Execution Venues
We deal with clients as principal and not as agent. This means that we are the execution venue and so clients transact directly with us and not on an exchange or another external market. Trades that clients undertake with us are non-transferable, which means that if a client opens a position with us, they must close the position with us.
(ii) The Cost – We add a mark-up to the prices from our liquidity providers and publish the ‘’markedup’’ prices that include our income. We will base the closing price of the relevant currency for the purposes of margin requirements and any balance credits/debits.

20.1 You acknowledge you understand that we derive our revenue as a fixed share of the spread regardless of whether you profit or lose deals from the counterparty through which we execute transactions.

Liquidity Providers: The Company shall act as agent of the Client (principal) when receiving and transmitting Orders. The Company will transmit your Orders for execution to another broker(s), and such broker(s) may transmit the orders received by us to other liquidity providers. These broker(s) may not necessarily operate in a regulated market.

Scalping: The opening and closing of a position within seconds. We have a 1-minute minimum time interval between opening and closing trades.
p) If scalping or any other unauthorised trading activity is performed on the Online Trading System, whether automated or manual. In this case, all of the unauthorised Transactions will be voided and cancelled...