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View Full Version : ECN + FapTurbo?


ardor
12-15-2008, 05:49 AM
Do any of the ECNs facilitate MT4 so that we could use FapTurbo?:confused:

ardor

alan
12-15-2008, 08:15 AM
Do any of the ECNs facilitate MT4 so that we could use FapTurbo?:confused:

ardor

Yep, there are a few ECN brokers that support the MT4 platform via special "MT4 to ECN" bridge software

Some of the ECN brokers that I believe support MT4 are:

FastBrokers
ATC Brokers
HotSpotFX
...

I'm sure there are a few other ones that I missed so if anyone else would like to jump in and mention them, please do.

ardor
12-15-2008, 08:07 PM
Thanks alan.

FastBrokers:
Minimum Deposit = $500
Host your robot for free with the remote hosting program.
free to all customers meeting a minimum volume of 50 full lots per month.
Whaddazat mean?
================
ATC Brokers
Minimum Deposit = $3,500
================
HotSpotFX
Minimum Deposit = $7,500
================

JimGoose
12-16-2008, 12:45 AM
Thanks alan.

FastBrokers:
Minimum Deposit = $500
Host your robot for free with the remote hosting program.
free to all customers meeting a minimum volume of 50 full lots per month.
Whaddazat mean?
================
ATC Brokers
Minimum Deposit = $3,500
================
HotSpotFX
Minimum Deposit = $7,500
================

ECN broker with $500 minimum deposit looks good.

i think the free hosting is based on the fact that you must trade 50 lots each month, wherein they rake in plenty of profits through the pip comission alone.

i'd consider this if there were some reviews, because ECN is important for fapturbo, it means the broker can't manipulate spreads when they see you making too much money, and means they don't play as counter party against your trades/trade against you.

alan
12-16-2008, 01:43 AM
ECN broker with $500 minimum deposit looks good.

i think the free hosting is based on the fact that you must trade 50 lots each month, wherein they rake in plenty of profits through the pip comission alone.

i'd consider this if there were some reviews, because ECN is important for fapturbo, it means the broker can't manipulate spreads when they see you making too much money, and means they don't play as counter party against your trades/trade against you.

Guys, just so you don't get bamboozled..the $500 minimum accounts ARE NOT going to be ECN or even ECN style accounts. FastBrokers will forward those accounts to FXDD!

The free EA hosting is a good added service but naturally they're going to make a nice profit from your trading if you typically 50 or more STANDARD lots each month ( I'm pretty sure it says standard on their website hmm..)

sparkz
12-31-2008, 12:25 PM
Has anyone had any experience of an ECN here?

It's difficult to say for sure but from my experience trying out a few demos I wasn't very impressed with the spreads during the FAPT hours.

I can't help feeling that for FAPT type systems, ECN's are a red herring. Sure for regular day time scalping when you get higher volumes and lower spreads.

Any thoughts on this?