Disliked{quote} Nah, higher spreads for a higher volume. That picture is their eFX platform. Quoting 50 million because anything below 50 is executed by ALGO hence no manual.Ignored
Make your losses in demo. Earn your profits live.
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Forward Testing Discussion Thread 241 replies
Disliked{quote} Nah, higher spreads for a higher volume. That picture is their eFX platform. Quoting 50 million because anything below 50 is executed by ALGO hence no manual.Ignored
Disliked{quote} And if this quote is not guaranteed, does that mean when you actually place the trade, they might give you a new quote? Isn't that requoting? And if the re-quotes happens to be worse than this not-guaranteed quotes, isn't that the same as slippages?Ignored
Disliked{quote} Thanks Jason. I did speak on live chat this morning but ended up with some set responses from the Techs, i.e. it's an internet issue. You're right I think, it is re confirmation rather than filling the order as all orders have been filled at the right price. It's just causing me some minor problems as I scalp and need to place several trades very quickly. Could be a problem my end, I'm checking that out, although a couple of times now when I've initially logged in I've had an error saying "Cannot connect to price server" and also had a couple...Ignored
DislikedHi Jason I earned $13 rollover on short 50 000 USDRUB, while I paid $46 rollover on long 50 000 USDRUB, why such big difference? P.S. It's about same day rolloverIgnored
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Disliked{quote} And if this quote is not guaranteed, does that mean when you actually place the trade, they might give you a new quote? Isn't that requoting? And if the re-quotes happens to be worse than this not-guaranteed quotes, isn't that the same as slippages?Ignored
Disliked{quote} No because slippage = you are executed in the trade and you are in a higher L in your P&L due to slippage which there is a possibility since you're hedged by a bank via spot that you might not even crawl back the difference in the spread + slippage if you're actually wrong in the trade. Low spreads should allow people to run for cover without issues.Ignored
Disliked{quote} Yes but the fact that these quotes from Goldman Sach's is not guaranteed so by the time when you actually place the trade you might get a new quote, isn't that allowing them "last look" and then requoting? I don't know when we are trading in retail, we strive to trade on firm quotes where what we see and what we get and there is no "last look" by the banks or LP. I guess it's different when you are trading in too large of size that everything is manual?Ignored
Disliked{quote} lol mate I have had enough with these monkeys in all seriousness. So I asked compliance why the hell is the reply full of inaccurate facts. Basically replied, we don't know and we can't handle it because it's with our legal department. But legal department is just solicitors working for compliance. It's like footballers kicking a ball around, that's all. It's pathetic.Ignored
Disliked{quote} Sorry to bombard you with all the questions. Is this pair available for the NDD account as well or is it available just for the DD account? And what would be the roll-over interest on this pair, if any? Thanks.Ignored
Disliked{quote} Also the lawyer who replies decides to go on a holiday right after he replies and would not entertain any comments, protests at the time being. He's gone for 2 weeks. So tell me is it ok to send a reply to a complaint and basically run off to a holiday. This is FXCM's management.Ignored
Disliked{quote} Hi Forexia, Trading in the offshore Chinese Yuan (USD/CNH) is available on both account types with FXCM. The rollover interest, which you can see in my previous post, is +0.14 for short positions (Roll S) and -0.50 for long positions (Roll B). That means you can earn 14 cents in rollover interest on 10k short position that's open at 5pm New York time today, or pay 50 cents on 10k long position.Ignored
DislikedPfffffff..What can i say i'm whatching this discussion about FXCM because i'm thinking go live with this broker and it also has good platforms for tradeing,butwith all this info here about slippage and hitting the stop with spikes and fake prices pushes it stops me a lot.After reading here some pages i asked myself who should i bbileve?Well all those people here that talking about this issue and other problems they cant lie.Does it realy worth go live with FXCM or will be just ripped off ?lol.I know that Saxo Bank kits stop i was face to face last...Ignored
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DislikedA friend of mine that trades a big account with fxcm told me of a terrible incident that made me believe that FXCM is still a crooked market maker. He opened 3 positions, two of the positions was 10 standard lots each and one 50lots position all had the same take profit limit set. When price got to the take profit level fxcm only closed the 10 lots positions but refused to close the 50lots position. If not for the fact that he was on his computer when it happened he would have made very huge losess, he had to close the 50lot position manually losing...Ignored
DislikedHello FXCM Rep's... Just wondering what date / time your MT4 platform represents? I trade from Melbourne Australia and would like to know what the date / time in MT4 is showing to help with calculating daily pivot points... (NY, London, etc???) Thank you.Ignored
Disliked{quote} Hi BogiFX, I'm glad to hear that you're a fan of FXCM's trading platforms and that you're considering us as your broker. It's good that as part of your due diligence, you're reading through the discussions on this forum. That means in addition to reading concerns raised by some traders, you can also read praise from other traders who are happy with our service, along with my own responses to address concerns that are raised. For example, you said that you're concerned about slippage. While slippage is a risk of trading in any market, FXCM...Ignored