Looking for REAL STP provider
Looking for REAL STP provider
12 Feb 2019, 20:44
Hi I have a problem.
Signing up to ctrader and converting our bots to C#, we did not realize that it was so hard to find a fully transparent STP provider. We need to test some of the bots but can't find the right provider.
We've been searching for weeks now but we couldn't find a real 100% STP based company that also supports ctrader and works solely on a commission base.
Many claim they are 100% STP but further inquiries always shows they are not 100% transparent.
Full STP means the provider leaves the Ask & Bid prices exactly as they come in from their Liquidity providers; They just pass the best ask and the best bid to the Bot.
As our scalping bots work in a very tight margin environment it is important for us that we have that 100% price transparency.
Also our arbitrage apps do not function well in a not 100% STP environment.
But first things first: we need a demo account to test if the needed transparency is there and if our ported Bots also work on ctrader (backtesting looks great).
Anyone knows about a provider that can fit the above profile?
Replies
Shares4UsDevelopment
26 Feb 2019, 10:47
Text of Quest changed to: looking for a real STP & ECN & NDD provider.
Shares4UsDevelopment said:
Hi I have a problem.
Signing up to ctrader and converting our bots to C#, we did not realize that it was so hard to find a fully transparent STP & ECN & NDD provider. We need to test some of the bots but can't find the right provider.
We've been searching for weeks now but we couldn't find a real 100% STP & ECN & NDD based company that also supports ctrader and works solely on a commission base.
Many claim they are 100% STP & ECN & NDD but further inquiries always shows they are not 100% transparent.Full STP & ECN & NDD means the provider leaves the Ask & Bid prices exactly as they come in from their Liquidity providers; They just pass the best ask and the best bid to the Bot.
As our scalping bots work in a very tight margin environment it is important for us that we have that 100% price transparency.
Also our arbitrage apps do not function well in a not 100% STP & ECN & NDD environment.
But first things first: we need a demo account to test if the needed transparency is there and if our ported Bots also work on ctrader (backtesting looks great).
Anyone knows about a provider that can fit the above profile?
@Shares4UsDevelopment
Shares4UsDevelopment
26 Feb 2019, 10:52
RE:
FMogyi said:
Brokers allways cheat to steal your money! (8 years experience)-. I do not find correct MT4, MT5 or cTrader broker during this time.
well i'm an optimist ! otherwise we'll start our own STP & ECN & NDD and work solely on commission base. That shoudl enough to earn a living.
@Shares4UsDevelopment
FMogyi
25 Feb 2019, 11:55
Brokers allways cheat to steal your money! (8 years experience)-. I do not find correct MT4, MT5 or cTrader broker during this time.
@FMogyi