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  • #281
  • Oct 11, 2011 12:12am Oct 11, 2011 12:12am
Quoting alstural
big thanks

i still run demo but hope to open live soon as well

please keep posting coz this broker looks so promising

regards and lucky trading to you
No problem, alstural! One more important thing to mention as for account opening. I really did not notice difference in spread between micro and normal..sometimes it even seems that micro's is consistently lower. I compared eurusd and gbpusd live-micro vs demo-normal. Their demo account's spreads are always identical to real ones, so it was easy to compare. Anyway, check this also for yourself. Otherwise there are no differences between micro and normal, just the 150€ lower min. deposit =)
P.s. Not so important, yet nice feature: They have the same datafeed for demo and live, which means that I don't have to open separate demo-charts to test something..I just change the account live-> demo and use already opened charts..my prev. broker did not have this.
  • #282
  • Oct 11, 2011 12:25am Oct 11, 2011 12:25am
Quoting dn1pro
No problem, alstural! One more important thing to mention as for account opening. I really did not notice difference in spread between micro and normal..sometimes it even seems that micro's is consistently lower. I compared eurusd and gbpusd live-micro vs demo-normal. Their demo account's spreads are always identical to real ones, so it was easy to compare. Anyway, check this also for yourself. Otherwise there are no differences between micro and normal, just the 150€ lower min. deposit =)
P.s. Not so important, yet nice feature: They have the...
have you used this?

http://www.cashbackforex.com/en-us/comparebrokers.aspx
  • #283
  • Edited 1:13am Oct 11, 2011 12:57am | Edited 1:13am
Quoting alstural
have you used this?
http://www.cashbackforex.com/en-us/comparebrokers.aspx
Nope, I unfortunately didn't think of that when registering...do tell us when you try it then.
If I understand correctly, I can not use this after registration?
  • #284
  • Oct 11, 2011 1:18am Oct 11, 2011 1:18am
Quoting dn1pro
Nope, I unfortunately didn't think of that when registering...do tell us when you try it then.
savings can be significant.........if you are a scalper

why not to ask rebate straight from the company

refering to cashbackforex option and similar sites

it would be interesting to know the reaction
  • #285
  • Oct 11, 2011 10:34am Oct 11, 2011 10:34am
Quoting alstural
why not to ask rebate straight from the company
refering to cashbackforex option
Actually, thanks for your advice..I talked to FinFx in chat and the guy enabled this cashback in less then a minute, no hassle whatsoever. Now I registered at cashbackforex, will inform how it goes from here. Really professional chat support at FinFx.
Just as a comparison: later this day I talked with another broker's "Astaforex" chat support "specialist"..to my question "where is your MT4 server situated"..he/she answered exactly like this: "it is in the internet". That was the most hilarious broker chat moment...ever.
  • #286
  • Oct 11, 2011 11:14am Oct 11, 2011 11:14am
Quoting dn1pro
later this day I talked with another broker's "Astaforex" chat support "specialist"..to my question "where is your MT4 server situated"..he/she answered exactly like this: "it is in the internet". That was the most hilarious broker chat moment...ever.
hahaha!

Yeah well, such level of incompetency is no surprise coming from a bucketshop. Just look at where their representatives are situated: Seychelles, Russia, Czech, and Nigeria. lol
  • #287
  • Oct 11, 2011 11:40pm Oct 11, 2011 11:40pm
Quoting dn1pro
Actually, thanks for your advice..I talked to FinFx in chat and the guy enabled this cashback in less then a minute, no hassle whatsoever. Now I registered at cashbackforex, will inform how it goes from here. Really professional chat support at FinFx.
Just as a comparison: later this day I talked with another broker's "Astaforex" chat support "specialist"..to my question "where is your MT4 server situated"..he/she answered exactly like this: "it is in the internet". That was the most hilarious broker chat moment...ever.
i want to return thanks for your post

this is really good news.........

it means when one opens acct there is no need of a third party

finfx can grant it in the regestring process

leaving middleman on the cold

(that was the possibility i was hinting at.........

.........and you guessed it.........my congrats!)

keep us updated about your moving forward with trading

as for "asta"and other "asta"s(in their hundreds).........

90% of online(only) brokers are just rogues and scam and nothing else
  • #288
  • Oct 12, 2011 1:44am Oct 12, 2011 1:44am
Yes indeed the spreads on the micro feed are very attractive. However you have to be aware that the micro account is a market-maker account. Volatility is really quite different from the ECN feed - compare the one minute charts to see this - and the account is subject to market maker style stop clearing moves that the ECN feed is not. I have charts that show a forty pip plus down move over a couple of minutes on the micro feed where the same time span on the ECN feed shows only a twelve pip or so movement. As always, you trade market maker accounts at your own risk. I have now stopped trading the Micro account but would trade, and will trade again, the ECN account, once my strategy takes me back to trading mini-lots.

Quoting dn1pro
No problem, alstural! One more important thing to mention as for account opening. I really did not notice difference in spread between micro and normal..sometimes it even seems that micro's is consistently lower. I compared eurusd and gbpusd live-micro vs demo-normal. Their demo account's spreads are always identical to real ones, so it was easy to compare. Anyway, check this also for yourself. Otherwise there are no differences between micro and normal, just the 150€ lower min. deposit =)
P.s. Not so important, yet nice feature: They have the...
  • #289
  • Oct 12, 2011 5:33am Oct 12, 2011 5:33am
Quote
later this day I talked with another broker's "Astaforex" chat support "specialist"..to my question "where is your MT4 server situated"..he/she answered exactly like this: "it is in the internet". That was the most hilarious broker chat moment...ever.

I know it happens from broker to broker. I also had "great" experience with IBFX support.

I wrote them: "What types of accounts do you offer and what is your average spread on majors"

Reply: "This information stands on our website" (Didn't give me even a link to the pages).

Regards,

Josef
  • #290
  • Oct 12, 2011 6:31am Oct 12, 2011 6:31am
Quoting josef
I know it happens from broker to broker. I also had "great" experience with IBFX support.
Yes, that's the usual. But that astaforex specialist actually was so uneducated/simple, that he/she actually meant that "mt4 server is situated in the internet", that's the hilarious part. Another thing he/she replied to my question "for how long the moneybookers deposit system will be down?" ---> "I don't know, may be forever", funny as hell.

Now back to the topic:

Quoting FourKnotNavy
However you have to be aware that the micro account is a market-maker account. Volatility is really quite different from the ECN feed - compare the one minute charts to see this - and the account is subject to market maker style stop clearing moves that the ECN feed is not. I have charts that show a forty pip plus down move over a couple of minutes on the micro feed where the same time span on the ECN feed shows only a twelve pip or so movement.
Very interesting details, I will ask FinFx about this. They've proven to be very informative to me, especially in their native Finnish language.

Previously they said that they do have different liquidity pools for micro and normal/ecn and that there might be some minor differences. So you say, that because of those spike differences they are a "market maker"? May it be just the weaker liquidity pool of micro? (I guess that is what they will answer me, anyway).

Edit: I just compared live-micro and demo-normal gbpusd chart for today, looks very much the same. Have you tried showing those comparison pictures to them, what was the response?
  • #291
  • Oct 12, 2011 7:19am Oct 12, 2011 7:19am
Quote
Yes, that's the usual. But that astaforex specialist actually was so uneducated/simple, that he/she actually meant that "mt4 server is situated in the internet", that's the hilarious part. Another thing he/she replied to my question "for how long the moneybookers deposit system will be down?" ---> "I don't know, may be forever", funny as hell.

He/she was drunk! At least I hope so...
  • #292
  • Oct 12, 2011 7:50am Oct 12, 2011 7:50am
Is FinFx regulated broker?
  • #293
  • Oct 12, 2011 6:30pm Oct 12, 2011 6:30pm
Quoting dn1pro
Yes, that's the usual. But that astaforex specialist actually was so uneducated/simple, that he/she actually meant that "mt4 server is situated in the internet", that's the hilarious part. Another thing he/she replied to my question "for how long the moneybookers deposit system will be down?" ---> "I don't know, may be forever", funny as hell.

Now back to the topic:



Very interesting details, I will ask FinFx about this. They've proven to be very informative to me, especially in their native Finnish language.

Previously they said...
"....."I don't know, may be forever", funny as hell........."

so now you see that when and if you deposite your money

do not forget to add

"i deposite it in "asta".........forever!"

-----------------

"..........Very interesting details, I will ask FinFx about this........"

please do

and post your findings

.........they are not insignificant details!(for scalping anyway)

--------------------

regards and lucky trading
  • #294
  • Oct 12, 2011 6:48pm Oct 12, 2011 6:48pm
Quoting LocoGuy
Is FinFx regulated broker?



look at this.........

http://www.trade2win.com/boards/fore...ood-looks.html
  • #295
  • Oct 13, 2011 12:37am Oct 13, 2011 12:37am
Quoting dn1pro
Edit: I just compared live-micro and demo-normal gbpusd chart for today, looks very much the same. Have you tried showing those comparison pictures to them, what was the response?
No I haven't showed them the charts. I suppose them to know what's in their own feeds. And the thing is what is. You decide, having seen such things, either that you'll trade it or you won't.

In pointing out this about the micro feed I'm not knocking FinFx. Their customer service is excellent. They have given deep and full answers to every question I've raised with them. They've handled my money promptly. They provide an ECN feed with fast, accurate fills to small account holders and have an excellent demo account service. They provide these services to US citizens whose nanny-state government decrees that they must not enjoy this financial freedom or that. Until someone comes up and says that they have actually misbehaved in one way or another then I'll choose to believe that these things make them a good broker. The only reason that I'm not trading with them right now is that I can't trade micro-lots on my ECN account so I've gone to Dukascopy for that.

Of course they might run off with your money. They might be run by a bunch of crooks. They might... well... they might do or be anything that anyone can imagine. But then your clearing bank might go bust. A major energy broker might set out systematically to defraud people on an industrial scale. A hedge fund might threaten the financial stability of the richest nation on earth. Your next door chemical plant or oil refinery might go bang. Oh deary deary me. Life is just so full of risk and worry.

Rant over. If you have stayed with it this far, then thank you.
  • #296
  • Oct 13, 2011 5:36am Oct 13, 2011 5:36am
Quoting FourKnotNavy
No I haven't showed them the charts. I suppose them to know what's in their own feeds. And the thing is what is. You decide, having seen such things, either that you'll trade it or you won't.

In pointing out this about the micro feed I'm not knocking FinFx.
I just asked about this micro-feed issue in chat. Their answer was that there are differences in micro vs normal/ecn, again because of different liquidity pools..and that's, most importantly, because of the fact that some banks do not accept 0.01 lots. So that's creates the difference. In my opinion, that's very reasonable. Also they stated that, off course, they are not a market maker, but a true STP without a dealing desk.

In my opinion, the "0.01 vs 0.1 banks" liquidity pool may well explain the issue.

The only problem I'm experiencing with their micro-live is the massive spread widening during news releases, on today's AUD news spread was 50 pips at one point. Spreads in general have also been a bit higher for a couple of days: gbpusd 3.5-4.3, eurusd 2.2-2.7
  • #297
  • Oct 14, 2011 8:51am Oct 14, 2011 8:51am
Hey Guys,

i cant get on their website ??! Is it down ?
  • #298
  • Oct 14, 2011 9:00am Oct 14, 2011 9:00am
Quoting tex
Hey Guys,

i cant get on their website ??! Is it down ?
couple of days ago i looked and read that they were about to renovate website

probably this is happaning..........
  • #299
  • Oct 14, 2011 9:01am Oct 14, 2011 9:01am
Quoting tex
Hey Guys,

i cant get on their website ??! Is it down ?
They are in the middle of releasing a new version of their website, expect some temporary glitches while they transition. I did get the new version to download but it was slow and sporadic. Be patient.

Happy Trends,
SatchFan
  • #300
  • Nov 2, 2011 12:21pm Nov 2, 2011 12:21pm
I emailed for a withdrawal yesterday and haven't heard anything back. I emailed again about ten hours later and asked for confirmation if they received the request. Still nothing. Withdrawals in the past have been prompt. Anyone else having issues reaching customer service or withdrawing funds?
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