fxcm ke interbank ok

[mj12]

mana ok hah kawan2..fxcm ke interbank kalau nak buka account?..pendapat?:-?

 

[hamano]

aku tengok form kat interbank..mcm complicated jer

 

[ammar5]

aku vote for interbank coz aku guna IBFX......

 

[ndzul01]

Klau minat utk customised indis pilih IBFX klau nak guna apa yg telah disediakan ajer.. guna FXCM...

 

[lionel.leo]

klu dr segi account, elok FXCM.. tp dr segi platform utk guna indi, mmg lah meta4 best gune. tp chart IBFX xbest.. xcantek. chart NF or FxPro lg cantek.. klu aku lah.. aku prefer NF/FxPro dan FXCM..IBFX stakat aku alami dan kwn2 aku.. mmg xbest.. yg pki IBFX tu jgn trase.. tp tu pengalaman aku je. korang nye pengalaman mungkin berbeza kot.

 

[sweezer]

no comment tp apa kata cuba guna dedua dulu pastu buat la pilihan sendiri

 

[PipsManiac]

IBFX

 

[mynor5535101]

Fxcm

mana ok hah kawan2..fxcm ke interbank kalau nak buka account?..pendapat?:-?

Forex Brokers

Foreign exchange (Forex/FX) is not traded on an exchange, which means that prices you see and get from one broker could vary from those of another broker. There are mainly two types of brokers: one type is an ECN (Electronic Communication Network) and another a Market-Maker.

Market-makers ‘make’ or set the prices on their systems based on what they think is best for themselves as the counter-party. This is because every time you sell, they must buy, and when you buy, they must sell to you. This is why they can give you a fixed spread since they are setting both the bid and the ask price. Many of them will then try to ‘hedge’ or ‘cover’ your order by passing it on to someone else; however, some may decide to hold your order, and thus trade against you. This can result in a conflict of interest between the retail trader (you) and the market-maker.

ECNs, on the other hand, pass on prices from several banks and market-makers, as well as from the other traders in the ECN, and display the best bid/ask prices based on these input. This is why sometimes you can get no spread on ECNs, especially in very liquid currency pairs. How do ECNs make money then? They do so by charging you a fixed commission for each transaction.

Here are some pros and cons of ECNs and market-makers:

Market-Makers

Pros:

* Usually give free charting software and news feed
* Prices can be ’smoother’ and less volatile than ECN prices (this can be a con if you are scalping or trading very short term)
* Often have a more user-friendly trading and analysis interface

Cons:

* They may trade against you. In that case, there will be a conflict of interest between you and them
* The price they offer you may be worse than what you could get on an ECN
* It is possible that they may trigger stops or not let your trade reach your profit target levels by manipulating prices
* During news, there will usually be a large amount of slippage; their systems may also lock up or not allow order placing during times of high volatility
* Many of them discourage scalping and put scalpers on ‘manual execution’ which means their orders may not get filled at the price they want

Examples of some market-makers:
Forex.com
FXsol
ACM
Oanda
Global Forex Trading (GFT)
FXDD

ECNs

Pros:

* You can usually get better bid/ask prices since they come from several sources
* Variable spreads between bid and ask may give no spread or tiny spreads at times
* If they are a true ECN, they will not be trading against you but will pass on your orders to a bank or another customer on the other end of the transaction.
* You will be able to offer a price between the bid and ask with a chance of it getting filled
* If they support Stop-Limit orders, you can prevent slippage during news by making sure that your order either gets filled at the price you want or not at all
* Prices may be more volatile which will be better for scalping

Cons:

* Many do not offer integrated charting
* Many do not offer integrated news
* Many of the trading platforms are less user-friendly
* Because of variable spreads (between bid and ask,) it may be more difficult to calculate stop loss and profit target in pips beforehand.

Examples of some ECNs/STPs (Straight Through Processing)*:
MB Trading
Hotspot FX
Interactive Brokers
FXCM

* Some of them may not be true ECNs or STPs, and you may be going through a dealing desk. It is impossible to verify for sure because of the lack of regulation governing forex brokers.

It is important that you carefully look into the pros and cons of each broker before choosing the one which best suits your needs. You may also wish to have several broker accounts to mitigate the risks, and so that you can compare bid/ask prices and trade on the broker with the best prices for the direction you wish to trade. Because of the unregulated nature of forex, US brokers are not required to keep your money in an untouchable account that only you can have access to if they were to collapse. As customers of Refco (was one of the world’s largest brokers) found out, their unprotected accounts made them unsecured creditors, and thus are less likely to get their money back than those who had given secured loans to Refco. What this means is that the customers’ money was used to pay other creditors. It may not be a bad idea to deposit as little money with your broker as you need for trading, and withdraw your profits when they exceed a certain amount. Keep the rest of your trading capital in your own bank accounts which are probably government-insured.

Petikan artikel dari http://www.gracecheng.com/forex/forex-brokers/

 

[za_xc03]

Ni aku dapat dari FXCM :-

The No Dealing Desk version allows retail traders to trade around news events, scalp the market, and can offer spreads as tight as 1 pip. Along with execution benefits, the No Dealing Desk account option provides hedging capabilities and positive rolls regardless of your margin level—which can be set as low as 0.5% on Mini or 100K accounts. The No Dealing Desk account option will give you the ease of use of the FX Trading Station with the execution and flexibility that a high frequency trader needs.



We have been able to leverage our relationships with several of the largest banks in the world, to give you access to top-tier bank prices. You will notice some immediate benefits, such as:



· The ability to trade in and out of positions rapidly, without restrictions.

· Hedging capabilities to buy and sell the same currency pair at the same time.

· No intervention from a dealing desk confirming your trades.

· Rapid execution even during volatile market conditions.

· No restrictions on entry orders prior to news events.

· Positive rolls regardless of your margin level

· Anonymity: Banks will only see that FXCM has an order in the market whenever you enter a trade. The banks do not know your stop, limit, or entry orders.



There are differences in the quoting of the currency pair prices and execution. Here are some things you will want to be aware of:



· With multiple banks quoting, the spreads can vary. On average the spreads will be tighter, but under certain market conditions you can find the spreads may widen. You can find a list of typical spreads here: http://www.fxcm.com/spreads.jsp

· Market orders and Stops (Entry & Exit) are subject to next best pricing. Although the liquidity available is significant, there still is the possibility of slippage.

· If your price on a stop order has been reached over the weekend, it will become a market order once the market opens at 5:15 PM (Eastern Standard Time) EST on Sunday. Limit orders will only be executed at the price you requested.



Even with this new style of execution you will still have all the advantages of being an FXCM client. You will still be able to call in to place trades, customize your leverage, and you will still have the peace of mind added through FXCM’s no debit balance policy.



To learn more, visit http://www.fxcm.com/execution-advantage.jsp

 

[ervinsamuelfx]

Sometimes we look some user reviews fxcm is not a good broker! But i don't find anything to say fxcm is a bad broker!