Re: now 10K USD account at Dukascopy
I haven't decided yet. It's a tough choice (and a potentially expensive one). One thing is for sure; from now on I want to trade with a "real" broker, one that doesn't trade against its clients and /or plays tricks with the price feed, so no more dealing desk/market-maker for me!
I'm currently looking at Dukascopy/FXOpen, ATC/FXCM, FXcbs, and a few others supposedly "true ECN" like TadawulFX (that one is doubtful; fixed spreads=conflic of interest). The only good thing is that from my location I get very low latency (<50ms) to all of these brokers so execution can be really fast IF the broker doesn't fool around with the trading process (like so many market-maker do with MT4 and the famous Boston Technology Dealer Plug-in)
One question I have for you regarding your live Dukascopy account: while you are probably not a News trader so you may not have done this often (if ever), have you ever tried to open a position right after a big News release (i.e. NFP) when the prices are moving really fast? Any problems getting filled? I’m asking because if Dukascopy can cope with those kind of market conditions, then it’s a really good sign of their reliability.
FXOpen? FXopen? You thought that was a "True ECN", its the worst bucketshop that deletes profitable trades from traders accounts and they have a big record in the past of not paying people and scam reviews.
The only True ECN's or reliable brokers i know of is "Usually i dont believe any broker thats based on internet as a real bank2bank broker"
Dukascopy
Fxdd
Fxcm
Alpari
Fxpro - formerly northfinance
CMS
MBtrading
