brokers, I don't recommend any of them, that's the policy, I'm sorry.
FastbrokersFX is an introducing broker for FXDD. Their Currenex feed is a legitimate ECN. FastbrokersFX and FXDD are regulated by NFA.
King
February 6, 2010lite forex is not an STP broker ,they have it on their website that they are independent market maker and you will have alot of reqoute when you are trying to place a profitable trade, even closing a losing trade is a problem.Please remove it from STP list. King
BrokerGuru
February 8, 2010Thank you, King
That's correct, although Lite Forex claims to have no dealing desk, if you look here:
http://www.liteforex.org/why-choose-liteforex.php
"NO DEALING DESK
The technology of auto-hedging helps to almost completely eliminate the need for a dealer in transactions. All orders are automatically executed. "
On the front page we find:
"LiteForex is a service mark and division of Straighthold Investment Group, Inc. - an independent market maker based on a MetaTrader 4, a very powerful and popular Forex trading platform, known throughout the world."
Lite Forex is removed from the STP page.
trader
February 8, 2010I'm incredibly sorry for bothering you, BrokerGuru. If possible, could you help me to find out if Nordfx.com is a market maker? I know that they are listed as a stp up there in your list, but I'd love to know for sure.
Thank you for all your help.
BrokerGuru
February 10, 2010Nord FX is an introducing broker or a white label (either one) for FXCM and MF Global.
Both FXCM and MF Global are STP brokers. So, since Nord FX sends its orders to those brokers, you're supposed to have STP trading conditions with them.
Carielle
February 10, 2010Thank you BrokerGuru! You've been extremely kind in helping me out with the Nordfx.com question.
Regards,
Carielle
trader
February 14, 2010You might to consider adding this ECN broker from Switzerland http://www.migbank.com/en/
BrokerGuru
February 14, 2010MIG Bank is a market maker. They don't have ECN accounts yet, but I've heard from a representative that they
we will have some ECN-like system in approx. 2-3 months time, which will be on the new platform.
trader
February 15, 2010Hello BG, would you please check for me about EXNESS....
TQ.
trader
February 17, 2010what about dbFX is Deutsche Bank's
BrokerGuru
February 18, 2010Both EXNESS and dbfx are marker makers.
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