We are a group of autotraders that started our own brand new brokerage that just launched. Our technology was just recently completed. We use Metatrader4, with custom direct-connections to the liquidity providers. So it's not your typical MT4.
It is important to note that we are NOT a large commercial brokerage. We started it for ourselves. Therefore the brokerage is NOT our primary business, trading is.
The format is for us autotraders, we have a direct line to the liquidity providers so our spreads are like ECNs (1/2 pips on EURUSD average spread during normal hours). We don't charge commissions or widen the spreads or alter the prices in any way. Only a monthly fee to help us cover costs.
Our goal is to have other traders join us to increase volume. When we hit our next volume tier, we get another price break on the spread, which means even narrower spreads.
The NUMBER ONE difference between us and other brokers is that we are NEVER EVER a counterparty to your trades, EVER! We go to great lengths to insure that. We don't want any part of your trades, so we NEVER EVER have the other side. Seriously.
We have support for live traders, but do not have support for educating traders.
We have a minimum deposit of $100, not to attract beginning traders, but to let traders try us out with minimum risk.
We've been there. We understand that there are no words, and no purpose to try to tell you to "trust" us, and that you have to prove it to yourself. So $100 will allow you to trade, and see the execution, spreads and fills, etc. in live trades yourself.
We don't have any trading-desk or engage in any hanky-panky. We aren't counterparty, so we can't profit from your losses.
The bottom line is that we are all traders here. All of us, including you, trade on the exact same spreads, same quotes, same prices, same order execution, same everything.
It's a collective afterall.
Thanks to the moderators for allowing us to post this here and for creating us a review page.
Trader 4of7 @ TheCollectiveFX.com
It is important to note that we are NOT a large commercial brokerage. We started it for ourselves. Therefore the brokerage is NOT our primary business, trading is.
The format is for us autotraders, we have a direct line to the liquidity providers so our spreads are like ECNs (1/2 pips on EURUSD average spread during normal hours). We don't charge commissions or widen the spreads or alter the prices in any way. Only a monthly fee to help us cover costs.
Our goal is to have other traders join us to increase volume. When we hit our next volume tier, we get another price break on the spread, which means even narrower spreads.
The NUMBER ONE difference between us and other brokers is that we are NEVER EVER a counterparty to your trades, EVER! We go to great lengths to insure that. We don't want any part of your trades, so we NEVER EVER have the other side. Seriously.
We have support for live traders, but do not have support for educating traders.
We have a minimum deposit of $100, not to attract beginning traders, but to let traders try us out with minimum risk.
We've been there. We understand that there are no words, and no purpose to try to tell you to "trust" us, and that you have to prove it to yourself. So $100 will allow you to trade, and see the execution, spreads and fills, etc. in live trades yourself.
We don't have any trading-desk or engage in any hanky-panky. We aren't counterparty, so we can't profit from your losses.
The bottom line is that we are all traders here. All of us, including you, trade on the exact same spreads, same quotes, same prices, same order execution, same everything.
It's a collective afterall.
Thanks to the moderators for allowing us to post this here and for creating us a review page.
Trader 4of7 @ TheCollectiveFX.com
