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- rnettles replied May 20, 2009
Rous Technology offers a MT 4 bridge to Currenex. The website is www.roustech.com
- rnettles replied May 6, 2009
I personally have never traded with duka. But I work in the industry and I do like their business model. I also hear rumors their business model isn't what it appears on the outside from people who have worked there. But, I can't say unless I was ...
- rnettles replied May 5, 2009
Wow, FXCM is swallowing up all these firms in the US. It sure pays to have started in this business as a broker in the beginning, FXCM is really reaping the benefits now. I think the 250K fine is ridiculous they charged I trade. I'm curious if the ...
- rnettles replied May 5, 2009
Dukascopy is not licensed in Switzerland to do this business. Regarding the others. 1. Currenex is not a broker, they are just a software provider. There are many brokers/banks that offer this platform to clients. Its a multi bank platform but each ...
- rnettles replied May 5, 2009
I would only trade with brokers in Switzerland that are listed on the FINMA site. To check to see if your broker is licensed in Switzerland, go to www.finma.ch and then go to institutions and type in the company name and hit search. FINMA is the ...
- rnettles replied May 5, 2009
[quote=Redox77;2711444] In my view they don't help the traders or brokers. They just help themselves to make profit just like any other business.
- rnettles replied May 5, 2009
Finma is the regulator in Switzerland www.finma.ch To find out if the firm you are dealing with in Switzerland is licensed you can go to the website and select institutions then type in the company and hit search then you will see if they are a ...
- rnettles replied May 4, 2009
I definitely think regulation should exist, but the regulators should have industry experience, not just lawyers that took a few finance courses during school. I have dealt with regulators from the NFA, FDIC and FINMA. All of them don't have a clue ...
- rnettles replied May 2, 2009
There are 3 types of brokers and taking more spreads varies depending on each type of broker below. 1) A broker that takes full risk exposure. This means that if the trader buys/sells the broker takes the opposite side of the trade and hopes that ...
- rnettles replied May 2, 2009
Are you looking for a broker that offers a MT platform connected to an ECN platform in Europe or would a broker that just has an ECN platform be good as well. Regarding Interactive brokers, yes they offer an ECN style platform. But, I dont know if ...
- rnettles replied May 1, 2009
I agree with you oakmonster. I am an american that works for a bank in Germany that offers retail forex and even though this news is good for me. I talk to many people outside of the US and many do not want to deposit money in the US anymore. They ...
- rnettles replied May 1, 2009
Shrike, as you know you shouldn't believe everything you read on forums and thanks for asking me to explain a few things. I would say my past is very good I was a NFA regulated broker since 1997 but unfortunately I worked for 2 firms that were ...
- rnettles replied May 1, 2009
The big banks are just as much out to make money from traders as the brokers are. I used to work in a US bank and I remember our dealers traded thru "the world's largest FX liquidity provider" bank. I'm sure you can guess who. And during news many ...
- rnettles replied Apr 30, 2009
Hi Shrike, I didn't realize I was famous.
- rnettles replied Apr 29, 2009
I work for a german bank and we offer MT and we have a connection into an ECN platform. So, there are no requotes. You will only see requotes with brokers/banks that are making markets. Keep in mind, even in the higher level, when you trade with ...
- rnettles replied Apr 29, 2009
As long as the broker/bank is regulated you should have no problems with getting withdraws.
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