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ACM's online dealing platforms are proprietary software. By proprietary we mean forex trading software that has been created in-house by ACM's information technology department.What does that imply for the ACM customer?In a few words, makers of online forex trading software applications typically rent out their software to foreign exchange dealers against a certain percentage per transaction executed on the online fx trading platform.
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This in turn obliges the dealer to take into account that percentage they must pay the makers of the forex trading software in the form of a less competitive market spread available to the customer.The end result of this is that the customer ends up paying for the dealer having to rent out a trading platform as opposed to taking the considerable time and effort needed to construct an online dealing interface internally as is the case for Advanced currency markets.
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