Discussion in 'Forex Brokers' started by JamesL, Jan 5, 2010.

  1. JamesL


    Does anyone have any experience with CitiFx MT4 for trading? I know they are a dealing desk operation but I am looking at them for swing trading, not scalping/fast trading and am attracted to the FDIC protection offered. I figured if my time frame is more long term, then that overcomes the limitations of a dealing desk.

    Any thoughts?
  2. The only way to overcome the "limits" of a dealing desk are to not deal with one.
    Does the term "conflict of interest" mean anything to you.
  3. Do they have their own platform or do they white-label someone else's?

    If they white-label, anyone know who they use?

    Yes dealing desks suck.
  4. cstfx


    They have 2 software platforms - one is a white label for Saxo Bank, they other is the ubiquitous MT4. Can you white label MT4 or do you have to set up your own servers?
  5. You could whitelable another mt4 broker (Metaquotes itself is a software company only), although i doubt Citi needs/wants help in making markets in FX.
  6. You don't need to white label MT4. As a brokerage you simply buy a license from one of the data providers. Not sure who else is out there but Boston technologies is one such outlet.