• Low slippage forex broker

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    WallStreet Forex Robot Evolution was developed by a team of professional traders and software developers with over 85 years’ cumulative experience in forex trading and developing automated trading systems.

    OctaFX ECN Forex broker – Online Forex trading

    At Myfx Markets you can have access to our lightning fast servers in New York
    plus the best prices from the world's largest banks and liquidity providers.

    Forex Trading | MetaTrader 4 - Currency Trading | Forex Broker

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    ECN Forex Brokers Comparison - 10 Best ECN Brokers

    This built-in system conceals your stop levels from unfair brokers who trade against their clients.
    If you choose to use this option, stop levels are executed within the WallStreet Forex Robot Evolution program logic and remain invisible to brokers. This means that you have double protection: against unforeseen loss, and against unfair brokers.
    WallStreet Forex Robot Evolution employs a Stealth Mode to protect against broker stop hunting. In Stealth Mode, stop loss and take profit levels are not displayed to the broker. An emergency stop loss is placed with the broker to protect the trade against disconnection, but the Stealth Mode stop loss will be reached before the emergency stop loss.

    The next thing to consider is the broker’s trading platform. Does it work smoothly, or does it have problems freezing up? It is easy, intuitive and pleasant to use, or not? Does the execution work in a manner that suggests the Forex broker is a true ECN broker or something close to it?

    One simple method we can use, in order to begin to understand the concept of spreads in the forex market, is to consider the times when we change our holiday currency at a bureau de change. We are all familiar with exchanging our domestic currency for holiday money pounds to euros, dollars to euros, euros to yen. In the window on the bureau de change, or on its electronic board, we will see two different prices, the bureau is effectively stating "we buy at this price and we sell at this price." A quick calculation reveals that there is a gap in values and prices there the spread, or the commission. This is perhaps the simplest example of a forex spread that we see in our daily lives.

    ECN orders routed and matched in an electronic configured network. It is a liquid pool of institutional partners providing true market quotes.

    Maximum Trade Size – ECN brokers usually offer much higher maximum trade sizes, as they (at least theoretically) do not have to worry about processing any order through a dealing desk. For example, some dealing desk brokers won’t let you buy or sell more than 5 lots at once. ECN brokers, if they specify maximums, tend to place them at much higher levels.

    Many traditional market maker forex brokers will advertise what they term their "low, fixed, forex spreads", as being an advantage to forex traders. However, the reality is that fixed spreads cannot offer a significant advantage and in many instances may be misleading, given that market makers (by definition) make their own market and a market within a sector in order to benefit their own profitability.

    Forex brokers usually charge a commission on deals by taking part of the bid offer spread, so the tighter their spreads, the more money the trader saves. If your preferred trading strategy is more active than most, then spread margins will be more important for you.

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