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Old 03-13-2008, 09:52 PM
saphin saphin is offline
Junior Member
 
Join Date: Mar 2008
Posts: 21
Exclamation Conflict of Interest

I am thinking about trying out a live account with AC Markets at the end of this year. Their trading platform is by far the best, at least in my humble opinion. Actual I like the charting package that comes with it - a ProRealTime chart.

I think I am confident enough to make consistent profits, but there's also come this problem. Let say I keep on winning, then I will be able to long/short positions with bigger lots. In fact, the lot size gets bigger and bigger every new market entry. Obviously the broker will earn more if they do the following:
1) manipulate the price (only the price shown to me)
2) keep slipping my orders (though they promise no slippage at all)
3) always increase the spread (only to my account)

This is a conflict of interest. And I have heard terrible stories about it on the net. But stories on the net aren't reliable most of the time. So I need some advice from some gurus here.

If anyone out there who has been into forex long enough and consistently profiting, would you mind share some advice and experience with your broker. And please give some validated comment about AC Markets if you know about it.

Thanks and cheers
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