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Old 07-28-2006, 02:05 PM
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rainey75 rainey75 is offline
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Join Date: May 2006
Location: South Florida, USA
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My News Trading Experiences

I agree, I've been trading news with a group within the last few weeks, and you can really see the difference in the brokers at this time. I use FX Sol, but not for trading news - those error messages are annoying and I sometimes have to hit the button again and again before I can get in....dangerous!

Anyway, alot of the other people are having luck with Oanda - fast fills, little slippage. The only cons are the extremely low leverage - 50:1 is the best, but I guess that can be a good or bad thing depending on your perspective.

Also tried MB Trading, which is a commission broker with extremely low spreads (1 pip usually on the EUR/USD). However, got a crappy fill about a week ago (6 second delay cost me on an otherwise profitable trade).
But others say that they have not had such bad luck lately, but why risk it?

From my experience, Oanda is the way to go for news trading, although they are by no means perfect.
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