Considering switching to an ECN account for scalping during London/New York overlaps. GlobeGain’s market depth tools show inconsistent spreads - how reliable is this data for predicting execution prices? What methods do you use to confirm actual fill quality vs advertised spreads?
Test small lots first. Real fills matter.
Three verification steps:
- Run 50 micro-lot trades during target hours tracking slippage
- Compare GlobeGain’s historical spread charts with your trade logs
- Check rebate-adjusted costs - true savings come from consistent execution
ECN accounts often show tight spreads but higher requotes. Prime+ might actually deliver better net results.
I use GlobeGain’s trade export feature to overlay my executions on their spread charts.
Helped spot times when Pro accounts had fewer requotes than ECN despite wider quoted spreads.
Just check the broker’s own historical data. Less complex.
Learned this the hard way - advertised ECN spreads mean nothing if you get partial fills.
Now I record every entry with screenshots and compare to GlobeGain’s timestamped data. Found Prime account executes 87% of scalps within 0.3 pips vs ECN’s 72%. Rebates make up the difference.