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Chris Hood · 11-02-2005, 10:35

It may apply to Saxo's trading function for Sonray, a new retail FX dealer in Australia. The Sonrary platform is Saxo's, white-labeled to Sonray. Whatever the meaning of the relief, I would steer clear of Sonray and Saxo. That is based on my first-hand experience with the Saxo Trader.

Contrary to Saxo's advertising hype, the platform does not stream tradeable prices or fill orders instantly -- at least not if you're ahead in your account or the positions at issue. In our Saxo account, in the first two weeks after opening it, about half of our profitable trades and orders were not honored. Saxo's market maker intervened against us and refused to fill the orders. We lost a mint for that reason and closed the account.

11-02-2005, 10:35	#14
Chris Hood level 2 Join Date: Dec 2004 Posts: 93 Downloads: 0 Uploads: 0 Rep Power: 0	Re: New system from Alleycat It may apply to Saxo's trading function for Sonray, a new retail FX dealer in Australia. The Sonrary platform is Saxo's, white-labeled to Sonray. Whatever the meaning of the relief, I would steer clear of Sonray and Saxo. That is based on my first-hand experience with the Saxo Trader. Contrary to Saxo's advertising hype, the platform does not stream tradeable prices or fill orders instantly -- at least not if you're ahead in your account or the positions at issue. In our Saxo account, in the first two weeks after opening it, about half of our profitable trades and orders were not honored. Saxo's market maker intervened against us and refused to fill the orders. We lost a mint for that reason and closed the account.