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LiquidMarkets

  • Post #1
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  • First Post: Edited Feb 17, 2013 4:28am Feb 16, 2013 12:15pm | Edited Feb 17, 2013 4:28am
  •  LEXngton
  • | Joined Nov 2006 | Status: Member | 206 Posts
Are there any IB agents for LiquidMarkets (old TadawulFx) here that will accept a minimum initial deposit of $1,000 USD to open a new Mini fixed spread account there? If so please IM me. I will give feedback about broker once account is opened in this forum. Thanks.
  • Post #2
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  • Feb 16, 2013 2:11pm Feb 16, 2013 2:11pm
  •  aiming4stars
  • | Membership Revoked | Joined Nov 2012 | 172 Posts
Quoting LEXngton
Disliked
Are there any IB agents for LiquidMarkets (old TadawulFx) here that will accept a minimum initial deposit of $1,000 USD to open a new Mini fixed spread account there? If so please IM me. I will give feedback about broker once account is opened in this forum. Thanks.
Ignored
That's funny, the "mini account" needs an initial deposit of 2000$. I don't quite get it to be honest.
If you aim for the stars- but miss, you still get the moon...
 
 
  • Post #3
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  • Feb 21, 2013 7:01pm Feb 21, 2013 7:01pm
  •  jhehe
  • | Joined Jan 2012 | Status: Just Pippin' | 459 Posts
Quoting aiming4stars
Disliked
That's funny, the "mini account" needs an initial deposit of 2000$. I don't quite get it to be honest.
Ignored
what do you mean? never seen an ECN broker? it's not uncommon for such a high initial deposit, just because brokers are becoming more and more competitive and offering lower deposits, that doesn't mean you should go for them. chances are they are taking the other side of your trade while lqdmarkets is actually matchmaking.
 
 
  • Post #4
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  • Feb 21, 2013 8:09pm Feb 21, 2013 8:09pm
  •  lasty
  • Joined Aug 2008 | Status: Member | 3,386 Posts
Quoting jhehe
Disliked
what do you mean? never seen an ECN broker? it's not uncommon for such a high initial deposit, just because brokers are becoming more and more competitive and offering lower deposits, that doesn't mean you should go for them. chances are they are taking the other side of your trade while lqdmarkets is actually matchmaking.
Ignored
If a broker is offering fix spreads like liquid does then they are taking the otherside of the trade.
There is nothing wrong with a broker doing that (banks do it all the time) provided they offer you the price that reflects the true market and not their fantasy market.
 
 
  • Post #5
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  • Last Post: Mar 5, 2013 10:44pm Mar 5, 2013 10:44pm
  •  jhehe
  • | Joined Jan 2012 | Status: Just Pippin' | 459 Posts
Quoting lasty
Disliked
If a broker is offering fix spreads like liquid does then they are taking the otherside of the trade.
There is nothing wrong with a broker doing that (banks do it all the time) provided they offer you the price that reflects the true market and not their fantasy market.
Ignored
brokers aren't as transparent as they used to be. clearly lqdmarkets is doing both. that's why they have a set of floating spreads account and fixed spreads account, which has nothing to do with the deposit and spreads. ECNs (matchmaking) tends to have lower spreads, but who knows, there's always going to be a crazy broker out there doing something they shouldn't.

this isn't the only example, there are many brokers that aren't as transparent as you would think(ie. exness, tradersway..)
 
 
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