Fxcm New Ecn Platform

Quote from Pippi436:

Well, that would mean that they would lie into the face of the regulator - at least within EU jurisdiction. According to EU directives, every broker must issue a 'Best execution' statement and disclose any conflict of interest. If they state they are 'agency only' (like i.e. HotspotFXi does) and really aren't, they would run into problems.

I personally don't really care, i only look who provides the most cost-effective and reliable way to trade. If a firm takes prop positions (be it against a client or keep an inventory to make a market) or not doesn't really influence the end-result (i just check executions against 3rd party marketdata).
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I do the same, as long as I'm getting my orders filled at the price I want and overhead is competitive then I'm happy. Oanda suit me fine and they're still the cheapest.
 
Quote from Pippi436:

Well, that would mean that they would lie into the face of the regulator - at least within EU jurisdiction. According to EU directives, every broker must issue a 'Best execution' statement and disclose any conflict of interest. If they state they are 'agency only' (like i.e. HotspotFXi does) and really aren't, they would run into problems.

I personally don't really care, i only look who provides the most cost-effective and reliable way to trade. If a firm takes prop positions (be it against a client or keep an inventory to make a market) or not doesn't really influence the end-result (i just check executions against 3rd party marketdata).
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i don't think cabletrader knows anthing about the business side of forex, he sounds pretty stupid.
 
Quote from JDL:

i don't think cabletrader knows anthing about the business side of forex, he sounds pretty stupid.
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Yeah that's me, stoopid and I don't know nuffink :(

But if a 'pretty stupid' person like me can make money imagine what a genius like you should be making.....only thing is I doubt you're making anything. Hmmm, now what does that say about you!

:D
 
Quote from cabletrader:

Yeah that's me, stoopid and I don't know nuffink :(

But if a 'pretty stupid' person like me can make money imagine what a genius like you should be making.....only thing is I doubt you're making anything. Hmmm, now what does that say about you!

:D
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:p doesn't take away from the fact that your still stupid, grow up little man, stop trying to be bigger then what you are. :cool:
 
Quote from JDL:

:p doesn't take away from the fact that your still stupid, grow up little man, stop trying to be bigger then what you are. :cool:
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Ah but being stupid and profitable is better than just being stupid :D

So do you actually have anything to say on the subject or are mild insults your limit? It's ok, reading your posts I think you've already answered that one!

You even fail miserably at being a troll.....yeah yeah I know, "you're stupid", yawwwwwn...
 
Quote from cabletrader:

Ah but being stupid and profitable is better than just being stupid :D

So do you actually have anything to say on the subject or are mild insults your limit? It's ok, reading your posts I think you've already answered that one!

You even fail miserably at being a troll.....yeah yeah I know, "you're stupid", yawwwwwn...
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may you continue being profitable, peace :cool:
 
I don't think it should make a difference whether they have an ECN trading platform or dealing desk platform...they are still FXCM and there is more than enough bad shit about them out there to keep anyone who knows what they are doing away from them. There are better dealing desks than they (Oanda, GFT) and while currently limiting, there are other ECNS which I would trust before them (IB, HotspotFXi, MF Global's Currenex portal).

All they are doing, to use a tired, but true, old Wall Street phrase, they are simply putting lipstick on their pig and dressing it up to try and make it look pretty. It is still a swine.
 
they acquired the retail accounts of hotspot. Institutional stayed with Knight.

Apparently when they acquired the retail arm, they elected not to use the Hotspot platform based on the opening post and from their website.
 
Quote from cstfx:

I don't think it should make a difference whether they have an ECN trading platform or dealing desk platform...they are still FXCM and there is more than enough bad shit about them out there to keep anyone who knows what they are doing away from them. There are better dealing desks than they (Oanda, GFT) and while currently limiting, there are other ECNS which I would trust before them (IB, HotspotFXi, MF Global's Currenex portal).

All they are doing, to use a tired, but true, old Wall Street phrase, they are simply putting lipstick on their pig and dressing it up to try and make it look pretty. It is still a swine.
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oanda has a lot of problems, my main account is with pfgbest and i also have a account with dbfx they both have been good to me and very good brokers to have large sums of money with, im looking at ADM at the moment thru one of there IB's aaronetrade and also taking a look at vcap cax platforms, b.t.w. MF Global is a very good broker to keep large sums of money and there currenex is not that bad.
 
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