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FXCM MT4 & Scalping

  • #61
  • Sep 18, 2009 3:10pm Sep 18, 2009 3:10pm
Quoting Woolf
Hi Jason,

I'll take the opportunity of this thread to ask my question again : why is it impossible to have partial closes on trades ?

This is so important for money management, I cannot understand why none of the 125,000 customers did not mention this issue ?

Do you think this will be resolved in a near future, please ?

Thanks a lot

Woolf
Hi Woolf,

It's not a feature the technology bridge is able to perform right now, and I'm not able to go into the details unfortunately. But it is something we have been discussing with Boston Technologies as something to enable. Will it be available in the near future? no. Eventually? It's likely.

Jason

PS. It's now over 150,000 accounts on all platforms , sorry couldn't help it .
  • #62
  • Sep 19, 2009 2:04pm Sep 19, 2009 2:04pm
Quoting Jason Rogers
Hi Woolf,

It's not a feature the technology bridge is able to perform right now, and I'm not able to go into the details unfortunately. But it is something we have been discussing with Boston Technologies as something to enable. Will it be available in the near future? no. Eventually? It's likely.

Jason

PS. It's now over 150,000 accounts on all platforms , sorry couldn't help it .
LOL ....

and as for the partial fills, I hope this will be done asap

Thank you

Woolf
  • #63
  • Sep 27, 2009 10:22am Sep 27, 2009 10:22am
Dear all,


I believe we explained this before but I don't mind explaining it again.

1. We did not develop the Virtual Dealer plugin.

2. We make tools ,for trader and for brokers. We explain to everybody how to use them and when we make them we make certain , in all cases without exception, that they can be configured fairly for both sides, to favor broker and to favor trader. It is not our business to control what brokers do with the tools. That is your business and your responsibility as a trader to control that by giving your business to a broker or not.

Please let know if you have more questions.
And as mentioned before I would be glad to have a phone conversation on this matter. Nobody ever called our company to ask for explanations about this subject. We have only seen forum posts, and most of them lacking information and making fake assumptions.

Thank you,

George Popescu
  • #64
  • Sep 27, 2009 10:58am Sep 27, 2009 10:58am
Quoting hrmanager
Dear all,


I believe we explained this before but I don't mind explaining it again.

1. We did not develop the Virtual Dealer plugin.

2. We make tools ,for trader and for brokers. We explain to everybody how to use them and when we make them we make certain , in all cases without exception, that they can be configured fairly for both sides, to favor broker and to favor trader. It is not our business to control what brokers do with the tools. That is your business and your responsibility as a trader to control that by giving your business...
ROFL-I believe u George! Really I do!ROFL!
FF = Forex Faggots
  • #65
  • Sep 27, 2009 12:37pm Sep 27, 2009 12:37pm
Quoting hrmanager
Dear all,


I believe we explained this before but I don't mind explaining it again.

1. We did not develop the Virtual Dealer plugin.

2. We make tools ,for trader and for brokers. We explain to everybody how to use them and when we make them we make certain , in all cases without exception, that they can be configured fairly for both sides, to favor broker and to favor trader. It is not our business to control what brokers do with the tools. That is your business and your responsibility as a trader to control that by giving your business to a...
Hi George,

I'd like to try something here. I want to challenge you on your statement above. If what you say is true, you should have no trouble answering any challenges, correct? Well, we will see.

1) First, if you didn't develop the plugin, who did? Can you tell us that? That way we can at least complain to the right people. I assume you would prefer that correct?

2) The original thread about this stated that the ad for the plugin was seen on the Metaquotes forum, and then quickly removed once it was posted here on Forex Factory. Can you explain? Who other than Metaquotes would be able to delete a post on the Metaquotes forum?

3) Please see attached photo. It speaks of the plugin, and has your company name all over it. Again, can you explain? Is this photo a fake, or is it real?

4) If you didn't develop the dealer plugin, do you provide any kind of support for it to brokers, and if so, why since it isn't your product supposedly?

A phone call might be ok and I appreciate you offering that, but a sensible answer posted here will reach the largest number of traders.

Hopefully we'll hear from you with some answers...thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: dealer.PNG Size: 187 KB
  • #66
  • Sep 27, 2009 12:44pm Sep 27, 2009 12:44pm
Quoting hrmanager
Dear all,


I believe we explained this before but I don't mind explaining it again.

1. We did not develop the Virtual Dealer plugin.

2. We make tools ,for trader and for brokers. We explain to everybody how to use them and when we make them we make certain , in all cases without exception, that they can be configured fairly for both sides, to favor broker and to favor trader. It is not our business to control what brokers do with the tools. That is your business and your responsibility as a trader to control that by giving your business to a...
Here's the other document with your name on it. Same question here: is this photo a fake or is it real? If it's real, please explain.

Thanks...
Attached Image (click to enlarge)
Click to Enlarge Name: metaQuotesVirtualDealer1.jpg Size: 108 KB
  • #67
  • Sep 27, 2009 1:09pm Sep 27, 2009 1:09pm
Quoting TC East
Hi George,

I'd like to try something here....
Hi,

Certainly.
1. It was designed and built by Metaquotes.

2. We were the reseller of the Metaquotes products for a few months. But because of this precisely we lost the reselling contract.

3. Not , that is real. I made it , we were selling it of course.

4. And yes we do. As mentioned , we know how everything works and we help people run their businesses the way they want it. As you noticed we have a Start Your Own Brokerage package in which you decide what you want and we do if for you.

I think this is as short and clear as it can be.

Please feel free to ask more questions if you wish.

Thanks

George
  • #68
  • Sep 27, 2009 6:04pm Sep 27, 2009 6:04pm
Quoting hrmanager
Hi,

Certainly.
1. It was designed and built by Metaquotes.

2. We were the reseller of the Metaquotes products for a few months. But because of this precisely we lost the reselling contract.

3. Not , that is real. I made it , we were selling it of course.

4. And yes we do. As mentioned , we know how everything works and we help people run their businesses the way they want it. As you noticed we have a Start Your Own Brokerage package in which you decide what you want and we do if for you.

I think this is as short and clear as it can be.

Please...
Thanks for your responses George, it is appreciated.

I do have to make a couple of comments however. You mentioned "fake assumptions" in the forum posts about the plugin. Not sure what you were referring to specifically, but there is nothing in your responses that will change traders opinions about this thing: it is a DEALER plugin designed to benefit bucketshop brokers, and to defeat traders, plain and simple.

Maybe you didn't intend to dispell that notion anyway, but just commenting that I don't think you changed any minds here.

But thanks anyway for your honesty and timely response, and best wishes to you...
  • #69
  • Sep 30, 2009 10:48am Sep 30, 2009 10:48am
This should be forwarded to our friendly regulators that our concerned with our well-being and trading..

This is criminal..
lowest draw down possible please.
  • #70
  • Oct 28, 2009 6:16pm Oct 28, 2009 6:16pm
Quoting billbss
Is this only on their MT4 application or are they this way in general?
I was thinking of opening an account with them.
Sounds like I better not.
Is there a way or a plug in that you can run the metatrader4 platform using mozilla firefox
  • #71
  • Nov 6, 2009 9:54pm Nov 6, 2009 9:54pm
I find that I cannot load certain trading signalling systems like LMT and other eas onto my FXCM/UK powered by BT account... yet my other trading accounts can load anything up I want. I can't believe the BT account which was supposed to be better cannot accommodate my other systems I like to work with.

I have been in contact with FXCM more than once and they do phone me monthly for a friendly customer service call and I complain about this every call but their offer to confidentially work on my signalling systems and eas with me do not make me feel comfortable. I worry about sharing information about the ins and outs of my trading systems - Megadroid hides our T/P and S/L so the broker won't know what we're up to... and another system I trade with hides the same things too from the broker - so why on earth would I consider sharing this information with FXCM?

I now do manual trading on the FXCM/UK powered by Boston Technologies platform these days... execution is okay... when the screen freezes up, I simply close my MT4 platform and reopen it and if that doesn't work, I do this again and if that doesn't work, I'm on the phone with FXCM... got them on "Speed Dial" and have a post it note on my pc also just in case...

Is FXCM/UK powered by Boston Technologies my favourite broker these days? I'm afraid not... I used to love my FXCM/US account last spring when I was happily trading along using my Piptronic ea and scalping alongside it merrily along and then the NFA came along and we all had to move to the UK and I ended up with the Super Duper BT platform... Happy these days? Just hanging in...

Colleen
  • #72
  • Last Post: Feb 2, 2010 9:59pm Feb 2, 2010 9:59pm
Quoting cd.1963
I find that I cannot load certain trading signalling systems like LMT and other eas onto my FXCM/UK powered by BT account... yet my other trading accounts can load anything up I want. I can't believe the BT account which was supposed to be better cannot accommodate my other systems I like to work with.

I have been in contact with FXCM more than once and they do phone me monthly for a friendly customer service call and I complain about this every call but their offer to confidentially work on my signalling systems and eas with me do not make me...
Hi

I found that any fx broker regulated by NFA or any regulations only controls the physical activity of the broker. There is no screening of a brokers trading platform. Hidden code of broker side server can requote the price. And i found many of my customers complients about FXCM is delay execution of orders. They suspect they have dealing disk behind MT4. Delay execution happening at peak time when price bounce from one level to another level quickly. I also found "common error" often found i place new order. In my max delay execution of time is 18 sec. Mostly i lost 5 to 6 pips from the given price. If you ask them about the delay execution they won't speak about the problem.

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