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STM broker

Posted: October 15, 2009 08:39 am  
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I have come across a broker which may be beneficial to us all.

http://www.jadeinvestments.com/index.htm

straight to market orders, the problem is it is ECN which means you cant place your SL and TP at the time you open the trade, you have to edit the order afterwards

this causes problems as Matt's eas place sl and tp when the order opens

is there any way you could edit your eas to work with ECN? sounds like a big job to me


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Posted: October 15, 2009 08:45 am  
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QUOTE (BenScoobert @ October 15, 2009 08:39 am)
I have come across a broker which may be beneficial to us all.

http://www.jadeinvestments.com/index.htm

straight to market orders, the problem is it is ECN which means you cant place your SL and TP at the time you open the trade, you have to edit the order afterwards

this causes problems as Matt's eas place sl and tp when the order opens

is there any way you could edit your eas to work with ECN? sounds like a big job to me

Do they use MetaTrader? If so then yes I can although it is a large task. Why do you feel this broker should be looked at rather than any of the others? Have you heard or seen something positive about them? What's the benefit?


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Posted: October 15, 2009 08:52 am  
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Its all in the presentation.
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Ive seen a few recommends.

No spread padding, they charge a commision instead of a spread.

1 snag is 0.1 lot minimum, but I have a good feeling about it, I'd love to test some EAs with them, see how that no spread/commision works out.
I got their demo of MT4, but odd with no tp/sl on the order screen


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