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HLM (our member) is currently using EFX (just bought out by MBTrading) which offer full charting services plus it's an ECN provider. I plan on migrating to them eventually if MBT don't plan on rolling out charting soon.
This actually brings me to the next question: how does one get an idea when volume with a retailer becomes a problem and need to go to a higher tier fx broker? 10, 50 or 100 standard lots a trade? |
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Torero-
It isn't about the 10, 50 or 100 for me personally. It is about getting a more level playing field at an ECN and getting out of the bucketshops. They (bucketshops) are great to learn or have all the bucketshop tricks played on you when you were new and didn't know better. When you really get to know how dirty that world is- and you have NOT been burned YET, you ahem... close out the trade, bank your $ and walk
I heard about the buyout- wondering if with the buyout the company will become more MBT or EFX? The demo I did with EFX 6 months ago was good- I just had a hard time alt+tabbing from a charting package to an order entry platform. Probably more of a personal comfort zone issue than an issue with the platform or spreads (which were pretty decent 1 and 2 pips) I know in my head I was saying "uhh this is new, its uncomfortable.. ahh screw it, back to MT4 we go." My ultimate goal is to completely upgrade my PC and get a dual monitor system- then I won't care if I have two "platforms" running, I can look left and trade right.
CW-
Yup, this is the knowledge I seek. The answer to my question may be- "I have used "XYZ's ECN platform- no charting package but I use "ABC" for my charting and datafeed" or as you stated that "XYZ broker has charting software- but it sucks"
Very helpful gentlemen. Thank you!
Sledge