VCap is an IB for FC Stone. You can get the same deal going directly to FC Stone that VCap would offer, but the commissions would be much cheaper by eliminating the middle man, which in this case is VCap.
DislikedHi,
Apologies if this has been raised here already, and not exactly on the MT topic, but below is a link to explanations of, and d/loads for several broker platforms.
This particular link explains one of the platform's ability to create & "smooth" prices, it also lets the brokers drive prices where they want, and do so for specific clients.
http://www.vcapfutures.com/forex-tra...r-fx/index.asp
. . . . and then click on the "Features" Tab for details.
Some of the "advantages" are:
* ..the TrackWheel will take the clean price and add the Market Maker's defined spread (and possible skew).
* The dealer can stop prices being broadcasted or control prices in manual mode.
* --Tiering takes the core prices---, and adds client specific tiers to these prices.
* "-- a tool for market makers to transmit client specific, tradable prices to different destinations.
Good luck.
ChrisIgnored