Hi,
I'm currently testing a new custom trading robot with an FXCM demo account and I'm really struggling with the system. It seems that no mater what I try I can't get FX Connect to give me the prices I'm asking for. The system just ignores my limit orders and hands out prices my robot can't make money with. Sometimes it complains that my order is too far from the market price and it doesn't open a trade. In fact, I have many examples of the system not waiting and just rejecting my orders at 1 pip or less! I'm certain it's not my knowledge of the API that's causing these issues either. IMO, the system is just not doing what the API documentation says it should.
And now I read on these forums that many folks who trade manually have also experienced the same price slippage issue with FXCM.
Maybe these are just the pains that everyone experiences, but there is nothing worse than spending months developing a zero-lag high volatility robot only to have it thwarted by the broker.
What broker would you suggest I try?
I'm currently testing a new custom trading robot with an FXCM demo account and I'm really struggling with the system. It seems that no mater what I try I can't get FX Connect to give me the prices I'm asking for. The system just ignores my limit orders and hands out prices my robot can't make money with. Sometimes it complains that my order is too far from the market price and it doesn't open a trade. In fact, I have many examples of the system not waiting and just rejecting my orders at 1 pip or less! I'm certain it's not my knowledge of the API that's causing these issues either. IMO, the system is just not doing what the API documentation says it should.
And now I read on these forums that many folks who trade manually have also experienced the same price slippage issue with FXCM.
Maybe these are just the pains that everyone experiences, but there is nothing worse than spending months developing a zero-lag high volatility robot only to have it thwarted by the broker.
What broker would you suggest I try?