Quote:
Originally Posted by prasxz
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Lets make picture clear: UBS, DB, Citi, who are they? They are market makers.
What is ECN it is market place for several market makers.
What is advantages of ECN against single market maker, that it is not possible to manipulate the spread.
With Ikon , you have access liquidity from 17 market makers ( 16 banks plus Ikon itsef), then what is wrong?
I think Ikon offer excellent business model. Actually i tried their services for 2 week with small account of 500 usd. No single requot!
I was using Currenex from one the most reputable broker, and had slippage of 70 pips!!!!!! Also i very well remmember when Currenex was down for 6 hours, and i lost 700 usd.
So i think it is better to understand trading model, then make a desicion.
Beleive Ikon offers really good model.