MAIDIN
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Assalamualaikum
saya nak tanya kawan kawan kat sini , sape yg ada pengalaman trading live account di broker ini :
maklumat ttg broker ini adalah seperti berikut :
What Is The Collective FX?
In Summary: We are a group of autotraders who created a Brokerage for ourselves to get the absolute best trading environment.
What is a Pure Trading Environment: In order to succeed as a trader, you need two things. First you need pure prices that are not altered to hunt your stops or alter your results. Second you need the best pricing and spreads. For example, our EURUSD spreads are usually around 1/2 pip wide during normal liquidity times (yes, you read that right, 1/2 a pip wide), and around 1 pip in other times. We pay no additional commissions and members only pay a flat monthly fee to help cover costs.
Why Did We Do It: Frankly, it's the only way to make money trading Forex, on pure quotes and razor thin spreads. Since we couldn't find these prices anywhere else, we decided to create our own Brokerage so we could control and guarantee our pricing. We are all traders here, and we use the exact same spreads and pricing for our own autotrading and system trades. By sharing with other traders, our bargaining power goes up, and we negotiate our spreads down even more.
We've all heard the stories. Brokers stop hunting, causing you to be stopped out, and all the other stuff. Unfortunately it's all true. We've seen the software that does it. And those "Straight Pass Through" brokers are the worst culprits.
Wouldn't it be nice if YOU were the broker? Wouldn't it be nice if YOU didn't have to worry about all that crap because YOU WERE the broker? Wouldn't it be nice if YOU could just focus on your trading?
Guess what. That's where YOU are now. That's what WE are. WE are all just traders here. If you join us, you become one of US ... TheCollectiveFX.
BOTTOM LINE FACTS
Spreads: All pricing is unbeatable and is passed on to you at our cost. EURUSD spreads are from 0-0.5 pips, and USDJPY spreads are from 0-0.6 pips during normal market conditions.
Margin: Margin is 100:1
Platform: Metatrader.
Commission: $0 Per transaction.
Dealing Desk: None.
There is no minimum deposit, but you must have enough to trade and cover your margin. Also your member fees will be taken directly from your account so be sure there is enough.
What are the key differences between The Collective FX and other Brokerages?
The key difference is that we ourselves are traders, and trade everyday on the same system you would. So there is no "us" and "them", it's all "us".
We are in the same boat you are, and we are all working for the same goal which is to constantly lower our spreads by banding together as a collective.
Spreads
A spread is the difference between what you can buy and sell at. Each currency quotes two prices the Ask(your buy price) and the Bid(your sell price). The difference between the two is the amount that you need to earn before your trade becomes profitable.
In the main trading sessions our typical EURUSD spreads are in the average range of around 0.5 pips. This is the average and by watching the spreads for yourself you will see the spreads even get as low as 0.
In other times the EURUSD spread may average around 1.1 pips or so. Again, you can check this for yourself.
Depending upon your level of experience the spread may or may not appear significant. However, please take our word for it that the spread is a huge factor when trading and trading with the thinnest spreads possible is vital.
Here at The Collective FX we are constantly striving to reduce the spread by renegotiating our arrangements with the various large Banks and Liquidity providers.
When looking at the prices flashed up on the MT4 platform its very difficult to visually eyeball the spread, the prices simply move too fast. To overcome this and to help you see how tight our spreads really are we've created a simple 'Expert Advisor' or 'EA' as they are known. This EA simply plots the current spread on the chart that it is applied to. As well as doing this it saves the complete price information for that quote to a file for your review later.
You can download the free 'ShowSpreads' EA here.
Here is a tiny snippet of the data collected using this EA.
SymbolName, AskPrice, BidPrice, Spread, TimeStamp
EURUSD_fx,1.34940000,1.34935000, 0.50 ,3/25/2009 14:09:49
EURUSD_fx,1.34944000,1.34940000, 0.40 ,3/25/2009 14:09:50
EURUSD_fx,1.34942000,1.34935000, 0.70 ,3/25/2009 14:09:52
EURUSD_fx,1.34942000,1.34940000, 0.20 ,3/25/2009 14:09:55
EURUSD_fx,1.34938000,1.34935000, 0.30 ,3/25/2009 14:09:56
EURUSD_fx,1.34935000,1.34935000, 0.00 ,3/25/2009 14:09:57
EURUSD_fx,1.34933000,1.34930000, 0.30 ,3/25/2009 14:09:58
EURUSD_fx,1.34931000,1.34930000, 0.10 ,3/25/2009 14:09:59
EURUSD_fx,1.34928000,1.34925000, 0.30 ,3/25/2009 14:10:02
EURUSD_fx,1.34930000,1.34930000, 0.00 ,3/25/2009 14:10:03
EURUSD_fx,1.34930000,1.34925000, 0.50 ,3/25/2009 14:10:06
EURUSD_fx,1.34930000,1.34930000, 0.00 ,3/25/2009 14:10:07
EURUSD_fx,1.34928000,1.34925000, 0.30 ,3/25/2009 14:10:07
EURUSD_fx,1.34927000,1.34920000, 0.70 ,3/25/2009 14:10:08
EURUSD_fx,1.34928000,1.34920000, 0.80 ,3/25/2009 14:10:08
EURUSD_fx,1.34922000,1.34915000, 0.70 ,3/25/2009 14:10:09
Spreads are in bold. Please notice that even in this tiny example there are a couple of spreads at 0.
You can apply this to any chart within MT4, not just using our platform.
Please feel free to use it with your existing Broker, it really does make the comparison easier.
We really believe our spreads are the best out there, yet we are still striving to reduce them.
saya nak tanya kawan kawan kat sini , sape yg ada pengalaman trading live account di broker ini :
TheCollectiveFX
TheCollectiveFX.com
maklumat ttg broker ini adalah seperti berikut :
What Is The Collective FX?
In Summary: We are a group of autotraders who created a Brokerage for ourselves to get the absolute best trading environment.
What is a Pure Trading Environment: In order to succeed as a trader, you need two things. First you need pure prices that are not altered to hunt your stops or alter your results. Second you need the best pricing and spreads. For example, our EURUSD spreads are usually around 1/2 pip wide during normal liquidity times (yes, you read that right, 1/2 a pip wide), and around 1 pip in other times. We pay no additional commissions and members only pay a flat monthly fee to help cover costs.
Why Did We Do It: Frankly, it's the only way to make money trading Forex, on pure quotes and razor thin spreads. Since we couldn't find these prices anywhere else, we decided to create our own Brokerage so we could control and guarantee our pricing. We are all traders here, and we use the exact same spreads and pricing for our own autotrading and system trades. By sharing with other traders, our bargaining power goes up, and we negotiate our spreads down even more.
We've all heard the stories. Brokers stop hunting, causing you to be stopped out, and all the other stuff. Unfortunately it's all true. We've seen the software that does it. And those "Straight Pass Through" brokers are the worst culprits.
Wouldn't it be nice if YOU were the broker? Wouldn't it be nice if YOU didn't have to worry about all that crap because YOU WERE the broker? Wouldn't it be nice if YOU could just focus on your trading?
Guess what. That's where YOU are now. That's what WE are. WE are all just traders here. If you join us, you become one of US ... TheCollectiveFX.
BOTTOM LINE FACTS
Spreads: All pricing is unbeatable and is passed on to you at our cost. EURUSD spreads are from 0-0.5 pips, and USDJPY spreads are from 0-0.6 pips during normal market conditions.
Margin: Margin is 100:1
Platform: Metatrader.
Commission: $0 Per transaction.
Dealing Desk: None.
There is no minimum deposit, but you must have enough to trade and cover your margin. Also your member fees will be taken directly from your account so be sure there is enough.
What are the key differences between The Collective FX and other Brokerages?
The key difference is that we ourselves are traders, and trade everyday on the same system you would. So there is no "us" and "them", it's all "us".
We are in the same boat you are, and we are all working for the same goal which is to constantly lower our spreads by banding together as a collective.
Spreads
A spread is the difference between what you can buy and sell at. Each currency quotes two prices the Ask(your buy price) and the Bid(your sell price). The difference between the two is the amount that you need to earn before your trade becomes profitable.
In the main trading sessions our typical EURUSD spreads are in the average range of around 0.5 pips. This is the average and by watching the spreads for yourself you will see the spreads even get as low as 0.
In other times the EURUSD spread may average around 1.1 pips or so. Again, you can check this for yourself.
Depending upon your level of experience the spread may or may not appear significant. However, please take our word for it that the spread is a huge factor when trading and trading with the thinnest spreads possible is vital.
Here at The Collective FX we are constantly striving to reduce the spread by renegotiating our arrangements with the various large Banks and Liquidity providers.
When looking at the prices flashed up on the MT4 platform its very difficult to visually eyeball the spread, the prices simply move too fast. To overcome this and to help you see how tight our spreads really are we've created a simple 'Expert Advisor' or 'EA' as they are known. This EA simply plots the current spread on the chart that it is applied to. As well as doing this it saves the complete price information for that quote to a file for your review later.
You can download the free 'ShowSpreads' EA here.
Here is a tiny snippet of the data collected using this EA.
SymbolName, AskPrice, BidPrice, Spread, TimeStamp
EURUSD_fx,1.34940000,1.34935000, 0.50 ,3/25/2009 14:09:49
EURUSD_fx,1.34944000,1.34940000, 0.40 ,3/25/2009 14:09:50
EURUSD_fx,1.34942000,1.34935000, 0.70 ,3/25/2009 14:09:52
EURUSD_fx,1.34942000,1.34940000, 0.20 ,3/25/2009 14:09:55
EURUSD_fx,1.34938000,1.34935000, 0.30 ,3/25/2009 14:09:56
EURUSD_fx,1.34935000,1.34935000, 0.00 ,3/25/2009 14:09:57
EURUSD_fx,1.34933000,1.34930000, 0.30 ,3/25/2009 14:09:58
EURUSD_fx,1.34931000,1.34930000, 0.10 ,3/25/2009 14:09:59
EURUSD_fx,1.34928000,1.34925000, 0.30 ,3/25/2009 14:10:02
EURUSD_fx,1.34930000,1.34930000, 0.00 ,3/25/2009 14:10:03
EURUSD_fx,1.34930000,1.34925000, 0.50 ,3/25/2009 14:10:06
EURUSD_fx,1.34930000,1.34930000, 0.00 ,3/25/2009 14:10:07
EURUSD_fx,1.34928000,1.34925000, 0.30 ,3/25/2009 14:10:07
EURUSD_fx,1.34927000,1.34920000, 0.70 ,3/25/2009 14:10:08
EURUSD_fx,1.34928000,1.34920000, 0.80 ,3/25/2009 14:10:08
EURUSD_fx,1.34922000,1.34915000, 0.70 ,3/25/2009 14:10:09
Spreads are in bold. Please notice that even in this tiny example there are a couple of spreads at 0.
You can apply this to any chart within MT4, not just using our platform.
Please feel free to use it with your existing Broker, it really does make the comparison easier.
We really believe our spreads are the best out there, yet we are still striving to reduce them.
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