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MT4 Brokers' Virtual Dealer Plug-In

  • #221
  • Mar 2, 2008 9:22pm Mar 2, 2008 9:22pm
This is to the Mods: I'm not sure where to complain or comment but I am tired of coming to threads time and time again to find information about a subject that I am interested with and all I can find is posts after post from Hi-jackers about some other issue. It seems some posters spend all their time on here bad mouthing other posters and the whole thing is tiresome and childish.
I am not a frequent poster however I have enjoyed coming here over the years to find information on subjects that interest me. A thread begins and denigrates to some sort of pixxxng match which only the bystanders get wet.
And to the pixxxers don’t bother slamming me I will not respond.
  • #222
  • Mar 2, 2008 9:23pm Mar 2, 2008 9:23pm
Quoting GulfCoastPip
Here's the link to file a complaint with the CFTC
http://www.cftc.gov/customerprotecti...form/index.htm

Here's the link to file a complaint with the NFA
http://www.nfa.futures.org/BasicNet/Complaint.aspx

You can read more about filing a complaint with the CFTC here
http://www.cftc.gov/customerprotecti...ions/index.htm


Whether or not it helps, that's another story.
So far i think people only lost money thx to these organizations shutting down brokers. Some say they managed to recover 10% of their balance.
  • #223
  • Mar 3, 2008 2:33am Mar 3, 2008 2:33am
Quoting PipStar
It's been 3 years since any broker has taken money from me; that's because I know their tricks and for last 3 years I beat them at their own game.

Anyway, relax, Bro

I'll relax when you join the people you seem to idolise and publish how "you beat them at their own game" since this is the broker/dealer forum.

Quoting Playmaker
This is to the Mods: I'm not sure where to complain or comment but I am tired of coming to threads time and time again to find information about a subject that I am interested with and all I can find is posts after post from Hi-jackers about some other issue. It seems some posters spend all their time on here bad mouthing other posters and the whole thing is tiresome and childish.
I am not a frequent poster however I have enjoyed coming here over the years to find information on subjects that interest me. A thread begins and denigrates to some sort of pixxxng match which only the bystanders get wet.
And to the pixxxers don’t bother slamming me I will not respond.
Hooray! A true voice of reason! I'm glad you guys are still around here on FF. To be honest, we're kinda blessed that this one devolved into a picture match, since we usually don't get that luxury, we're stuck making mental images of the pissing match.
Never underestimate the powers of the Force.
  • #224
  • Mar 3, 2008 1:59pm Mar 3, 2008 1:59pm
Quoting BurgerKing
Bottom line is: I just stopped my EAs last Friday and will close all of the down. I am migrating. In Fact, whenever I join a broker, I am taking money out. You MT4 Brokers dont need/want my Business and should celebrate: Good riddance BurgerKing is leaving MT4 brokers!

BK,
I'd be very interested to know who you moved to. I love MT4 as well, but other than for charts I can't see using an MT4 based broker at this point.
Disregard all prognostications.
  • #225
  • Mar 3, 2008 6:46pm Mar 3, 2008 6:46pm
Quoting smjones
Sheese, are you all just teenagers? Why can't we have a well reasoned discussion on this topic?Why does it always have to turn into and pre pubescent pissing match? Come on start using some civility and logic.

I am more and more disappointed with the personal attacks of late. I suppose I will just move back to the Trading Room only.

Reading the posts on the forum, you come to one conclusion. There aren't too many people who know what they are doing, what they are talking about, and making serious money with their FX trading on the forums. How many of you really make decent income from your trades? How many of you are making over $5,000 per month? And you people love busting on certain brokers right? It certainly doesn't have any to do with your lack of experience, knowdlege, or guts to trade like pros and make their level of income?

Most people typing stuff on forums are trolls with hidden agendas with no lives. If you are making serious income trading, would you waste more than 5 hours per day on forums? Think about it.
  • #226
  • Mar 6, 2008 12:18am Mar 6, 2008 12:18am
[quote=Pidgeon;1877623]
Quoting UFO Engineer


This is part of what the "beat the forex dealer" book is talking about.... even though news time is volatile in the market, its not as volatile as the brokers would have you believe. Several minutes after a news release, you can place a normal order with normal spreads on most ECNs. The liquidity is there. These MT4 brokers are stop-hunting trades because they can see the stops collect around certain numbers.
Hey Pidgeon, that book sounds interesting. Where did you get it? Can you post here?
  • #227
  • Mar 8, 2008 6:52pm Mar 8, 2008 6:52pm
So, in light of this, which MT4 broker is the safest bet around these days?

Or are we to steer clear of all of them because, let's face it, we can never be sure?
Amor Fati--F. Nietzsche
  • #228
  • Mar 9, 2008 4:25am Mar 9, 2008 4:25am
Well, I know I'm making good money with my MT4 broker, IBFX.
Binary Options Trader
  • #229
  • Mar 9, 2008 4:52am Mar 9, 2008 4:52am
Quoting doji
So, in light of this, which MT4 broker is the safest bet around these days?

Or are we to steer clear of all of them because, let's face it, we can never be sure?
Yes, you best run for the hills. LOL!

I'm kidding of course but really you won't actually know who's better until you try them out for yourself since everyone can have different views on the same darn dealer...
  • #230
  • Mar 10, 2008 7:04am Mar 10, 2008 7:04am
As has been previously mentioned, if you're one of those traders who trades the longer time frames, this plug in shouldn't be an issue.
  • #231
  • Mar 10, 2008 11:24am Mar 10, 2008 11:24am
[quote=what_it_is;1887627]
Quoting Pidgeon

Hey Pidgeon, that book sounds interesting. Where did you get it? Can you post here?
See post #171, it has the link to the book.
BTW, I have nothing to do with the book, I came across it on another thread in FF and decided it was worth $11. Its an e-book.

Enjoy...
Disregard all prognostications.
  • #232
  • Mar 10, 2008 8:32pm Mar 10, 2008 8:32pm
Quoting forexmoments
As has been previously mentioned, if you're one of those traders who trades the longer time frames, this plug in shouldn't be an issue.
I hear your view. But it's not just a question of issue but also a point of principle and ethics. It's just plain irrelevant that it may not affect those trading longer time frames. As traders, we dont have much power and most of the time we are up against it therefore we should not turn a blind eye to unethical practices just because it may not affect some people. As an example, how would long term traders feel if suddenly brokers decide to slip 10 pips from their trades at exit?
  • #233
  • Mar 11, 2008 3:08pm Mar 11, 2008 3:08pm
EFX Group has just been shut down - folded into MBT Trading, so you will be dealing direct w MBT

I had heard that MBT let you do .1 lots with a $400 minimum accout ... which would be around 10 cent USD pips, I guess, on certain Forex pairs
  • #234
  • Mar 11, 2008 4:27pm Mar 11, 2008 4:27pm
Hi,
Apologies if this has been raised here already, and not exactly on the MT topic, but below is a link to explanations of, and d/loads for several broker platforms.

This particular link explains one of the platform's ability to create & "smooth" prices, it also lets the brokers drive prices where they want, and do so for specific clients.

http://www.vcapfutures.com/forex-tra...r-fx/index.asp
. . . . and then click on the "Features" Tab for details.

Some of the "advantages" are:
* ..the TrackWheel will take the clean price and add the Market Maker's defined spread (and possible skew).
* The dealer can stop prices being broadcasted or control prices in manual mode.
* --Tiering takes the core prices---, and adds client specific tiers to these prices.
* "-- a tool for market makers to transmit client specific, tradable prices to different destinations.


Good luck.

Chris
  • #235
  • Mar 13, 2008 8:30pm Mar 13, 2008 8:30pm
The best thing any of us can do the necessary research before parting with our hard-earned money. To get a feel of what others think I recommend checking out www.forexpeacearmy.com.
  • #236
  • Mar 13, 2008 9:07pm Mar 13, 2008 9:07pm
Quoting MikeNC
The best thing any of us can do the necessary research before parting with our hard-earned money. To get a feel of what others think I recommend checking out www.forexpeacearmy.com.
if you went by that site you wouldn't open an account with no brokers
If I Go Broke Trying Then I Will die happy.
  • #237
  • Mar 14, 2008 6:23am Mar 14, 2008 6:23am
Quoting Moe
if you went by that site you wouldn't open an account with no brokers
But it gives you at least an idea as to what the broker is like.
  • #238
  • Mar 14, 2008 6:42am Mar 14, 2008 6:42am
Quoting PipStar
But it gives you at least an idea as to what the broker is like.
Yeah but 99% of the brokers on that site has more bad reviews then good and most are news traders and this is where the problem comes in, you just can't trade news with most market makers, thats when all the whinning comes in.
If I Go Broke Trying Then I Will die happy.
  • #239
  • Mar 15, 2008 2:23pm Mar 15, 2008 2:23pm
Quoting Moe
if you went by that site you wouldn't open an account with no brokers
Hahahaa!!!!
  • #240
  • Mar 16, 2008 7:14am Mar 16, 2008 7:14am
Quoting MikeNC
The best thing any of us can do the necessary research before parting with our hard-earned money. To get a feel of what others think I recommend checking out www.forexpeacearmy.com.
That site is completely biased and not even close to free journalism. Positive reports will be deleted and fake bad ones put in as long as you are not an intimate friend of Mr. Felix Homogratus ($$ will help).
But if you are willing to be a "friend", there are no boundaries to your ranking.
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