Good broker for news trading?

[justin7]

Hello Can someone tell me of a good broker for trading news that accepts US clients? it seems some of the possible good ones (won't widen spreads to 30+ for news spikes or have "slippage" or platform freezing for seconds during news) don't accept US clients

[Jeuro]

Hello Can someone tell me of a good broker for trading news that accepts US clients? it seems some of the possible good ones (won't widen spreads to 30+ for news spikes or have "slippage" or platform freezing for seconds during news) don't accept US clients

Hi Justin.
Brokers that wont widen spreads and do not have slippage during major news are not existing.
The market it is that way during news. The Brokers just quote best prices they find around... if the ask and bid are 30 pips apart, most likely those are the only prices available.

Obviously, there are some Brokers they fill better then other. Some find a good price during the news and give it to you.. other they may take advantage of the situation.

As a general guideline I found that Brokers that use CHF Clearing and Integral (these are liquidity pools and not Brokers) fill quite decently.

FinFX uses integral and does take US clients. Remember... regardless of the Brokers, the wide pricing and slippage exists all the time during news. I would really question a Broker that would not widen nor have slippage... my question would be... where do they get the money from? if no one else is selling??

Unlucky this is a touchy subject with honest Brokers. Even our own Jeremy with Global Prime sorof ignored my second question regarding news trading in one of their threads.

If you are seriously considering adding news trading to you strategies, you must have at least 3 or more Brokers for it. I do.

[justin7]

Hello Can someone tell me of a good broker for trading news that accepts US clients? it seems some of the possible good ones (won't widen spreads to 30+ for news spikes or have "slippage" or platform freezing for seconds during news) don't accept US clients

Hi Justin.
Brokers that wont widen spreads and do not have slippage during major news are not existing.
The market it is that way during news. The Brokers just quote best prices they find around... if the ask and bid are 30 pips apart, most likely those are the only prices available.

Obviously, there are some Brokers they fill better then other. Some find a good price during the news and give it to you.. other they may take advantage of the situation.

As a general guideline I found that Brokers that use CHF Clearing and Integral (these are liquidity pools and not Brokers) fill quite decently.

FinFX uses integral and does take US clients. Remember... regardless of the Brokers, the wide pricing and slippage exists all the time during news. I would really question a Broker that would not widen nor have slippage... my question would be... where do they get the money from? if no one else is selling??

Unlucky this is a touchy subject with honest Brokers. Even our own Jeremy with Global Prime sorof ignored my second question regarding news trading in one of their threads.

If you are seriously considering adding news trading to you strategies, you must have at least 3 or more Brokers for it. I do.

thankyou I pm'd you

[AGT]

Hi Justin ! Perhaps you may have a look here:

currencynewstrading.com

They test an EA with various brokers to trade the news ... all in all this is a qualified site for newstrading.

[dan68]

Hi Justin. We've had some good feedback from traders about *positive slippage* on news trades with us http://forexnation.org/conversation/

[Jeuro]

Hi Justin. We've had some good feedback from traders about *positive slippage* on news trades with us http://forexnation.org/conversation/

Hello Dan68.
Can you explain what/how is the relationship between Forex nation and AxiTrader... I am totally confused? Is forex Nation like a IB of Axi??

What would be the advantage of trading via forex Nation over trading direct with Axi?

J.

Edit.. never mind.. I did find the thread were my question is answered . You operate as an Axi white label.

[jimmyjjohn]

Dear friend

there are many broker in the internet but i think the best broker has the quality so here is the some quality for the Best Forex Brokers is ....
1 No hidden policy.
2 Daily update or change any
3 With draw system is best.
4 Good repute in the market.