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ECN Spot Forex Broker


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ECN Spot Forex Broker

  #11 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
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LukeGeniol View Post
@ tderrick, if u use an introducing agent with Dukascopy i will get 45% rebates List of Dukascopy introducing brokers who offer rebates/services back to members - Forex Peace Army Forum, also if u use DTN Bridge, but I tried it and I'n not able to working with it like they say .


I'm not quite sure what this means....


AJ
Nashville, Tennessee


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  #12 (permalink)
 Eric j 
NY
 
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tderrick View Post
I'm thinking it's time to move away from Oanda as my spot forex broker. Moving to an ECN and away from
a market maker is a good idea, I think...

Perhaps a firm like Dukascopy???

Any suggestions??

tia

Was there an issue with Oanda ? Ive been trading with MB with ninja and am treated fairly .

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  #13 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
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Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
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Eric j View Post
Was there an issue with Oanda ? Ive been trading with MB with ninja and am treated fairly .

As I'm sure you know, the data feed at big news releases is unbearable....

I'm happy with all else pertaining to Oanda...


AJ
Nashville, Tennessee


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  #14 (permalink)
 
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 LukeGeniol 
Italy (IT) Italy
 
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tderrick View Post
I'm not quite sure what this means....

The rebates? It means that if open an account at Dukascopy with them, they will give u 45% of commission, u pay on Dukascopy, back.

Take your Pips, go out and Live.
Luke.
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  #15 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
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Eric j View Post
Was there an issue with Oanda ? Ive been trading with MB with ninja and am treated fairly .

Did you compare MB to Dukascopy??


AJ
Nashville, Tennessee


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  #16 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
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LukeGeniol View Post
The rebates? It means that if open an account at Dukascopy with them, they will give u 45% of commission, u pay on Dukascopy, back.

Sorry, Luke, that I am so dim on this...

So this is a discount on the commission for each trade I place??


I look at the link now, and maybe it will become more clear...


AJ
Nashville, Tennessee


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  #17 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532


LukeGeniol View Post
The rebates? It means that if open an account at Dukascopy with them, they will give u 45% of commission, u pay on Dukascopy, back.

I think I'm getting a little more clear on this...

so.... How does a place like Molecule6 make money?

I'm going to their site now to research.....


AJ
Nashville, Tennessee


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  #18 (permalink)
 
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 sunpost 
Pennsylvania, USA
 
Experience: Intermediate
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Molecule6 gets more than 45% commission from dukas and rebates most of it to you.

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  #19 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
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sunpost View Post
Molecule6 gets more than 45% commission from dukas and rebates most of it to you.


So M6 would be my broker?

Who's software would I use?

I will head to the M6 site later today and research a bit....

If Duka's software is free, but I have to pay for M6 software, I don't see the point...... yet...

thanks for all the help...


AJ
Nashville, Tennessee


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  #20 (permalink)
 
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 sunpost 
Pennsylvania, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB/Kinetick
Trading: Forex
Posts: 60 since Aug 2010
Thanks Given: 202
Thanks Received: 42


No. Molecule6 would be what they call an Introducing Agent. You can read about it here..
https://www.dukascopy.com/swiss/english/ia/classicIA/

Molecule6 is not software and there is no fee. Think of them like a reseller/affilate.

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Last Updated on November 16, 2012


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