They didn't even give you correct information. Its 10 million, or an adjusted liquid surplus calculation. Which is 50k + x% of dollars over X amount with 3 brackets.. Perhaps you should catch them out on their misinformation.

Australian Brokers and ASIC

Or maybe they are trading from an offshore account. Check liquidity, most is offshore!

Class Action Lawsuit Against FXCM

Providing such incorrect information in this thread... (closes door and leaves)

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

I think some of the information in this thread needs updating. Once upon a time the retail market was such a small amount of liquidity in the FX market. But as of late, the retail (ECN,MM,Whatever) market is starting to create significant chunks of ...

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker...

Works fine for me, perhaps you are from the US or there is a problem with the net connection there..

Issues with FXOpen

Lol, 8 years later and the rumour still exists? man.. Stop starting rumours and spooking the world for no reason. Its un-necessary.

Issues with FXOpen

ummm .4 of a pip? the sky is falling? Thats just a price in efficiency.... You can actually take advantage of that if there is liquidity there... I am not telling you how though.

is this an ECN or not?

didnt ACM get raided this year?

ACM/Swissquote Bank

The market is most certainly advancing technologically. The thing to remember is, just because you don't see it doesn't mean it doesn't happen. Tricks are getting a bit less obvious these days, and 'true' ecn does not mean ECN anymore. With your ...

Have brokers improved their performance?

And yet I still bet you use public transport Karl....

Declaring income

They meet up and their trades get matched? Sounds like a bucketshop. Matching clients with clients.... Not taking liquidity from various sources, just local liquidity. Fills will be a huge issue.

LMAX = revolution?!?

Ok so remind me when you get direct access to always be a counter party to you and not pay up. That way, I make money if I win, and you lose money no matter what...

Is MBT really an ECN ?

Ick this thread has gotten messy. For legal reasons any broker, ECN market maker etc has to act as the counter party. Reason being, if they legally sign the contract of counterparty to whomever your order is filled with and that person fails to pay ...

Is MBT really an ECN ?

I would be breaching ASIC's regulation by stating so, as its not all finalised. So I will not.

Instaforex, are they honest and reliable?

most of them do. Check forexpeacearmy they have a list of most brokers and they have reviews etc. Although some reviews are biased, it gives you a sense of direction.

Instaforex, are they honest and reliable?

lol @ instaforex... all you have to do is go to google and type "instaforex scam"..

Instaforex, are they honest and reliable?

Yes, I am fresh out of Gitmo.... Had to shave the beard too.

FXCM Discussion

last I heard, Alpari was run by the Russian mafia...

FXCM Discussion

Sunday is the first day of every week :S

FXCM Discussion

I would say macquarie bank. Their platform is good, but I don't like the macquarie bank attitude. They are renouned for theft and dodgy business practices. Theres alot of brokers to choose from, but if you want to stick with a bank, ANZ is probably ...

Safe Broker For any Aussies