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Broker's Connections down...

  • #1
  • First Post: Aug 13, 2006 8:58pm Aug 13, 2006 8:58pm
Hi,

Woke up early today at 4:30am in our time or that's 16:30 EST. Just to be able to start the my trading week at 17:00 EST.. but 17:00 EST pass by,still no movement..patiently waited till 19:00 EST knowing its Japanese Market opening.Surely they would open now..but still nothing..until now its 22:00 EST and fxcm is still down..that's the longest I've ever seen them down..maybe they have gone bankrupt or what :
  • #2
  • Aug 13, 2006 9:02pm Aug 13, 2006 9:02pm
there is no excuse for a platform to be down... to that extant.. must be doing something to square away orders or positions.
Price is the only indicator.
  • #3
  • Edited 9:27pm Aug 13, 2006 9:09pm | Edited 9:27pm
yah,, that's what i suspect..massive manipulation so clients who have open positions over the weekend can't do much anything with their open trades (assuming they can't get through calling the dealing desk).. glad that i don't keep my trades longer..

its only just now..around 22:19 EST that the quotes are moving with the forex market
  • #4
  • Aug 13, 2006 9:28pm Aug 13, 2006 9:28pm
Hmmm.... maybe a vast conspiracy. Recently VT down.. Oanda down.. and now FXCM. For the last two this is very rare.

Lou
  • #5
  • Aug 13, 2006 9:30pm Aug 13, 2006 9:30pm
maybe they dont like it when retail customers are postioned in winning positions against their dealing desks.
Price is the only indicator.
  • #6
  • Aug 13, 2006 9:41pm Aug 13, 2006 9:41pm
to put it bluntly.. the longer a platform is down, the more positions that get sent to the dealing desk for liquidation since most accounts are undercapitalized. The dealing desk gets a windfall on the spread.
Price is the only indicator.
  • #7
  • Aug 13, 2006 10:16pm Aug 13, 2006 10:16pm
Quote
VTrader down
VTrader has been down all weekend upgrading the servers and software with emphasis on reliabilty and connections (more to come later). So far it looks good - it's about time. VT is the best strategy tester available.
  • #8
  • Aug 13, 2006 10:21pm Aug 13, 2006 10:21pm
I'be lost my connection to Strategy Builder FX demo acct.
  • #9
  • Aug 13, 2006 10:44pm Aug 13, 2006 10:44pm
Quoting Lou
Hmmm.... maybe a vast conspiracy. Recently VT down.. Oanda down.. and now FXCM. For the last two this is very rare.

Lou
I have had my oanda platform open 24/6 without any problems for the last month with zero outage. The game platform is a mess, but the live is flawless...
  • #10
  • Aug 13, 2006 10:47pm Aug 13, 2006 10:47pm
I agree, I had one very brief issue with my fxtrade (oanda's real account system) but I think it was just my computer lagging because a restart took care of it. Oanda knows its reputation is on the line and its not going to sacrifice it, they make more money when they have new cash coming in from new customers.
  • #11
  • Aug 13, 2006 10:52pm Aug 13, 2006 10:52pm
I was informed that some terrorist who ploted the UK attack were pissed with FXCM. In retaliation, they sabotaged some of FXCM's servers.

see related story:
http://www.forexfactory.com/forexfor...?t=6971&page=2
  • #12
  • Aug 13, 2006 10:58pm Aug 13, 2006 10:58pm
Quoting njfx
I'be lost my connection to Strategy Builder FX demo acct.

NJFX is your stratagyfx still down ??? I cant get my charts to refresh as well
does anyone else have the same problem?????
  • #13
  • Edited 11:47pm Aug 13, 2006 11:45pm | Edited 11:47pm
Quoting vinn234
NJFX is your stratagyfx still down ??? I cant get my charts to refresh as well
does anyone else have the same problem?????
I'm down too. Maybe that post earlier is right - conspiracy!!!! :-)
  • #14
  • Aug 14, 2006 2:07am Aug 14, 2006 2:07am
Quoting Tekuma
I'm down too. Maybe that post earlier is right - conspiracy!!!! :-)
I went on the strategy builder site some talk about the browser being down,
i am currently using interbank fx charts they will have to do for now. As far as conspiracy i don't know !!!!!!! I am currently auditing a AUD trade that FXCM screw up when there platform went down last night

Happy trading , V
  • #15
  • Aug 14, 2006 3:27am Aug 14, 2006 3:27am
We call them the four letter word that starts with "F". I had a position open, and was up 83 pips, and by the time they fixed the problem, position was down to 35 pips. Nice huh? Furthermore, can someone please explain why the tradestation posts price changes in seconds when the price moves against you, but takes 20 seconds to post prices that are in favor of your position? I've been 10-15 pips in profit and had it take so long to show anything on the tradestation, that sniping was impossible, but the second its coming back at you, the thing correlates perfectly!? P.S. Feed is the same as chart feed.
I'm fed up, time to change. It happens too frequently to be considered more than a coincidence...
  • #16
  • Aug 14, 2006 3:42am Aug 14, 2006 3:42am
MB's Demo went down as well. I don't know about their actual trading platform. Didn't have a problem with FXTrade with Oanda though.
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #17
  • Aug 14, 2006 3:47am Aug 14, 2006 3:47am
I no longer rely on FXCM price during volatile market and uses NF (or other broker) instead.

Indeed the price will freeze if its moving in your favor and very fast if against your position. In one instance (last friday), GBPUSD frooze at 1.8940s when it was clearly down to 1.8900~1.8890 over at NF. If I dont have NF I may perhaps paniced and close it. But Seeing that that price had gone down very well, I was confident FXCM cant screw me that day.
  • #18
  • Aug 14, 2006 4:08am Aug 14, 2006 4:08am
Well, they can keep it up with their antics and soon enough, everyone will know how they work. That will be good for business...
  • #19
  • Aug 14, 2006 4:16am Aug 14, 2006 4:16am
Quoting BlewOutMyAccount
Hi,

Woke up early today at 4:30am in our time or that's 16:30 EST. Just to be able to start the my trading week at 17:00 EST.. but 17:00 EST pass by,still no movement..patiently waited till 19:00 EST knowing its Japanese Market opening.Surely they would open now..but still nothing..until now its 22:00 EST and fxcm is still down..that's the longest I've ever seen them down..maybe they have gone bankrupt or what :
Call me nutty, but I think there's a major connection issue with the east coast this evening. Half of my web-browsing has gone to hell, but if I play games on a west coast server, it's smooth and fine. Regardless, this blows chunks and I hope UUNet or whoever the offender gets slapped around like they deserve.
  • #20
  • Aug 14, 2006 4:22am Aug 14, 2006 4:22am
Yes I think you are right, because my SBFX is also down, but my connection with MGForex is up...

Also, I checked my satellite connection and it is up.


Quoting Hollis
Call me nutty, but I think there's a major connection issue with the east coast this evening. Half of my web-browsing has gone to hell, but if I play games on a west coast server, it's smooth and fine. Regardless, this blows chunks and I hope UUNet or whoever the offender gets slapped around like they deserve.
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