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RE: ICMarkets - True ECN Australian Foreign Exchange Broker

in #steemhunt6 years ago

I really haven't done much of Forex trading as there seemed to be the need for more day trading required to get the best profits. So I prefer to stick with crypto. But the features themselves are impressive.

High liquidity and volume is so much of an ease. You have to try something like a DEX or try trading a smaller unknown asset to get the best idea of how important a good volume and liquidity is. It's great to see some other products like commodities (I assume Gold & Silver are included) and stocks being included although they probably just went with few popular ones to trade.

40ms average speed for order execution is great an automated trading has its benefits. But there are risks with these automated trading too. An entire market can crash within seconds. You can check out https://en.wikipedia.org/wiki/2010_Flash_Crash if you'd like.

Good Hunt!