DislikedI wouldn't normally post in this section of the forum, but since I've been trading fxcm micro uk for 6 months I want to share a few key points.
First of all I'm not going to comment on slippage or requotes, it happens with all brokers.
I'm not going to comment on stop hunting either or rate manipulation.
Tradestation 2 is amazing, it has never crashed on a decent computer, no lag with a dsl line, nice graphics, nice zoom in and zoom out. Ifact I like tradestation better than mt4!
My two points of concern are the following:
first of all the...Ignored
Thanks for your feedback on the FX Trading Station II. Hopefully, I can help answer some details about the rollover rates for you.
Rollover rates or swap rates are determined at the interbank level based on money market rates. Every currency you buy or sell has a certain overnight interest rate associated with it such as EURIBOR, LIBOR, etc. Central bank target rates may be used as an example to give you an idea of how rollover is calculated, but the actual rate banks are willing to lend at can be different and are set by the market. Also, if you borrow EUR at 1% and invest in USD at 0.25%, it does not mean the opposite is true. These are tradable instruments and there is a spread between what you can "borrow and invest at" as well.
The last time we saw rollover rates at 0 or negative for both buying and selling was at the height of the credit crunch in 2008. Here are the current micro lot rates for the 4 majors. RollS and RollB on the right hand side display the dollar amount you will earn or pay when Selling and Buying:
http://img690.imageshack.us/img690/1...loverrates.jpg
I compared our rates versus some of our competitors and the rates are better in most cases and some brokers are charging negative roll rates on for both buying and selling on some pairs, for example USD/JPY and GBP/USD.
-Jason