Originally Posted by ;
IG do not have accurate ecn accounts. They are a market maker and all their products market is created by them. They have something they call d.m.a (direct market access) however, these instruments are actually anything but guide to market orders. I.G does place an order in the underlying market and then creates a cfd to market to you. The fee they charge rather than spread markers up is exorbitant, about double the commission cost to trade with most ecn brokers. I don't know how they get a single trader to market this crap product to. As a market maker, I have no...