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Sorry, but this is just a load of marketing gibberish. How is this superior business model different from any IB/White Label business? All trades end up with a market-maker eventually? Won't those market-makers who supposedly provide "quotes and fills" be taking the "adversarial role"...

C'mon can't you see it's a marketing gimmick to make it sound like "serious" trading... "between banks"? :p Can someone also explain to me how they make my on a 2 pip spread with no commission and not being a market-maker?

Interbank FX .... I would find it hard to trust a firm with such a misleading name.

It is because of this kind of "advice" that Mr. Spanton has not made a single buck himself in fx trading - I guess it's much more convenient (and profitable) to "coach" others

don't wanna appear harsh here... but honestly NO bank dealer will welcome that kind of trading around the news, it doesnt matter what size the bank is. Noone wants to be the sucker.

So does Global, I am sure... and theirs comes from FXCM's kickbacks.

I would be wary of dealing with a firm that seems to have constant problems with the CFTC and NFA. http://www.nfa.futures.org/BasicNet/CaseInfo.aspx?entityid=0314715&type=reg

Well this is the same as rollover, just called differently. There are plenty of firms that call it rollover and it operates exactly the same way you describe, with no change in the price of the pairs. I was told the NFA are generally not too happy with the use of the word 'interest' in these...

They're gonna make you pay rollover no matter what their risk management strategy is. And you are a complete waste of bandwidth.

No, I've never heard of "algorythmes"....:)) (maybe algorithms?) OK, you've just agreed with everything I wrote and provided a rather messy description of the standard mode of operation of any dealing desk. How does that prove that Oanda "does not have to trade against customers"??? This...

OK, guys you asked for this... 1) Why are you talking about the "Interbank" (aka Inter-bank, or as some genius put it on another forum "Innerbank":D )?? Is Oanda a bank? No. 2) The Interbank spread is not "1 pip". It varies, can 1 or 2 or more depending on market conditions. But you see...

This is completely wrong. Sorry, but you have no idea about the FX market.

This is exactly right, see my earlier post on the subject: http://www.elitetrader.com/vb/showthread.php?s=&threadid=38186

limits are different from stops

This program raises very important questions about the industry. Did you hear the guy, one of those "traders" that Mr. Spanton sets up to trade with the "best firm in the industry" FXCM ?? The guy has been out of the job for 1,5 years and is seriously hoping to make some money to pay for his...

Anyone using FXCM must be out of their mind...

With $2.5K you can't trade the interbank market, and don't believe anyone who tells you so. :D :D