I am director of Takeprofit Technology, the company that makes the Ashira dealer (probably, the most powerful dealer on the retail Forex market at the moment).
It will be my pleasure to answer any questions regarding this dealer, other our products, or Forex dealing and risk management in general.
Please post questions, I will try to make sure I am really honest with my answers.
I have a little question about your product - why don't the brokers post their names? I'm sure their clients would love to know that their trades are being executed by a plug-in that gives fake quotes. So , please, tell us the names of those brokers. Oh, BTW, I will happily report your company to the CFTC and NFA for any violations of the Dodd-Frank Act. You see, in America, it's illegal to cheat traders by creating fake quotes.
Have a nice day, Timur, you piece of fucking shit.
As your question correctly implies, we don't disclose our Ashira dealer clients because it is considered by most traders to be "bad" for brokerage's reputation to use dealing software.
At the same time, use of dealing software is very prevalent in the industry, and there's nothing inherently "bad" about it — it is a question of risk management policy of a brokerage and terms of its regulation license, it is not an indication of "scam". As far as I know, _most_ big reputable brokerages deal trades to some extent.
Please keep in mind, there are only two ways of handling trades for Forex instruments:
1) either you deal trades (dealing desk),
2) or you pass the trades to another venue that deals them (STP).
Either way as a trader you trade against some dealing algorithm in the end. If it's ours, I can at least guarantee that your trades will be executed as they should, your limit orders and take-profits will not slip in negative direction, and any interference in your trading will be brought to minimum.
What's important is your broker's reputation and execution quality they provide. Do background research, always measure execution speed and slippages, always split funds among several brokerages so you can switch easily, don't trust anybody. If you like your execution, keep trading cautiously. If you don't like it, just leave them.
This motherfucker....
"Either way as a trader you trade against some dealing algorithm in the end" what a crock of shit. You trade against or with the market. Fucking stophunts are not how something moves, thats an artificial movement created by market makers. To add to this bullshit, along come shitlords like Timur and his company, who create their wealth by providing fraud-enablement-services to "Brokers'.
They creates software so "Brokers" can use it for fraudulent activities, the software is created with these features in mind.
To add artificial slippage or spreads = fraud in my book, no matter how you spin it because retail no longer can trade the market as it is. Its artificially being changed so trades have less of a chance to be profitable.
They should actually be forced to disclose current brokers that use their services, specifically these risk-plugins that enable brokers to artificially reduce impact of good EAs or solid trades and be sued, all of them. They enable companies or brokers who apply these plugins to defraud hundred of millions of dollars per day, thats countless felonies where I am from.
Think about it, some company that exclusively works on products used to design drugs or cook meth or whatever that have no other purpose in life BUT to create, design or distribute drugs would be shutdown in a heartbeat, but these clowns....? Still here today
