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  • #241
  • Apr 5, 2009 8:31am Apr 5, 2009 8:31am
Hi,

Could those already trading with Alpari tell me something about this "Systematic" account ? They don't say that much about it on their site. Do I understand correctly that basicly they give you some 70 EAs of their own making of which you can choose whatever you want, get their statistics for the past year, define your own risk levels and let'em run on your mt4 platform and trade your account ?

Also, if that's so, is anybody actually doing it here and what kind of performance do you get with some of those EAs they offer ?

Thanx
On the path to Enrichment.
  • #242
  • Apr 7, 2009 9:51am Apr 7, 2009 9:51am
Hi, I just thought I would add to the comments, today I have had lots of requotes with Alpari, as well as "invalid price" "common error" you name it. My last trade I decided to close at 20 pips in the black, I hit the close button and waited 20+ seconds then got a requote, the end result was that I lost 10 pips (so a 20 pip trade becomes a 10 pip trade)! This is just info I am not here to complain, however as this is a business and my cost of doing business recently has been the spread plus what ever I loose on the requotes, errors etc. I will be transfering to an ECN. I have opened the account but as I live in Europe, I will have to accept the transfer fees both ways as the cost of doing business!

Kind regards too all

PAJ
  • #243
  • Apr 7, 2009 10:47am Apr 7, 2009 10:47am
I kept hearing people say cannot close or stop... (not specific to one mt4 broker)
it may be a mt4 back end setting that allows manipulation??? not sure

if someone can video tape it will be good for exposures... I have a tool here ha
http://www.forexfactory.com/showthread.php?t=157955

as far as the transfer fee, is that 10$ or so so not big percentage if no frequent in/out

Quoting Paj
Hi, I just thought I would add to the comments, today I have had lots of requotes with Alpari, as well as "invalid price" "common error" you name it. My last trade I decided to close at 20 pips in the black, I hit the close button and waited 20+ seconds then got a requote, the end result was that I lost 10 pips (so a 20 pip trade becomes a 10 pip trade)! This is just info I am not here to complain, however as this is a business and my cost of doing business recently has been the spread plus what ever I loose on the requotes, errors etc. I will...
  • #244
  • Apr 9, 2009 12:33pm Apr 9, 2009 12:33pm
Anybody know what Alpari's Easter hours are? There's nothing on their website or forum!
  • #245
  • Apr 10, 2009 3:36am Apr 10, 2009 3:36am
Quoting Paj
Hi, I just thought I would add to the comments, today I have had lots of requotes with Alpari, as well as "invalid price" "common error" you name it. My last trade I decided to close at 20 pips in the black, I hit the close button and waited 20+ seconds then got a requote, the end result was that I lost 10 pips (so a 20 pip trade becomes a 10 pip trade)! This is just info I am not here to complain, however as this is a business and my cost of doing business recently has been the spread plus what ever I loose on the requotes, errors etc. I will...
I stopped using Alpari 2 weeks ago for exactly the same reasons as you highlight above. When I was not being requoted I noticed the price I was using for instant execution (opening & exiting a trade), when not requoted , it appeared at upto 3 pips difference from that I had opened/closed at! Also I did NOT have any deviation set to allow for such things.
Using Oanda now who are far better but watch the stop loss when you have a ticket open ready to execute a trade bevause whilst it takes the prices you open at, it often attaches the S/L shown on the ticket when you opened the ticket in preparation to enter
Ref Alpari, I now see why they actively welcome scalpers and any EA user...because it appears they will make their extra spread up from them. Whilst I am not a scalper losing 15 pips a day is not acceptable...then add requotes to that and the times their platform goes down in high volatility
  • #246
  • Apr 10, 2009 4:27am Apr 10, 2009 4:27am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
One time reqoute , yes. But three times
requote whereby you miss your entry..HABA !
I like the Big Dogs because I trade like them
  • #247
  • Apr 10, 2009 5:27am Apr 10, 2009 5:27am
What do u think about write all the Alpari UK issues to FSA?

Lubo.
If I know how, I tell You!! Few but Good!!
  • #248
  • Apr 10, 2009 6:10am Apr 10, 2009 6:10am
I read many stop using Alpari, my curiosity wants me to ask which broker you use now after Alpari?
  • #249
  • Apr 10, 2009 6:18am Apr 10, 2009 6:18am
I don't know i'm looking for one more realible broker which allow to fund account in Euro, but i haven't find it yet.
I found this one UK based but know nothing about..http://http://www.sucdenfinancial.co.uk/default.aspx.
and this one US based http://www.thecollectivefx.com/index.html that seems different from ather broker, i posted also a thread on this last but i don't know why was putted on ricycle bin....

Any help?

Thanks.
Lubo.
If I know how, I tell You!! Few but Good!!
  • #250
  • Apr 11, 2009 3:56am Apr 11, 2009 3:56am
belief, regarding "which broker now" I have opened an account with MB Trading, there has been enough written about ECN's, the bottom line is they make money purely on execution/commission they are not interested in anything else, your trade just passes straight out to the interbank market.

Forexstorm, Regarding -
"When I was not being requoted I noticed the price I was using for instant execution (opening & exiting a trade), when not requoted , it appeared at upto 3 pips difference from that I had opened/closed at! Also I did NOT have any deviation set to allow for such things."

Exactly, something I have thought about alot recently is, if one places 2 trades a day, trades say 3-4 days a week ,every week, less a bit of holiday each year, then ask yourself if the higher spreads, bad fills, slipping, requotes errors etc. etc. what that adds up to on average per trade, As I mentioned I lost 10 pips plus my "Fixed" spread? on a requote that took 20 seconds recently. All this may be the difference between being reasonably profitable and gradually wearing your account down.

Paj
  • #251
  • Apr 11, 2009 1:03pm Apr 11, 2009 1:03pm
Quoting LuboLabo
I don't know i'm looking for one more realible broker which allow to fund account in Euro, but i haven't find it yet.
I found this one UK based but know nothing about..http://http://www.sucdenfinancial.co.uk/default.aspx.
and this one US based http://www.thecollectivefx.com/index.html that seems different from ather broker, i posted also a thread on this last but i don't know why was putted on ricycle bin....

Any help?

Thanks.
Lubo.
As I need an MT4-broker, I thought of ATC as my next station after Alpari. But then I read your post regarding the collective fx and started demoing them. The feed seems to be very similar to ATC (which, in turn, is FXCM), the spread is exactly like ATC (+0.1 pip but no commish), very tight most of the time, and my e-mail communication with the rep. has been very positive. Besides, I like the collectivist idea. Viva La Revolución! :-) In the near future, I'll probably risk a couple of thousand to test these people live. I'm really curious, Lubo, why your mentioning of the collective fx found itself in the recycle bin... Are they such a big threat to the sponsors of FF? Let's see, what happens to this post. If it moves to the recycle bin, it'll be the ultimate proof of the collective fx worthiness :-)
sans peur et sans reproche
  • #252
  • Apr 12, 2009 7:20pm Apr 12, 2009 7:20pm
i don't get it... I recently went live with Aplari.co.uk, and I've had instant executions and no problems atm. (trades open/close within 1-2 seconds) It almost makes me wonder if I'm still trading demo!
  • #253
  • Apr 12, 2009 8:17pm Apr 12, 2009 8:17pm
Quoting ilanr
As I need an MT4-broker
Or rather, you just need free MT4 chart?
  • #254
  • Apr 13, 2009 4:25am Apr 13, 2009 4:25am
Quoting belief
Or rather, you just need free MT4 chart?
No, unfortunately, not. I use several very handy custom charting devices/indicators and scripts for placing orders. Charting on MT4 and trading on another platform would make my trading not as pleasurable as it is now...
sans peur et sans reproche
  • #255
  • Apr 13, 2009 5:12am Apr 13, 2009 5:12am
Quoting ilanr
As I need an MT4-broker, I thought of ATC as my next station after Alpari. But then I read your post regarding the collective fx and started demoing them. The feed seems to be very similar to ATC (which, in turn, is FXCM), the spread is exactly like ATC (+0.1 pip but no commish), very tight most of the time, and my e-mail communication with the rep. has been very positive. Besides, I like the collectivist idea. Viva La Revolución! :-) In the near future, I'll probably risk a couple of thousand to test these people live. I'm really curious, Lubo,...
I looked at ATC, they have also a scalp account, that seemd good for one like me who take short term position, but if thay are FXCM related, ummmmhhh, i don't like FXCM...
About the collective broker i'm little suspicious, here i find a thread http://www.forex-tsd.com/metatrader-...ouncement.html.

I don't have platform issue, I could adapt to almost....

what do u think about Barkley http://www.bfl.co.uk/home/index.cfm?page_id=316 ?

Lubo.
If I know how, I tell You!! Few but Good!!
  • #256
  • Apr 14, 2009 6:30am Apr 14, 2009 6:30am
Quoting Search1ng
i don't get it... I recently went live with Aplari.co.uk, and I've had instant executions and no problems atm. (trades open/close within 1-2 seconds) It almost makes me wonder if I'm still trading demo!

give it a bit of time, and if you start making money, you will see the difference....
  • #257
  • Apr 14, 2009 7:56am Apr 14, 2009 7:56am
Quoting jpapin
give it a bit of time, and if you start making money, you will see the difference....
aww man, don't scare me like that! How much money are we talking?
and what tactics are used? delayed orders? missed T/P? missed S/L?
  • #258
  • Apr 15, 2009 12:30am Apr 15, 2009 12:30am
searchIng, ignore all the nay-sayers they are idiots, trust me.
  • #259
  • Apr 15, 2009 1:06am Apr 15, 2009 1:06am
Quoting LuboLabo
I looked at ATC, they have also a scalp account, that seemd good for one like me who take short term position, but if thay are FXCM related, ummmmhhh, i don't like FXCM...
You dont have to like FXCM to go with ATC. (I dont like em either) - Seems like the FXCM feed is unfiltered and delivered pretty straight to ATC. Order Entry/Exit is VERY snappy. (actually better than the Hotspot Feed)
  • #260
  • Apr 15, 2009 2:59am Apr 15, 2009 2:59am
Thanks Fulltime,
if is there's only feed relations it's not a problem....
Do you trade with ATC?
Do you think that scalp account is good?
I appreciate your feedback on their service.

Lubo.
If I know how, I tell You!! Few but Good!!
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