I just switched from Exness mini account to Exness ECN and its bad. The reason i switched from the mini account is because they have a ridiculous limit order rule where you have to have a minimum of X pips for the entry and stoploss of your orders, which is a bad thing if you always use limit orders.
For the ECN, I have had many slippages. The slippage only happens when your stoploss is hit and very seldom for when you take profit. Out of 10 trades, i have had my stoploss slipping more than 0.2-0.8 pips per entry in 9 times, thus enhancing my losses more.
And out of 10 trades, only 1 trade of take profit will have slippage for like 0.2 pips, thus enhancing my winnings for a mere little profit. The rest of the 9 trades hit perfectly the TP point even though the price shoots fast into my direction. Any common sense people will think wtf is this, only slipping the stoploss orders and not the take profit orders. This makes you wonder how shady the broker is. Only enhancing your losses and not for your profits. Big red flag here.
The limit orders are worse, i just had a 2.4 pips slippage for eur/usd earlier on and its not even any news time. Just normal trading hours. Most limit orders will be slipped for at least 0.5 pips and above. Not to mention i am paying for the commisions already for the ECN.
All in all, i would strongly recommend anyone to NOT go for exness as a broker.
Anyone who is with Exness ECN care to chime in here? or maybe it is just me?
For the ECN, I have had many slippages. The slippage only happens when your stoploss is hit and very seldom for when you take profit. Out of 10 trades, i have had my stoploss slipping more than 0.2-0.8 pips per entry in 9 times, thus enhancing my losses more.
And out of 10 trades, only 1 trade of take profit will have slippage for like 0.2 pips, thus enhancing my winnings for a mere little profit. The rest of the 9 trades hit perfectly the TP point even though the price shoots fast into my direction. Any common sense people will think wtf is this, only slipping the stoploss orders and not the take profit orders. This makes you wonder how shady the broker is. Only enhancing your losses and not for your profits. Big red flag here.
The limit orders are worse, i just had a 2.4 pips slippage for eur/usd earlier on and its not even any news time. Just normal trading hours. Most limit orders will be slipped for at least 0.5 pips and above. Not to mention i am paying for the commisions already for the ECN.
All in all, i would strongly recommend anyone to NOT go for exness as a broker.
Anyone who is with Exness ECN care to chime in here? or maybe it is just me?