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Anybody can recommend a broker for News trading??

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  • #31
    Originally posted by fxrival View Post
    Anybody knows a reliable broker for trading during high volatility especially on news? I'm looking for fixed spread accounts, the lower the better.
    Thanks in advance.
    Robert.
    You need a broker with fast execution and where excessive spread widening is not an issue during news release. Frankly, such broker is hard to find because there are trading strategies like news straddle which in case of decent execution allow to make money relatively easily. Clearly there should be higher market supply and demand coming from such strategies during news release, hence deterioration of execution quality. If you want to try news trading I would suggest to use LD4 VPS with ECN brokers like Tickmill or Hotforex to get speed improvement and have better chances to get filled at better price.

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