- Search Forex Factory
- 25 Results (2 Threads , 23 Replies )
- Wjack07 replied Nov 3, 2014
I am also interested in knowing this information. However, even so, it doesn't mean "FCA regulated" is the thing you can fully bet on. (you need to count in the time and effort to get money back when things go wrong.) btw just want to point out: ...
- Wjack07 replied Nov 3, 2014
Somehow I feel a bit responsible for this...in a way that this discussion chain I brought up implying some credits on regulators, which is a dangerous thinking. I totally agree with Mevo, and DO NOT rely on/expect regulators. Even if with the ...
- Wjack07 replied Sep 4, 2014
Hi Shrike: Many thanks for the link. It is helpful. This also gains more of my credits on FCA. Cheers, Wjack.
- Wjack07 replied Sep 4, 2014
Hi: I think I can share somethings about FIX here. Several truths and myths. 1) It is true that most brokers ask for high deposit for using FIX. 2) It is true that there are few open resources you can use to code FIX. *I built my own, which can ...
- Wjack07 replied Sep 4, 2014
Oh, another question here is, If one firm is settled in country A, but gets a license in country B, how comes the legal authority in country A can extend to country B? This is very common. Even for FCA, some firms are not in UK but having FCA ...
- Wjack07 replied Sep 4, 2014
to Mevo: No, I didnt do so. Their rejection of my orders were due to "suspended market", which is the right they reserve, and this is written on the clauses, so there is no any standing point to file a complaint. For the regulators, I DONT expect ...
- Wjack07 replied Sep 3, 2014
just some more update. According to FDRS's reply to me, FSP and FDR provide NO physical legal protection for clients of registered brokers. The number of "200k USD (not NZD)" is the maximum number FDR can sentence to the broker if it is confirmed ...
- Wjack07 replied Sep 3, 2014
just some supplement: FSP, New Zealand, url It has fund protection scheme FDRS, url . It is said up to 200k NZD. However, I have no idea how effective it is. (For example, I am not sure if it is only protective for NZ residents? Or its protection ...
- Broker Regulations - Complaints & How to Secure Ourselves?
Hi We all know it is better to use a regulated broker, but we also know some regulators provide ...
- Wjack07 replied Aug 11, 2014
Hi Just some thoughts to share. For the F broker, I think it is expensive to trade with them, considering spread and commission (if you use their active trader). If one studies more and asks around, it is possible to find some places providing ...
- Wjack07 replied Aug 7, 2014
Hi: Actually, mt4 has improved a lot on its speed issue. There are always concerns about some back door softwares plugged in MT4. But I believe that concern also exists anywhere, including cTrader (it is just about technical issue.) So my point is, ...
- Wjack07 replied Aug 7, 2014
Hi MACDoug: I just briefly saw your story with ICMarket. It is unfortunate that you had a bad experience,but I have no comment at this moment since I didnt go through the detail. Here I agree with you on one point: if the trading size is not ...
- Wjack07 replied Jul 24, 2014
To FXTriumph: I think you have a big blind spot here. You are using some brokers which offer you spread as high as 1-2 pips (it should be even higher for less major pairs), and then you get an IB for rebate. Your goal is to stack up trading volume ...
- Wjack07 replied Jul 18, 2014
May I ask what is the reason you dont trust metatrader? There once were rumors saying some brokers can do some tricks on server, and then against traders. It might be difficult to get evidences, but if it is possible, it can happen both on ...
- Wjack07 replied Jul 17, 2014
just some thoughts about the execution time cuz I saw rockit's response. I think rockit brought out a very good point: execution speed. If the execution is slow, even the spread "looks" good, you cannot really access to it (possible slippages issues ...
- Wjack07 replied Jul 15, 2014
Hi: I know this is an old thread, but lately I just tried the same thing (without knowing this thread beforehand). What I found is : this is not working anymore. -- My testing environment: 1) FIX engine which can do "price-to-trade" (more than 3 ...
- Wjack07 replied Jul 2, 2014
I think another good point of using the millisecond tool is to track if your order is a no-re-quote thing. This cannot be done on click trade or by eyes. For example, you may place an order to a ECN (can be LMAX or anywhere), then your order was ...
- Wjack07 replied Jul 2, 2014
oh, some notice. according to donna forex thread, people saw the suspended market, which could even be tell by eyes. but in my case, I let me algo run, and I didnt measure/record how long the market was suspended in my case, My assumption of high ...
- Wjack07 replied Jul 2, 2014
Hi shrike: May I ask what tool are you using to trade with LMAX? It can be my case is a special case. But I want to point out that I found LMAX freeze market in some extreme circumstance, which is not easy to spot it on. The suspension was also very ...
- Wjack07 replied Jul 2, 2014
Hi Mevo: Thank you for the reply. I have my reasons to pursue better liquidity, and I am looking at some prime brokerage now. My trading strategy, capital and size are another issue, but I am sure liquidity is an issue for me. So let us just focus ...