NordFX Discussion + SUBMIT YOUR REVIEW Website: nordfx.com Founded: 2008 Company: Nord Group Investments Inc Regulation: FSC (Mauritius) • IFSC (Belize), SEBI (India)
STP Forex brokers
STP - Straight Through Processing.
STP broker is a hybrid model between Market Maker and DMA/STP. Sometime it routes your order to the market (acts as an DAM/STP broker - if you win) but sometime it does not (display it own quotes and acts as a Market Maker - if you lose).
- The good: more accurate prices and transparent compare to Market Makers broker, smaller conflict of interest.
- The bad: re-quotes and order rejections.
How STP brokers make money? They have two ways:
- Routes your order to the market and add spread mark-up (similar to DMA/STP)
- Acts as Market Maker and earn from your lose.
Is it a win-win situation where broker always profit? Probably not but it does work most of the time!
xCFD Discussion + SUBMIT YOUR REVIEW Website: xcfd.com Founded: 2013 Company: xCFD Limited (company register #4579019) Headquarters: 41 Shortland Street, Plaza Level, Auckland, 1010, New Zealand Note: xCFD Limited is authorised and regulated by the Financial Services Complaints (firm registration number FSP309046
IFC Markets Discussion + SUBMIT YOUR REVIEW Website: www.ifcmarkets.com Founded: 2006 Company: IFC Markets Corp. (reg. #669838) Headquarter: Quijano Chambers, P.O. Box 3159, Road Town, Tortola, British Virgin Islands Regulation: British Virgin Islands Financial Services Commission (BVI FSC), Certificate No. SIBA/L/14/1073
Fort Financial Services Discussion + SUBMIT YOUR REVIEW Website: www.fortfs.com Founded: 2013 Company: Fort Financial Services Ltd, Reg. #126.489 (Belizee) Headquarters: Suite 5, Garden City Plaza, Mountain View Boulevard, Belmopan, Belize Regulation: International Financial Services Commission of Belize (IFSC/60/256/TS/13)
Direct FX Discussion + SUBMIT YOUR REVIEW Website: www.directfx.com Founded: 2006 Company: Direct FXTrading Pty Ltd (AFSL #305539) Headquarters: Level 2, 19-21 Hunter St. Sydney, NSW 2000, Australia Regulation: ASIC (ACN 120 189 424)
Profiforex Discussion + SUBMIT YOUR REVIEW Website: www.profiforex.com Founded: 2010 Company: Profiforex Corp. Headquarters: 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles Regulation: no
OloFX Discussion + SUBMIT YOUR REVIEW Website: www.olofx.com Founded: 2013 Company: OloFX Limited Headquarters: Belize Regulation: IFSC Belize (license number IFSC/60/260/TS/13) Note: OloFx is a brand name owned by BELFX LIMITED (company registration #130266)
XTB UK Discussion + SUBMIT YOUR REVIEW Website: www.xtb.co.uk Founded: 2002 Company: XTB UK Limited Headquarter: 7th Floor, 29 Marylebone Road, London. NW1 5JX, United Kingdom Regulation: FCA (FRN522157) Note: XTB UK Limited is the trading name of X Open Hub Ltd (authorised and regulated by the UK FCA)
GCI Financial Discussion + SUBMIT YOUR REVIEW Website: www.gcitrading.com Founded: 2002 Company: GCI Financial LLC. Headquarter: Anguilla, British West Indies Regulation: Not regulated.
ACM Gold Discussion + SUBMIT YOUR REVIEW Website: www.acmgold.com Founded: 2001 Company: ACM Gold & Forex Trading (Pty) Ltd Headquarter: South Africa Regulation: FSC (Mauritius)
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.
AGEA Discussion + SUBMIT YOUR REVIEW Website: www.agea.com Founded: 2005 Headquarter: Agea Jinrong DOO, Bulevar Ivana Crnojevića 107, Podgorica, 81000, Republic of Montenegro Regulation: FICRS Note 1: AGEA formally is Marketiva. Note 2: Agea Jinrong DOO is a limited liability company incorporated in the Republic of Montenegro with registration number 5-0557722. In line with MiFID requirements.
ForexPalm Discussion + SUBMIT YOUR REVIEW Website: www.forexpalm.com Founded: 2013 Company: Uno Corporation L.P. (registration: № SL13367) Headquarters: 44 Main Street. South Lanarkshire. Douglas, Scotland Regulation: no
Firewood Global Discussion + SUBMIT YOUR REVIEW Website: www.firewoodfx.com Founded: 2014 Company: FirewoodFX Global Ltd Headquarters: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. Regulation: no
Swissquote Bank Discussion + SUBMIT YOUR REVIEW Website: www.swissquote.ch / www.swissquote.com/fx Founded: 2002 Company: Swissquote Bank Ltd Headquarter: ACM SA, 50 rue du Rhône, Geneva, 1204, Switzerland Regulation: FINMA Note: Swissquote Bank Ltd. has acquired ACM Advanced Currency Markets AG (October 26, 2010)