Fiddlers Retreat
Junior member
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Hi all
Just been looking at prospreads.com, and what they offer seems very good.
I have been reading their website, and done a search on them on T2W...
However, i have a question.
On their website, they say all their charges are included in the spread - as usual. But then they offer Direct Market Access - which is supposed to get you inside the spread - thus eliminating their pay/commision/charges.
How is this possible?
I quote from the FAQs:
"Q: Does ProSpreads charge commission on electronic betting?
A. No. We derive our income from making a spread around the price of the underlying security."
Does this mean they are manipulating the price - even though they are claiming direct market access/clear market prices?
Thanks
Matt:|
Just been looking at prospreads.com, and what they offer seems very good.
I have been reading their website, and done a search on them on T2W...
However, i have a question.
On their website, they say all their charges are included in the spread - as usual. But then they offer Direct Market Access - which is supposed to get you inside the spread - thus eliminating their pay/commision/charges.
How is this possible?
I quote from the FAQs:
"Q: Does ProSpreads charge commission on electronic betting?
A. No. We derive our income from making a spread around the price of the underlying security."
Does this mean they are manipulating the price - even though they are claiming direct market access/clear market prices?
Thanks
Matt:|