WHY DID WE CHOOSE FXCM LTD. FOR THIS DEAL.
No Re-quotes from FXCM
Some Brokers trade against their clients and re-quote in order to make money on your trades. That is a conflict of interest. FXCM LTD will not interfere in your trading by re-quoting your trades. After you send FXCM LTD an order, your position is executed as soon as their hedge is established. This means that the order you placed is filled without re-quotes during most market conditions.
Many market makers issue re-quotes, and sometimes for legitimate reasons. But re-quoting carries the potential for conflict of interest between the market maker and the client. If a market-making firm finds it cannot make money on your trades, it may provide you with an aggressive re-quote, regardless of the true market price.
To avoid any conflict, FXCM LTD will never re-quote you another price. After you send FXCM LTD an order, your order is executed as soon as a hedge is established. Since all spread bets are hedged real-time in their various underlying markets, FXCM LTD's spread can vary.
*FXCM LTD. and Livescalping.com are compensated through the spread ( the bid/ask prices)
† The UK tax treatment of your financial betting actvities depends on your individual circumstances and maybe subject to change in the future or may differ in other jurisdictions.