none of them are banks ? Direct Access to Interbank Quotes No hidden price spreading, no markup, no kickbacks. Just the combination of real time prices from 17 of the world's largest FX dealing banks plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account. https://www.interactivebrokers.com/en/index.php?f=759
I am talking about your counter parties, the brokers and exchanges. Banks are liquidity providers and won't ever deal with you unless you are a corporate or wealthy private client. Got it? Perhaps you can describe what type of strategies you attempt to employ, holding periods, cash or options,... then it gets much easier to talk about the right venues.
ok, you don’t trade with banks directly but in the end the banks on IB fill your order That ex-broker told me that ALL banks have “ last look “ otherwise they would not want to offer liquidity , could be that IB asks banks to post only liquidity that is executable Broker Darwinex said that L.P.’s regularly asked the sub-ID (which they normally don’t disclose) of certain trades so they could reject the trades of that trader because they consider it toxic Darwinex has LMAX , SaxoBank and CFH CLEARING as L.P.’s , if one rejects an order ,it is rerouted to another L.P. GlobalPrime reroutes your order till it gets filled, if no one wants to fill your order within 1 second , you will have to place the trade again
I trade through IB and Pepperstone and Baxter Fx and never had issues. So I am not sure what that user is talking about. I hope you find the right counterpart that suits you.