it just adds up to a couple of pips here and there but it all adds up. It makes a difference to the thousands of punters who are trying to make 5 to 10 pips .
I agree but does not mean that this should not be highlighted
And of course it would, if true, make a massive difference to the SB company given the number of transactions they do on a daily basis. An average of one pip for every transaction would soon add up.
I think it would be very interesting to run some sort of test on one of dodgier SB companies to monitor slippage and prices. Of course their defenders will say they can offer whatever price they want as its not the real market, however I think they are under an obligation to treat customers fairly.
I am sure in there T&Cs that nobody every reads it basically says they can rape you and give you any price and execute what they want. They are under obligation to treat customers fairly TCF but proving price / execution manipulation would be tricky. For example if you set up 2 computers side by side, different IP's, same broker if you hit buy at the same time and one got slippage and the other didnt that really doesnt prove much. The broker can easily get out of that. Probably better to try and find ex employees with knowledge of systematic manipulation that they are willing to part with. Dont know what would be in it for you though, the regulator will probably conduct a lengthy investigation and fine them some miniscule % of their profits.
We get it, advertisements are annoying!
But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.