What is the best broker for lowest slippage for News Trading

[Panzer Wang]

I'm looking for a broker with appropriate slippage. After several tests, one can see which broker is more suitable for news trading and which is less suitable.


I suppose God could suggest using FIX accounts with FOK or IOC execution models, where one can easily set the desired amount of slippage (one can even try negative slippage)

So your conclusion? Which one is better for news trading?

Also, many brokers don't allow their clients to trade news, they will reject it when you request a withdrawal. That's why there are always scam posts

 

[noryx]

So your conclusion? Which one is better for news trading?

Currently, FPMarkets on MT4 is the best option for me, but I have only tested around 15 brokers so far. My search is not finished yet.

Also, many brokers don't allow their clients to trade news, they will reject it when you request a withdrawal. That's why there are always scam posts

Before opening an account, don't forget to check if the broker allows news trading. For example, I had no problems withdrawing from FPMarkets, ICMarkets, and a few others.

 

[Panzer Wang]

Currently, FPMarkets on MT4 is the best option for me, but I have only tested around 15 brokers so far. My search is not finished yet.


Before opening an account, don't forget to check if the broker allows news trading. For example, I had no problems withdrawing from FPMarkets, ICMarkets, and a few others.

What is your trading strategy for news? Can you please check the DM?

 

[noryx]

What is your trading strategy for news?

To be faster than others

 

[fargana]

I'm looking for a broker with appropriate slippage. After several tests, one can see which broker is more suitable for news trading and which is less suitable.


I suppose God could suggest using FIX accounts with FOK or IOC execution models, where one can easily set the desired amount of slippage (one can even try negative slippage)

How long a broker should be tested before we know it is good for news trading?

 

[noryx]

How long a broker should be tested before we know it is good for news trading?

It depends on the broker.

Sometimes it's clear after several trades that a broker is bad for news trading due to the quality of order execution (slippage, execution speed, spread widening, requotes and rejections).

Otherwise, it's good to check a broker for at least 1 month on all important high-impact news.