Anyone use FXCM Dailyfx + ? | Forex Factory

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Anyone use FXCM Dailyfx + ?

  • #1
  • First Post: Sep 26, 2007 5:14pm Sep 26, 2007 5:14pm
Hi all

I'm just wondering does anyone use FXCM's dailyfx+ thingy, i've been using the dailyfx but it seems to get more updates with the + part but u have to have an account and with all the bad reports i've heard about FXCM i'm not too keen on opening an account, then i was thinking maybe just open a mini account and then i can still use the fx+. So the question is, is it worth it ?

Thanks in advance
  • #2
  • Edited 6:05pm Sep 26, 2007 5:46pm | Edited 6:05pm
Let me tell you something about FXCM.

Since they updated the data feed to show tenths of a pip, i know at least one person and me, where our stop loss was traded but we didn't get stopped out.

Why? Because the price traded was a fraction of a pip away... just incredible.

They don't wide spreads... and they are the biggest dealer around. So.. they will not go into bankrupcy.


About DailyFX+ it depends of your trading style.

They make live updates and advise about trades hours of even minutes before it happen, but what i like the most is when we see an huge incredible collapse like something unexplainable, they are fast telling us what is making the panic. Like some central bank selling, or a crazy new that is coming out only in the papers.
  • #3
  • Sep 27, 2007 5:01am Sep 27, 2007 5:01am
Quoting Warper
Let me tell you something about FXCM.

Since they updated the data feed to show tenths of a pip, i know at least one person and me, where our stop loss was traded but we didn't get stopped out.

Why? Because the price traded was a fraction of a pip away... just incredible.

They don't wide spreads... and they are the biggest dealer around. So.. they will not go into bankrupcy.


About DailyFX+ it depends of your trading style.

They make live updates and advise about trades hours of even minutes before it happen, but what i like the most is when we see an huge incredible collapse like something unexplainable, they are fast telling us what is making the panic. Like some central bank selling, or a crazy new that is coming out only in the papers.
Thanks for the reply, that's actually one of the better reports i've read about them ! Think i might open up a mini account and see how it goes, if i don't like trading with them i'll just leave the money in the account and therefore i can still use the dailyfx+ reports.
  • #4
  • Last Post: Sep 27, 2007 7:20am Sep 27, 2007 7:20am
Quoting Billy73
Hi all

I'm just wondering does anyone use FXCM's dailyfx+ thingy, i've been using the dailyfx but it seems to get more updates with the + part but u have to have an account and with all the bad reports i've heard about FXCM i'm not too keen on opening an account, then i was thinking maybe just open a mini account and then i can still use the fx+. So the question is, is it worth it ?

Thanks in advance
well I use forexfactory for my the forum and forexnews.com for the analysis
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