This is why I've switched to cTrader

General discussion about cTrader and CAlgo
User avatar
Jemook
Trader
Posts: 1085
Joined: Thu May 10, 2012 10:19 am
Location: Bondi, Sydney, Australia

Re: This is why I've switched to cTrader

Post by Jemook »

slipshod » Tue Feb 11, 2014 11:41 am wrote:Thanks for sharing that Jemook :good:

If I understand correctly then, your trade may either be sent to market or the broker can be the counterparty, but there's no way for the broker to fiddle with spreads or prices to artificially force a loss on the trader - they'll see the same prices etc regardless of whether they're A book or B book?
You'll have to confirm with cTrader, but sounds about right.

Cheers,
Jeremy
Please note I am no longer affiliated with Global Prime. I've moved on to my next adventure with Afterprime.

Catch me here: https://www.afterprime.com
User avatar
slipshod
Trader
Posts: 404
Joined: Tue Dec 27, 2011 9:14 am
Location: Australia

Re: This is why I've switched to cTrader

Post by slipshod »

I guess it goes without saying that I'm just waiting for the day when I can open a GP cTrader account?
123Reverse
Trader
Posts: 49
Joined: Sun May 05, 2013 2:54 am
Location: Australia

Re: This is why I've switched to cTrader

Post by 123Reverse »

Now wouldn't that be nice!
I notice Jeremy has been kind enough to suggest another broker, IC Markets, at times.
They happen to have cTrader, I might open a demo and see if I can wean myself of Empty4.
bfis108137
Posts: 4
Joined: Fri Jul 13, 2012 1:57 pm

Re: This is why I've switched to cTrader

Post by bfis108137 »

123Reverse » Fri Feb 14, 2014 5:11 am wrote:Now wouldn't that be nice!
I notice Jeremy has been kind enough to suggest another broker, IC Markets, at times.
They happen to have cTrader, I might open a demo and see if I can wean myself of Empty4.

I have used ic markets. I am not the best person to speak to about brokers but I had times of negative slippage more than a few times which will almost never happen with market maker brokers. You will almost never get negative slippage even with a so-called honest market maker. I say almost never because there's always that 0.001% exception but I have yet to see it. Also I never had any trouble with them other than some price feed issues which were supposedly fixed after a server upgrade some time ago.

For those that don't know what negative slippage is, it's when you get a better price then you asked for. The most common scenario is when price blows through your take profit. If your tp was 1.35000 on a long and price blew through it, it wouldn't surprise me to get filled at 1.35030. Negative slippage is important because with negative slippage you are getting your slippage back on the trades that you had positive slippage. The only other really common situation of negative slippage is when you have a limit order for entry. Technically a tp is a limit order but that's an abstract topic not worth spending time on.
User avatar
babalu4u
Trader
Posts: 173
Joined: Fri Apr 13, 2012 6:52 pm
Location: Slovenia - EU

This is why I've switched to cTrader

Post by babalu4u »

Hello after a long break I'm back again ....

Spotware put a site where you can suggest various ideas and then visitors can vote for which idea they will add in a new version of cTrader.... :good:

Here is the link: http://vote.spotware.com/forums/229166- ... -and-calgo
User avatar
varso
Trader
Posts: 44
Joined: Mon Oct 22, 2012 7:19 am

This is why I've switched to cTrader

Post by varso »

If cAlgo will start renko and range bar then i will think about it. :hi:
User avatar
lazypips
Trader
Posts: 16
Joined: Sun Jul 08, 2012 4:01 pm

This is why I've switched to cTrader

Post by lazypips »

varso » Wed Jun 04, 2014 7:08 pm wrote:If cAlgo will start renko and range bar then i will think about it. :hi:
They have way better: arrange ticks as you wish :lol:
rod178
Trader
Posts: 14
Joined: Fri Dec 28, 2012 10:16 am

This is why I've switched to cTrader

Post by rod178 »

Quote below form the link.

http://www.forexpeacearmy.com/forex-for ... orm-2.html

"....most regulated brokers are licenced to act as counter parties to your orders, so it's their choice to do so or send the orders to the LPs. However unlike most platforms out there cTrader is a true No Dealing Desk Platform and it forces the broker to fill you using the Prices of the stream of the LP so the execution will be the same in all cases. cTrader does not allow any Price Manipulations, Price Injections, Stop Loss hunting Dealing Desk Rejects or Re - quotes and thus is very different from other platforms that you are used to...."



Question - Do cTrader Brokers have the ability to pad the spread? I'm currently running four concurrent cTrader Brokers and note significant differences between them on high liquidity pairs, even around London Open. eg Fiber 0 to 1.2

My assumption is that 1.2 cannot be a Liquidity Provider or Accumulator spread, hence the cTrader Broker must be padding the spread.
Post Reply

Return to “General discussion”