my experience IB and dukascopy (转自ff)
my experience IB and dukascopy I have both live account with them ，and i am a highly frequency daytrader， here is my opinion，gbp/usd spread：duka a little better then IB(especially asia session duka 0.5~1pips better then IB ，other time almost the same）
eur/usd spread：IB better then duka （asia session almost the same，other time IB 0.5pip better）
liquidity：IB better then duka（no need to worry if the size under 1 million unit）
execution：both the same ，IB hotkeys is great but its platform is too complicated for a beginner
commission：duka 15usd/m，IB 20usd/m（there is a way to reduce an half commission in duka，find an introduce broker and make a deal with him，it is great for highly frequency trader）
so，i recommend duka for gbp/usd，IB for eur/USD. If duka's banking license is approved ，i highly recommend to give duka a try. I am pretty sure their spread are the best among the ecn platforms.
BTW: hotspot fxi(institute）used to have the best spread before，but now not any more，anyone have experience with it？ 蛮经典的经验贴。谢谢楼主提供:)
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