Compare platforms

Hi, I'm new to Forex and I've downloaded several platforms I've ran them at the same time on the same devises.

I've founds huges differences on exotic devises like ZAR or INR.

I've use 3 platforms and I was comparing with Yahoo. One of these platform that has the number 360 in the name was totally away from the rest.

For example the ZAR was going from 6.800 to 7.200 up and down... I've purchased the same amount with all the platform and placed a STOP at 7.100
I've sold on 2 platforms and won + 10 000 USD on these, but on the 360 software it NEVER went over the 7.00 bar, worse I've been stuck and was obliged to sell be force I got not enought margin.

IT is crazy, I was seeing in Yahoo the rate was at 7.3 and on the 2 others platforms too, but on the 360 software, 6.9.

Worse I've found that the rate was correct at the average value (6.900) and more you are going far from the medium value more the edge are smoothed, like of they were systematically underevaluate the variations from the average...

Does anyone have heard about accuracy issues between platforms? Which one is the more accurate to the market?

Hi Nikko - I think the answer is that there is no central market in forex, and the prices quoted by different brokers are going to vary a little. I think the best thing is to look at a data feed that shows prices from your broker, which after all are the ones that matter to you.

Or you could arb the crap out of them.

there are allready some threads regarding this. Btw isn't it easier to choose a more known platform?
When you refer to 360 you mean Dealbook 360 from GFT?

Yah he does... There is no accuracy issues... Different brokers buy different feeds.. And are subject to different rates...

Yes I was refering to GFT. On the same period of time, I've made the same trades, I've won +10 000 USD on GCI and lost everything on Dealbook.

This feed issue does not explain why the quotation was below the 'market' as stated by Oawda, GCI and Yahoo.

By doing so they can sell at the real market price and keep the difference in their pocket.

I'm affraid that there are some coming scandals about the Forex that will appear in the press when the users will realize that they were cheating...


I can't imagine that such a platform, with so much options, could do some systematic Pip errors like this... The market is the market. It should be the same everywhere or anything is possible.

Btw what is the most used platform in the world?

I have just started learning forex, and have downloaded a few different platforms. I became instantly comfortable with dealbook. I really like everything about it - layouts, quality, etc. But is this true that they "GFX" arbitrarily sets the price lower & higher than the rest?