Broker FOREXONE - 2pips FIXED Spreads EURGBP & EURCHF - FAPTURBO Team pls READ

[brc021]

Hi Everbody, and especially FAP TURBO developers Steve, Mike, Uli,

please read this message.

I would like to draw your attention on the Switzerland Broker "FOREXONE" (http://www.forexone.ch).

Their brokerage is based on their own trading platform "FXInfinity TradeMonster"
which is however also capable of supporting automatic trading systems in EasyLanguage, MQL4 and Visual Basic.

Their major advantage to me are (permanent) FIXED SPREADS of just 2 pips on EURGBP and EURCHF for example.
This would be a great advantage for the scalping strategy of Fapturbo.

Here is a short excerpt of their conditions and platform technology :

Conditions
Fixed 1.70 pip spread in EUR/USD and USD/JPY
Fixed 2.00 pip spread in EUR/JPY, EUR/CHF, EUR/GBP, USD/CHF, GBP/USD and AUD/USD
Narrow spreads across all currency pairs, as well as gold and silver
No additional transaction fees
No additional ticket fees or commissions
Consistent margin
No slippage

Technology:
Automatic trading systems (EasyLanguage, MQL4, Visual Basic)
One-click trading
Live chat with the trader#
Quotations on tenth part pips
Able to support interfaces (API, FIX)
Real-time account balances
Multi-manager tool
Hedging is possible
Reporting via e-mail
Individual platform design
Definable hot keys

The platform can be downoaded as demo from their website.

RecentlyI talked to one of their support staff, Mr. Kallmeyer,
and questioned him how about the usage of commercial EAs like FAPTURBO on their platform

The result was, that he affirmed to me he would be happy to have FAPTURBO users on Forexone,
they had no issues with any scalpling EAs , however as the platform does not support compiled EA files (.ex4) only open MQL files, they would need to get the MQL version of the EA which they then could "host" on their server to allow authorized users to trade with it. (at least this is how I understood it, frankly I am not an expert on the technology part)

He strongly encouraged me to get him the contact to the FAP TURBO developers, so Forexone and Fapturbo team could discuss possible ways of co-operation.

For me it is definitelly worth to consider this broker, due to the low fixed spreads also during
the trading times of Fap Turbo scalping strategy. To my knowledge neither any regular MT4 broker nor any ECN+Mt4 broker like ATC are offering comparable conditions at the time beeing.

Also their platform seems to have some more technological advantages over MT4, for example very fast trade execution in real trading conditions.

Only disadvantage I could find so far is that the minimum deposit for a real money account is EUR 5000.

As I do not have any e-mail of of FABTurbo team available and would not like to direct Forexone to
the support e-mail of Fabturbo (in my case I never received any answer on any email sent to this e-mail ID)
I would kindly like to ask Fabturbo team (Steve, Mike or Uli) to get in touch with MR. Kallmayer to discuss on a possible co-operation.




Best regards,

Michael

[clolab]

reade review here:
http://www.forexpeacearmy.com/public/review/www.forexone.ch

also dont think fapturbo peaple will give away that file

[sparkz]

...
Their major advantage to me are (permanent) FIXED SPREADS of just 2 pips on EURGBP and EURCHF for example.
This would be a great advantage for the scalping strategy of Fapturbo.
...

Are you sure about that. I just tried their demo and found variable spreads on EURCHF between 2 and 14, EURGBP didn't have any prices at all and GBPCHF was between 7 and 19.

I didn't particularly like their interface either. Very confusing. They've tried to make it too flexible and the end result is that it's quite tricky to setup. On top of that there seems to be a few bugs and in the data too. I saw a very weird bar on GBPCHF which had a close which was 3600 pips out! (M1 04/01 23:27).

I couldn't see anything about running EAs though. I guess that's only done on their web site and not in FXInfinity?

I must admit, if I had an EA which proved to be a real earner. The last thing I'd do is give the source to someone else. Can't see FAPT giving them the source either unless they do when they think they've got the most out of FAPT.

[OmegaFire]

Could'nt agree less with Sparkz. The Platform is downright confusing and despite choosing the English version, it still had all the menu in Swiss. Im not sure about the fixed Spreads thing and as for using an EA, I was thinking of uploading and trying out Zanwonton's Free EA for EUR/USD (