You are missing mgforex and fxdd. Fxdd is not regulated but its a a huge portion of the worlds traders and mgforex is one of the firsts. Give them some credit, unlike previous regulated brokers, they kept their noses clean and MG might just come of out of the shadows. They had Fifo and didnt...
Fully agree. Thats how those big brokers made their money. FXCM doesn't want to lose that, so they will offer to send you to their UK branch so they could make more money off of you.
Reasons to ban hedging:
1. no financial benefit for trader
2. double spread cost than simply close the position
3. both long and short position has a swap/roll-over
4. cause customer usable margin to drop and potential margin call
5. fund manager (mt4) use hedge order to hide losing...
FXCM really needs to start explaining a little more. You could still use all of it but close the positions by the order it was open due to FIFO.....morons!!!!
Really? I have heard from a lot of people that its only an upfront cost. I know a few guys that actually looked into it because they wanted to open up an office in the Virgin Islands
Panic causes irrational reactions. It allows certain parties to act without question. We have seen what that might lead to (invading Iraq) . It excuses domestic terrorism, crime, and drug use. One must think carefully and study his/her options. Freaking out and bitching will not go far. You want...
How does metaquotes make money if they sell the platform to these brokers in one shot. That is why they are coming out with an MT5 something new to sell to these brokers. I heard that an mt4 platform costs more than 60k and just imagine what an mt5 will cost.