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- TC East replied Oct 6, 2012
There is always Oanda
- TC East replied Aug 17, 2012
EDIT from earlier (to be a bit nicer): Just because you had a good experience with MBT doesn't mean everyone has. It's entirely possible those with a bad experience actually know what they're doing and aren't "making stuff up." I'll just leave it at ...
- TC East replied Aug 17, 2012
I just had to laugh when I saw this. I rarely post here anymore, but had to chime in. I used to have a live account with MBT, and experienced ALL these same problems: unable to close orders, trades hanging forever, rude or incompetent reps, etc. I ...
- TC East replied Jul 4, 2012
Another option: if you want to trade VIX through an ETF, you can trade symbol VXX. It's an ETF that maintains a rolling long position in the 2 front months of the VIX futures. Extremely volatile, and again doesn't necessarily reflect VIX price tick ...
- TC East replied May 15, 2012
I don't know what time your trade was, but at news Oanda regularly increases spreads, so if it was around a news event, the ask could easily have been that high. Also, the chart is a bid chart, so you won't see ask prices there anyway, only bid ...
- TC East replied Apr 20, 2012
Same kind of thing happens with me. A lot of platform freezing; everyday pretty much. I keep fxtrade open at the same time, and if I run into a problem, I go into fxtrade to "Account" dropdown menu, and switch the account to MT4. I can then close ...
- TC East replied Sep 28, 2011
That's not correct. ATC is an IB for FXCM. I know because I was a client there, and my account was with FXCM plain and simple.
- TC East replied Mar 6, 2011
Hmmm...one of the comments at the bottom (pasted below) seems to indicate they have a lot of institutional clients. Maybe that makes up for not many retail clients? That number does seem very low, but I guess in the end it's the trade volume that ...
- TC East replied Mar 5, 2011
Ok thanks; these were the same thoughts I had and why previously when I didn't understand I was saying it seemed high. And was also the reason I suggested it would help to state actual trade sizes in real numbers (like $1000, $10,000, etc.) rather ...
- TC East replied Mar 5, 2011
Thanks for the clarification. So in your example that's 10:1 max leverage then, although with Steve's correction it now would seem to be 5:1. Hey, if this EA is tradable at that amount of leverage then all the better. But for myself at least, I'll ...
- TC East replied Mar 5, 2011
Assuming this, then we use 5:1 leverage ($1000 lot size for every $200 in account). It's just easier for me to think in terms of leverage. I might be missing something, but that seems high, especially in the US where max leverage is 50:1. One ...
- TC East replied Mar 5, 2011
Hello...I am new to this EA, and have been wondering about lot sizes. Re. your above description, rather than the formula may I suggest that it's simply 1:1 leverage? Meaning if you have a $1000 account you trade $1000 lot sizes? I mention that ...
- TC East replied Feb 28, 2011
Traded with them live since 2008. Used to be the best of the bucketshops, but since 1st of this year, they have become one of the worst. They are now using all the old bucketshop tricks, all the things they used to not do. No question in my mind ...
- TC East replied Feb 15, 2011
I understand what you're saying and your point about profitability is a good one, but I think you're missing an important point. The allegations here are that FXCM engaged in deliberate tactics for the sole purpose of defeating and/or bilking their ...
- TC East replied Feb 15, 2011
Regarding honesty, both of these brokers are I believe. As for trade execution, I did have some issues with MBT re slow execution sometimes. But I'm pretty sure it was not broker manipulation, but rather low liquidity maybe, technology issues, etc. ...
- TC East replied Feb 15, 2011
I can't speak to why this guy lost $150K, but I don't think the issue is whether or not you are making money. What I'm contending is that FXCM artificially manufactures slips to their benefit and to your detriment (through software or however they ...
- TC East replied Feb 15, 2011
One of the reasons they get away with it is because they are very smart how they do it. Getting slipped to your detriment for example: if they slipped you on 100% of your trades, it would become obvious quickly and yes you would leave quickly. But ...
- TC East replied Feb 15, 2011
As a former FXCM client, I can identify with everything being alleged here, and I do believe FXCM is guilty of everything. All that bullcrap (which they claim doesn't occur) was why I ended up closing my account there. I have none of those kinds of ...
- TC East replied Feb 3, 2011
He's been trading for years and also at Oanda for years; since 2006 I think, but the huge spreads just within last 2 weeks I think. Sounds similar to you; been generally happy with them, but definitely unhappy about the much higher spreads now...
- TC East replied Feb 3, 2011
I don't trade there but a trading buddy of mine does and he has said the same things. GU used to be 20 pips at news and now is 40. He told me last night AU was 30 pips at freaking Trade Balance. So seems it's just recently happened. Just my opinion, ...