Hi
I am looking for a broker to trade FX that provides spreadbet with a True ECN. I am able to utilize the tax advantages of spreadbetting in the united kingdom. I've got accounts with Interactive Brokers (IB) LMAX. Both are true ECN (although LMAX term is a multilateral trading centre) but spreadbetting is not offered. What I mean by this is there's a genuine order publiion which it is possible to place orders and they aren't dealer based brokers plus a commission is enforced each trade. I also have an account with IG who offer spread bet but this is a dealer based quote system. I therefore cannot place orders to the market or publiion. The implementation on IB LMAX is exceptional but not spreadbetting.
Are there some brokers that offer an actual ECN at a spread bet format or does this not exist?
Additionally note I know there are a lot of brokers out there who label themselves 'true ECN' or 'NDD'. My perception is that this is not the same things, they are dealer based brokers who are using an ECN to price their dealer quotes. So you can't enter bids or offer orders to the market.
Thanks in advance
advance Happy New Year