Well, it’s a reorganization for ATC and our funds are held by FXCM.
Now, aside from FXCM’s possible vulnerability that they may
not segregate all funds, I don’t think anything is at risk for
our operation, and they intend to continue normal operations
through this reorganization of the financials.
ATC MT4 offers the best retail pricing I’ve ever seen, better
than Dukascopy, with a Direct interface using ATC’s own
computers to FXCM’s liquidity sources, which means high
performance and reliability. This is a unique
arrangement, as far as I know and, having used it “in anger”
for a month or so, it’s an amazing MT4. Intra-instrument
hedging operations are permitted, and limit orders anywhere
inside the spread, no restrictions, etc.
Unfortunately, to my knowledge, ATC’s MetaTrader 4 implementation
is the only “uncorrupted” one available in the U.S. They achieve
FIFO compliance by using FXCM’s back office that rewrites platform
trade sequences to a FIFO compliant statement. But on the
platform, any trade sequence is permitted.
Request for information: If anyone knows
of another US available broker, with an unmodified MT4
platform, please let me know. FXCM MT4, for
example, corrupts the semantics of its MT4 trade sequences
and may require a non-generic MT4. ATC MT4, on the other hand,
is accessible through Generic MT4, which is how we are
trading, using the NJ4X.com framework.
This is why we chose ATC Brokers US for our trading business,
and I hope they will continue to operate normally through the
entire process of reorganization, as is the plan.
hyperscalper