I *think* what Ted means is that many CFD companies can have a vested interest in the trading that you do, which means that the more money you make, the more they lose. Obviously, they're gonna have to do something if they see themselves losing money over you... I guess either messing with quoted prices (does this really happen?!?! people say it does!!! I dunno) OR perhaps more likely saying that you're no longer welcome at the casino, ahem, I mean their company
This is not true for all such companies though, so you need to find a company that fills your buy/sell on the market (I believe this is called giving you, the client, Direct Market Access - DMA), rather than hedging against your position. I believe ProSpreads is one of these companies - and I see that you already mentioned them
I have no idea about 'Velocity'(?) and how they work.
These DMA types of companies often ask for bigger deposits to be made when opening an account and/or can introduce more hurdles when opening the said account.
But as I said, I'm a newbie really - so please take the above with a big pinch of salt and do some investigating on this subject :smart: