Hi,
I’d like to continue to support Tradersway.com MT4 as a “Trusted Broker”.
Quick summary of what I’ve been doing. Had to move my server to Miami,
using a dedicated Xeon box from ServerPronto.com. They have “POPs” or
“points of presence” in Holland, I believe, and MetaTrader 4 Terminals running
on the server report a ping time of about 100 milliseconds to Tradersway’s
MT4 ECN servers.
For Order executions, we are doing things very unconventionally… Using Java
over the NJ4X.com API, a “pool” of MT4 terminal.exe processes is managed to
do the Order Entry. We are seeing very consistent Order Entry times in the
800 millisecond range or faster. Not the fastest, but Tradersway continues
to be (IMHO – in my humble opinion) one of the best “bangs for the buck”
around. 1) good pricing, better than Dukascopy often, 2) high leverages
of 500:1 up to sizeable accounts at least in the $10k range, with good consistency
in response.
[EDIT: for latency sensitive operations, contact the broker, and see
whether better terms are available for your particular trading business.]
So, all in all, a very solid partner. Any rumo(u)rs of “pricing glitches” are definitely
NOT true. I am always comparing them to a Dukascopy feed, so very consistent
from a technical perspective. I have posted their spreads min/avg/max previously.
I have such a huge software infrastructure in this project that we are barely now
starting to ramp up the trading effort. The intrastructure we have coded is able
to “scan” and to simultaneously manage positions across the 28 major Currency
Pairs 24x7. IMHO, again, the use of automation is the only way to achieve
a significant “living wage” off trading; and to sleep at night as well
hyperscalper