
There are two types of foreign brokers. Trading brokers and ECNs the table. Most brokers are negotiating tables.
And that ’s not a good thing.
An ECN has no middle man. Only spend your order fully to banks, and your order is filled. Just like that. Overheads are very small and all that. Only linked to the major banks, and their orders, and pushed to the right completely. Work the meat without fat.
However, a table of treatment for each order. Sometimes don ‘t pass us completely to the banks. Only match-up in itself. They can also change to meet you, meaning the ’s in their best interest for you to fail.
Have full control over their orders. And if something causes you to your table-processing software, will stop each of his orders and will review it manually. This can make you miss the crucial price movements. In fact, they sometimes do this just so that you lack certain movements in the price.
Now, that said the brokers negotiating the table is nice. I mean, give you the software fresh and all that for free. You do not get an application for the implementation of free maps from a broker, ECN. Just not going happen. Don ‘t of the tear out of you enough to be able to give you the material free.
Ok, that said, what is the solution?
This is how I do. I open two clients. I have a table of treatment with (a client with real money and all that). The other customer is with the NEC. That ’soo I return to.
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