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Date/Time: Thu, 28 Mar 2024 12:12:55 +0000



Post From: The Story of IG Markets and Sierra Chart. Classic Breach of Contract

[2015-10-19 22:10:25]
User742717 Mike - Posts: 86
And IG? What?
IG Market, in Australia is one of the bigger and well known, Spot FX & CFD brokers.
They have news ads on TV here!

That said, I'm sure they are just another bucket shop (I'm not say they're bad!).
SC would give any broker instant credibility for sure, but that alone is not necessarily a good thing for users in the long run, IMHO.

IE: Brokers offering the bypassing of the "pattern day trading rule", but the catch is you have to send your money on a holiday or Cyprus, with very little guarantees of it coming back.

Granted, it's not SC job to do a due diligence on the broker/exchange but some are really better then others.

And really, if FXCM is supported, why bother with IG, Oanda, Pepperstone, etc, etc.
The smaller the OTC broker, the larger the user risk!
Date Time Of Last Edit: 2015-10-20 00:10:59