Dear Vanov,
Let me enlighten this matter for you.
1. We use a pool of liquidity providers with over 15 top banks in it. In each particular time a trade can be executed via the one with better price. I will not post names/companies here because this is a commercial secret. We offer extremely tight spreads and fast execution due to the fact that we contributed a lot of efforts in making arrangements and establishing our business. I am not going to hand it out as that is what gives us a certain edge over our competitors. You may like it or not but this is how we operate and it will not change.
2. Right. But if IB steals money from the company and the clients - this does not make us happy. Guess why?
3. This is called slippage and both OctaFX (
About forex ECN trading | OctaFX) and Google are at your service to find out what it is. We technically can not influence spread coming from the LPs even if we wanted to. If you watch the video closely you will see that trades experience both negative and positive slippage. In fact it is just 1-2 pips, which is practically nothing. Check it online, most traders experience 10+ pips slippage at least with different brokerage companies. That's a real market and it is changing. MT4 only shows the BEST price at the moment. It can not show all the prices, it was not designed to.
Apart from that in this video you can see this crook is trading IN HIS OWN ACCOUNT 115653. You can see it in Metatrader 4 header. This is the direct evidence of how exactly
he stole 24000 USD from us.
And then you see fake accounts with one message just to post that we are a f***ing stupid company... Fake accounts, fake identities, money stealing - here I recognize our old friend Pupung. It is very like him to act this way. Too bad people know the truth, other brokers know the truth and his little business is dead.
You know, the situation is very simple. Pupung
stole 24000 USD from us. Why do you make us excuse?