Alright, here is how ActivTrades probably replied to your question of whether they have a dealing desk or not.
They say, quote:
"We don't have any dealing desk. We operate in an OTC environment."
Now, an OTC (Over the Counter) simply means that a trader is trading the market with a dealer, who facilitates buy and sell orders by either electronic network or by phone instead of an physical trading floor.
So, I asked them again, and here is the final reply, which clarifies the point, quote:
"We don't have any dealing desk. An OTC market is a market without clearing house so we act as market maker on the products we offer. However we also offer futures products on the exchange market and in that case you can trade through us electronically on the exchange with a clearing house overseeing trades."
trader
May 8, 2009
ActiveTrades broker above does not have fixed spreads as indicated. They are variable and, according to their webpage on spreads, scalper accounts are flagged.
BrokerGuru
May 10, 2009
Here is again what ActivTrades says:
"...The spreads for the standard accounts are fixed, as you can see in our Demo.
The scalper account has variable spreads, according to our liquidity provider conditions.
The Scalping Account is designed for short term, high frequency, economic news trading and other aggressive trading styles... "
BrokerGuru
December 25, 2009
According to the latest updates: ActivTrades offer STP & Dealing desk accounts.
trader
January 29, 2010
Hi BG
Do you any scalping experience with activtrades's interbank account?
Thank You!
BrokerGuru
January 31, 2010
No, I don't, sorry.
However, while collecting data about ActiveTrades, I've been told that scalpers are welcome there.
trader
April 30, 2009ActivTrades claim that they have no dealing desk.
BrokerGuru
May 3, 2009Alright, here is how ActivTrades probably replied to your question of whether they have a dealing desk or not.
They say, quote:
"We don't have any dealing desk. We operate in an OTC environment."
Now, an OTC (Over the Counter) simply means that a trader is trading the market with a dealer, who facilitates buy and sell orders by either electronic network or by phone instead of an physical trading floor.
So, I asked them again, and here is the final reply, which clarifies the point, quote:
"We don't have any dealing desk. An OTC market is a market without clearing house so we act as market maker on the products we offer. However we also offer futures products on the exchange market and in that case you can trade through us electronically on the exchange with a clearing house overseeing trades."
trader
May 8, 2009ActiveTrades broker above does not have fixed spreads as indicated. They are variable and, according to their webpage on spreads, scalper accounts are flagged.
BrokerGuru
May 10, 2009Here is again what ActivTrades says:
"...The spreads for the standard accounts are fixed, as you can see in our Demo.
The scalper account has variable spreads, according to our liquidity provider conditions.
The Scalping Account is designed for short term, high frequency, economic news trading and other aggressive trading styles... "
BrokerGuru
December 25, 2009According to the latest updates: ActivTrades offer STP & Dealing desk accounts.
trader
January 29, 2010Hi BG
Do you any scalping experience with activtrades's interbank account?
Thank You!
BrokerGuru
January 31, 2010No, I don't, sorry.
However, while collecting data about ActiveTrades, I've been told that scalpers are welcome there.
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