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  • #101
  • Nov 19, 2012 9:41am Nov 19, 2012 9:41am
Quoting larko
From what I've been told and seen the pro feed is white labelled by 2 other brokers. Axi was late to the ny party as i was trading elsewhere with their 'sister' broker beforehand.. NY is getting popular and I can see why!
Who is white labeling who? What are the other brokers ?
  • #102
  • Edited 6:30am Nov 20, 2012 4:34am | Edited 6:30am
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting MoreYummy
Who is white labeling who? What are the other brokers ?
Google AxiTrader white labels. There is a few things which appear which caused a big fuss a few months back on forums.. I don't know if one broker still does (and i certainly dont want to be the messenger so dont shoot) as I received an email as a client saying they've launched something new called edge .. But if you liked their old razr accounts the Axi pro account is the same thing. Though you can get bigger rebates ive found.meaning pretty solid spreads..

Everyone seems to be launching 'PRO' accounts now and I've tried a few but settled here and have been happy awhile. Visited their office when i was in town for peace of mind and grabbed a beer with one of them. That's my experience anyway, always do your homework!
  • #103
  • Nov 20, 2012 6:08am Nov 20, 2012 6:08am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting larko
Google AxiTrader white labels. There is a few things which appear which caused a big fuss a few months back on forums.. I don't know if one still does (and i certainly dont want to be the messenger so dont shoot) as I received an email as a client saying they've launched something new called edge .. But if you liked their old razr accounts the Axi pro account is the same thing. Though you can get bigger rebates ive found.meaning pretty solid spreads.. Everyone seems to be launching 'PRO' accounts now and I've tried a few but settled here and have...
Razor and edge are account types of Pepperstone, not Axi
  • #104
  • Edited 6:39am Nov 20, 2012 6:27am | Edited 6:39am
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting onu
Razor and edge are account types of Pepperstone, not Axi
Yes I didn't want to name names Onu. As we say here blind Freddy can work out the rest of the equation. People there on forums have said they've been unhappy with new 'changes' so there other options if people are bothered to look. There's also nothing wrong with that as I've been content with both. Service equally as good so it's preference at the end of day
  • #105
  • Edited 4:08pm Nov 28, 2012 3:52pm | Edited 4:08pm
Quoting larko
Yes I didn't want to name names Onu. As we say here blind Freddy can work out the rest of the equation. People there on forums have said they've been unhappy with new 'changes' so there other options if people are bothered to look. There's also nothing wrong with that as I've been content with both. Service equally as good so it's preference at the end of day
Content with both as well, and my other accounts. i keep them to spread my risk and to keep an eye on shenanigans... Axi a bit higher spreads on average than Peppy. Not much.

But, they pay a bit interest on funds which is nice. RBA rate minus 2% = 1.75%.
Fuck Forex Factory.Wake up people.
  • #106
  • Dec 1, 2012 1:19am Dec 1, 2012 1:19am
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting ramy3
Content with both as well, and my other accounts. i keep them to spread my risk and to keep an eye on shenanigans... Axi a bit higher spreads on average than Peppy. Not much.

But, they pay a bit interest on funds which is nice. RBA rate minus 2% = 1.75%.
They've just removed their 2 pip stop loss level on the pro accounts, tick scalpers performing exceptionally well now if this helps you.. And for a kiwi client like me they've opened a local bank account with Bank of America so you don't need to pay the 25 fee anymore.. Pretty cool they've done it for EUR and GBP and other currencies, saves sending internationally to Sydney. Hope this helps.
  • #107
  • Dec 1, 2012 6:25am Dec 1, 2012 6:25am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting larko
They've just removed their 2 pip stop loss level on the pro accounts, tick scalpers performing exceptionally well now if this helps you.. And for a kiwi client like me they've opened a local bank account with Bank of America so you don't need to pay the 25 fee anymore.. Pretty cool they've done it for EUR and GBP and other currencies, saves sending internationally to Sydney. Hope this helps.
The truth is, since they went to Stop Level 0 they are slipping fast scalpers to death on pro accounts. A nightmare....
  • #108
  • Dec 2, 2012 4:46am Dec 2, 2012 4:46am
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting onu
The truth is, since they went to Stop Level 0 they are slipping fast scalpers to death on pro accounts. A nightmare....
Not sure how long ago you've been trading Onu but myself and others in a trading group (using No.1 and FMT) have had exceptionally better results last week on PRO than 2 other brokers. Each to their own but from speaking with others I am sure a few people can back this up too. They've upped their lot sizes above 50+ after changing a few LP's around (not that I'm near that size..... yet hehe)
  • #109
  • Dec 2, 2012 8:18am Dec 2, 2012 8:18am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting larko
Not sure how long ago you've been trading Onu but myself and others in a trading group (using No.1 and FMT) have had exceptionally better results last week on PRO than 2 other brokers. Each to their own but from speaking with others I am sure a few people can back this up too. They've upped their lot sizes above 50+ after changing a few LP's around (not that I'm near that size..... yet hehe)
What I wrote about Axi isn't guesswork or based on chitchat with others... it got backed up by broker live account performance statistics of NMi (data from October 17 2012 till November 30 2012)
OpenSlip in pts: - 5,27
CloseSlip in pts: - 6,51
41 Axi live accounts made 2442 trades there....

BTW, this bad slippage performance is seen on some other popular brokers as well, i.e. ICM, LMAX or Armada Markets, just to name a few..
  • #110
  • Edited 11:41am Dec 2, 2012 8:39am | Edited 11:41am
I get bad slippage with AXITRADER also. Smells like larko is too close to AXI, probably an IB.
  • #111
  • Dec 2, 2012 10:21am Dec 2, 2012 10:21am
Ah,the perks of having a standard account. Get both negative and positve slippage, they even out... Hope it is not affecting your bottom line to much.
Quoting onu
OpenSlip in pts: - 5,27
CloseSlip in pts: - 6,51
41 Axi live accounts made 2442 trades there....

BTW, this bad slippage performance is seen on some other popular brokers as well, i.e. ICM, LMAX or Armada Markets, just to name a few..
Just curios, are these quotes just for negative slippage or both?
Fuck Forex Factory.Wake up people.
  • #112
  • Dec 2, 2012 10:45am Dec 2, 2012 10:45am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting ramy3
Ah,the perks of having a standard account. Get both negative and positve slippage, they even out... Hope it is not affecting your bottom line to much.

Just curios, are these quotes just for negative slippage or both?
Both.. negative slippage overweights positive slippage by far...

Ofcourse its affecting in a very negative way, imagine your trade is in profit already by TSL and than the suckers close the trade with huge slippage in a deep loss... Why do we trade with SL anyway?
That's not trading anymore, all these "brokers" need a Lottery license
  • #113
  • Edited 4:04pm Dec 2, 2012 3:48pm | Edited 4:04pm
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting johnrambofx
I get bad slippage with AXITRADER also. Smells like larko is too close to AXI, probably an IB.
JohnRamboFX how come you only post about Ctrader and IC markets? 4 posts?
People should be asking you the same about IC? Sorry I'm a bit feisty before market opens

Onu- absolutely agree with you. Can depend on a lot of different factors like lot sizes and VPS setup etc. But usually (unless its a big broker like FXCM) then Aussie brokers have a good reputation for slippage, Pepper, Axi etc all pass their trades through to banks that doesn't mean they're themselves the bad guys though hate to always just 'blame the banks'..
  • #114
  • Dec 2, 2012 7:42pm Dec 2, 2012 7:42pm
Quoting onu
What I wrote about Axi isn't guesswork or based on chitchat with others... it got backed up by broker live account performance statistics of NMi (data from October 17 2012 till November 30 2012)
OpenSlip in pts: - 5,27
CloseSlip in pts: - 6,51
41 Axi live accounts made 2442 trades there....

BTW, this bad slippage performance is seen on some other popular brokers as well, i.e. ICM, LMAX or Armada Markets, just to name a few..
I will backup what larko is saying here. Axitrader have been about the best of the brokers for the last 1-2 weeks slippage wise when using tick scalpers such as No1 and Super Scalper/FMT. The stats you mention are over a 1 1/2 month period and Axitrader did have some issues during that time, but since they have added liquidity and made some changes the last 1-2 weeks have been much better. They did also reimburse clients who received abnormal slippage as a result of liquidity provider/bridge issues. From talking with members of the FMT team, Axitrader results have probably been the best of the brokers over the last 2 weeks.
  • #115
  • Dec 2, 2012 7:47pm Dec 2, 2012 7:47pm
Quoting larko
JohnRamboFX how come you only post about Ctrader and IC markets? 4 posts?
People should be asking you the same about IC? Sorry I'm a bit feisty before market opens

Onu- absolutely agree with you. Can depend on a lot of different factors like lot sizes and VPS setup etc. But usually (unless its a big broker like FXCM) then Aussie brokers have a good reputation for slippage, Pepper, Axi etc all pass their trades through to banks that doesn't mean they're themselves the bad guys though hate to always just 'blame the banks'..
I think you should take a Closer look at my posts. I trade with fxpro and IC Markets. I actually moved away from Axitrader after slippage problems 5.6 pips on one trade !
  • #116
  • Dec 2, 2012 9:26pm Dec 2, 2012 9:26pm
  •  larko
  • | Joined Oct 2010 | Status: 99 problems but a pip aint one | 41 Posts
Quoting johnrambofx
I think you should take a Closer look at my posts. I trade with fxpro and IC Markets. I actually moved away from Axitrader after slippage problems 5.6 pips on one trade !
Fair play, if you were with Axi and got more than 5 pips as Muzza said they reimbursed clients but understandable if you've moved on since then, can understand if it left a bad taste.. Happy trading Rambo..
  • #117
  • Dec 2, 2012 9:59pm Dec 2, 2012 9:59pm
Quoting larko
Fair play, if you were with Axi and got more than 5 pips as Muzza said they reimbursed clients but understandable if you've moved on since then, can understand if it left a bad taste.. Happy trading Rambo..
They certainly did not reimburse me. This is the first that I have heard about any sort of refund.
  • #118
  • Dec 3, 2012 7:00am Dec 3, 2012 7:00am
We just had a run up on e/u from 1.3045 to 1.3072 but as it was in progress, AxiTader froze the price at 1.3061 and held it there until it had traveled up to 1.3072 and all the way back down (on other brokers).

Their platform stopped working (no connection to server) about a minute or so after this move started up, then "as if by magic" it started again when price had dropped back down (on other platforms... FXCM etc)

After it restarted, the charts showed the sike of the price move up, but of course, anyone in a trade would not have been able to close out a profitable position at the top, nor other get in a sell at that top.
In the days of old when sailors were bold, and seldom if ever contented.
  • #119
  • Dec 3, 2012 7:01am Dec 3, 2012 7:01am
Price has started running up again, be interesting to see if they manipulate it again.
In the days of old when sailors were bold, and seldom if ever contented.
  • #120
  • Dec 3, 2012 7:05am Dec 3, 2012 7:05am
I was going to take screen shots after the event, but their charts show price even on lower timeframes as being uninterupted... they obviously are scamming through the dealing desk.

Where the fark do we find an honest broker?
In the days of old when sailors were bold, and seldom if ever contented.
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