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ECN Forex Brokers

(No Dealing Desk + STP + ECN)

*To be able to compare commission rates, we list them all as "Commission per round turn (100K)",

But there are different ways of listing commission rates:

Example: $6.00 per round turn lot (100k) = $3.00 per side (100k) or $3.00 per 100K USD traded = $30.00 per million USD traded or $60.00 per million USD traded round turn = 0.006% of the trade


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Broker discussion area

kenneth

September 5, 2010

pleasen guru tell me about smartTrader forex broker,actually their costumer care are never available and i actually like there terms and conditions,please tell me more,are they scam,are they real?
can i trust them with my funds?

kenneth

BrokerGuru

September 5, 2010

Hi Keneth

SmartTradeFX is a non regulated Canadian broker.
You'll be able to find more details about their dealing conditions here: Broker Comparison

Also make sure to search for reviews about the broker on other sites.
I don't have any trading experience with this company.

dieselman

September 6, 2010

Hi!
I wish to inform traders which operates with small deposits. Renesource Capital have decreased minimal contract size from 40'000 base currency size to 10'000 base currency size. It's great!

Best regards,
dieselman

Rod

September 8, 2010

Great source of information BrokerGuru ! It's refreshing to see an unbiased view of the forex industry.

What broker do you trade with ?
Which platform are you most comfortable with ?

Rod


BrokerGuru

September 8, 2010

Thanks Rod,

I trade with Dukascopy, SWFX platform.
I also use MT4 (so far demo only) and looking forward to Dukascopy finally finishing the Beta testing of MT4.


Benoit

September 8, 2010

Any hint when the MT4 platform at Dukascopy will be going live?

Benoit

BrokerGuru

September 8, 2010

Dont' know... I'll ask them again.

trader

September 8, 2010

In case anyone is interested in trading with Dukascopy but dislikes Duka's trading applications, Dukascopy has been recently integrated into MultiCharts platform: http://www.multicharts.com/

Rod

September 8, 2010

BrokerGuru, so how successful would you say you are as an FX trader ? Is it a hobby for you or a professional job ? Also, would you mind sharing one of your winning strategies (in a nutshell) ?

Rod

BrokerGuru

September 9, 2010

Hi Rod,

I won't complain about my trading results, they are good, although I feel they could've been better sometimes. Forex is part hobby part job. I can't share my strategies for several reasons, I'm really sorry.

In the meantime I got a response from Dukaacopy, seems like we won't see MT4 live there...

Quote:

"Thank you very much for your e-mail and for your interest in Dukascopy Bank SA.

Unfortunately, MT4 is only available in Demo version and, due to quite many technical problems to adapt our data to the platform, is it very unlikely to go Live at all.
Sorry for the inconveniences. We offer, however, other platforms (JForex, Java, Web + iPhone application) that you might be interested to have a look at.

If you have any other questions, please do not hesitate to contact me directly.

Best Regards,
--
Irene Corchado Resmella
Dukascopy Bank SA"

trader

September 11, 2010

In that case are you a scalper or a position trader ?

BrokerGuru

September 11, 2010

Mostly position trader, but I have moderate scalping sessions from time to time.



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