hello master, I want to ask if alpari nz is an ndd, bro. which broker is an ndd, bro? thanks
There has long been an impression that Alpari NZ is a bookie and illegal. In fact, Alpari NZ is better than unregulated brokers. Alpari NZ Limited is a member of the Financial Dispute Resolution Service (NZ) and is registered in the Financial Service Provider Register of New Zealand (#28048).
This is common because sentiment or business competition often occurs between fellow brokers / IBs. Those who often accuse or attack are those who believe that brokers using LR are DD, bookies or illegal. How do you know which brokers are DD? Is it just because of frequent requotes? Even in regulated, NDD, ECN or Interbank brokers, requotes can occur at any time if price movements are very fast.
To choose a broker, adjust it to your financial condition.
You can explore brokers:
1. Ikofx (uses LR)
2. AFB
3. Hantecfx.com
4. One Financial Markets.com
5. Dfmarkets
6. Ibfx (registration is a bit complicated)
7. ACFX
8. AFBFX (uses Lr)
9. FXCM
10. VAntagefx
I have explored the brokers above. and the execution is very fast
You can also see at:
Popular Forex Brokers
How to Recognize Honest or Fraudulent Brokers
thanks
@hendry: Alpari NZ since June 3, 2013 has moved all of its clients to Alpari Limited. This broker is based in Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines and has obtained a license from St. Vincent and the Grenadines (license no. 20389 IBC 2012), IFSC Belize (license no. IFSC/60/301/TS/18.). This broker is an ECN and STP or Non Dealing Desk (NDD) broker. A complete review of the Alpari broker can be seen here.
Thank you.