The same way that anyone can explain it. But that neither matters at all nor detracts from my factual points above, because it isn't relevant to this conversation what some companies in other industries do: it has absolutely nothing to do with my point at all, which (as so often) you're wilfully ignoring and just clutching at straws to try to make yourself right, rather than being willing to think about it and learn something. Your difficulty in understanding this, as equally demonstrated in so many other threads, stems from your fundamental lack of understanding about the differences between genuine brokers and counterparty market-makers, the respective business models of each, where and how their income is derived, what sort of customers they're trying to attract and why (and, in this case, also "how"), and the significance of that to each of us in deciding where and how to trade. In a sense, the whole underlying issue relates to a common feature of forum conversations about forex trading: there are two hugely different consensuses of opinion on display in forums - one represents the typical views of "struggling retail forex traders" (mostly trading forex with wildly unreasonable expectations because they want to take advantage of the huge leverage offered, as they're undercapitalised for trading in the first place), and the other the typical view of people actually making a living through their trading. The huge disparity of beliefs, attitudes and understanding between these two groups of traders alone might tell you something - but only if you're willing to learn something rather than just trying to "Be Right".
[XEla+QUOTE="lovethetrade, post: 4462827, member: 494825"]Thanks for that info, looks like NinjaTrader and ThinkorSwim does spot forex as well. They are the ones traders should be using not the bucket shops. So, the credible list so far is 1. Interactive Brokers 2. NinjaTrader Brokerage 3. ThinkorSwim Its a shame the industry (mainly outside the US) has let investors down by allowing these dodgy FX brokers and CFD providers to operate. No broker/provider should be allowed to create a market whether they disclose it or not due to the inherent conflict of interest. Otherwise they prey on investors that lack experience (allow credit card deposits, deliver poor execution, provide a laggy or uncomfortable platform to trade with etc) which contradicts every financial regulatory body's core principles. Thats what I'm baffled about, why would they allow it in the first place and still allow CFD providers to operate in most countries today when investor/consumer protection is their fundamental principle. The SEC is onto it, they know it's gambling and that's why it's banned. CFDs are big in the UK, same with sports bookmaking . I suspect it's because it's an important part of their economy. Why else would they allow these scammers to operate.[/QUOTE] %% Two points LoveThe Trade + XELa; {1}I may have averaged slightly better fill$ with IB than [AMT, which discloses selling order flow]; but i really liked both since i mostly use limit orders good volume stocks/ETFs.So as long as they disclose it , fine with me- to few players/market makers create an ill-liguid/goofy market. [2]As far as gambling; here is why some allow it.[not that trading-investing is gambling ;its NOT gambling @ all]Great state TN,[USA] has promoted lottery for years; but like Dave Ramsey says ''the lottery is a stupid tax on people that cant do math'' And even IB has suggested 2 brokers, fine ;AMT answers the phone/good customer service, also.LOL As always ; buyer beware/seller beware...............................................................................
In my opinion, TeleTrade is great, because they have a lot of good support programs and enthusiastic customer service.
I CANT RECOMMEND THIS BROKER!!! LOST WITH THEM LAST YEAR OVER 13k ON THE GAP WHICH NOT EXISTING ON THE REAL MARKET! STAY AWAY FROM FXCM !!!
I'm trading with FXB now. Before use this broker, i ever used other broker for trading. This broker has good trading condition and it makes me feel comfortable