ECNs vs. Slippage

Interesting.. I find it peculiar that FXCM would offer white label to non-regulated IBs, especially in light of the pending CFTC proposal calling for guaranteed IBs. I guess if it's all overseas, it might not matter. Though it would certainly help JadeFX's credibility if they simply stated they were a FXCM white label (if that is indeed the case).

Also, $3 per side is significantly undercutting ATC. I think the IB rate starts around $3, so I can't imagine what Jade's cut in this is..