they do
which is exactly what all the counterparty market-makers want them to think, of course
and many of the conversations in this forum tacitly assume that when people are “trading” with these “brokers,” they’re actually dealing in currencies rather than just having a side-bet on the price-movements of currencies!
indeed - but you can’t really blame people for imagining that, when the whole industry is set up to encourage them to believe it? all you can do is annoy and irritate people by continually pointing out that it isn’t actually true at all (which is a pretty thankless task, as you and i both know!)
no, im sure there isn’t
the point (which everyone misses, and which i keep annoying and irritating some people here by mentioning!) is that if brokers are regulated by ASIC or FCA or CFTC then their websites are actually inspected by the regulator, and they can’t get away with blatant lies, or deliberate deception
in the rest of the world, they can, because the so-called “regulators” don’t give a damn, and are paid for by the “brokers” anyway, so it’s just The Wild West out there, and more or less anyone can get away with more or less anything
and they do!
which is part of the reason why it’s a tragedy (for many people) that they get enouraged, in some forums, to “go offshore to avoid the CFTC”, an institution which was established specifically in order to protect them
but to answer your question, no, there’s no way of knowing how much volume is really STP
which is understandable, if you think that - for a start - some “brokers” describe all their volume as “STP” but actually they themselves own the “LP” to whom the volume is STP’d!!
it really, really IS “the wild west”
people just don’t begin to understand the risks they’re taking if they use not-properly-regulated brokerages, and then they sometimes even get cross with you, and accuse you of “negativity”, if you try to explain it to them