Forex rebates on every trade - win or lose!

435 Trading Credit - Youll be bowled over by this offer!
To celebrate Englands fantastic first innings performance in the first Ashes test, ODL Markets will give you a trading credit (in sterling) to match their 435 runs.

Thats a 435 trading credit when you open a MT4 Forex account.

All you have to do is open an MT4 account with ODL Markets by 12th July 2009

And if 435 doesnt take your fancy, ODL will be running this for the following 4 test matches. So if you think there will be more runs made by the first batting team in any of the remaining tests, then wait and see what happens!

And better still, if England does regain the Ashes, ODL Markets will add an extra 50 worth of trading credits in your account!

All you have to do is open and fund an MT4 Forex account with ODL Markets during one of the days in each of the five test matches* and ODL will put trading credits in your account.

Sounds great. Do they have a good platform, reliability,integrity, all that you could wish for in an on line forex broker and more ?

I use ODL for spreadbet and forex on MT4. Not had a problem and would recommend them.

With the Aussies resuming at 230-1, I think ODL's 50 is looking safe.

:o)

I wonder how fantastic it will look tonight!

jm, your odviously not a scalper! get more requotes than cmc(and worse prices)!

Only thing is, this isn't money they're giving, it simply adds to your leverage, but can never be withdrawn. Pretty pointless imho unless you use every inch of your margin. And they'll remove it after a while. Had the same sort of offer with Alpari, and was quite happy when they took the trading credit back.

Sounds less appealing, thanks for the insight, better the devil you know!

I read today that WinalotTM is number 490 in the top 500 consumer brands. :-)

The branding needs a bit more work yet, DelBoy, but I think you'll find it's actually NUMBER 1 in terms of performance!

Test results here

:o)

Message from Alpari:

MetaTrader 4 Micro accounts - server upgrade Sunday 26th July 2009

Due to increasing trade volume, and to maintain the highest quality of execution, we are significantly upgrading our server capacity from Sunday 26th July 2009.

From Sunday 26th July, Alpari (UK) Micro accounts will be managed via two separate, dedicated servers. A proportion of Micro account holders will be managed through the new server and those account holders will require new IP address settings.

The server upgrade will be completed by midnight on Saturday 25th July so that trading can continue without interruption at market open at 23:00 on Sunday 26th July.

All Micro account holders will also receive an email with information regarding new IP settings.



Who does this affect?

Micro accounts requiring action: Account No. 35000 onwards

For these accounts, Micro 2 will be the dedicated server and should be selected from the MetaTrader 4 login drop-down menu.

Micro accounts requiring no action: Account No. 1 34999

Those clients whose Micro accounts require no action can continue to use MetaTrader 4 as normal.

Regarding the new hedging rules. I didnt realise this applied to pending trades as well as live trades. I tried to place buy stop and sell stop at different levels but it wouldnt allow it. This was using IBFX.

No Dealing Desk Price Feeds At ODL SecuritiesWe are delighted to announce that we will be upgrading our standard forex price feed for all of our customers on Sunday 26th July. We strive to keep ahead of our competitors by embracing the latest in forex technology and passing the benefits through to all of our clients.

Your MetaTrader 4 platform will soon be upgraded with the latest direct market access price feeds provided by multiple liquidity providers. You should notice the following benefits:


Improved spreads and speed of execution.
5 decimal point pricing.
Commission free.*
No intervention from dealing desks or re-quotes.
Full hedging capabilities.
Compatible with all scalping EAs.

You should be aware that these changes will take place at some point on Sunday 26th July and there will be no need for you to do anything other than log in as usual.

As with all changes to our standard service, we value your feedback on any improvements that we make. We would be grateful if you could send all feed back, positive or negative, to pricefeed@odls.com.

Hilary,
Reading the above release from ODL "No intervention from dealing desks"
I am not computer literate, but interested in your systems,run via,MT4.
If you google "Virtual Dealer 3.16", could you tell me what effect this
might have to your systems?
It can be pre-programmed, removing live intervention for automatic.
mac.

Most FX brokers are actually market makers, Tyketto, so you are trading against them. It depends on your trading style. If you're looking for 5 pips here or 10 pips there, it's a no-brainer they'll run an algorithm to clean up for themselves.

If your SL is 200 pips away, you would need to ask if they were of a mind to specifically target you given the balance of all the other orders on their book.

You need to also consider who it is that are the clients of MetaQuotes and who pays to keep them in business. It's certainly not the users, as they get the terminal for free ......................

So an ECN broker would be better supplier?
Tks

A necessity, if you wanted to scalp. Not necessarily though if your stops are wide enough on a trend following position.

Any thoughts on selling EG ? I am tempted

Minimums on average 25% lower than current fixed levels Integrated Tuesday 18th August 2009

From market opening on 18th August 2009 (23:00 GMT), Alpari (UK) will be tightening minimum spreads across all currency pairs and precious metals on Demo and Live accounts. Flexible spread minimums will be reduced on average by 25% and up to 60% for some currency pairs compared with current fixed spreads.

With the introduction of additional price feeds, clients will be able to access significantly tighter spreads as we pass on the benefit of the tighter spreads available to us from the Interbank market.

Flexible spreads will also bring a greater degree of price-transparency to clients trades along with institutional-level pricing and lower transactional costs.

The introduction of significantly lower minimum spreads supports our commitment to providing clients with the most accurate Forex pricing, better execution and wider market access. We will also take every opportunity to tighten them further in the future.

During certain times of the day, periods of lower liquidity and when there is increased market volatility, spreads will naturally widen. Fully understanding the dynamics of flexible spreads is key to better-informed and more considered trading and the Alpari Academy will soon feature new tutorials and expert, impartial advice on the topic of spreads.

Spreads

Anyone still doing FX? seems to have gone very quiet.....

Hi Spaceman ..........
I'm regularly in / out of Cable.
Generally been posting on the dailly thread though.
Cheers
Amar