Disliked...erm.... I am a little confused - we haven't launched it yet so I am not sure what you are looking at?Ignored
DislikedTotally agreed with this. Awaiting for Chris's response. I just opened an account last week, if this is not solved, I will pull out very quick.
Why don't you set the limit to the current spread? This way, you FORCE any client to deal with a 1-spread sized risk at least. 2 pips is arbitrary and very suspicious. Your spread should be more than enough
Again, I would be more than happy to accept a limitation equal to the spread. More than that, is unacceptable and suspicious. With my proposal, you keep your interests safe and I can be trading in...Ignored
I can assure you it was not your fault. You are trading FX in an honest way, these people are not. They are professionals, placing literally thousands of orders deliberately trying to rip off brokers. One client placed around 14,000 of these lots in a month!
DislikedYes, my assumption. However, I don't know what a "normal trader and normal trading setups / situations" are, since I only trade my own account. But (although it is not this thread's subject) my 2nd assumption about what they could be would definitely explain to me why they say 95% of the traders lose money on a regular basis.
2 pips still looks excessive and arbitrary to me. By the way, I have not received any communication at all, neither through MT4 or via email, but it is totally effective on my account, which does not look very fair to me....Ignored
DislikedSo they made .32 of a pip everytime they did this X 14,000 trades...if they were trading $1.00 pips...that's $4,200 in profit!! WOW. If they traded 10.00 pips, $42,000 etc.... So the real question is: DID THEY GET TO KEEP THE MONEY???????????????????Ignored
Disliked@GOMARKETS Have you widened the spreads??I don't think it's y7our liquidity providers fault because no other brokers out there have widened....It's from monday that the average is 1,4/1,6 on the Euro...it used to be 0,8/1,2.....Ignored
DislikedI think that it would be a good think if Gomarkets made ecn accounts without this kind of restrictions.Ignored
Just a quick one - you will all be thoroughly excited to know that have just been given access to our MT5 demo...
DislikedSorry, it is not that obvious to many of you as most people do not consider doing such things.
Let me give you an example:
AUDUSD is trading at 1.0695. You place a buy stop at 1.0696 with a stop at 1.0696 and a limit at 1.0696.
The market moves to 1.0696 and your entry condition is met. Instantenously your stop/limit condition is met and the trade is closed with zero profit or loss and you have made your 0.35 of a pip (or whatever rebate you are getting).
It is risk free, and is hugely open to manipulation by these cheats. I perhaps...Ignored
Do you have any idea at all when you'd be looking to run a live MT5 ?
Would your MT5 setup allow same pair hedging or is that limitation enforced by the MT5 client rather than at the server level?
DislikedSomething just does not jell with this situation. What happened to the spread?
Market would still have to move the distance of the spread, in AUD/USD >4 pips. Broker still makes his money off the spread no matter which way the market goes after buy is triggered.
So if the broker automatically gets paid in excess of this theoretical rebate... what does he care? In the example given there is no spread which never happens.
Must be something more to the situation?Ignored