Hi, I am negotiating many brokers ( reputable retail ECN and Currenex ones) to get the cheapest cost of transaction. My volume : 1-2 billion per month Forex 95% of my trades executed via pending orders. If any knows how and where i should go, plz share Thanks, McGene
LMAX saying 16/mil. I think it is still too expensive .. Their basic is 25 Also, their spread is 0.3 pip average.
what are your avg monthly commissions,you alone or you and another your size could open your own clearing firm and just pay exchange fees
I understand my proposed volume is very unusual and could be seen easily as a very stupid. Of course, i will not start this volume from first day, i will start relatively small , like 50m/month and i will increase the volume if things go fine You are damn right that if someone could play with such volume , he could play directly with big brothers. I am looking for the best niche to start from/with. So, now i will reformat my question, if my deposit will start about 50k and my monthly volume will be 50m, what is the best brokerage to start with.? I wish to have specific answers please. Thanks, McGene