have you ever have problem with Crown? | Forex Factory

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have you ever have problem with Crown?

  • #1
  • First Post: Nov 8, 2006 8:31am Nov 8, 2006 8:31am
http://www.crownforex.com


why does they have 1 pips spread ?

is it a trap ?
  • #2
  • Nov 16, 2006 11:38am Nov 16, 2006 11:38am
noone here ever trade with www.crownforex.com ???
  • #3
  • Nov 16, 2006 12:05pm Nov 16, 2006 12:05pm
Quoting adam3000
noone here ever trade with www.crownforex.com ???
Never heard Adam sorry
  • #4
  • Nov 16, 2006 8:33pm Nov 16, 2006 8:33pm
you will get delays in ex of trades.... the 1 pip is a marketing hook.
  • #5
  • Nov 17, 2006 7:49am Nov 17, 2006 7:49am
Sorry but I have no experience with them.
  • #6
  • Nov 19, 2006 7:38pm Nov 19, 2006 7:38pm
I sent them a message to get some further information about that company and how it would be possible to get one pip spread. Everyone says it s a hook, but i think, it's a good hook. It s a swiss company, maybe they found a way, who knows and we are missing it! So I will give anything I find out about them in this thread.

happy trading
  • #7
  • Nov 19, 2006 11:16pm Nov 19, 2006 11:16pm
I do not trade with them- however I know of couple that do and it is a hook!

If they had found a way for a 1 pip spread - other brokers would be doing it also.
  • #8
  • Nov 21, 2006 1:05am Nov 21, 2006 1:05am
Hehe i asked them where I could find there balance sheet or net assets, but they replied in a really rude way, something like you don`t have to know.

Then i sent further questions and got no reply yet!

Not good enough for me until now
  • #9
  • Dec 5, 2007 7:51pm Dec 5, 2007 7:51pm
Members, before opening a account with crownforex or if you are already trading live or demo with them, please read though this review page. scary stuff!
http://www.forexpeacearmy.com/public...crownforex.com

1 pip spreads come at a dire price!
  • #10
  • Dec 5, 2007 8:04pm Dec 5, 2007 8:04pm
Quoting >Apocalypto<
Members, before opening a account with crownforex or if you are already trading live or demo with them, please read though this review page. scary stuff!

http://www.forexpeacearmy.com/public...crownforex.com

1 pip spreads come at a dire price!
i wound't trade with crown, but if you look at those review's you woudn't trust no broker.
If I Go Broke Trying Then I Will die happy.
  • #11
  • Dec 6, 2007 4:38am Dec 6, 2007 4:38am
I've traded with them and after 1 month I've closed... no scalping rules, 7 pips distance from price.... no good for me
  • #12
  • Dec 6, 2007 8:11am Dec 6, 2007 8:11am
Quoting >Apocalypto<
Members, before opening a account with crownforex or if you are already trading live or demo with them, please read though this review page. scary stuff!
http://www.forexpeacearmy.com/public...crownforex.com

1 pip spreads come at a dire price!
Ugh, people need to stop linking ForexBastards. Although I have no opinion on Crown, I do know nothing on that site is as it seems. It's all news traders and the reviews are approved by the owner and not posted if he doesn't personally agree.

Read the negative comments on any broker, "They won't let me scalp the spike with hugely leveraged lots so they are a scam! Waahhh"
The basis of a democratic state is liberty. ~ Aristotle
  • #13
  • Dec 6, 2007 9:57am Dec 6, 2007 9:57am
1 pip spread on a non ECN seems like a trap to me... Even on ECN you cannot have 1 pip spread on some pair (well at least not all the time)
  • #14
  • Dec 6, 2007 4:47pm Dec 6, 2007 4:47pm
Quoting Vensik
Ugh, people need to stop linking ForexBastards. Although I have no opinion on Crown, I do know nothing on that site is as it seems. It's all news traders and the reviews are approved by the owner and not posted if he doesn't personally agree.

Read the negative comments on any broker, "They won't let me scalp the spike with hugely leveraged lots so they are a scam! Waahhh"

Vensik,

I am not sure what you're on about but the main, no the only reason I posted that was to make unaware people aware. you can cry conspiracy all you want buddy. I am just trying to let people know that, that operator seems very bad and to beware. I am a daily 4 hour and a scalper I am still looking for the right broker myself. Just a friendly public service announcement that's all. I personally hate to see people lose their money to bloody con brokers, the markets offer enough challenge with out your broker making the job impossible........

for the record I found 5 other sites that said the same about Crown, they are not even swiss they're a Jordanian outfit claiming to be Swiss.

any way, cheers...........
  • #15
  • Jan 8, 2008 5:20pm Jan 8, 2008 5:20pm
I have traded with crownforex for over 1 year now, without any real problems. I trade using stop entry and limits so requotes are not a problem for me. My account size > $500K and I have made several withdrawals over $200K at a time without a problem.

if I can figure out how to post pics I'll send screen shots of my account statements.
  • #16
  • Mar 31, 2008 11:04am Mar 31, 2008 11:04am
Quoting gutrader
I have traded with crownforex for over 1 year now, without any real problems. I trade using stop entry and limits so requotes are not a problem for me. My account size > $500K and I have made several withdrawals over $200K at a time without a problem.

if I can figure out how to post pics I'll send screen shots of my account statements.

Hi

Where can I check your account statements.?

and
which strategy are you using now?
  • #17
  • Mar 31, 2008 11:57am Mar 31, 2008 11:57am
Quote
for the record I found 5 other sites that said the same about Crown, they are not even swiss they're a Jordanian outfit claiming to be Swiss.

Not that I am vouching for Crown or anything, but here you can see their offices in Switzerland here:

Inserted Video
  • #18
  • Mar 31, 2008 8:12pm Mar 31, 2008 8:12pm
Quoting gutrader
I have traded with crownforex for over 1 year now, without any real problems. I trade using stop entry and limits so requotes are not a problem for me. My account size > $500K and I have made several withdrawals over $200K at a time without a problem.

if I can figure out how to post pics I'll send screen shots of my account statements.
Yes, post the statements as I dont believe anyone would have 500k with this bucketshop broker. Let alone that someone has 500k to trade with would be amazing. :surprised
Anyone with 500k would be trading direct with a bank not with Crown forex; then again until I see proof.
  • #19
  • May 20, 2008 2:33am May 20, 2008 2:33am
Hi Sorry it has taken me so long to reply, I dont usually hang out in forums...

I'm direct contact with the senior members of crown and will be visiting them at the end of August. Will take plenty of photos and upload them as well. Anyone can email me direct @ [email protected]

Account equity is a bit low at the moment but still > $600K....

so do you want to start talking to people who deal with real account sizes and real volumes or believe the people with $1K that call brokers bucket shops becuase they tried to get in on the NFP spike and got slipped.... Hell FXCM Slips me all the time, even during normal trading hours.... Crown do slip me as well, so I only trade with limit and stops with them...
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  • #20
  • May 20, 2008 2:41am May 20, 2008 2:41am
http://i29.tinypic.com/2nlzbc7.png
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