I don't understand, is this really possible? Or is it a tricky one? - page 5

 
geratdc:

I do not know, I am in the process of communicating with the Central Bank about this issue - whether a broker's refusal to disclose quotation providers is legitimate because it prevents the client from monitoring loss-making transactions and as a result may lead to abuse of the broker's position by using specialised software to distort quotations and provoke artificial ruin for the client and embezzle the money from the broker. The Central Bank has accepted the request for consideration - awaiting a response. The topic is serious as it seems to me.

Central Bank and offshore brokers are not compatible :) Ask them the same question, but about forex brokers that have a license from the Central Bank, there are not many of them and you know where to find them.
 
geratdc:


I end up working on a demo with an Australian and a UK broker.

Have you actually tried to check the quotations of the DC and the liquidity provider? In your opinion, if there is aggregation of several liquidity providers, will there be differences in quotes between them?

 
geratdc:

I do not know, I am in the process of communicating with the Central Bank about this issue - whether a broker's refusal to disclose quotation providers is legitimate because it prevents the client from monitoring loss-making transactions and as a result may lead to abuse of the broker's position by using specialised software to distort quotations and provoke artificial ruin for the client and embezzle the broker's funds. The Central Bank has accepted the request for consideration - awaiting a response. The topic is serious as it seems to me.

Please let me know what the Central Bank's response will be.
 
geratdc:

I do not know, I am in the process of communicating with the Central Bank about this issue - whether a broker's refusal to disclose quotation providers is legitimate because it prevents the client from monitoring loss-making transactions and as a result may lead to abuse of the broker's position by using specialised software to distort quotations and provoke artificial ruin for the client and embezzle the broker's funds. The Central Bank has accepted the request for consideration - awaiting a response. The topic is serious as it seems to me.
The topic is serious, only the DC is in Cyprus)). In RF, if I am not mistaken, only 2-3 DCs, and that, officially only a few months ago.
 
Server Muradasilov:

Central Bank and offshore brokers are not compatible :) If you ask them the same question, but about forex brokers who have received a license from the Central Bank, there are not many of them, and you know where to find them.

There just talk about a distinguished broker, licensed in Russia))). The broker said that the information about suppliers of quotes is a "competitive advantage" and is not disclosed. That's how you want to take it. And I was already getting ready to work with them, I even opened a demo account)))
 
Yuriy Asaulenko:
The topic is serious, only the DCs are in Cyprus)). In Russia, if I'm not mistaken, there are only 2-3 DCs, and then officially only a few months ago.

There are eight of them as of today
 
Server Muradasilov:

There are eight so far.

Can you list them, I wonder
 
-Aleks-:

Please let me know what the response from the Central Bank will be.


https://www.mql5.com/ru/forum/190682

This is where the answer will be. Bookmark it, I've been off-line since June, but I think there will be an answer in the summer and I'll be able to fill it in.

Структура и состав участников рынка FOREX
Структура и состав участников рынка FOREX
  • 2017.04.21
  • www.mql5.com
Народ, объясните структуру - есть биржа ФОРЕКС, кстати где её штаб-квартира? Есть основные участники - это крупные банки и центробанки государств...
 
Server Muradasilov:
There are eight of them as of today.
I've lost track of life.) I'll have to have a look.
 
geratdc:

It was about a distinguished broker, a Russian bottling))) licensed. The broker said that information about quote providers is a "competitive advantage" and is not disclosed. That's how you want to take it. But I was getting ready to work with them, I even got a demo account))))

I think you are wrong. He is not a Russian company, but an affiliate that resides in an offshore jurisdiction and lives under the jurisdiction of the country where he is affiliated.
Reason: