Almost every major broker has paid a fine at some point. The fact that someone hasn't yet been fined is more likely a sign that they are new to the industry or too small to be relevant. The NFA is understaffed and not known for having the sharpest ...

Is the Gain GTX ECN platform available to larger retail clients or just ECPs?

So I just heard something interesting from a friend about FXCM's "no dealing desk". Apparently, their largest liquidity provider by far is a small firm called Effex Capital, which is owned by FXCM itself and was set up solely to act as a ...

CFDs are adjusted for corporate actions, so if there is no change in the total value of the underlying, you should not see a change in the value of your CFD position.

I think you're overestimating interbank spreads. The larger retail brokers have pools of liquidity giving them the ability to hedge at almost no cost. Some HF firms are even paying for retail flow. If you're really considering starting a brokerage, ...

You'll need to be more specific. What kind of capital do you have? Do you care about the tightest average spreads? Tight spreads around news? Low slippage? Fast execution? What kind of execution do you want: ECN, dealing, or agency? What kind of ...