IS FXCM raw price feed flawless? | Forex Factory

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IS FXCM raw price feed flawless?

  • #1
  • First Post: Edited 11:54am Jan 18, 2012 10:14am | Edited 11:54am
Hi,

Watch how this is really funny in last EURCHF spike that was fast (rumor reported a fat finger).

What happned with FXCM first I had 2 raw spread feed that compared the spikes high's on ATC (the price feed is from FXCM !!) just watch the joke it was 1.21344 !

EURCHF happened 18 January @ 14:35 ( FXCM chart ) // 16:38 GMT

ON FXCM Raw feed under trade station day high's : 1.21503

Notice again this is supposed the best FXCM price feed they have to offer their famous ACTIVE TRADER GROUP. Then comparing to Tradestation 2 standard price under Metratrader I will let you see how funny the high's: 1.21330


HOW the hell FXCM have such abnormal spikes in it's raw feed?

This is not the first time I come across those anomalies. FXCM is not commenting over the fact they have 2 RAW price feed you can use paying a comission. This raw price feed is supposed ECN like offering best ASK/BID they get but unlike ECN it gets wild. Watch the same action on Dukascopy.

Jason please please don't tell me the bad ticks story I'm feeling sick how many times I got that statement. Instead explain me why FXCM have 2 different RAW price feed?

Quote
FXCM price feed is unreliable & I think seriously because there is no NDD but the algorith that replace the dealing desk is protecting here FXCM from fast moves & widen spread. What happens then you will get WIDE SPREAD with non tradable price while FXCM blow out stops no risk!

I Think NFA have to digg more into this & I'm serious about it. IF you are using FXCM user using raw spread try to report it to NFA & let's see if they will watch it more seriously.

Thanks
13

PS: each time there a fast spike back check your charts & you will be surprised how each time the spread move MAD only on FXCM!

PS2: for those who are happy with FXCM good for you I never said FXCM is bad for payout or back office, please comment only the facts I expose.

PS3: PLEASE PLEASE moderators stop removing FXCM name from the thread name. I renamed the thread to : "IS FXCM raw price feed flawless?" No accusation in the name and neutral!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf spike 19-1-2012.jpg Size: 192 KB
Click to Enlarge Name: eurchf 1min 19-1-2012 standard.jpg Size: 151 KB
Click to Enlarge Name: eurusd bid 1 min19-1-2012.jpg Size: 61 KB
Click to Enlarge Name: eurusd ask 1 min19-1-2012.jpg Size: 69 KB
Click to Enlarge Name: eurchf 1min 19-1-2012 chart atc.jpg Size: 82 KB
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  • #2
  • Jan 18, 2012 10:47am Jan 18, 2012 10:47am
Quoting fx13
Hi,

Watch how this is really funny in last EURCHF spike that was fast (rumor reported a fat finger).

What happned with FXCM first I had 2 raw spread feed that compared the spikes high's on ATC (the price feed is from FXCM !!) just watch the joke it was 1.21344 !

EURCHF happened 18 January @ 14:35 ( FXCM chart ) // 16:38 GMT

ON FXCM Raw feed under trade station day high's : 1.21503

Notice again this is supposed the best FXCM price feed they have to offer their famous ACTIVE TRADER GROUP. Then comparing to Tradestation 2 standard...

PS: the high on MT4 is the highest bid price, and Trading Station shows the highest Ask, so Trading Station will naturally be higher due to the spread. You can also check to see that the high listed on the daily candle (which displays the bid) matches the high price listed in the Marketwatch window. Additionally, you'll notice that none of the highs on Trading Station match up with MT4 for this reason since MT4 high goes off of the bid and Trading Station goes off the Ask.

If you're wondering why EUR/CHF experienced this spike, I would advise consulting with your fellow traders on the EUR/CHF thread as to the possible rumors that are going around. http://www.forexfactory.com/showthre...93#post5306093
  • #3
  • Edited 11:40am Jan 18, 2012 10:53am | Edited 11:40am
Quoting Jason Rogers
PS: the high on MT4 is the highest bid price, and Trading Station shows the highest Ask, so Trading Station will naturally be higher due to the spread. You'll notice that none of the highs on Trading Station match up with MT4 for this reason since MT4 high goes off of the bid and Trading Station goes off the Ask.

If you're wondering why EUR/CHF experienced this spike, I would advise consulting with your fellow traders on the EUR/CHF thread as to the possible rumors that are going around. http://www.forexfactory.com/showthre...93#post5306093...
Hi Jason,

That would be funny IF you can check this chart from pepperstone & compare it to FXCM MT4. Watch how we don't have a spike ( I mean previous candle) . Watch 3 min before the big spike how FXCM MT4 have fun here a shadow spike only on FXCM screens. And to spice up just enjoy dukascopy charts or I should post here MBtrading too? Watch how funny and funky are ask & bids nothing over 1.2132 & no shadow candles spikes! before the spike!


Also you don't made a comment over FXCM have 2 different raw price feed. So you don't deny it?

13
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf pepperstone 1min 18-1-2012.jpg Size: 125 KB
Click to Enlarge Name: eurchf 1min 19-1-2012 standard.jpg Size: 151 KB
Click to Enlarge Name: dukascopy 1 min eurchf.jpg Size: 215 KB
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  • #4
  • Jan 18, 2012 11:01am Jan 18, 2012 11:01am
Im biggest crook of them all! It beats my imagination how they manage to convince all these people opening accounts with them daily!
  • #5
  • Jan 18, 2012 11:03am Jan 18, 2012 11:03am
Hello fx13,

Are you saying one price feed is for TS II and one is for Active Trader?

Thanks for the research you do!
  • #6
  • Jan 18, 2012 11:08am Jan 18, 2012 11:08am
Quoting fx13
Hi Jason,

That would be funny IF you can check this chart from pepperstone & compare it to FXCM MT4. Watch how we don't have a spike. Watch 3 min before the big spike how FXCM MT4 have fun here a shadow spike only on FXCM screens.


Also you don't made a comment over FXCM have 2 different raw price feed. So you don't deny it?

13

13,

Your posts are starting to border on the ridiculous. The same price action can be confirmed on Forex Factory's chart http://www.forexfactory.com/market.php , FX Street charts with multiple other brokers http://www.fxstreet.com/rates-charts/live-charts/, and in countless other MT4 platforms I just checked.

I'm happy to help any trader and have a professional discussion as demonstrated on our own thread, and this is my last post on this thread.
  • #7
  • Jan 18, 2012 11:27am Jan 18, 2012 11:27am
Quoting Jason Rogers
13,

Your posts are starting to border on the ridiculous. The same price action can be confirmed on Forex Factory's chart http://www.forexfactory.com/market.php , FX Street charts with multiple other brokers http://www.fxstreet.com/rates-charts/live-charts/, and in countless other MT4 platforms I just checked.

I'm happy to help any trader and have a professional discussion as demonstrated on our own thread, and this is my last post on this thread.
Hi Jason,

Ok so I'm unprofessional here & you are no longer replying!!

1. Didn't get any reply over the 2 raw feed you had?

2. You quickly dropped my high's lows point but refused to reply back after I posted a chart from dukascopy with clean ASK/BID.... You forget that I sent earlier your own RAW price feed chart with Ask/bid.

I just notice you didn't even deny you had 2 raw price feeds while it asked over that.

Any way previously same issue on EURGBP here on my post & more charts here.

It was the same issue when price move fast FXCM manage to spike up & widen spread in fast moves.


Over forexfactory charts this is an agregated price feed & among the sources we have FXCM! oops my bad.

And If I keep posting other charts from MT4 you will immediatly reply the high's on TS2 were from the ask while chart reply on BID ;-) good trick. But when I got earlier an issue over Eurgbp lows and posted a bunch of MT4 charts using bids no comment over that.

13
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  • #8
  • Last Post: Jan 18, 2012 11:50am Jan 18, 2012 11:50am
Quoting CaymanTrader
Hello fx13,

Are you saying one price feed is for TS II and one is for Active Trader?

Thanks for the research you do!
Hi,

I'm talking about the price feed used in Active trader what they call "RAW Price feed" before markup and they charge their markup price. You can get the active trader price feed under MT4 or even TS 2. This remain different off the "STANDARD" price feed you get if you open a standard account and don't pay a comission on each trade.

This raw price feed is supposed to be the best that FXCM have. But the most funny part is that FXCM have at least 2 RAW best price feeds .

Despite the fact that in fast moves FXCM will widen spread even if the price don't print elsewhere. I've been watching the fast moves on FXCM raw spread on each quick move we get a wide spread or crazy high's low's... spread in this EURCHF move was over 15 pips in the RAW feed!!

Watch earlier over EURGBP lows as only FXCM moved below 0.8248 that day on all brokers I checked they even moved sub 0.8245 on the RAW spread & widened spread over 10 pips to swallow all stops below 0.8250 for no cost as traders ask offered remained above 0.8252 ;-). Pure art!

13
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