FX brokerage: why the pure agent model is impossible. Hidden conflict of interests
|In this webinar we try to dispel a myth, intentionally created by some FX brokers to attract clients. The author expresses official opinion, formed when working in FX industry. We refer to companies, making deals on their behalf but positioning themselves as clearing agents. We express a number of practical methods that allow you to examine critically broker's activity and will probably let you dispel the myth yourself. Technological and legal approaches are used to show that pure DMA model is practically impossible for FX retail brokers.
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