Forex club offers non-dealing desk accounts they claim, but I have a hard time believing them, here is my chat with the support guy from FXClub
What do you think? Please share your experiences with this broker if you have any.
QuoteDislikedSupport Michael: [11:31:28 AM] Welcome to our real-time support chat. How can I help you today?
O: [11:31:29 AM] Who are your liquidity providers for NDD accounts?
[11:31:55 AM] Hello Michael , I noticed you offer NDD accounts, who provides the liquidity for such accounts?
Support Michael: [11:32:06 AM] We don't share this information, i'm sorry
O: [11:32:33 AM] so what guarantees that the prices quoted on your NDD accounts are not from your own dealing center ?
[11:33:06 AM] or that in general your dealing center is not part of the other side of the order
Support Michael: [11:34:12 AM] Sorry, we don't really share the information about our partners. If you don't believe us, you don't believe us
O: [11:35:31 AM] So if I understand you , you saying that there are no guarantees that your NND accounts are really NDD ?
Support Michael: [11:35:43 AM] I didn't say that
O: [11:37:23 AM] So how can I feel assured that my orders will not be processed by your dealing desk on my NND account?
Support Michael: [11:37:39 AM] Well if you don't believe it, you don't believe it, i'm sorry
[11:38:08 AM] We don't share about our partners who provides liquidity for NDD accounts
O: [11:38:48 AM] ok before I leave one last comment is that I never said I don't believe it , I am trying to believe it .. Thanks for your time
