Forex market experiences increased volatility during news time, which creates an opportunity to capture the move and earn/lose pips in a matter of minutes or even seconds. Not every Forex broker if good for trading during news times with. fast trading platform, fast feeds and chart updatesThere are several important factors that news traders look for…

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Forex Brokers that allow Scalping What is scalping? Scalping – (also known as “snipping”, “churning”) – is a fast-paced trading style where a trader seeks very small profits (usually 2-5 pips) by repeatedly opening & closing trades, which usually last less than a minute. Forex broker scalping policies – what to expect?   All Forex brokers allow occasional scalping. If…

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Besides MT4 ECN, some Forex brokers may also offer regular non-ECN accounts. To avoid mistakes, spend an extra minute to compare account types and conditions on brokers websites. Your MT4 ECN account should have such conditions as: “ECN, Market execution, variable spreads, commission rate” and should never have such keywords as “Instant execution, fixed spreads, no commission” The list…

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Forex Brokers that offer MT5: [table id=13 /] Taking into account recent NFA hedging rules, Forex brokers who are registered with NFA are very likely to adopt the new MetaTrader 5 platform. MT5 ECN brokers — still not many choices in 2012 Closer to the end of 2012, the MT5 platform introduction is still going quite slow. Several large…

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ECN Forex Brokers (No Dealing Desk + STP + DMA + ECN) *To be able to compare commission rates, we list them all as “Commission per round turn (100K)”. 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…

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DMA Brokers. What is DMA? DMA – Direct Market Access – is a type of FX execution where traders are offered direct access to the physical market, enabling them to place trading orders with liquidity providers (leading foreign exchange banks, other brokers, market makers etc). Sounds similar to STP and ECN dealing? It’s close, but there is a difference. DMA…

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(No Dealing Desk + STP) STP Forex brokers is the most diverse group when it comes to trading conditions. Ranging from STP brokers who act almost like a Market maker, to STPs who offer advanced DMA trading. While all STP brokers offer No Dealing desk (NDD) trading and Straight Thought Processing (STP), which eliminates conflict of interests, there are 3…

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Market Maker Forex brokers | Instant Execution Instant Execution Forex brokers = Dealing desk brokers (Market makers). “Buy” and “Sell” orders are executed instantly, as they don’t rely on adjusting to the actual Market data. Fewer requotes are to be expected with Instant execution. Market execution Forex brokers = No Dealing desk brokers (STP, DMA, ECN). Traders will see the orders…

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