VPS Hosting with FxEthos

Hi Guys,

   Trading in a 24hrs market needs constant connectivity with a world class reliable communication network. Trading with automated trading systems and high frequency trading strategies demands top tier data networks to deliver your trades with the lowest latency and absolute speed.

Fxethos understand their clients needs and has partnered with Trading VPS to offer their clients exactly. Due to this,most of the  FxEthos customers subscribe directly with TradingVPS. With just 50 standard lot traded in each calender month, they rebate of US$50 directly to their trading account regardless to their account size.

Which type of broker should you choose?

Hi,

   That's completely up to you because one type of broker isn't better than the other because it will all depend on the type of trader you are. Usually, day traders and scalpers prefer the tighter spreads because it is easier to take small profits as the market needs less ground to cover to get over transaction costs.
Meanwhile, wider spreads tend to be insignificant to longer term swing or position traders.

 To make your decision much easier, here is a summary of the major difference between Market Makers, STP brokers and STP+ECN brokers:

Dealing Desk (Market Maker)	No Dealing Desk  (STP)	No Dealing Desk (STP+ECN)
Fixed Spreads	Most have variable spreads	Variable spreads or commission fees
Take the opposite side of your trade	Simply a bridge between client and liquidity provider	A bridge between client and liquidity provider and other participants
Artificial quotes	Prices come from liquidity providers	Prices come from liquidity providers and other ECN particpants
Orders are filled by broker on a discretionary basis	Automatic execution, no re-quotes	Automatic, no re-quotes
		Displays the Depth of Market (DOM) or liquidity information

Lot size in FxEthos

 Hi guys,

    FxEthos provides their clients with lot size which they have micro and mini in which mini lot size is 10,000 units and micro is 1000 units or 0.01 lot for gold.

What is Ranging Market?

Hi,

  A ranging market is one in which price bounces in between a specific high price and low price. The high price acts as a major resistance level in which price can't seem to break through. Market movement could be classified as horizontal or sideways.

Whats is Trending Markets?

Hi,

  A trending market is one which  price is generally moving in one direction. Trends are usually noted by "higher highs" and "higher lows" in an uptrend and "lower highs" and "lower lows" in a downtrend. When trading a trend based strategy, traders usually pick the major currencies as well as any other currency utilizing the dollars because these pairs tend to trend and be more liquid than other pairs.

Metatrader 4

Hi Guys,
 
   Meta Trader 4 also known as MT4, which is an electronic trading p[platform widely used by online retail foreign exchange speculative traders. This software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the broker and the client software is provided to the brokers customers, which use it to see live streaming prices, charts and to place orders as well as mange their account.

Actually what do you mean by Slippage and how you can reduce it?

Hi Guys,

  The difference between the price specified in a trade vs the actual transaction price. It is usually caused by the latency between trade order and execution. Since the forex market is so fast and liquid, slippage is usually very small.

Due to technologies reasons, there will always be some slippage between the requested price and the execution price. Nevertheless, you should find a broker that allows trading with minimum slippage that will not kill your account. Brokers with advanced technology and systems, an ECN broker that broadcasts all of its client's orders straight to the market and provides the market's real quotes and prices.You can also avoid large slippage in your current broker by not trading while high impact news is released or during 'dead' hours.