I've moved over to more news-trading than technical and loose out on lots of profits bacause of late entry. I want a broker where I can configure the possible trades and execute the selected trade with just a click.

Is there such a broker? Any recommendations?`

Thanks,
Rayner

Oanda?

Oanda is probably your best best. However, you can expect spreads around 15-25 pips for the main currency pairs.

InterbankFX Metatrader 4.0 allows you to set the max slippage to 20 pips so you can enter a trade with just one click. However, the platform freezes for about 40 secods imediatly after the news release. I only use it to try and get in before the spike.

InterbankFX Metatrader 3.83 will sometimes allow one click execution until you start making a profit and then your account gets "flagged" making it impossible to start news trading.

Bottom line is News Trading is the easiest and most profitable way of trading and most brokers are making it harder and harder to trade this way. My prediction is that by this time next year news trading will be obsolete because brokers will kill it using higher spreads, slippage and "technical" glitches during newstime.

Yes i do have some kinda probelm also during the Fundamental trades..
I have tried all Metatrdaer brokers. and most of them unable to fill your orders at the spot..
I have moved to a new borker named Dukascopy ..
I have expereince with them.. they are very fast .. and at one click your order filled like a bullit.
But there minimum to open account is 50000$ .. but if you will go through my friend's IB so you will need minmum 25k to open a account.
If you are interested let me know i will direct you with my friend.
P.S Dukascopy allows scalp trading, hedge trading also..but their you can use minimum 2.5 Lot
so feel free to signup with them
Have a nice weekend.

Seems everbody choose OANDA as their broker,
any other comment about this?
I really want to choose this one, but too bad, they didnt provide MT4 platform

Spike trading is easiest so retail broker make it hardest. It's much better if u can combine news trading with techinical analysis(breakout of S/R,2B,retracement,etc)

Even better, if you avoid the news altogether and trade oscillations in between. News trading on a retail broker is suicide. Like Spottrader says. Dukascopy is faster at execution and other nice things, you however should meet their minimum requirements of $50k (or $25k thru IB). You get what you pay for in a sense.
Want to put in $100? Retail execution is your only choice.

I do agree with you

I use Oanda and they are known to increase the spreads, but that is the cost of doing business to protect themselves on their end. I don't agree with it, but have adpated to it and still earn excellent money trading news with them. The spread increases are different amongst the different pairs and right now our group experiments trading different US based pairs on certain US reports where the spreads are much lower and yet the range is still good for the initial spike. 15 pip spread on a strong UK report for GBP/USD is acceptable to me based on the big range it can move. The unfortunate thing is having a big spread against you and the move is very small, but hey that is why we set our triggers more conservative on weaker reports.

Oanda is outdated in their platform and they need to get it modernized. They have to take the opposite side of the trade and many times they do not have the time to set their hedge in the position so they can not keep up as they are not an ECN and do not place your orders directly to the internbank liquidity rather they are a market maker and take the other side. The good part about Oanda is their great fills for news trading. As long as we get great fills I don't mind the occassional increase in spread. You just have to know how to play their game and if I see the spread increase to 25 pips I usually abort my trade.

I have been hearing a lot about Aarontrade.com. They are single click execution up to 10 million they say. Their platform is Fxnext and uses the same liquidity as their currenx platform which requires at least 25k account and the same as their FXall platform which requires 50K account. Currenex platform is the true interbank way to trade forex....no bucketshop or market makers or retail crap. It would be interesting to know how anybody does using the Aarontrade FXnext platform (5kminimum acct) in news trading. They are called ADM Derivatives I believe.

one of my friend told me about PFGforex in Chicago is good for in States. They use Currenex .. and Dukascopy is the best in the world, They house multiple hedge funds here so liquidity is the best in the market. THEY are actually a prime broker for Currenex.

P.S i am using Dukascopy now for trading .. and happy with it.

Are you spike trading the news with Dukascopy?

i can;t seem to find the dukascopy on SWAP rates .....

it looks good to me , but USD50000 minimum or USD25000 is way to far for me now ..

i am Tech and fundamental trader..
Yes do trade in high impact news as well..