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FxPro - cTrader

  • #1
  • First Post: Jun 24, 2013 6:49am Jun 24, 2013 6:49am
I've been using
Pepperstone
Armadamarkets

since sometime with metatrader 4,

Recently I've made some good return in small time frame (7 days: armadamarkets 100% to 2500%)
Unfortunately I've noticed that armadamarkets people have been stalking me... (CFA/CFO of armadamarkets has checked my professional Linkedin profile)

That has created some trust issues...


(Armadamarkets - london servers, good execution time // Pepperstone - reliable, us servers - terrible customer support)

I've left both pepperstone / armadamarkets

______

Question:

Would you suggest cTrader from FxPro? I don't want to use metatrader anymore, execution times of cTrader seems perfect.

Or could you suggest any other reliable EU brokers?

what I'm looking for:
EU servers
perfect execution times
deposit approx.: 1000$-5000$
req lev: 1:400
USD/EUR: spread 0.3-0.5
EUR/JPY: spread 0.5-2.0
  • #2
  • Jun 24, 2013 7:00am Jun 24, 2013 7:00am
Does Axitrader have EU servers?
  • #3
  • Jun 24, 2013 7:36am Jun 24, 2013 7:36am
Try IC Market cTrader.

I plan to move to IC markets cTader next month
Forex is a - High Profit, Controllable Risk - Business
  • #4
  • Jun 24, 2013 8:49am Jun 24, 2013 8:49am
Quoting openyoureyes
Does Axitrader have EU servers?

No, they have NY servers, IC Markets do as well
  • #5
  • Jun 24, 2013 9:42am Jun 24, 2013 9:42am
hmm

than I'll probably stick with FxPro..

reliable isn't it ?

(my NY ping is 200ms/300ms, which makes execution very poor near news hour)
  • #6
  • Jun 24, 2013 10:59am Jun 24, 2013 10:59am
what about FinFX?
  • #7
  • Jun 24, 2013 5:47pm Jun 24, 2013 5:47pm
ICMarkets have both New york and London servers.
  • #8
  • Jun 25, 2013 3:30am Jun 25, 2013 3:30am
Quoting openyoureyes
I've been using Pepperstone Armadamarkets since sometime with metatrader 4, Recently I've made some good return in small time frame (7 days: armadamarkets 100% to 2500%) Unfortunately I've noticed that armadamarkets people have been stalking me... (CFA/CFO of armadamarkets has checked my professional Linkedin profile) That has created some trust issues... (Armadamarkets - london servers, good execution time // Pepperstone - reliable, us servers - terrible customer support) I've left both pepperstone / armadamarkets ______ Question: Would you suggest cTrader from FxPro? I don't want to use metatrader anymore, execution times of cTrader seems perfect. Or could you suggest any other reliable EU brokers? what I'm looking for: EU servers perfect execution times deposit approx.: 1000$-5000$ req lev: 1:400 USD/EUR: spread 0.3-0.5 EUR/JPY: spread 0.5-2.0
Go for it, I still use Metascrotes4 now and again but much prefer cTrader, everything is faster and more fluid, plus it's ECN.
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  • #9
  • Jun 25, 2013 10:20am Jun 25, 2013 10:20am
Quoting GDR3k
{quote} Go for it, I still use Metascrotes4 now and again but much prefer cTrader, everything is faster and more fluid, plus it's ECN. {image}
Thanks,
I started using cTrader,
seems & feels much more reliable than metatrader 4.

Btw:
try using tradeinterceptor.com / Timeframe: Ticks (100)
I'm sure you could benefit from tick charts in small time frames
  • #10
  • Jun 25, 2013 11:07am Jun 25, 2013 11:07am
I C Markets C-Trader servers are in London.
  • #11
  • Jun 25, 2013 10:42pm Jun 25, 2013 10:42pm
hm

ICMarkets offering good spreads for EUR/USD
but EUR/JPY spread is higher than Fxpro,
and they are offering less instruments...

anyway I think I'll go with ICMarkets,
as FXPro has some bad reputation.

hope I'm not wrong on this.

please warn me if you think ICMarkets will make me mental...
  • #12
  • Jun 25, 2013 10:48pm Jun 25, 2013 10:48pm
Can someone assist me here?

ICMarkets vs FxPro
cTrader.

2 charts,
EUR/JPY 15 min both,

1st one is FXPRO
2nd one is ICMarkets

FXPRO has a GAP
ICMarkets doesn't have a GAP...

Both shold provide the same price?
Am I wrong?
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  • #13
  • Jun 26, 2013 4:10am Jun 26, 2013 4:10am
which of the two charts is the real quotation?
  • #14
  • Jun 26, 2013 4:37am Jun 26, 2013 4:37am
thank you for the reply,
I didn't say FxPro were scammers, but certainly for me ICMarkets charts seem more reliable after observing both for some time...

I'm going to deposit ICM soon, would you request an IB?
I'm new to this IB concept, does this bring disadvantages to any experience before / after deposit?
Where can I see review / rating / offer of IBs? (don't know any yet)
  • #15
  • Jun 26, 2013 4:51am Jun 26, 2013 4:51am
hey,
I've checked your profile:
PrimeXM = Armada Markets

how would you rate Armada / ICM / FxPro?
(I've been using armada for some time now, very satisfied with the service but not the management / bonus for top performers always seemed quirky too)

I have limited capilization so, it is very crucial that I have minimal hickups / disturbances...

=)
  • #16
  • Jun 26, 2013 5:06am Jun 26, 2013 5:06am
I find cTrader more reliable than metatrader 4 in general,
but I think scalping is harder in cTrader...

I normally swing trade / news trade / scalp more liquid pairs : GBP/USD - x/JPY etc.
in 15 min - 100 tick charts.

I lost an account to armada due to news hour margins.
My margin went from %200 to %80,
maybe it showed false data due to changing spreads during news release,
but still it made me lose about $22k. (I had heavy positions on XAU/USD, XAG/USD and I think their metal margin requirements took the account down)
  • #17
  • Jun 26, 2013 6:32am Jun 26, 2013 6:32am
I've used FXPro for a while, they are good and the cTrader platform hasn't let me down yet. Execution is instant spreads are really good, even when you include the commission it's a lot cheaper than many other "real" brokers. Obviously you have the bucket shops who are a lot cheaper, but compared to Citi, Saxo etc, FXPro is a good option. Just my oppinion anyway
  • #18
  • Jun 26, 2013 8:13am Jun 26, 2013 8:13am
Because of that gap, I'm depositing ICMarkets now.

Seen some other quirks at FXpro graphs,
either my connection or their servers go crazy during more liquid times...
  • #19
  • Jun 26, 2013 8:17am Jun 26, 2013 8:17am
slightly different graphs,
because of different LPs I guess.

EURJPY - 15min
The one with 10k long orders is IC Markets (blind bet, just testing don't copy)
other one is FXPro

edit: reupload, I uploaded old images by mistake
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  • #20
  • Jun 26, 2013 8:26am Jun 26, 2013 8:26am
When I compare 2 charts,
I notice that the times slightly differ about 10 min in both.

I guess it is due to server configuration differences.

XAU USD / 15 min

1st one is IC Markets
2nd one is FX Pro
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