With that all said I feel confident with FXTM, no commissions, slightly higher spread .06-.08 compared with low spreads. But again no commission. I opened an account with them, we will see how it goes. Higher leverage also, they do offer ECN accounts, I would assume with the slightly higher spreads a true ECN compared with IC. I know IC uses an algo to determine your trading performance and size for determining if the order will stay in house or move to outside liquidity, not that I ever noticed it during my 3 years with IC.
Also with Europe’s change in leverage rules, I’m sure cyprus is becoming more of a spot for FOREX, with the higher leverage, for Europeans. I also opened one with Tickmill. So we shall see how it goes.
Keep Calm and Trade on!
Learn, a forex trader must, unlearn and relearn he will.