I have a live account with Crownforex. I don't trade the news (there are slippages and requotes during important news releases). Deposit and withdrawal of funds is okay.
I was wondering if there are traders on FF that have live accounts with Crownforex. Most traders on here have accounts with Oanda, Alpari, FXCM..
Type Crownforex in the Search box on top of this page and read different trader's review on Crownforex. I don't have any problem with them right now because i don't trade during important news releases and i don't use any EA.
Hi Guys What Your Oppinion About Crown Forex?
I Need To Open New Account On This Broker.
Please Help ME To Make Desicion.
Best Regards,
Ignored
I used to have account with them. I was running a successful EA on their platform. Once they caught this , they disabled the EA. When trying to get customer support was very difficult. They told me to modify my EA , which I did . A few days again it became profitable and they shut it down for good and said that I was trading unreasonably. When asked what this meant, they kept repeating this word "unreasonably".
On manual trading, very many requotes. They hate any type of scalping (closing position under 2 days).
If you are going to be long term trader manually, then maybe you will have no problems.
Remember they offer no swaps, but they still make on your positions this way.
I used to have account with them. I was running a successful EA on their platform. Once they caught this , they disabled the EA. When trying to get customer support was very difficult. They told me to modify my EA , which I did . A few days again it became profitable and they shut it down for good and said that I was trading unreasonably. When asked what this meant, they kept repeating this word "unreasonably".
On manual trading, very many requotes. They hate any type of scalping (closing position under 2 days).
If you are going to be long term trader manually, then maybe you will have no problems.
Remember they offer no swaps, but they still make on your positions this way.
Hope this helps.
Ignored
Thanks very much for sharing your experience with them. The only advantage that I notice to CrownForex is low spread on majors.
I am a daily trader and I trade manually. I was looking for a Broker that offers low spreads in Europe but to cancel your account or such things is unacceptable. That means I can scalp one day from them and ruin them in 1 week.
If you don't want people to scalp, rise the spreads, like many brokers do.
Thanks again, I think I will stick to HotspotFx and OLD Securities. 2 of the best Forex Brokers I ever used.
They hate any type of scalping (closing position under 2 days).
If you are going to be long term trader manually, then maybe you will have no problems.
Remember they offer no swaps, but they still make on your positions this way.
Really, sounds like the perfect counter broker for a carry trade.
Is this limited to Muslum non USA accounts?
When actively trading short term ie (Jobbing) I hate the word scalping, you need to bear in mind that a market maker such as crown makes their money from spread.An ECN however makes their's from brokerage so you can have a song and dance in the market as much as you want.
I used to have account with them. I was running a successful EA on their platform. Once they caught this , they disabled the EA. When trying to get customer support was very difficult. They told me to modify my EA , which I did . A few days again it became profitable and they shut it down for good and said that I was trading unreasonably. When asked what this meant, they kept repeating this word "unreasonably".
On manual trading, very many requotes. They hate any type of scalping (closing position under 2 days).
If you are going to be long term trader manually, then maybe you will have no problems.
Remember they offer no swaps, but they still make on your positions this way.
