This may be a stupid question... but is that why sometimes when I leave a trade open over the weekend it opens up lower or higher than when my broker closed? That would make sense.
Ignored
yep - and since forex is unregulated you're really waiting for everyone to leave the offices on Friday and Sundays spins up in a lazy manner as banks login and start trading - Its not like a gun goes off and everyone goes to work. Prices move anytime someone does a trade so your brokers bank might not start trading till sunday evening but another bank might start processing transactions sunday afternoon.
yep - and since forex is unregulated you're really waiting for everyone to leave the offices on Friday and Sundays spins up in a lazy manner as banks login and start trading - Its not like a gun goes off and everyone goes to work. Prices move anytime someone does a trade so your brokers bank might not start trading till sunday evening but another bank might start processing transactions sunday afternoon.
Ignored
Forex is "unregulated?" Some can argue that there are more "guidelines" than "regulations" but I would say that it is far from unregulated and there are additional regulations what will be continuing to come forth.
And to the thread topic. If you keep *thinking* you're getting screwed by a broker, why do you even bother? If you're a serious trader you wouldn't bother with either broker - would you?!?
Lastly the talk of nano lots is a tad nauseating too. Especially of those who complain on execution on such small sized trades.
I fully agree with socialtrader. You can't judge any broker if you are talking about nano lots.also I agree - if you are worried about a Broker- you are not concentraing on trading. This whole thing started because someone was trying to decide which Broker to use. Anyway, I'm still happy with FXDD and thankfully don't have to keep trying to figure this out.
I fully agree with socialtrader. You can't judge any broker if you are talking about nano lots.also I agree - if you are worried about a Broker- you are not concentraing on trading. This whole thing started because someone was trying to decide which Broker to use. Anyway, I'm still happy with FXDD and thankfully don't have to keep trying to figure this out.
Ignored
Hi Shauna,
Is FXDD a MT4 or MetaQuotes platform?
TYA
fxScavenger
Arrogance is just Ignorance misspelled.
abso-PIPn-lutely
I have have used FXDD since 2003..and had a demo account for two years prior. I have little issues with them, and went to FXDD after REFCO shut there doors....Their customer service has been great, if your wanting to be handled with kit gloves then go somewhere else..they want to get you fixed, and on your way..they tell it how it is..and if they are wrong they fix it. I like FXDD, I make money using FXDD..and no I don't work for FXDD...I really think it boils down to Money Management and trading styles as to what broker works best for you. I don't trade news releases like a lot of folks on here do, so i don't experience slippage or tons of requotes, but requotes will happen no matter whick broker you use if you try to enter or exit during violatile trading times..just some brokers are better at handling the influx. For me I will stay with FXDD...and if I loose my account..well I probably didn't stick to my Money Management rules...Happy trading!!!
