Does anyone see their broker on the pdf? #dealerplugins
Results 1 to 6 of 36

Thread: Does anyone see their broker on the pdf? #dealerplugins

  1. #1
    Yes, it's well-known that brokers in general are very dishonest and actually can't be trusted. Also, it is generally a well-known fact that brokers use plugins.

    That being said, the purpose of posting this was to emphasize this point and expect that anyone who didn't know, now understands! Have a look and see whether your broker is listed!

    STP, ECN, DMA, are all words thrown around by brokers that don't have any meaning whatsoever as they fully open to interpretation from the broker. There really is no valid definitive meaning for these phrases that brokers must legally follow (in many countries), which is also why even controlled brokers asserting that they are STP, ECN, or DMA, are not.

    From personal experience, I would go as far to say that 95% of brokers have been bucket stores claiming to become STP. With brokers being dishonest, it should be up to this broker to prove they are not. Like sheep we feel that because our broker says he is STP to liquidity suppliers, that they must be telling the truth! Wrong!

    I suggest you ask your broker to demone this. How? Simple!

    Email your broker and ask them for a receipt as to which bank/lp full your order. They will email back with some explanation like sorry we are not set up this way or sorry we use pool that is dark liquidity. All BS.

    Every broker employs a routing supplier like gold-i or onezero (many more) which all keep accurate records of precisely what occurred to the clients trade. Whether it had been warehoused (held within the broker/market manufacturer) or partially warehoused or sent straight off to the lp.
    https://www.forexsoutheast.asia/atta...1879840262.pdf

  2. #2
    We're listed...

    However, we didn't purchase this particular item. We did purchase their klondike bridge's source code and use it with some of our customized pricing feeds.

    I understand that generally uninformed retail customers prefer to supplement market makers, but without these, there's no market. All of the banks in FX are market makers, traders, and they alert and all use algos to fight them to 'sharp' or otherwise flow with decay levels. Like not these market players are necessary, period.

    This business actually NEEDS is REAL eduion. Since the retail industry becomes more attentive to the market they're trading in we now have a business of this industry I'd refer to as 'professional retail,' BUT this industry is in the dark about the real nature of what happens when they click to buy or sell in their broker's platforms.

  3. #3
    Quote Originally Posted by ;
    Yes, it's well-known that brokers generally are very dishonest and actually can't be trusted. It is generally a well-known truth that brokers use plugins. That having been said, the purpose of submitting this was to highlight this point and expect that anyone who didn't understandunderstands! Take a look and see whether your broker is listed! ECN, STP, DMA, are all words thrown around by brokers which don't have any significance whatsoever since they completely open to interpretation by the broker. There is actually no lawful definitive significance for all these...
    I think that some sort of the material is used by most brokers. Especially when you've got a little account.
    I can inform you that in my account once I have became profitable I've discovered an improvement on implementation, when my account had been loosing It looked like the order were slower.

    Some kind of profiling can be used to comprehend whether the user is making money and send the order to the market with the great execution.

    With other brokers I did notice something similar.

    Quite likely they use some scoring to the user. If you are great they send you to the market, otherwise they don't.

    But let us tell the truth this is only an issue if you are profitable and only in the event that you have issues withdrawing cash.

    Otherwise it doesn't matter.

  4. #4
    Quote Originally Posted by ;
    Yes, it's well known that brokers generally are very dishonest and actually cannot be trusted. It is generally a fact that brokers use plugins. That the intent of submitting hope that anyone who did not know and this was to highlight this point, today knows! Take a look and see whether your broker is recorded! STP, ECN, DMA, are words thrown around by brokers which have no significance since they completely open by the broker. There really is no legal definitive meaning for these...
    Thanks for the note, I find a lot more useful to look at their ToS (execution provisions). They're obliged to say that in the document, if they are MM.
    Its for all those you could not loe in the list.

  5. #5
    Quote Originally Posted by ;
    We're listed... But we didn't buy this particular item. We did, however, buy the bridge's source code and use it with some of our custom pricing feeds. I understand that generally uninformed retail customers like to demonize market makers, but there is no market. All the banks in FX are market makers, traders, and they alert and all use algos to combat them to 'sharp' or otherwise flow with decay levels. Like or not these market players are necessary, period. What this business actually NEEDS is...
    That MMs are neccessary is beside the point. Its implossible to slit this any other manner, with a plugin is nothing fraudulent and contradicts every ideal execution disclosure. The right approach to deal with toxic clients is to quit doing business with them, plain and simple. Your comment speaks volumes about how your companies handles them. You can probably get away lol, with a Vanuatu domicile with it.

  6. #6
    Reprehensible and shameful. This is down right dull, conniving and dirty handed.
    What despicable little muppets.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.