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  • #981
  • Sep 6, 2015 6:53am Sep 6, 2015 6:53am
Just to respond to neopat on the connection status.

A green/red(actually deep red which looks like brown) means it is a direct connection to the trading server.

Companies with multiple branches like FxOpen/Admiral markets (or Fxpro/FXcm etc) where they have .au and .uk and .com companies, these companies do not use their own individual servers. They will have one "trading server" serving all the locations and this also means that you do not connect directly since your account is held locally("account server"). Hence a green/green. The bottom green shows the secondary local connection.

No point asking ICM support staff since they do not have another company other than Australia, they won't be able to answer you.
Those broker that do have multiple companies, the support staff will always say it has to be green/green since they may have joined when the broker already has multiple companies and has not seen green/red !
  • #982
  • Sep 6, 2015 8:26pm Sep 6, 2015 8:26pm
Quoting ahmerkhan
{quote} Thanks for your concerns and feedback. Andrew Budzinski the CEO of IC Markets is a well renowned person in this field. I believe he is fully devoted to provide best quality services to clients all over the world. You can also see him talking in this Interview http://www.dailymotion.com/video/x20...copy-tv_people
Ha! Ahmer is still defending icm after what he "read" what they do to IBs of ICM. I mean how desperate can you be Ahmer?
  • #983
  • Sep 6, 2015 11:14pm Sep 6, 2015 11:14pm
Quoting weebaby
{quote} Ha! Ahmer is still defending icm after what he "read" what they do to IBs of ICM. I mean how desperate can you be Ahmer?
what they do with IBS?
Reliable/Stable/Profitable/Signals.
  • #984
  • Sep 7, 2015 3:18pm Sep 7, 2015 3:18pm
Quoting weebaby
{quote} Ha! Ahmer is still defending icm after what he "read" what they do to IBs of ICM. I mean how desperate can you be Ahmer?
We have been working as an IB with IC Markets since last two years and our experience with IC Markets is quite satisfactory. To be honest we found them trustworthy and reliable FX brokers.
Real Time Discounts for IC Markets. Partner ID = 1695
  • #985
  • Sep 13, 2015 2:43am Sep 13, 2015 2:43am
i love ctrader. and i want to open an account with icmarkets because they are kind of the only reputable one among ctrader partners. but reading through all this posts puts me in doubt considering i spend a lot of time on M1 and M5 charts as i scalp a lot. IC market customers, i ask you, what is your final say in this?! should i go forward with them or should i look elsewhere?! thanks.
  • #986
  • Sep 13, 2015 4:07am Sep 13, 2015 4:07am
I tried to connect to them today from my linux box, proxy server login popped up, apparantly they are running through proxy's, this has not happend with any other broker through linux I have tested out. this would explain the disconnects I have been reading about, for those that do not know what proxy servers are, they are servers located all over the world, for example, if you are located in india and you have poor internet cababilities, and you want to serve people in Europe, then you can use a proxy in Europe, so that your clients get a better connection and internet speed than if they would connect to you directly. but the thing is, the data must go through several data accsess points before it reach you or them. their main server could be in hong kong for all I know, and they route it out through proxy servers. if you live in Asia or very close to their main server this probably would not be a problem for you, but if you live in Europe it might, since the data must travel through a proxy this will cause some delay in execution, it is simular to a bottles neck, I will further investigate their setup with tracing the data packages to see where their main server is located. if the proxy is annonymous, this will be a huge red flag. this means, it cannot be traced, any broker using such proxy would have a reason to hide their true ip adress and location. but if it's not, I should be able to get most information.
Bulls are stupid Animals!especially when Im short!
  • #987
  • Sep 13, 2015 5:45am Sep 13, 2015 5:45am
Quoting roughtrader
I tried to connect to them today from my linux box, proxy server login popped up, apparantly they are running through proxy's, this has not happend with any other broker through linux I have tested out. this would explain the disconnects I have been reading about, for those that do not know what proxy servers are, they are servers located all over the world, for example, if you are located in india and you have poor internet cababilities, and you want to serve people in Europe, then you can use a proxy in Europe, so that your clients get a better...
There is no reason to post baseless points if you have no understanding of their network services and how they operate.
Real Time Discounts for IC Markets. Partner ID = 1695
  • #988
  • Sep 13, 2015 5:54am Sep 13, 2015 5:54am
Quoting ahmerkhan
{quote} There is no reason to post baseless points if you have no understanding of their network services and how they operate.
My dear friend, I have substantial knowledge about how Networks operates, I have previously been working as a network techie for 6 years. and I have over 30 years of IT experience I assure you I will find out every single bit of IC Markets server layout, wheter you like it or not.
Bulls are stupid Animals!especially when Im short!
  • #989
  • Sep 13, 2015 6:36am Sep 13, 2015 6:36am
Quoting ConfluenceFX
{quote} Please care to show pics with those strange gaps.
I don't know what to think about it, but these are strange gaps on mt4.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 64 KB
Click to Enlarge Name: GBPJPY m1 Ctrader.png Size: 49 KB
  • #990
  • Sep 13, 2015 11:28am Sep 13, 2015 11:28am
Quoting kwonkicker
i love ctrader. and i want to open an account with icmarkets because they are kind of the only reputable one among ctrader partners. but reading through all this posts puts me in doubt considering i spend a lot of time on M1 and M5 charts as i scalp a lot. IC market customers, i ask you, what is your final say in this?! should i go forward with them or should i look elsewhere?! thanks.
I have been with IG Index, Alpari ,Peperstone, AXI trader , City Index ... to name the ones I remember but I don't know anyone better than IC Markets .Use the True ECN account and you wont be disappointed , believe me
  • #991
  • Sep 13, 2015 1:15pm Sep 13, 2015 1:15pm
Quoting roughtrader
{quote} My dear friend, I have substantial knowledge about how Networks operates, I have previously been working as a network techie for 6 years. and I have over 30 years of IT experience I assure you I will find out every single bit of IC Markets server layout, wheter you like it or not.
First of all this is not a right place to to pose yourself as a "script kiddie".
Thank God! i did not question your trading skills instead.
Real Time Discounts for IC Markets. Partner ID = 1695
  • #992
  • Sep 13, 2015 1:26pm Sep 13, 2015 1:26pm
Quoting GU-Night
{quote} I don't know what to think about it, but these are strange gaps on mt4. {image} {image}

Did you talk with ICM Support about this? I did not see any gap on my charts.

IC Markets MT4 ECN Live Account.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.PNG Size: 46 KB
Real Time Discounts for IC Markets. Partner ID = 1695
  • #993
  • Sep 13, 2015 5:25pm Sep 13, 2015 5:25pm
Quoting ahmerkhan
{quote} Did you talk with ICM Support about this? I did not see any gap on my charts. IC Markets MT4 ECN Live Account. {image}
No, I didn't. I don't use MT4 but Ctrader. The MT4 screenshot is a demo account by the way. That said, never had any issues with IC Markets. Seems a reliable broker to me after 1.5 year.
  • #994
  • Sep 13, 2015 11:02pm Sep 13, 2015 11:02pm
Quoting GU-Night
{quote} No, I didn't. I don't use MT4 but Ctrader. The MT4 screenshot is a demo account by the way. That said, never had any issues with IC Markets. Seems a reliable broker to me after 1.5 year.
I think your use of demo is the cause. Believe price feeds for demo accounts are different nor get priority. It's probably better to use an unfunded live account on MT4. ICMarkets allow this and won't charge inactivity fees. Another reason that makes them great.
  • #995
  • Sep 14, 2015 1:06am Sep 14, 2015 1:06am
Quoting tafadzwa02
{quote} I have been with IG Index, Alpari ,Peperstone, AXI trader , City Index ... to name the ones I remember but I don't know anyone better than IC Markets .Use the True ECN account and you wont be disappointed , believe me
im sure its great. im worried about live account delays, lags, slippages ect. scalping is very different from normal day trading. are you scalping too?!
  • #996
  • Edited Oct 1, 2015 3:43am Sep 30, 2015 6:23am | Edited Oct 1, 2015 3:43am
You know something? Every broker review on pretty much every well trafficked board is pretty pointless now because it's impossible to sort the wheat from the chaff.

Take this thread as a good example.

You've got people saying this broker is good,you've got people saying it's bad, so who to believe?

Sure, some of the positive posts are honest, some of them perhaps are not. How to tell the difference?

You can't which is my point. I've just read all the posts and I was no better informed than when I started. So the only way now to check out a broker is to open an account and do the review yourself (or take on board the comments from a trusted friend or someone who's got a good online reputation).

And it's not just this broker, there will be similar threads about all brokers. Take my present broker as a good example, IB. I like them, and am not planning to move, others though disagree, saying they're awful at best and no doubt crooks at worst. Who to believe?

The internet is a great invention, but it's now mature and whereas reviews were in the past a pretty good guideline, now they're all but useless.

-------------------------------------------------------------------------------------------------------------------------

PS. One type of review I do like because they always make me laugh are from people complaining they got slipped 30+ ticks over some major figure and telling us all the broker is running a scam having 'stolen' $25 off them, you don't say! Clue, the reason you got 30 ticks slippage was because of the big figure, that's what happens so what do you really expect, no slippage when the market shoots up 60 ticks in a micro second?
Road To Wisdom? To err and err and err again, but less and less and less...
  • #997
  • Sep 30, 2015 3:06pm Sep 30, 2015 3:06pm
Quoting Calculus
You know something? Every broker review on pretty much every well trafficked board is pretty pointless now because it's impossible to sort the wheat from the chaff. Take this thread as a good example. You've got people saying this broker is good,you've got people saying it's bad, so who to believe? Sure, some of the positive posts are honest, some of them perhaps are not. How to tell the difference? You can't which is my point. I've just read all the posts and I was no better informed than when I started. So the only way now to check out a broker...
I agree some of the threads are entertaining. It's a pain in the rear end but it is a step everyone should go through. My first step is to google the broker with review (IC Reviews). I don't bother reading Introducing brokers reviews, useless and a waste of time unless they have an active forum for the particular. broker.

Next I check out the major forums to see if the broker has an active company rep or a thread that's dedicated to their company. The way I grade this is that if there is a large percentage who say good things about them as opposed to a large percentage saying they[re no good that might be worth considering.

If I'm still considering a broker after that the next step is emails to support. My first question (in my case) is to ask if they let Canadian citizens open accounts. I'm looking for how long they get back to me if they do, how complete is their answer and do they include any other helpful information with regarding my trading. For me another questions are, how long have they been in business, are they regulated. Are they ECN, STP, MM. Again in may case I'm looking for an ECN or Revenue neutral broker that has been in business for at least 4 years and regulated. I have a questionnaire I send. Take the time to make one that suits your needs.

If after the above if I want to check them out, I get on their mailing list, follow them on utube if they have a channel and open a demo account. The time I'm demoing I ask support any questions I have again looking for how long and who detailed the answers are. After that I open a small live account to make sure everything is the way it's suppose to be; if it is I open a live account.

After that I monitor them to watch for any changes that will effect my trading with them. There are a lot of brokers out there. So it's good business to take your time before you sign. Hope that helps
Gp
Nobody ever went broke closing a trade in profit
  • #998
  • Oct 1, 2015 3:57am Oct 1, 2015 3:57am
GP, I think your strategy is the right one, basically do the work yourself.

I recently opened a demo account with IC Markets and whilst their spreads were excellent (negative some of the time!), the fact I couldn't work stop limit orders was the decider for me. Sorry brokers, but stop limit orders are a must for many traders, they're hardly an exotic feature in this day and age. As for programming, what could be more simple - activate stop but don't fill if the tradeable price is more than x ticks from the stop activate price.

The other thing I didn't get on that well with was entering orders, yes, their market entry was as slick and fast as anyone's but adding limits or stops to existing orders was messy in my opinion. The extra digit in the quotes always gets me. IB only offers half ticks so I'm used to that (in fact I never bother with them) but I'm so used to seeing a quote at say 1.5148 but when you add the extra digit to make it 1.51483 I really have trouble is working that out.

The more I look at other brokers the more I see that for me, IB + Bracket Trader is one hell of a package. Bracket Trader is an order entry system with a ladder that makes entering and adjusting orders really slick and fast. If anyone is with IB and does short term trading take a free trial to Bracket Trader and think about dumping their useless in built software. Take your time though, Bracket Trader cannot be mastered in a short period of time. Having said that, IB's TWS package is fine for non-short term trading.
Road To Wisdom? To err and err and err again, but less and less and less...
  • #999
  • Oct 5, 2015 7:33am Oct 5, 2015 7:33am
is there anyone who has a problem with the connection to Live04 server at the moment?
Trade or not to trade - that is the question...
  • #1,000
  • Oct 5, 2015 7:34am Oct 5, 2015 7:34am
Anyone unable to connect to ICM? Currently 81 people in the support queue - shan't be holding for that one!
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