Quoting pipsDislikedWell I've just closed my accounts with ACM and just opened accounts with Saxo Bank and CBFX .No particular reason other than I don't trust any brokers anymore and feel better going through a bank that display the interbank spread as they receive it.Stop hunting ,brokers trading against you and price manipulation are hopefully things I do not have to worry about anymore .I just want to trade on an as level playing field as possible.
RegardsIgnored
When there are only one dealer quoting you, I don't think it will always give you a fair price you want, no matter it is a retail fx dealer or a bank. It may give you 'best price' for some time when you are a new comer. After you earn some money, I believe things will change.