TheCollectiveFX.com (New Brokerage Announcement)

[davidmaria1]

Quote from cabletrader:

If this is on the level (and there's nothing to suggest it isn't, although I'm not familiar with US regulatory laws) this is a great idea and could prove extremely popular, it's what the industry needed.

The lack of any sort of regulation might worry some people though, no? And how about liquidity? Why are you a better choice than other already established true ECN's who offer STP and have multiple liquidity providers and more volume and perhaps more competitive quotes?

Don't get me wrong I'm not finding fault, more playing devils advocate

The US has interesting inter-state regulatory laws. State laws can be superceded by federal decision. However, some states have rules whch would be considered lax by others. Federal law also allows states to "export" their laws, which means, what may be illegal here in Massachusetts, is perfectly fine down in Florida, where the OP is based, and I would be bound by Florida regulatory laws, which are somewhat less restrictive.
Although, compliments on choice of location, Sarasota is beautiful.

 

[Kull]

Quote from 5of7:

Hi, thanks for the comment.

As for liquidity, you would be trading directly with the Tier 1 liquidity providers. So lots of liquidity. Because we don't have a dealing desk, if you ask for too much, there is no requoting, your order will be rejected. But orders up to 100 full lots shouldn't be a problem.

if your site and you people are for REAL

you will be very popular and wealthy in 2 year time

not to mention you can watch and steal other people automated methods

but that's their fault

 

[cabletrader]

Quote from davidmaria1:

The US has interesting inter-state regulatory laws. State laws can be superceded by federal decision. However, some states have rules whch would be considered lax by others. Federal law also allows states to "export" their laws, which means, what may be illegal here in Massachusetts, is perfectly fine down in Florida, where the OP is based, and I would be bound by Florida regulatory laws, which are somewhat less restrictive.
Although, compliments on choice of location, Sarasota is beautiful.

That's interesting, it must be fun being a lawyer in the US!

I've just been comparing quotes and spreads (top is Collective), it will be interesting to watch them across NFP today. Chart time is in my local time (BST) which is a first for MT4!

 

[Ivanovich]

I'm sorry, i have to close this thread.

5of7, see my PM please. You must be a sponsor to advertise here. Not my rules.

Normally I'd delete the thread entirely, but i'll give you the benefit of the doubt that you'd like to speak with Baron in becoming a sponsor.