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deciding on broker...

  • #1
  • First Post: Aug 17, 2006 7:42pm Aug 17, 2006 7:42pm
What are your experiences with FXSOL? i am looking for an alternative to FXCM. right now i am trying to decide between GFT or FXSOL. I would like to know how they handle news releases and the like etc etc.
  • #2
  • Aug 17, 2006 7:57pm Aug 17, 2006 7:57pm
GFT is the only way to go. The trading platform is awesome and I have not experienced slippage.
  • #3
  • Aug 17, 2006 8:08pm Aug 17, 2006 8:08pm
can you please write the address for gftwww....
rover all the time
  • #4
  • Aug 17, 2006 9:01pm Aug 17, 2006 9:01pm
fxsol does me fine. I liked their approach - low key - didn't seem to be desperate for my money - signs of success perhaps - or just smart.

I use metaquotes any way so the charts don't matter to me.
Platform has not gone down for me (using 1 month only)

Don't know what slippage is - so shoot me - do I care not at the lot size I'm trading - apparently it happens everywhere.
  • #5
  • Aug 17, 2006 9:02pm Aug 17, 2006 9:02pm
Quoting rover
can you please write the address for gftwww....
just click the PREFERRED BROKERS link on your left side of the screen.under SITE NAVIGATION. you'll find gft site there.
  • #6
  • Aug 17, 2006 9:19pm Aug 17, 2006 9:19pm
www.gftforex.com
  • #7
  • Aug 17, 2006 9:57pm Aug 17, 2006 9:57pm
FX Sol has done me fine for over a year. FXCM was good also, but the ability to hedge if need be with the FX Sol tradestation is nice if hedging is part of your trading model.

: ) Thom
  • #8
  • Aug 18, 2006 2:39am Aug 18, 2006 2:39am
I tried FX sol and FXCM and they are ok but I moved to ACM because they always assure orders through even in volatility. This argument was the decisive one to convince me to go with them.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
  • #9
  • Edited 4:46am Aug 18, 2006 4:14am | Edited 4:46am
We badly need a subforum to solely discuss merits of each brokers.

FXCM is ok if you are not a news trader. Otherwise, stay away.

Ilidio,
How is ACM? On their website, they Guarantee fills on any market condition. But how fast do we get to control the order? ie, when our orders are hit, do you get filled asap and can manage it (close, move stops.. etc?)
  • #10
  • Aug 18, 2006 7:19am Aug 18, 2006 7:19am
Yeah BurgerKing I also agree with the subforum idea. By the way some other threads from users that have been around for a long time suggest that the subforum will soon be a reality.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o> </o>

I’ve trading for a while on these situations of market volatility.

I’ve used several brokers over the time. In all the cases, when you are with “execution on market price” you will always have some problems with the software. So what I now do is actually trading with “orders” (rather than “execution @ market price”) when there is volatility. Like that I manage to prevent those problems!!! Since I am in ACM they have filled my orders at my price and that is as good as it gets (I had experiences with other brokers where my orders were filled 10-40 pips away from my price, that really sucked!!!)
  • #11
  • Aug 18, 2006 7:24am Aug 18, 2006 7:24am
Quoting ilidio
Yeah BurgerKing I also agree with the subforum idea. By the way some other threads from users that have been around for a long time suggest that the subforum will soon be a reality.

<o></o>

I’ve trading for a while on these situations of market volatility.

I’ve used several brokers over the time. In all the cases, when you are with “execution on market price” you will always have some problems with the software. So what I now do is actually trading with “orders” (rather than “execution @ market price”) when there is volatility. Like that I manage to prevent those problems!!! Since I am in ACM they have filled my orders at my price and that is as good as it gets (I had experiences with other brokers where my orders were filled 10-40 pips away from my price, that really sucked!!!)
Are you referring to using Entry Orders to solve the problem or what?

I am seriously considering ACM as my FXCM account replacement.
  • #12
  • Aug 18, 2006 8:08am Aug 18, 2006 8:08am
yeah I am.

"Order" = "stop order" or "limit order"

as opposed to, clicking to do the trade = "execution at market price"

Again my advice is: try first with DEMO and then a SMALL ACCOUNT. You can verify if they are a good fit for you.

take care!
  • #13
  • Aug 18, 2006 8:16am Aug 18, 2006 8:16am
Wanna Trade The News.... So GFT Is The Best Choice.
Charting Markets into the Future...MǎҖ€¥.
  • #14
  • Last Post: May 11, 2007 11:39pm May 11, 2007 11:39pm
Quoting MaXeY
Wanna Trade The News.... So GFT Is The Best Choice.
Do you still have the same opinion?
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