This is just an update on my issues I had with Xpresstrade yesterday during the GPB/USD news. I could not get them to adjust my trade in any way, however, they must have had a million complaints, because today, an e-mail came out and stated that they were moving everyone back to their dealing desk, and re-instating their no slippage policy, with guaranteed spreads. My guess is that they lost a lot of traders after the slippage issues on Thursday. I know that I opened a new account elsewhere, but I haven't funded it yet. I may give xpresstrade a second chance now that I get guaranteed spreads and no slippage again.
Just in case anyone is interested, I demo traded their platform for a couple of months and not once did I have even one pip of slippage. Once I went live, I got anywere from 1 to 50 pips slippage on every single trade. SRDC I was 100% profitable in demo. While I only had one losing trade using SRDC I live (the GPB/USD News on Thursday), not one of my trades netted me my expected resluts due to all of the slippage. In fact, my account has a negative drawdown simply because of the one loss on Thursday. So, based on these results, I would be hesitant to believe that the demo systems work exactly the same as live trading, so be careful and do not expect your results to be the same until you have had a few weeks of consistent trading while going live.
Just in case anyone is interested, I demo traded their platform for a couple of months and not once did I have even one pip of slippage. Once I went live, I got anywere from 1 to 50 pips slippage on every single trade. SRDC I was 100% profitable in demo. While I only had one losing trade using SRDC I live (the GPB/USD News on Thursday), not one of my trades netted me my expected resluts due to all of the slippage. In fact, my account has a negative drawdown simply because of the one loss on Thursday. So, based on these results, I would be hesitant to believe that the demo systems work exactly the same as live trading, so be careful and do not expect your results to be the same until you have had a few weeks of consistent trading while going live.