Disliked{quote} Hi Profit Daily, FXCM believes NDD forex execution provides a fair model for our traders and eliminates the conflict of interest that is present when you trade with a dealing desk broker. When you are trading with a dealing desk firm, or a market maker, at the most basic level, when you lost money on those trades, they may profit off of your loss. And as you mentioned, some dealing desk brokers announced profits that day. When you are trading with a dealing desk firm, or a market maker, at the most basic level, when you lost money on those...Ignored
Oh, I agree 100%. That was my point. FXCM just recently has made the move to 100% NDD. A great move which made me actually consider using you guys. I was just stating that under your old model, this would be a way different scenario.