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Forex.com - same spreads on different computers?

  • #1
  • First Post: Apr 6, 2015 5:09pm Apr 6, 2015 5:09pm
If I win 6-7 trades in a row from this broker, the spreads on the pairs I'm trading suddenly widen, and the charts start doing strange things. Here's an imaginary scenario for everyone to ponder. Suppose, just suppose that each individual trader is seeing a different set of charts for the currency pairs being transmitted from the broker. Their software is so powerful that it can assemble a different set of charts for each trader, showing that trader charts based on the traders won-lost trading record. In other words, each individual trader is in a uniqus chess game with the brokers' trading desk software.

Think about that for minute.
  • #2
  • Apr 6, 2015 5:43pm Apr 6, 2015 5:43pm
What you just described is why I would rather trade the futures contracts instead of the spot forex market. You can trade the 6E (EURUSD), 6B (GBPUSD, 6J (USDJPY), and others, and you can trade the contracts with regulated brokers who do not take the other side of the trade. I don't trust forex brokers at all... I had 5 or 6 years with a lot of different ones and I didn't have a good experience myself
  • #3
  • Apr 7, 2015 10:47am Apr 7, 2015 10:47am
Forex.com is the best for trading CFDs because there is no swap charge. Every broker widen spreads suddenly so it is no big deal.
  • #4
  • Apr 7, 2015 10:52am Apr 7, 2015 10:52am
Quoting mry2001
Forex.com is the best for trading CFDs because there is no swap charge. Every broker widen spreads suddenly so it is no big deal.
Sorry, would have to disagree with you on that, gain capital has been known to blur the lines for the obvious reasons and the fact that they came out with a canned version of "Eight ball" also called nostradamus resulted in many a newbie doing broke..but apart from this, the spreads are not much to write to home about and more imp, the CS sucks and ask a straight question and wait to hear the reply - always worth a good laugh or two..
  • #5
  • Apr 7, 2015 12:09pm Apr 7, 2015 12:09pm
Quoting Forexnuts
{quote} Sorry, would have to disagree with you on that, gain capital has been known to blur the lines for the obvious reasons and the fact that they came out with a canned version of "Eight ball" also called nostradamus resulted in many a newbie doing broke..but apart from this, the spreads are not much to write to home about and more imp, the CS sucks and ask a straight question and wait to hear the reply - always worth a good laugh or two..
I have been with them for 2 years and it is not like what you said. Chatting gets slow response but my questions is always answered. The problem with US brokers is margin requirement being too high and market maker model so the spread is high.
  • #6
  • Apr 8, 2015 2:33am Apr 8, 2015 2:33am
Quoting mry2001
{quote} I have been with them for 2 years and it is not like what you said. Chatting gets slow response but my questions is always answered. The problem with US brokers is margin requirement being too high and market maker model so the spread is high.

rubbish look at this and tell me no lies http://www.forexfactory.com/showthread.php?t=509987
people leave, but this thread will go on for ever
  • #7
  • Last Post: Apr 13, 2015 11:52am Apr 13, 2015 11:52am
Quoting mry2001
{quote} I have been with them for 2 years and it is not like what you said. Chatting gets slow response but my questions is always answered. The problem with US brokers is margin requirement being too high and market maker model so the spread is high.
Sorry but would have to strongly disagree with you on this one and the spread they offer is a joke in the Fx trading world. And the nostradamus thingamuggy they put out is for real as well..not that it does any newbie any good..that's gain capital for you, all the way and the lousy CS is just the icing on the cake.
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