STP or Market Maker?

Mar 21, 2014 at 21:23
Przeglądane 1,038
14 Replies
Uczestnik z Mar 18, 2014   3 postów
Mar 21, 2014 at 21:23 (edytowane Mar 21, 2014 at 16:30)
Which type of broker is better?

STP or Market Maker?
Uczestnik z Jan 16, 2014   42 postów
Mar 22, 2014 at 21:06
The most important thing is honesty. If your broker is honest, it really doesn't matter if it's a market maker or ecn/stp!
Just choose a honest regulated broker that suits your trading system well :) Good luck :)
Quand on veut on peut
Uczestnik z Mar 18, 2014   3 postów
Mar 24, 2014 at 14:52
How can you know if a broker is honest though???

Are certain trading styles better for one versus the other?
Uczestnik z Jan 16, 2014   42 postów
Mar 24, 2014 at 16:02
If you feel confortable with your broker and it allows you to apply your strategy without any restriction I guess it's ok.
Anyways, to choose a good broker you have to take into consideration it's reputation, regulation,payement methods, trading condition etc......
Quand on veut on peut
Uczestnik z Feb 22, 2011   4862 postów
Mar 24, 2014 at 16:34
I would say
1. Stable regulated broker with good reputation
2. STP + NDD.
3. good spread + high leverage
Uczestnik z Mar 26, 2014   21 postów
Jun 22, 2014 at 06:49
A True ECN Broker is far better than STP/Market Maker broker. Professional Scalpers always prefer a regulated True ECN broker which provide tight spread, low commission fee and high leverage.
Get 20% discount on IC Markets
Uczestnik z Apr 24, 2014   212 postów
Jun 24, 2014 at 20:21
I would rather play in the casinos than go with market makers its just bad news
Get rich or just die
Uczestnik z Jun 03, 2010   696 postów
Jun 24, 2014 at 21:06
ECN brokers are the best. Clear rules for trading. Market Makers usually do manipulations on customers accounts, thats why I suggest to stay away from them.

Best regards
PAMM MANAGER // Professional Fund Manager
Uczestnik z Jan 16, 2014   42 postów
Jun 25, 2014 at 07:28
makeitrain posted:
I would rather play in the casinos than go with market makers its just bad news

Can you tell me what's exactly the reason? 😂
Quand on veut on peut
Uczestnik z Apr 24, 2014   212 postów
Jun 25, 2014 at 07:44
FxProdz posted:
makeitrain posted:
I would rather play in the casinos than go with market makers its just bad news

Can you tell me what's exactly the reason? 😂

Manipulations, theft from brokers..your mt4 data itself could very well be not even real or highly inaccurate. Some people still rade standard but its not for average user. They go in hit the broker with big win take their winnings and run if they can that is.keep migrating their capital from broker to broker but these are advanced traders 😄
Get rich or just die
Uczestnik z Dec 14, 2013   12 postów
Jun 25, 2014 at 08:37
I agree, I choose ECN Broker myself.
It is important doing little research when choosing broker because bad broker takes much of your profit, i.e. if you got any.

I like Armada, Excel Markets and IC Markets.
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
Uczestnik z Mar 26, 2014   21 postów
Jun 25, 2014 at 17:44
IC Markets has an edge over these two because you can also trade Futures CFDs.
Get 20% discount on IC Markets
Uczestnik z Feb 12, 2012   63 postów
Jun 28, 2014 at 09:59
I'm with Pepperstone, EDGE Razor account. Order executions are lightning fast even during high volatility and news releases, so I'm very satisfied with them so far.
Uczestnik z Sep 02, 2022   65 postów
Apr 30 at 12:17
Of course STP. MM are almost scammers to me.
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