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BeamFX is an IB for CMS Forex.
Quote from broker's website:
"BeamFX.com is compensated through the bid/ask spread."
and then they say:
"No Dealing Desk ECN/STP Execution"
ECN brokers are not compensated through bid/ask spread, they are compensated with the commission.
Another point: BeamFX is an NFA broker, but they say you can still hedge on MT4. This is against FIFO rules. Or am I wrong?
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BrokerGuru
September 21, 2009BeamFX is an IB for CMS Forex.
trader
December 6, 2010Quote from broker's website:
"BeamFX.com is compensated through the bid/ask spread."
and then they say:
"No Dealing Desk ECN/STP Execution"
ECN brokers are not compensated through bid/ask spread, they are compensated with the commission.
trader
December 6, 2010Another point: BeamFX is an NFA broker, but they say you can still hedge on MT4.
This is against FIFO rules. Or am I wrong?
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