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Yes there are brokers who does not use liquidity providers, such as IG, XM, Oanda, eToro, Plus500 because they are the liquidity providers, they make the pricing. Most brokers prob use JB morgan, Citibank but they mostly use Citidel, but by law they do not have to share that with you.
Updated Sep 11, 2021Post
This XM insane and cruel broker still cut your balance without explanation. Even you do confirm in 24 hours, because they know it is their fault and they want money so much. Guys be aware, tomorrom have to watch it all day or they will close your positions. Capture all transaction you do on this fake broker.
Updated May 6, 2017Post
0.00 I e-mailed them back they said sometimes it takes 72 hours I waited and still the balance is still the same I emailed them that I didn't get my money they said I must check with Skrill I contacted Skrill but they said my account is fine if they money was transferred I would have got it ..now when I call and email ..
Updated Jun 20, 2018XM and Industry Leading Execution - SCAM! xm.com Thread
100.00 EURUSDmicro at 1.34022 sl: 0.00000 tp: 0.00000 at price 0.00000 2014.07.30 12:04:11.116 '11135464': order was opened : #18312113 sell 100.00 EURUSDmicro at 1.34022 sl: 0.00000 tp: 0.00000 2014.07.30 12:04:06.834 '11135464': order sell market 100.00 EURUSDmicro sl: 0.00000 tp: 0.00000 2014.07.30 11:57:12.010 X..
Updated Jul 30, 2014