I want to give CCM a fair chance, but here’s what I see just
casually commenting. I’ll post some stats on spreads later,
but looking at GBP/JPY for example, CCM’s Bid/Ask spreads
appear to be 2-3 times wider than TradersWay. This is as
poor as Tallinex from which the account originated.
[EDIT: I think I made a mistake and their leverage offer is 500:1 which is OK]
Their leverages on the “Standard” account are XXX:1 and I
believe that to be competitive, they need to double that.
Their minimum funding, if it is $2000 is excessive, so they
will need to be flexible on that, and permit testing at levels
of $100 or less.
Their restrictions on minimum lot size 0.10 with increments of
0.01 above that, mean I will have to recode portions of my
software.
I haven’t tested Execution Latencies or Consistency, and I won’t
unless I can do it with $100 or so in the Live account. I won’t
test such things against a DEMO account.
I DON’T SEE THEM BEING COMPETITIVE, BUT IF A REPRESENTATIVE
FROM CAPITAL CITY MARKETS WANTS TO COMMENT, THEN
LET’S ALL LISTEN.
hyperscalper