MIG makes constant reqoutes | Forex Factory

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MIG makes constant reqoutes

  • #1
  • First Post: Jun 26, 2007 4:53pm Jun 26, 2007 4:53pm
Yes - it can go to 3 or more reqoutes at a stretch and can cause extention in losses or diminish the profits. I have never seen such frequent reqoutes in any brokers that I know.
It happens most often in GBP/JPY
  • #2
  • Last Post: Jun 26, 2007 5:33pm Jun 26, 2007 5:33pm
Quoting ripattme
Thz correct.. i was with MIG in January.. i faced the same. i asked them how many liquidity providers they connect with. not many were they.. as its not easy to fetch liquidity. and thz why they show requote always.
I have account with stifx and also oanda right now.
If you say go long at 247.00 and price drops below at the moment when you click you won't get any reqoute. No reqoute when it is in their favour !! There are times when your trade is held for a long time. It says trade is accepted - then in progress - when the price ticks against you, it is executed otherwise it is rejected.
It is good that you tell others your experience. All can learn
Thanks
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