Does any one have any recent info on this broker? I am thinking about opening up an account with them but I am not completely sold on them. How are the spreads on majors and have they fixed the price spikes. I currently use IBFX but I can not have long and short positions open in the same currency at the same time. I believe there are no restrictions with GoTo Markets.
Does any one have any recent info on this broker? I am thinking about opening up an account with them but I am not completely sold on them. How are the spreads on majors and have they fixed the price spikes. I currently use IBFX but I can not have long and short positions open in the same currency at the same time. I believe there are no restrictions with GoTo Markets.
Thanks for your feedback.....
Ignored
It has been said many times that they are ok. What more to tell you except open a small account and test them for your own experience.
Hey Ozziedave,
I wouldnt hesitate, they are great these days, great spreads on the major pairs even 3-5 pips on GY so thats pretty good to, they do a market execution so you will not get requotes whats so ever the down side to that is you can get some slippage but they have sped up the order process significantly so slippage is very minimal if at all even during fast moving market, they are doing more shortly to get it even quicker so in short they have got there shit together which is great.
Highly rec them.
Hi Ozziedave,
I have been with these guys since day one and have had many issues, but finally as sutters has mentioned they have got it all sorted. Spreads are excellent, stoppes can be set alot closer than the original 15 pips & fast execution. Have seen some minor slippage but acceptable.
Over the past week I have been using a scalping system targeting 5 pips, closing half and other 3pips closing the rest. Once I see 5 pips profit the EA sets stop to breakeven. So far the trade has been filled, targets and stops have been hit within .2 to .3 pips. So all good.
BUT as Pipstar has mentioned many times best to test for yourself with a small live account. Treat it has a business cost.
Below is a snap of the marketwatch at 10.03am Monday 14.9.09 [Brisbane Time]
I've opened a live acc with them. Read through some of their legal mumbo jumbo before i funded the acc and started trading but got caught on a few things.
Section 16 on the PDS or w/e says something about debits and stuff? I was under the impression i couldn't lose more then i invested in FX? Also something about having to supply them with $5000 at any given time? the hell?
Would love some light shed on this concern.
Other then the slight concern i have over that, i'm looking forward to testing this MT4 broker.
I've opened a live acc with them. Read through some of their legal mumbo jumbo before i funded the acc and started trading but got caught on a few things.
Section 16 on the PDS or w/e says something about debits and stuff? I was under the impression i couldn't lose more then i invested in FX? Also something about having to supply them with $5000 at any given time? the hell?
Would love some light shed on this concern.
Other then the slight concern i have over that, i'm looking forward to testing this MT4 broker....
Ignored
go market is scam......( always unplug the system when market move fast)
go market is scam......( always unplug the system when market move fast)
there are an another better mt4 broker i knew..
i had bad expereince with go markets.
Ignored
Is this true? the reviews at http://www.forexpeacearmy.com/ (forex peace army) recently have been very good. Apparently they've 'cleaned up,' a lot. Also a number of recent posts on this forum have stated Gomarkets(AU) to be of a respectable nature.
It's just I've used Alpari.co.uk for a long time and while i wasn't all that happy with them they seemed to be the most reliable broker out there. Recently they've changed and taken a turn for the worse so i'm looking for a new broker but there don't seem to be any brokers that are 'respectable.' I just want to trade knowing i won't be scammed of my money...
