OctaFX Discussion + SUBMIT YOUR REVIEW Website: www.octafx.com Founded: 2011 Company Reg.: Octa Markets Incorporated. Business license no. 19776 IBC 2011. Headquarter: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines Regulation: IFSA of St.Vincent (#19776 IBC 2011)
DMA/STP Forex brokers
DMA - "Direct Market Access", STP - "Straight Through Processing"
DMA/STP brokers act as counterparty and transfer client's order to the liquidity providers (market execution), as DMA/STP brokers have good numbers of liquidity providers the orders will be filled at the best available prices.
- The good: no re-quote.
- The bad: The market is always moving so the filled prices may not the same as what displayed on trading platform.
How DMA/STP brokers make money?
- The broker will fill your orders at the best market available prices but the price you actually get is something higher, the broker will add small mark-up to the actual price, it's their profits.
- Unlike ECN brokers, DMA brokers do not charge commission on your order.
IamFX Discussion + SUBMIT YOUR REVIEW Website: www.iamfx.com Founded: 2009 Headquarter: Samuel Lewis Avenue, Comosa Building, 1st Floor, Office 2, Apartado 0823-04294, Panama City, Republic of Panama Regulation: Not regulated. Note: IamFX client funds are held with Gallant Capital Markets (“GCM”)
IC Markets Discussion + SUBMIT YOUR REVIEW Website: www.icmarkets.com.au Founded: 2007 Headquarter: International Capital Markets Pty Ltd Level 2, 2 Bligh Street, Sydney, New South Wales, 2000 Australia Regulation: ASIC (AFSL 335692) Note: International Capital Markets Pty Ltd ACN 123 289 109. Australian Financial Service Licence No. 335692.
Darwinex Discussion + SUBMIT YOUR REVIEW Website: www.darwinex.com Founded: 2013 Company: Tradeslide Trading Tech Ltd. (Company number 08061368) Headquarters: Acre House, 11-15 William Road, London NW1 3ER, United Kingdom Regulation: FCA (FRN 586466)
HotForexDiscussion + SUBMIT YOUR REVIEW Website: www.hotforex.com Founded: 2009 Company: HF Markets Ltd Company Reg. No. 094286/GBL. Headquarter: HF Markets Ltd, Suite 434, Ebène Heights, 34 Cybercity, Ebene, Republic of Mauritius Regulation: FSC #C110008214 (Mauritius) • CySEC
GO Markets Discussion + SUBMIT YOUR REVIEW Website: www.gomarketsaus.com Founded: 2006 Headquarter: Level 13, 160 Queen ST, Melbourne, VIC 3000, Australia Regulation: ASIC (#254963)
Synergy FX Discussion + SUBMIT YOUR REVIEW Website: www.synergyfx.com.au Founded: 2011 Headquarter: Synergy Forex Pty Ltd, Level 8, 56 Pitt Street, Sydney, NSW, 2000, Australia Regulation: ASIC (AFSL # 403863)
FXOptimax Discussion + SUBMIT YOUR REVIEW Website: www.fxoptimax.com Founded: 2011 Company: FXOptimax Ltd (21417 IBC 2013) Headquarter: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, West Indies. Regulation: no.
MIG BANK Discussion + SUBMIT YOUR REVIEW Website: www.migbank.com Founded: 2003 Company: MIG BANK Ltd Headquarter: 4, Avenue d’Ouchy, 1006 Lausanne, Switzerland Regulation: FINMA (No. CH-645.4.096.536-3) Note: MIG Bank is now merged into Swissquote Bank Ltd (September 25, 2013)
AFX Capital Discussion + SUBMIT YOUR REVIEW Website: www.afxcapital.com ; www.supertradingonline.com Founded: 2010 Company: AFX Capital Markets Ltd Headquarter: 73 Ayias Zonis & Tirteou, 3090 Limassol, Cyprus Regulation: CySEC (#119/10) • FCA (UK) • CONSOB (Italy)
One Financial Markets Reviews One Financial Markets Discussion + SUBMIT YOUR REVIEW Website: www.onefinancialmarkets.com Founded: 2007 Headquarter: One Financial Markets, 20 Savile Row, London, W1S 3PR, United Kingdom Regulation: FCA CONTACT NOW » OPEN DEMO ACCOUNT » OPEN LIVE ACCOUNT »
RoboForex Discussion + SUBMIT YOUR REVIEW Website: www.roboforex.com Founded: 2010 Company: ROBOFOREX LP, registration number 2538375. Headquarter: Level 3, 13 O’Connell St, Auckland, 1010, New Zealand Regulation: CySEC (191/13) Note: ROBOFOREX LP is a member of Financial Services Complaints Ltd (FSCL).
TradeStation Discussion + SUBMIT YOUR REVIEW Website: www.tradestation.com Founded: 2001 Company: TradeStation Group, Inc. Headquarter: TradeStation Building, 8050 SW 10th Street, Suite 2000, Plantation, FL 33324, United States Regulation: NFA • FINRA • SIPC; NYSE Member
FXCM Discussion + SUBMIT YOUR REVIEW Website: www.fxcm.com ; www.fxcm.co.uk ; www.forextrading.com.au Founded: 1999 Company: Forex Capital Markets Ltd. Headquarter: 55 Water St., 50th Floor, New York, NY 10041, USA Regulation: NFA US # 0308179; FCA # 217689; ASIC, ARBN: 121934432, AFSL: 309763 (Australia); SFC CE # AIM232 (Hong Kong); ACP (Italy) • FIN-FSA (Finland)
FastBrokers Discussion + SUBMIT YOUR REVIEW Website: www.fastbrokers.com Founded: 2004 Headquarter: 500 North Brand Blvd. # 1950, Glendale, CA 91203, United States Regulation: NFA (NFA ID: 0342002) • CFTC Note: FastBrokers is a division of Fast Trading Services LLC