FX Broker - 3 pip spread

[Faris]

Hello everyone

Was wondering if anyone has had any good or bad experiences using Commerce Foreign Exchange as there broker?
They offer 3 pip spread on all majors and allow funding in 13 different currencies.
They can be found at http://www.cbfx.com

Happy Trading
Faris..

 

[rog1111]

Sounds good, particularly for GBP traders, but I see that their website says that spreads may widen under certain market conditions. I wonder if it's a fully automatic platform (like FXCM) or whether there's a human element or re-quoting ?

rog1111

Hello everyone

Was wondering if anyone has had any good or bad experiences using Commerce Foreign Exchange as there broker?
They offer 3 pip spread on all majors and allow funding in 13 different currencies.
They can be found at http://www.cbfx.com

Happy Trading
Faris..

 

[saviola]

Hi Guys

As far as i know CBFX charges commision on there trades which combined with the pip spread can work out costly. ACM is commission free and has 3pip spreads on all the majors if that helps.

SAV

 

[JonnyT]

So does a Deal4Free spreadbet account....

JonnyT

 

[Faris]

Thanks for your input guys.
I will probably just stick with FXCM and AC-MARKETS.

Faris..

 

[adrianallen99]

Apex Forex also offer a 3 pip spread, I haven't use them so I can't say if they are any good.

http://www.apexforex.com/

 

[juanbyte]

IB is down to 1-2 points on the EUR/USD

 

[Faris]

Hi everyone

Here is another one which offers 3 pip spread on all majors:
http://www.interbankfx.com/

Faris..

 

[Faris]

Just done a search and found a few more brokers offering 3 pip spreads on majors.

http://www.gfforex.com/
http://www.forexice.com/

http://www.bankforextrading.com/ . This one looks interesting, now need to unravel some info on them.

Faris..

 

[layman]

Thanks for the info guys

 

[Faris]

Does anyone trade through or know anything about http://www.odlsecurities.com/products/forex.htm .

Faris

 

[hopefull]

Torch, hi - Trust your tading is going well with these guys !

Faris - I have been using their demo software over the past couple of weeks and have the trading platform running alongside my live trading one with FXCM, interesting exercise this one...

Observations :

1. Price moves are far more 'erratic' with FXCM compared to CBFX....not a huge issue if you are trading off TF's of 30mins + (maybe....) but v. relevant if your scalping of the 1/5 mins.Pretty much a constant *3 pip spreads on Cable through the day (exceptions are around major news announcements) ...although Torch is in a better position to comment on this as he is 'live' trading with them.

2. Ptatform is straight forward enough - crisp / clear

3. Charts - 3 sources (java based) - good enough for my purposes ..but then I am a man of simple means.

*When you add the commission into the mix the spread on Cable works out at 3.62 pips.


HTH...a little

H

 

[JP1966]

Does anyone trade through or know anything about http://www.odlsecurities.com/products/forex.htm .

Faris

I have used them for the past month - very impressed so far

 

[josbarr]

take a look at prfx
Tightest Spreads - 3-4 pips in the Major Currencies
Free Professional Charting
24 Hour Customer Support

http://www.proedgefx.com/gp_demoreg.aspx?ref=JBAR

 

[Baruch]

I have used them for the past month - very impressed so far

Still using them?