Recent content by lovejoy21

If you are trading pennies it's a joke, sorry you've lost me there? The joke is that you expect to place a pending order 1min before NFP and not experience slippage. Calling a broker SCUM because you got slipped is just plain ridiculous and just demonstrates your lack of knowledge of market...

Is this a joke? You placed a pending order 1min before the biggest scheduled news event of the month and you're moaning about slippage... I'd recommend you save your money and quit trading!

Not quite sure what your point is here, I refer to FX as that is what I trade and have experience off in relation to the FX broker market and thus this is what I was comparing them too and what their likely competition is in the FX world i.e. other market makers and not other SB firms. I know...

Not sure what you mean by the text underlined? From my experiences of them they are no worse than other market makers in the FX world in terms of execution and reliability and their spreads are better than IBFX and Alpari UK. You will never get as good reliability and execution with a market...

I of course do not know SLM's business plan, but I would imagine that they would not consider other SB firms their main competition, the very fact that one of their main USP's is the MT4 platform suggests to me that they are competing with other retail market maker forex brokers that offer MT4...

Hi Peter, I totaly get what you're saying and I applaud CMC for taking the step into NDD territory and automatic execution plus no-requotes which (requotes, dealer referral, execution delays) are the most frustrating thing for a trader IMO. Unfortunately due to the nature of the SB industry...

I totally agree with this, I did my own spread analysis (assuming instant fills - and lets face it an ECN is always gonna have better execution than a market maker) and came to the same conclusion - that on the whole you are better of trading via an ECN than trading forex using spreadbetting if...

I don't why people come to this conclusion...gambling is gambling it's black and white...whether it's your sole source of income does not make any difference to whether you profits are taxed or not. Gambling profits in the UK are tax free regardless of how much you profit you make or whether...

Yep, typo thanks for pointing out.

The price on the charts is the ask price...this is pretty common in my experience of MT4 brokers. The spread on AU has always been 3 from when I started using it few months ago. What was your entry order price and at what time? - can then see whether your order was filled as per the price on the...

It's not DMA but it gives you DMA functionality for spreadbetting something I've not seen from any other broker. Maybe CMC will rival them but their spreads are too wide at the moment for FX IMO

If you have a big account then IMO you'd be better of using an EA on an ECN broker for sure....better spreads and execution overcomes the tax advantage of spreadbetting IMO. If you have a smaller account then there is not much difference between using one market maker over another, be a FDX...

I have a account with PS, tohough I've not placed many trades with them yet. Like you said the appeal it's essentially the equivalent of an STP broker so you're not gonna get re-quotes and execution is extremely fast. The lack of mini lots is disappointing though, if they could bring that in...

I just checked this, highest price weas 1.5887, but this is teh ask price, GU has a 2pip spread so the bid price was 1.5889 and as you were selling this is the price that would have stopped you out. Only problem I'm having is at the daily roll over (10pm UK time) where liquidity is low and my...

2 simple trades today on UCHf. Both of them pretty much based on price action...firstly a 1HR BUOB and then a 4HR BUOB...although I would have taken the first trade without the BUOB as the 0.9500 area was looking like it was being solidly defended as it 'should' have been going down when EU was...