Another No Dealing Desk UK broker offering spread betting is http://www.activtrades.co.uk/
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Is there a MT4 no-dealing-desk broker that has 3 pip spead on GBPUSD? 8 replies
No-dealing desk broker with 100:1 leverage 22 replies
Dislikedre: FXCM. I am in testing but early findings are going towards the NDD solution under MT4 being somehow different to their own platform (Trading Station). I have found the NDD solution with their TradingStation acceptable (support is very good), but too early to say excellent yet. So far I've had trouble when purely with MT4, but again it seems too early to be sure.Ignored
DislikedThe NDD solution still allows the broker to increase spread and delay response times - they are perfectly entitled and within their rights to do this.Ignored
DislikedJason does a very good job at what he does. He never says anything untrue per sec but I will act as the counterbalance here for one and all. That said when he says that they can't delay prices I know they certainly can - because I can. How? Well an attacker could DDOS the FXCM server for a start - that would introduce delay.Ignored
DislikedI believe FXCM can offer a great service but it depends on which service you are using. I attest to experiencing problems with the MT4 execution with spreadbetting. These are what I have experienced directly in testing: - pending trade not executed - delay in cancelling order - spread widening. Nothing wrong with this; actually pretty useful as an indicator! - Invalid parameter when moving a stop that was 300pips away from price - this closed the trade... perhaps a MT4 bug, I don't know... but the price quickly went against me as soon as the position...Ignored
DislikedAre there any other NDD STP spreadbet brokers based in or near the UK yet?Ignored