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GFT Forex Discussion

  • #381
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  • Mar 26, 2012 12:51am Mar 26, 2012 12:51am
Quoting slovforex
No, it is still a mystery for me)))
Do you have any idea?
Call the broker. They earn your commissions and spreads and they are there to help you. There is Live Chat service also.
  • #382
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  • Mar 26, 2012 9:44pm Mar 26, 2012 9:44pm
Likely it has to do with their liquidity providers and the size of your account.

Did you read the legals? Probably not.

Quoting slovforex


what I can not understand is why GFT UK has 3 pip spread on aud/usd every Thursday till 9 am London time? Why only Thursday (from opening till 9 am)? After 9 am aussie spread becomes normal (<=2 pips)
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #383
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  • Mar 26, 2012 9:46pm Mar 26, 2012 9:46pm
Just opened a small test LIVE account with GFT US.

I will consider it a test. I have a need for market makers for long term trading.

We'll see how it goes and I WILL REPORT BACK.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #384
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  • Mar 26, 2012 9:48pm Mar 26, 2012 9:48pm
Thank you for your response sir.
XT
Quoting slovforex
I have trading account with GFTUK. Good fills, no slippages yet.
I would recommend this broker for traders with $10 000 and higher in their pocket.))
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #385
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  • Mar 27, 2012 10:48am Mar 27, 2012 10:48am
So far execution on DB 360 is great. The spreads are competitive even on my small live test account.

The platform is easy to use and look at. Much of the GARBAGE that happens with MT4 based trading is simply eliminated by using the broker's own prop software.

I still have yet to really explore the charting tools, yet don't need much cause I have a slew of charts on demos and my other live acct.

First day report.

Opening and funding took all of 4 hours BTW

Attentive - at times aggressive (<---sales) and courteous 24 hour customer service - and I might note that even on a micro account you can call the deal desk and manage positions if need be.

There is also a web based login app for phones which I NEEEEEED. Not tested that yet
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #386
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  • Mar 28, 2012 2:24am Mar 28, 2012 2:24am
Quoting XTrade
Likely it has to do with their liquidity providers and the size of your account.

Did you read the legals? Probably not.
Hey XTrade

Look, I contacted their Customer Support yesterday, and they told me that neither Dealing Desk guys nor their analysts do not know why it is so. Of coz they pointed out that it might be so due to liquidity.
But let me ask you, guys, do you know why liquidity is low from Thursday's opening till 9 am London time? Why is it so only on Thursday? Any idea?
  • #387
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  • Mar 28, 2012 2:32am Mar 28, 2012 2:32am
Quoting slovforex
Hey XTrade
Look, I contacted their Customer Support yesterday, and they told me that neither Dealing Desk guys nor their analysts do not know why it is so. Of coz they pointed out that it might be so due to liquidity.
But let me ask you, guys, do you know why liquidity is low from Thursday's opening till 9 am London time? Why is it so only on Thursday? Any idea?
It could just be that one particular day. Unless you have data to show that this phenomenon is happening 8 out of 10 times, if not, just move on.
  • #388
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  • Apr 6, 2012 2:11am Apr 6, 2012 2:11am
Quoting Pipex
JIM,

I use to write programs for Dealbook when GFT was my broker. I still remember some things ... what do u need? Maybe I can help.

I found Dealbook to be very good and GFT to be a good broker. I only reason I left them was because I wanted to trade mini accounts, so I had to switch brokers.

Happy Trading ....

I second that .. great platform and broker ..
  • #389
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  • Apr 11, 2012 6:42am Apr 11, 2012 6:42am
Quoting trin
I second that .. great platform and broker ..
Yeah platform is truly one of the best!))

Level 2 quotes is a good add-on

But I do not like the fact that they trimmed number of CFDs contracts
I traded that instruments....(((
  • #390
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  • May 10, 2012 7:36pm May 10, 2012 7:36pm
Hi i have been with gft for years now. i do not work there only i am a plain person like everyone else and i like their platform and think they are pretty honest. I have had over 60k with them at one time. yes they do have an inactivity fee which is stupid but you get all the money back if you place one trade on rbs lose 5p and they will refund the fees!

I have held accounts at every spread betting broker under the sun (mainly to test out their bonuses and platform i will give you some names of spread bet companies youve never even heard of piptrade henyep markets, pan index which closed, marketspreads ireland, paddypower [a white label of capital spreads], dbfx [a partial white label of fxcm] - by the way you can see all white labels by visiting FSA Register and then once in a firms details click on the red link which says names] and obviously all the main spread betting firms including semi known spreadco, gekko markets accendo markets, cantor index. Thank g-d he has showered me with over 25k in bonuses alone.

I will tell you one thing overall gft is one of the best use their online dealbook web and its just plain simple and good.
  • #391
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  • May 10, 2012 11:21pm May 10, 2012 11:21pm
Quoting jsmith07611
Hi i have been with gft for years now. i do not work there only i am a plain person like everyone else and i like their platform and think they are pretty honest. I have had over 60k with them at one time. yes they do have an inactivity fee which is stupid but you get all the money back if you place one trade on rbs lose 5p and they will refund the fees!

I have held accounts at every spread betting broker under the sun (mainly to test out their bonuses and platform i will give you some names of spread bet companies youve never even...
I agree.
One disturbing fact is that their trading volume has been falling for several quarters (just read forexmagnates)
  • #392
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  • May 12, 2012 9:19am May 12, 2012 9:19am
GFT sucks, first they decide to be weird about everything, like the fees mentioned for inactivity, what utter bullshit, gimme a break. They love hassle, and being weird.

Secondly, they are ignorant and arrogant on the customer chat

Apart from that I dont have any "real" complaints with them as Ive never used them on live account
  • #393
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  • May 17, 2012 12:31am May 17, 2012 12:31am
Quoting dice action
GFT sucks, first they decide to be weird about everything, like the fees mentioned for inactivity, what utter bullshit, gimme a break. They love hassle, and being weird.

Secondly, they are ignorant and arrogant on the customer chat

Apart from that I dont have any "real" complaints with them as Ive never used them on live account
Just give them a try You'll love it
  • #394
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  • May 18, 2012 12:57am May 18, 2012 12:57am
have thought about opening account with them , sadly their MT4 chart was not New York Close chart .
  • #395
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  • May 18, 2012 1:13am May 18, 2012 1:13am
Quoting HoangTuan
have thought about opening account with them , sadly their MT4 chart was not New York Close chart .
MT4 sucks, you know that. Use this platform for charting and trade on DealBook360. But you can also set NY time in DealBook360.

Do you know any MT4 broker with NYC time server?
  • #396
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  • May 18, 2012 1:22am May 18, 2012 1:22am
Quoting slovforex
MT4 sucks, you know that. Use this platform for charting and trade on DealBook360. But you can also set NY time in DealBook360.

Do you know any MT4 broker with NYC time server?
that's right. MT4 is most popular and if you have tons of EAs or special indicator systems that run only on MT4, use any demo accounts and set them on MT4 charts. but trade with DealBook360. The parent-contingent/OCO order allows you to enter with stop order and bracket exit order. You can even drag your order lines on the charts (although you can implement EA on MT4 for the dragger). Just trade cash on DealBook360 and if you need MT4 charts use the demo.
No longer trading forex. Looking for full time job.
  • #397
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  • May 18, 2012 1:31am May 18, 2012 1:31am
Quoting mmaker
that's right. MT4 is most popular and if you have tons of EAs or special indicator systems that run only on MT4, use any demo accounts and set them on MT4 charts. but trade with DealBook360. The parent-contingent/OCO order allows you to enter with stop order and bracket exit order. You can even drag your order lines on the charts (although you can implement EA on MT4 for the dragger). Just trade cash on DealBook360 and if you need MT4 charts use the demo.
  • #398
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  • May 23, 2012 6:08am May 23, 2012 6:08am
Look on what price they opened my eur/chf position overnight.
6 digits. Awesome!
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  • #399
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  • Edited 8:50am Jun 5, 2012 8:35am | Edited 8:50am
Quoting bstay2
Give DFMarkets UK a try, here's the link.
While I liked the DealBook360 platform and the fact that pending orders reside on their server (hence no need for VPS), unfortunately there are just not enough external support for DealBook360 on analytical metrics such as ForexFactory's Trade Explorer or myfxbook, or popular indicators like ZUP harmonic patterns. I have requested to switch my GFT account to MT4 platform. The advantage that DealBook360 has over MT4 such as advanced order entry OCO/Parent-Contingent and chart-based trading, can be duplicated on MT4 using freely available EAs.

Will compare the live accounts MT4 on both DFMarkets (UK) and GFT (Singapore) side-by-side and report my experience.
  • #400
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  • Jun 5, 2012 12:06pm Jun 5, 2012 12:06pm
FIFO .... FIFO... I wish GFT UK will remove this rule, and apply it only to GFT US. I love their execution and spread.

cheers
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