Thread: Gft & Efx
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Old 07-04-2008, 11:32 AM
svt svt is offline
 

Join Date: Jun 2008
Posts: 3
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Matt,

Glad you are enjoying the Dealbook software.

Market makers are known for the following based upon my research:

-Stop Hunting
-Trading against you on the opposite side that you traded
-They can manipulate the price by 10-20 pips
-Certain market makers don't like scalpers and will place you on manual execution, thus not getting you the price you wanted

Those are just some of the things I know of. This is not to say that they all do it but I know they all do at least some of the above.

I am probably going to open up an account with EFX also as they have stellar reviews from what I have seen. Hopefully not having the necessary capital at the moment won't be an issue in the future.
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