Australian (ASX) Stock Market Forum

ECN broker with MT4

>Apocalypto<

20.03.2012
Joined
2 February 2007
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Wanted to make all the ASF members aware of ATC Brokers.

http://www.atcbrokers.com/

I don't work for them nor do I get anything from giving them a plug. I think they're special and should be made known about as they are to my knowlage the first and only true ECN broker that offers the feed on Metatrader 4

Based in California USA they're a white label for HotSpot FX. ypou're trading and seeing Hotspots feed. I am using their demo and this will be my next broker after Alpari.

Upside ECN straight though no dealing desk, interbank spreads, $3500US min to open account. Can trade mini contracts (not sure yet how that works on the interbank) Downside $4 a side brokerage a bit high but if you're not a scalper then little impact. Not as fast order execution as I would have expected.

Working on bank spreads on high times give u 0 spreads (EUR/USD) but low times expect higher as you're not with a MM anymore.

all the best.
 

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Joe,

Would this mean an MT4 with no requotes?

Looks good if so.

cheers

I have never had a requote while I have used the demo.

But that said I have never put though an order that was under a 100KStandard.

Hey Bent must say nice team work on that everyonerich..... how did you find his posts on that wealth site? I was sus as hell on him.

:xyxthumbs
 
Why not deal with HotspotFX

No-requotes

Depth of market

Hedging capability

One-click dealing

Complete anonymity

Place your own bids and offers

Online Reporting Module

Automated order execution. No dealing desk.

Market, Limit, Stop, OCO and Trailing stop orders
 
Why not deal with HotspotFX

No-requotes

Depth of market

Hedging capability

One-click dealing

Complete anonymity

Place your own bids and offers

Online Reporting Module

Automated order execution. No dealing desk.

Market, Limit, Stop, OCO and Trailing stop orders

well in a way you're dealing with Hotspotfxi.

main reaon is ATC offers minis METATRADER4.

Hotspot are working on MT4 once done i will be with em for sure due to their commissions are very good.

Hotspot have the worst platform dull bank platform. plus 7K us to open an account and no minis. lowest is 100K lot.

all really depends on what u need.
 
Oh ATC offers xtrader too.Does look the goods on further inspection.

X-trader is only for Futures though, no good for spot.


Hey Bent must say nice team work on that everyonerich..... how did you find his posts on that wealth site? I was sus as hell on him.

Google :p:

I have never had a requote while I have used the demo.

They would scare off customers if they did requotes on demo.....that is why no demo will have requotes.

Regarding this broker, why do they have on the webpage... "offical release date mid July 2008"???
 
Try MT4 with Australian broker Forex FS www.forexfs.com.au

you're not an ECN you're just another market maker

what's with the minimums to open accounts I can get better spreads from other Australian brokers on no minimum.

I see at 100K you offer 1-3 would that be on currenex. in low liquidity times can u guarantee the 1-3 pip spreads or will they expand?

you have MT4 a plus. I would not join with u as I can go to Gomarkets for a dealing desk with under 10K and use MT4 with 2 pips on EUR/USD. plus get the same leverage
 
you're not an ECN you're just another market maker

what's with the minimums to open accounts I can get better spreads from other Australian brokers on no minimum.

I see at 100K you offer 1-3 would that be on currenex. in low liquidity times can u guarantee the 1-3 pip spreads or will they expand?

you have MT4 a plus. I would not join with u as I can go to Gomarkets for a dealing desk with under 10K and use MT4 with 2 pips on EUR/USD. plus get the same leverage

served
 
what's ATC's working capital?

ill pay a pip or two extra if the company is well funded. i want my trading earnings paid out.
 
what's ATC's working capital?

ill pay a pip or two extra if the company is well funded. i want my trading earnings paid out.

Entering Forex with caution after being burnt by the stock market. Talking about great timing, burnt by the bear market.

Anyway, what are the companies to avoid with issues not paying out ???

Am really needing to earn something on a regular basis, been living on debt for the past year or so ???

Any kind mentor with great trading record to start me off ?

I am wondering about ECN style companies. I am wary after experiences with some market maker, starting with C which I am sure many have gone though the same thing. After some research after, lots of people going through the same issue. I had a few dodgy trade. Once I successfully appealed. I did not do anything and a trade was made !!!

Geez, why people do things like this ??? It is hard as it is to make a living off such profession as a trader. Why don't they just make it a fair system for everybody to get involved in ?

Anyway, enough of the rants. So, I am wondering if there are companies offering ECN with no monthly data fees etc ??? I wanna try to lower my monthly expenses as low as possible while I learn. Of course I can try the demo but it is not the same thing when the monies are on the line ???

I just want to try out with 10k, not any more to start with.

Thanks in advance.

Cheers
 
MB Trading will be launching MT4 soon aswell... $5 one way per $100,000 contract for USD cross pairs... equivalent to 1 pip for both ways... supposedly thats pretty high tho for an ECN... but surely if you save a few pips on spread, you can afford to pay 1 pip?
 
OandA.

they dont offer MT4 but they have the lowest transaction costs, ive never had a drama with them manipulating prices or the like and always pay out.

they have excess capital of $160USD million.

for retail traders i dont think there is a better broker.
 
OandA.

they dont offer MT4 but they have the lowest transaction costs, ive never had a drama with them manipulating prices or the like and always pay out.

they have excess capital of $160USD million.

for retail traders i dont think there is a better broker.

Agree with Stormin about Oanda, very professional bunch, i think they almost want you to trade well, they provide that many resources.

Cheers,


CanOz
 
MB Trading will be launching MT4 soon aswell... $5 one way per $100,000 contract for USD cross pairs... equivalent to 1 pip for both ways... supposedly thats pretty high tho for an ECN... but surely if you save a few pips on spread, you can afford to pay 1 pip?

Ok... do they provide the data feed etc ?

OandA.

they dont offer MT4 but they have the lowest transaction costs, ive never had a drama with them manipulating prices or the like and always pay out.

they have excess capital of $160USD million.

for retail traders i dont think there is a better broker.

cool, what software do we need to use if they are not offering MT4 ? Based in Australia, Brisbane, how easy is it to apply for an account ?

Agree with Stormin about Oanda, very professional bunch, i think they almost want you to trade well, they provide that many resources.

Cheers,


CanOz

What resources ???

Thanks
 
Ok... do they provide the data feed etc ?



cool, what software do we need to use if they are not offering MT4 ? Based in Australia, Brisbane, how easy is it to apply for an account ?



What resources ???

Thanks

Wow !!! Read some not so pleasant experiences gained from Oanda and MB Trading ?? Is there any honest online broker in forex without fraudulent activity at all ? should I give up on this idea ???

Any fair broker with honest system at all ???

Thanks
 
Wow !!! Read some not so pleasant experiences gained from Oanda and MB Trading ?? Is there any honest online broker in forex without fraudulent activity at all ? should I give up on this idea ???

Any fair broker with honest system at all ???

Thanks


go to forexpeacearmy got heaps of reviews.... MB's bad reviews from what i read is to do with their naivgator platform
 
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