<https://community.ig.com/forums/topic/3866-verifymytrade/#comment-16381>
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"Hi  - I've just had a bit of a think on this, and I must admit I don't necessarily see the point of the service for IG clients? \n  \nFrom an our side point of view, me to you without any formal reply from IG: Maybe I am missing something, or maybe this would be more useful for smaller, less reputable brokers who aren't regulated to the same high standards as set out by the FCA and other regulatory bodies, but what use is it?  \n  \nFX is an inherently OTC offering, and in IG's case we gain liquidity from a number of the worlds largest international banks. Although we do not disclose who they are, you would certainly know them to be key players. It is also in our interest (and others) to provide the tightest possible spread and the best fill on trades. Furthermore because the offering is OTC, the price we pass on is the best one we can get at the time which is representative of the underlying spot FX market and liquidity we receive. If on the odd occasion there is a different provider who quotes a price, it can mean a number of things (but not necessarily that its a truly better price).  \n  \nWe may not have that particular OTC liquidity provider  \nThe price of the 'best' provider may not actually be representative of the market on that tick, but rather simply the slowest price. \nYou can watch more on our pricing methods below (FX starts at the 2 minute mark). Maybe I've missed the point or missed the point of the problem this solves, so would love a greater run down on the use of this and why you'd think it was advantageous? Looking forwards to a good discussion on this and pricing and execution is an imperative part of our business, and client input is always greatly received. You can also read more on our best ex here: https://www.ig.com/uk/best-execution \n  \n \n"
<https://community.ig.com/forums/topic/3866-verifymytrade/>