Not the spot FX market. That is with FXCM
I have two futures brokers. I use Ninjatrader and my broker with that platform is with Dorman Trading in Chicago. That account I use to day trade. My second account I use Track N Trade and my broker with them is Gain Capital again in Chicago. With that account I position trade mostly with options.
Have a good trading week.
Blackduck
No thatâs not possible! The worst that can happen is that the broker makes a trade against you, this I believe is normally what market makers do. Always better to go for pure ECN account brokers like Fxview or FP Markets.
Hi. Please go through the thread below.
Make me laugh. Blind leading the blind. Read cobber. Read the fine print.
âCFDs offered by FXView are off-exchange transactions (i.e. over-the-counter). The trading
conditions are set by us (in line with the trading conditions received by our liquidity providers),
subject to any obligations we have to provide best execution, to act reasonably and in
accordance with our Client Agreement and with our Summary Best Interest and Order
Execution Policy. Each CFD trade that the Client opens through our Trading Platform results in
the entering of an Order with FXView; such Orders can only be closed with FXView and are
not transferable to any other person.â
Brokers with a good reputation will never manipulate trades since they have goodwill and wouldnât want to lose their clients. Always research and compare before selecting any broker and avoid market makers rather go for ECN
I use MT5, all in one for cryptos, forex, indicesSame here, switched to MT5 when I started trading indices and stocks as well.
Although I trade only forex but from the beginning of my trading career with fxview I thought of using MT5 only because you never know when you might need to diversify. For this very reason I recently opened one more account with robinhood. I do not want to have any limitations.
That sounds about right. Getting used to an interface can take time.
When itâs a completely different platform then yes, but from MT4 to MT5 shouldnât be that big a thing.
If your broker has a dealing desk, they may setup a trade that can go against you, it is always better to go with brokers that have no dealing desk or they are called as ECN brokers.
I donât think that something like that will ever happen. Though your broker can trade against you, they cannot manipulate the trading platform. If you have such doubts, you can trade with ECN brokers who maintain transparency throughout your trades and never trade against you.
I donât think a broker can manipulate MT4 unless youâve chosen to trade with a broker who doesnât comply with the trade regulations.