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Originally Posted by o990l6mh
As a swede I feel that I may be able to contribute here.
It's true that Nordea is the biggest bank in Scandinavia, but they're still quite small compared to tier 1 banks such as Barclays, Citi, Deutsche and so on.
As far as I can tell the company itself is serious. It's been around for a couple of years at least. The question mark has to be though: how financially strong are they? My guess is that they're a pretty small operation.
The ECN/MT4 combo was new to me, didn't know that. Puts them in the same category as MB Trading then. Only two companies I've herad of that combine ECN and MT4.
I think that they might be worth a try, with the caveat about how strong they are capital wise.
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thanks for reply appreciate your help. Yes they are a small operation just started out in 2007, only have 3000 accounts but are working hard to expand.
They are regulated by the Swedish FSA. I was hoping if you could tell us how effective the Swedish FSA are in implementng rules. Are they as efficient and effective as the british FSA and US NFA in protecting investors interests?