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GFT Forex Discussion

  • #361
  • Dec 11, 2011 8:19am Dec 11, 2011 8:19am
Quoting slovforex
Does anyone know how to write a custom indicator or EA for DealBook 360???
Go to http://www.ctlforum.com/ and see if anyone there can help you.

http://www.ctlforum.com/viewtopic.php?id=10
  • #362
  • Dec 11, 2011 9:20pm Dec 11, 2011 9:20pm
Quoting bstay2
Go to http://www.ctlforum.com/ and see if anyone there can help you.

http://www.ctlforum.com/viewtopic.php?id=10
wow! Many thanks, bstay2!!!!
  • #363
  • Jan 7, 2012 6:48pm Jan 7, 2012 6:48pm
Has anyone trial the MT4 from GFT Australia? Or even open account?

Any comments?

Don't see any difference with my GO Markets!

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It takes a lot for me to IGNORE you, but you can try.
  • #364
  • Jan 7, 2012 10:14pm Jan 7, 2012 10:14pm
I think GFT Aus run by GFT US rules.
Good Trading
  • #365
  • Jan 7, 2012 11:17pm Jan 7, 2012 11:17pm
Quoting Erebus
Has anyone trial the MT4 from GFT Australia? Or even open account?
Any comments?
Don't see any difference with my GO Markets!
I didn't like the frequent "requotes" and "delays" in execution at intraday highs and lows, the GFT dealer wasn't nice. So I moved my GFT account to DFMarkets now. Just me of course.

Compare the spread differences pictures again between GFT MT4 and GoMarkets MT4 when prices are testing intraday Highs or Lows. See the differences.
  • #366
  • Feb 20, 2012 8:23pm Feb 20, 2012 8:23pm
bstay2, did you really swap GFTUK with DF? Curious to know as I just opened an account with GFTUK and got scared from the total negativity poured over them at the FPA site. So many negative reviews and not a single case - quite strange...
  • #367
  • Feb 20, 2012 10:23pm Feb 20, 2012 10:23pm
Quoting freelancer
bstay2, did you really swap GFTUK with DF? Curious to know as I just opened an account with GFTUK and got scared from the total negativity poured over them at the FPA site. So many negative reviews and not a single case - quite strange...
Yeah, that's weird. But from personal experience, GFTUK is a good one!
  • #368
  • Edited Feb 21, 2012 12:17am Feb 20, 2012 11:35pm | Edited Feb 21, 2012 12:17am
Quoting freelancer
bstay2, did you really swap GFTUK with DF? Curious to know as I just opened an account with GFTUK and got scared from the total negativity poured over them at the FPA site. So many negative reviews and not a single case - quite strange...
I wouldn't believe too much about what people posted at FPA, that is a place for mindless nonsense complaints. I speak from own experience using GFT, where couple of times I entered at a good price near intraday top or bottom, and the dealer would either delay the execution or re-quote me. I have other broker platforms opened at same time so I knew it wasn't my internet connection problem. I often trade intraday reversals so I don't like GFT playing tricks on me at HOD and LOD when my other broker filled me correctly.

But it's not a bad idea to trade with at least two brokers. To get around FIFO rules for U.S. traders, you might want to enter orders on same currency pair e.g. EUR/USD at two brokers just to capture both the up and down swings. Think of brokers like choosing a car, you don't spend so much time worrying about the "perfect" model or brand (Toyota, Ford, Hyundai, Nissan, etc) because after some time you can always change cars as your needs changed. Any car will do for the time being. Stick with GFT UK for a while since you already opened the account. If you encountered problems, do call GFT support since they earn your commissions or spread and are obligated to fix your issues. Don't just post at FPA joining the complaints when your GFT phone line is there waiting to assist you, and they should since you are their client. FPA won't help you.
  • #369
  • Mar 8, 2012 8:43pm Mar 8, 2012 8:43pm
Quoting zam4ever
After trading with GFT UK by using live account, something that I missed to check while learning their trading platform by using demo account, which is FIFO rule. At first I thought, FIFO rule that applies to any US-based + NFA-regulated brokers is not applicable for GFT UK, but I'm wrong here. Haha.

FIFO rule is applies to all GFT clients regardless if I'm using either GFT UK, Australia or Singapore.

So, for those who want to avoid FIFO rule, personally, GFT UK / AU / SG are not suitable for this group, unless GFT starts to remove FIFO...
I think if you wanna hedge and do not wanna to be offset you'd need to trade fx and CFDs. I mean that if you want to open long position and then short position on eur/usd, you'd better do it by trading eur/usd.fx and eur/usd.cfd as these are different instruments. In this case you omit FIFO rules


what I can not understand is why GFT UK has 3 pip spread on aud/usd every Thursday till 9 am London time? Why only Thursday (from opening till 9 am)? After 9 am aussie spread becomes normal (<=2 pips)
  • #370
  • Mar 9, 2012 6:04am Mar 9, 2012 6:04am
Quoting slovforex
I think if you wanna hedge and do not wanna to be offset you'd need to trade fx and CFDs. I mean that if you want to open long position and then short position on eur/usd, you'd better do it by trading eur/usd.fx and eur/usd.cfd as these are different instruments. In this case you omit FIFO rules


what I can not understand is why GFT UK has 3 pip spread on aud/usd every Thursday till 9 am London time? Why only Thursday (from opening till 9 am)? After 9 am aussie spread becomes normal (<=2 pips)

I just migrated to another FSA-regulated brokers. Thanks for above feedback.

Have a nice weekend and cheers
  • #371
  • Mar 9, 2012 6:23am Mar 9, 2012 6:23am
Quoting zam4ever
I just migrated to another FSA-regulated brokers. Thanks for above feedback.

Have a nice weekend and cheers
thanks you too

could you please tell me... what is your new FSA-regulated broker?
  • #372
  • Mar 10, 2012 12:59am Mar 10, 2012 12:59am
Quoting slovforex
thanks you too

could you please tell me... what is your new FSA-regulated broker?
At this moment, FXCM and FXPRO.

cheers
  • #373
  • Mar 10, 2012 3:55am Mar 10, 2012 3:55am
Hi, there, could anyone told me which corporation I could selected for using? Many thanks.
  • #374
  • Mar 10, 2012 6:43am Mar 10, 2012 6:43am
Quoting brokeralex
Hi, there, could anyone told me which corporation I could selected for using? Many thanks.
Give DFMarkets UK a try, here's the link.
  • #375
  • Mar 10, 2012 11:03am Mar 10, 2012 11:03am
Was this all on MT4? That is likely the reason. Did you ever trade on thier proprietary software? Dealbook 360 and have the same problems? ie: requotes?

I always have a need for a good market maker for certain trades.

BTW:

Every Forex broker has negative reviews. Usually from disgruntled inexperienced traders that look at FX as a casino.
Some are also fake written by signal services.

The entire site fx peace armyy is a fraud as well. Look into the owner / starter of the site's real name and you will find the dirt.

I wonder if people were trading FX futures regulated by the CME they would still complain. Likely.

Quoting bstay2
I didn't like the frequent "requotes" and "delays" in execution at intraday highs and lows, the GFT dealer wasn't nice. So I moved my GFT account to DFMarkets now. Just me of course.

Compare the spread differences pictures again between GFT MT4 and GoMarkets MT4 when prices are testing intraday Highs or Lows. See the differences.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #376
  • Mar 10, 2012 11:14am Mar 10, 2012 11:14am
Can someone who is a bit experienced in trading please tell me of their RECENT experiences with GFT and DB360 preferably in the US> but not necessary.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #377
  • Mar 11, 2012 11:02pm Mar 11, 2012 11:02pm
Quoting XTrade
Can someone who is a bit experienced in trading please tell me of their RECENT experiences with GFT and DB360 preferably in the US> but not necessary.
I have trading account with GFTUK. Good fills, no slippages yet.
I would recommend this broker for traders with $10 000 and higher in their pocket.))
  • #378
  • Mar 22, 2012 11:24am Mar 22, 2012 11:24am
p/s: if they remove FIFO @ GFT UK, I'll move ALL my funds and re-migrate to GFT UK. By the way, what is the maximum insured value? From their statement, does it mean no limit?

Quote
Dear valued GFT customer,

Trusting any company you work with is important. When you deposit your money with GFT, we recognize a significant responsibility, and we treat it as such.

We want to reassure you that GFT is financially stable, secure and trustworthy. As a privately-owned company, we are not reliant on the financing of outside investors or influences of third-party companies to maintain our independent financial stability.

Most importantly, we are absolutely committed to the highest standards of ethics, integrity and service to our customers. We are licensed and regularly audited in all of the four continents we operate in, to ensure our practices meet or exceed the standards set forth by the industry.


In line with the FSA's client money rules, GFT Global Markets UK Ltd holds all funds received from retail customers in segregated bank accounts. In the UK, these accounts are held with Barclays Bank and JP Morgan and are checked daily to ensure compliance with the rules.

This means that your money can NEVER be used by us, under any circumstances.

If you have any questions or concerns about your account with GFT, please email our Customer Services team, or call them on 0800 358 0864.

We thank you for choosing GFT to service your online trading needs and look forward to serving you for
many years to come.

Sincerely,
Gary L. Tilkin
President & CEO, GFT
  • #379
  • Mar 22, 2012 11:31am Mar 22, 2012 11:31am
Quoting slovforex
what I can not understand is why GFT UK has 3 pip spread on aud/usd every Thursday till 9 am London time? Why only Thursday (from opening till 9 am)? After 9 am aussie spread becomes normal (<=2 pips)
Do you get the answer?

cheers
  • #380
  • Mar 25, 2012 10:46pm Mar 25, 2012 10:46pm
Quoting zam4ever
Do you get the answer?

cheers
No, it is still a mystery for me)))
Do you have any idea?
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