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What are the TradingView plans?
TradingView has one free plan and three paid options that are renewed monthly. Here's an overview:
- Free plan
- Pro plan
- Pro+ plan
- Premium plan
You can choose between the Pro plan, Pro+ plan, or Premium plan to get exclusive benefits.
Continue Reading at Get TradingView Full Features for Free with Vantage
How to avoid artificial slippage in ECN brokers?
There are two steps you may take to avoid falling prey to artificial slippage:
- Steer clear of stop orders and make use of limit orders instead.
- Add decreased slippage parameters to your expert advisors (in case you are using EA).
Continue Reading at Can ECN Brokers Cheat on You?
What are market maker brokers?
Market makers are the parties that provide liquidity and quote both the buy and sell rates. They can be individuals, brokers, banks, hedge funds, and other financial firms. Large banks in particular are the master market makers.
One simple example of the market-making practice is a foreign exchange transaction in a local bank. This is very similar to the business activity of market makers in forex trading. Let's see the illustration below.
Dolan is in need of USD currency for a trip to the USA. He carries the local currency EUR to Bank Z to be exchanged with USD. In this case, Dolan wants to buy USD and Bank Z makes the market by selling USD and buying EUR.
One month later, Dolan returns home and wants to exchange his remaining USD with EUR. He visits Bank Z again, and this time Bank Z makes the market by buying USD and selling EUR.
Here, Bank Z generates profits from the differences between the sell rate and buy rate.
Continue Reading at Are Market Maker Brokers Always Bad?