Best Forex Broker? | Reviews of Brokers and Data Feeds


futures.io - futures trading strategies, market news, trading charts and platforms


Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

Best Forex Broker?

  #15 (permalink)

San Jose, Ca
 
Trading Experience: Beginner
Platform: MetaTrader 4
Broker/Data: Interactive Brokers
Favorite Futures: Forex
 
Joseph689's Avatar
 
Posts: 121 since Sep 2012
Thanks: 113 given, 37 received

The plot thickens....

I was getting ready to create an ATC account, and I discovered my funds would actually go to FXCM. ATC is just a "front" for FXCM. Acording to the FXCM rep, both use the same data feeds, BUT why do FXCM charts (clearly seen last Friday) show unusual spikes and ATC does not?!

See post #130:
HTML Code:
https://futures.io/brokers-data-feeds/26336-fxcm-s-suhail-afzal-brad-gleason-ask-me-anything-ask-me-anything-13.html
Followup:
Found the answer...ATC uses "raw data feed", FXCM uses "retail data feed", according to ATC.
Also, ATC is based out of UK and because I'm a US resident, I'm forced to have my funds kept with FXCM. Otherwise, ATC with control them if I didn't reside in the US.

I happen to have both US and European passports, dual citizenship, but residency is what matters.


Last edited by Joseph689; March 11th, 2015 at 06:24 PM.
Reply With Quote
The following user says Thank You to Joseph689 for this post: