Anybody can recommend a broker for News trading??

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 got to be extremely careful with selection of broker with news. I have suffered quite a lot for this way especially with Instaforex given they had horrible rule of news trading where we can get only 10% while rest are profits is taken away!

Instaforex is a scam man, I'm fed up with this buckethshops really.

Currently I'm trying Pepperstone and Hotforex both are doing really great, also deposit amount should be calculated carefully to stay alive in the long run :)

Anybody can recommend a broker for News trading

 

Hello Can someone tell me of a good broker for trading news that accepts US clients? it seems some of the possible good ones wont widen spreads to 30 for news spikes or have "slippage" or platform freezing for seconds during news dont accept US clients

I don't think any brokers are that good for news trading. Spreads usually grow too much for any profits to be made

FxPro, HotForex are two good brokers for scalping or news trading. The slippage are very minimal during news release.

TRY: http://turnkeyforex.com/

 

ultra tight spread and biggest volume in fx industry and lowest commision

 

http://www.myfxbook.com/forex-broker-volume

Are you IB or representative there?

Most brokers suck for news trading. I'm not sure HotForex is a good one. I find there is a lot of slippage around news trading. IC markets are OKish

Slippage is common and normal on Forex when it comes to news trading. just the amount of pips on slippage is either ok or not ok :)

I don't know why the author should trade on the news at all, I think it's very risky idea first of all because of the high spread, second of all because of the market's unpredictable behaviour during the news.

Trading the news can be quite risky but there can be big rewards when the price moves 50 pips in a couple of seconds. So difficult to get a good broker though (hence the thread). I have used HotForex around news time with moderate success

I don't know why the author should trade on the news at all' date=' I think it's very risky idea first of all because of the high spread, second of all because of the market's unpredictable behaviour during the news.[/quote']

 

Spreads and execution is a part that a broker should deal with. News time give you a trading edge as you know precise time when the action starts, the problem is only to give it right interpretation.

News trading is very very risky.

News trading is very very risky.

 

Risky but extremely rewarding. Whipsaws are main enemy, I found solution for slippage but market manipulations or getting around with it is out of control

I'm trading on Forex for several years and had many different brokers. I got an advice to try Amarkets from a friend, and didn't regret. Good company with solid trading conditions.

There is this new broker company called Exclusive Capital. I've been trading with them for a couple of months now and they have very good fundamental and technical analysts. Their head analyst is a veteran trader with more than 25 years of experience whom I personally met, so I think you should give them a try. Check out their website.

You may be interested in Russian brokers that are suitable for your needs see here - http://obrokerah.ru/ and here - https://trade-leader.ru/forex . ;)

Have you tried ICmarkets ? Just trade a few minutes after news, so that spreads are normal

Due to the high volatility of news trading, traders have to be careful when placing a trade. As for the instaforex rule that 10% will be taken away, I don't understand it. 10%? What for? Its a really **** rule, I am thankful i never got to use them for news trading. When trading the news, I prefer the after news trade, since I use a broker allowing news trading, it is easier to execute trades and I get to keep the profit. I use this broker https://tenkofx.com

Have you tried ICmarkets ? Just trade a few minutes after news, so that spreads are normal

 

Yeah IC Markets are good and their spreads are acceptable except of Gold and a couple of there volatile instruments which I trade on Hotforex.

Even though brokers have very similar business model i believe execution speeds differ from broker to broker?

 

What is your review of execution speeds with FP Markets, in their website they advertise less than 40ms, does this apply even during news trading?

 

 

It's great broker but I would rather go with Hotforex or Tickmill since they are ECN brokers. FP markets failed to pass my proprietary speed test (execution during NFP release)

Atom8 was the best broker for news trading while they existed. I'd try Blackbull Markets now.

It's great broker but I would rather go with Hotforex or Tickmill since they are ECN brokers. FP markets failed to pass my proprietary speed test (execution during NFP release)

 

Tickmill is the biggest scammer....stay away from them...

Looking for an reliable broker to trade with no spread widening issue even during high volatile especially on news.

 

Fixed spread accounts is what I'm looking for, the lower the better.

 

it'll be tough to find something like that, but I trade with intereactivebrokers and Forex.com they seem to be ok