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**pipdetector** · 2009-09-15, 01:29 AM

After two weeks of trading using NDD broker (FXCM) and DD broker (FXDD), I can say that:

1. FXCM:
a) the TP triggers close, but actual closing price is usually a bit lower than TP
b) the number of closed trades is 12

2. FXDD:
a) the TP is almost always the same as closing price
b) the number of closed trades is 9

Initially I was upset by the fact that FXCM was continually missing the TP, but now I see there is a good side of ECN -- considerably higher number of trades. We'll see how it will pan out in long term perspective.

2009-09-15, 01:29 AM	#249 (permalink)
pipdetector Donating member Posts: 466 My Trading Journal Trading Live with: Pipstrider and Megadroid	FXDD vs. FXCM After two weeks of trading using NDD broker (FXCM) and DD broker (FXDD), I can say that: 1. FXCM: a) the TP triggers close, but actual closing price is usually a bit lower than TP b) the number of closed trades is 12 2. FXDD: a) the TP is almost always the same as closing price b) the number of closed trades is 9 Initially I was upset by the fact that FXCM was continually missing the TP, but now I see there is a good side of ECN -- considerably higher number of trades. We'll see how it will pan out in long term perspective.