New Conditions- Crown Forex has rolled out their new trading conditions and automated execution on their live accounts. We are happy to announce that all of the firms we are working with now utilize automatic execution systems. Crown is introducing thirty new currency pairs to trade and all of these are on fixed spreads. This new system created by JDFX plugs them into 10 banks which they use to automatically offset all client positions. Spreads are still fixed during news and you can set deviation to control your entries on the "instant execution" order type. Please note that the maximum deviation on the demo is only 4 pips but you can set it wider on live accounts. This all adds up to fast and efficient fills all the time and no huge spread widening like most retail brokers. You are able to place stops and limits at the normal distance from the market price during news also. All new accounts are receiving the new conditions and the new currency pairs will be added the week of June 7th. They have also expanded their funding options by adding Money Bookers and soon Pay Pal.

Regulatory Status- Crown Forex S. A. is a Swiss firm and member of A.R.I.F., a self regulatory organization for financial intermediaries in that country. Crown has the needed $8,000,000 in net capital required to become a bank at the end of the year to comply with the new Swiss regulations when they go into effect. All customer funds are deposited at Credit Suisse bank. Being a Swiss firm means that they or Credit Suisse will not report any financial information to the IRS We can return to our clients who trade through Crown half of the marketing fee paid to us by Crown on a monthly basis. This rebate is part of the 1 pip spread that you would normally pay with them, not an additional cost. The rebate is always $5 per 100,000 traded so your refund will equal $2.50 per trade. This brings your net trading cost down to .75 pips per trade on the majors.

Attention EA users- Only accounts with at least $2,000 in them will be able to run an EA with Crown. Since Crown uses the inter bank volume model instead of the retail FX and commodity "lot" system you may need to adjust your EA to make it run correctly with them. You should set the "lot size" setting in your EA code to 1 unit and then set your position size to 100,000 lots in the lots field of the input menu when you activate the EA. That way you would trade 1 "lot" of EUR/USD (100,000 units) at a time or you can set it to 10,000 in the lots field to trade a "mini."