Market makers, like MahiFX, can offer tighter spreads, which is the single most important factor in improving your returns. MahiFX don’t add a commission or a spread to the institutional rate and can offer consistently better pricing than a middleman passing on liquidity from a bank or hedge fund.
Many brokers and ECN’s promise low spreads, or sometimes even no spread at all. However, as with many things, there’s a catch. What % of the time do you actually see these spreads? Do they publish their fill rates? Do they have minimum trade and account sizes? Our goal is to offer you pricing consistency and total transparency and will never offer ‘from’ rates or try to mislead you.
Humans, not machines
As the institutional FX space has grown so has the emergence of computer generated algorithmic trading. Machines hook up to ECN’s and trade at alarming speeds. Trading like this requires that rates move at machine speeds and causes something known as ECN flicker, where rates move around so fast its virtually impossible for a human to click on them. You are human, and we think it’s important you have access to tight pricing that you actually click on and access consistently.
Fairness and transparency
Order confidentiality is paramount and our pricing engine is completely separate to the order book so it cannot anticipate client orders. Orders are executed on a neutral, fair price stream, which is constructed by dispassionate machines with no human intervention.