How liquid is your broker?

[Rambo35]

You may never get a 100% accurate answer to that question which should not really bother you. The best way for me to judge the ability of my broker is by evaluating how my orders are filled. I usually trade using pending orders only and they get filled at the price I enter.

For me this is a very important fact as a trader. Even during market events which cause an increase in volatility my orders are filled with very little slippage which shows me that my broker is able to fill my orders properly and therefore has access to great liquidity providers. The absence of re-quotes is another factor which shows me that my broker is able to fill my orders at the price I have entered.

Those facts are very important to me, I know every trader has different preferences, but this one together with tight spreads are my top two.

 

[Rockefeller]

I am happy with my current broker. Sometimes there is slight slippage (both negative and positive).

 

[Emibluz]

I am sure your broker is not regulated. Well, it is good as well, as regulation tends to push brokers to the wall. When it comes to liquidity, its not that regulated brokers cannot really fill orders properly, but they tend to use the opportunity to make money from traders. I hate it when I get slippages unnecessarily when it could have been less.

 

[bablogfx]

Actually I don't even make account of such things as liquidity. The more traders has broker the more intrabroker's trade occurs. There are some another features which right broker should have

 

[Fxpipper]

Exactlty, though all brokers claim the "no requotes" tag, very few deliver on it. And as for the query, that's a loaded one, isn't it? And slippages, not much.
Thanks for the post..enjoyed reading it.

 

[Rockefeller]

Exactlty, though all brokers claim the "no requotes" tag, very few deliver on it. And as for the query, that's a loaded one, isn't it? And slippages, not much.
Thanks for the post..enjoyed reading it.

I have not experienced not even a single requote with my broker.

 

[Rambo35]

I am sure your broker is not regulated. Well, it is good as well, as regulation tends to push brokers to the wall. When it comes to liquidity, its not that regulated brokers cannot really fill orders properly, but they tend to use the opportunity to make money from traders. I hate it when I get slippages unnecessarily when it could have been less.

Regulation has nothing to do with a broker filling orders. Slippage is something I do not have to worry about which is another great thing. I mean 1 or 2 pips when a major economic report is released is just fine especially when I already trade with tight spreads.

 

[David Train]

I hate requtes and slippage. I really think that it depends on the brokers platform and server. And also when a broker doen't want me to make profit.