I have never personally subscribed to the service and do not intend to but have been on some of the webinars that he run for free as he started the website to try and gain some publicity. I have wasted hundreds of pounds on books like most aspiring traders but attended the free webinars and...
I did try the demo and the platform did not seem as user friendly as other platforms I have used before.
In fact nothing like but never heard a bad word about Prospreads.
Rob,
The voices are now overwhelmingly in favour that your new charts are crap.
ETX Execution and platform has always been one of the best but you have dropped a bo****k on these
and you will lose client share as a result.
If anyone actually like these charts then please prove me wrong but for...
I believe that's because that the government backed deposits scheme will only cover hard cash on deposit and not necessarily open positions with unrealised profit!
But by that theory one would hope if you had a losing one that would be wiped off also - I doubt it!
All too expensive as compared to IG's advanced which are free if you make 2 trades a month. Has anyone used the alarms on the advanced charts - do they offer alarms for any breaks of MA's, trend lines etc?
I think I am going to try them out as their spreads are keen and no other SB firm offers...
Thanks I am awaiting our IT people coming in next week.
A question for you about your Clients how do your orders work do they go into real market or stay within your internal market also do you hedge against Clients orders.
I have another question for you Simon,
If your prices are derived from the real market where does your orderbook Level 2 data come from.
Is that a mirror of the orderbooks from CME or LIFFE etc? Or the Prospreads orderbook?
There is nothing concrete yet and they will have to draft the proposals on regulation which will give some more details. The issue that concerns me is that if retail fx which is non spreadbet has to go thru a market clearing house is that margins will go thru the roof!
We will have to wait and...
I would have a serious look at his outfit in respect of the spread they offer, FSA regulated and Clients funds secure to 50k!
Not on commission honest - but decided to check them out myself after discovering this thread.
Only just opened account so will be using them soon as I sort out my...
On a different note I can say that looking at your spreads they seem about the best available except for one major USD/CAD which is about 7.5 pips as compared to others with a typical spread of 2-3.
I dont understand why such a difference on that one major when all your others are so keenly priced.
My initial cynicism takes me in the direction that all futures and FX would have to be regulated in the EU in order to quantify the number transactions which in turn would enable transactions to be TAXED!!!
With most spot fx transactions and the like they have no means of ascertaining who and...