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Author Topic: Which broker best to trade news?  (Read 3297 times)

Offline Dr ea

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Which broker best to trade news?
« on: March 10, 2014, 01:26:24 PM »
I am very appreciated that someone share which broker is the best to trade news and spread would not widen so much.
Demo and news are deceiving so does bt results!!

Offline fxtest

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Re: Which broker best to trade news?
« Reply #1 on: March 10, 2014, 01:41:47 PM »
Check Armada Markets.

Offline Dr ea

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Re: Which broker best to trade news?
« Reply #2 on: March 11, 2014, 03:38:41 AM »
Check Armada Markets.

I have not tried armada markets. Thanks for your sharing as I might look into it. So far mm brokers are fine for news trading but in the long run, they would sabotage your account as lot size increase.

Is there anymore potential brokers for news trading other than armada?
Demo and news are deceiving so does bt results!!

Offline expertrader

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Re: Which broker best to trade news?
« Reply #3 on: March 11, 2014, 09:05:41 AM »
I used to trade news in the past and I used many brokers: Oanda, FXCM, Trading Point (now XE Markets), IBFX, Forex.com, Alpari, BMFN, Markets.com, ...

They worked for a short period, but then, some brokers opened their spreads at news times, some brokers were constantly requoting and even I got my trades deleted in one of them.

If you trade news in an ECN broker you will get bad (but real) fills. If a MM broker fills you in good prices, they are losing money so they will do something against you sooner or later, that's why I stopped trading news.

Now I only trade with expert advisors  ;)

Offline forexbaby

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Re: Which broker best to trade news?
« Reply #4 on: March 11, 2014, 09:11:19 AM »
not going to work in the long term. You need to define what is trading news? Scalping or doing buy and sell limit?


Offline Dr ea

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Re: Which broker best to trade news?
« Reply #5 on: March 11, 2014, 09:37:54 AM »
Pre news strategy. It is like volatility break out.

I might wanna look into at fxpig or lmax or dukascopy but lmax and dukascopy min deposit are too high. Can anyone share with three brokers?

So far Rv does not experience huge spread like 10 to 50 pips during news times but they do get bad fills.
Demo and news are deceiving so does bt results!!

Offline expertrader

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Re: Which broker best to trade news?
« Reply #6 on: March 11, 2014, 09:44:18 AM »
Pre news strategy. It is like volatility break out.

I might wanna look into at fxpig or lmax or dukascopy but lmax and dukascopy min deposit are too high. Can anyone share with three brokers?

So far Rv does not experience huge spread like 10 to 50 pips during news times but they do get bad fills.

I have a similar EA and I also was getting bad fills. I think it's because many EAs enter when a new bar opens, and there are many EAs that enter when there is a big EURUSD move.

I've just modified my EA to enter in an "alternative way" to see if I can prevent having this slippage. Let's see how works.

Offline Efx123

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Re: Which broker best to trade news?
« Reply #7 on: March 13, 2014, 09:19:28 PM »
I use Armada Markets and FXCM

Offline Ed Joshue

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Re: Which broker best to trade news?
« Reply #8 on: April 16, 2018, 04:21:45 AM »
It must be a good analyst and a news portal inside brokers system. When I read feedbacks about brokers, a lot of traders said Amarkets is a good choice for trading news

Offline akev

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Re: Which broker best to trade news?
« Reply #9 on: December 21, 2020, 02:04:41 PM »
I use FP Markets for news trading because from what I observed, they are stable even during volatile market movements and did not face any sever freezing issues as well.

Offline drunkfx

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Re: Which broker best to trade news?
« Reply #10 on: January 02, 2021, 12:46:54 PM »
I use FP Markets for news trading because from what I observed, they are stable even during volatile market movements and did not face any sever freezing issues as well.

If you want to avoid issue of platform freezing use proper Mt4 build. Using obsolete build with bugs is the main cause of platform issues. MT4 itself is quite fast and reliable platform. I didn't have a single platform issue with Hotforex since I always make timely updates

Offline Sebastian90

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Re: Which broker best to trade news?
« Reply #11 on: January 09, 2021, 04:57:16 PM »
I trade with FP Markets, and regarding news trading from what I observed in the past few weeks, they have been stable even during high volatile market movements.

No server freezing issues and their execution speed is pretty quick irrespective of any market movements.

Offline drunkfx

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Re: Which broker best to trade news?
« Reply #12 on: February 11, 2021, 04:22:15 AM »
It's hard to find decent broker for trading news because there is a great extent of unpredictability in market conditions which brokers can't fix even with rich ECN model. Brokers offering very good conditions would be quickly occupied by pro traders decreasing quality of their conditions.

Offline HFT Group

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Re: Which broker best to trade news?
« Reply #13 on: February 11, 2021, 01:24:09 PM »
Pre news strategy. It is like volatility break out.

I might wanna look into at fxpig or lmax or dukascopy but lmax and dukascopy min deposit are too high. Can anyone share with three brokers?

So far Rv does not experience huge spread like 10 to 50 pips during news times but they do get bad fills.

LMAX with reduced $1K minimum deposit and discounted commission rate - https://donnaforex.com/index.php?topic=19467.0

Offline drunkfx

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Re: Which broker best to trade news?
« Reply #14 on: February 19, 2021, 07:04:03 AM »
Pre news strategy. It is like volatility break out.

I might wanna look into at fxpig or lmax or dukascopy but lmax and dukascopy min deposit are too high. Can anyone share with three brokers?

So far Rv does not experience huge spread like 10 to 50 pips during news times but they do get bad fills.


LMAX with reduced $1K minimum deposit and discounted commission rate - https://donnaforex.com/index.php?topic=19467.0

yeah it's good but no better than Tickmill or Hotforex, though they used LMAX liquidity for a while in the past.

 

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