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  • #61
  • May 3, 2016 1:11am May 3, 2016 1:11am
My orders have quite slippage too. Itīs worthless have good spread+comision if we get big slippage specially with big lot orders.
  • #62
  • May 3, 2016 3:02am May 3, 2016 3:02am
Quoting available
widening spreads are common practices for ECN or any floating spreads broker i can recommend you many fixed spreads brokers, but i cant tell you are they allow their clients to trade the news with big lot ,or are they really fixed spreads broker. however, NZDUSD rose 100.0 pips, i do not think 20.0 spreads are matter
I know. So tested their superior services. I was lucky there were no spikes against my trades and did not suffer any loss from this broker. Made a little profit though. lol Then calmed myself with this video again
Inserted Video


Don't want pollute this thread. Can you please PM the the broker names (excluding Insta, FXPro, Exness) you mentioned about?

Thank you!
  • #63
  • May 3, 2016 7:33pm May 3, 2016 7:33pm
Quoting available
widening spreads are common practices for ECN or any floating spreads broker i can recommend you many fixed spreads brokers, but i cant tell you are they allow their clients to trade the news with big lot ,or are they really fixed spreads broker. however, NZDUSD rose 100.0 pips, i do not think 20.0 spreads are matter
Spread widening is, in fact, how the real market works. Before the news, banks and big institutions close their orders to reduce exposure and therefore market liquidity before big news becomes extremely low. When you place an order, you are selling to or buying from the nearest bidder/asker. And spread is the difference between your chosen price and the price your counter party offers.

Thats why it is always recommended to avoid trading during news announcements. And it is possible that some brokers take advantage of that to widen spreads to make some profit. But if you complain about spread widening during big news like bank rate, central bank conferences, NFP ..... you are not a trader but a gambler.
  • #64
  • May 4, 2016 5:32am May 4, 2016 5:32am
Quoting brian.jer
{quote} Spread widening is, in fact, how the real market works. Before the news, banks and big institutions close their orders to reduce exposure and therefore market liquidity before big news becomes extremely low. When you place an order, you are selling to or buying from the nearest bidder/asker. And spread is the difference between your chosen price and the price your counter party offers. Thats why it is always recommended to avoid trading during news announcements. And it is possible that some brokers take advantage of that to widen spreads...

This is exactly how it works, but remember that it's easier for newbies to open trade just before NFP ("I will become rich fast"), lose in seconds and blame broker that EURUSD spread widened from 0,1 pip to 10 pips, moreover stop loss didn't work and he got 40 pips slippage. They forget that order to be executed needs second side of transaction... Market has always lack of liquidity before important data release, that all traders should learn from very beginning.
  • #65
  • May 4, 2016 7:55am May 4, 2016 7:55am
I am doing directional trading and running some Martingale and correlation strategies.I have not had slippage issues. I don't trade the news of course. It would be interesting to know more details about cases where there is a issue with slippage.
  • #66
  • May 5, 2016 5:25am May 5, 2016 5:25am
I will start a test and see. I dont expect miracles... i dont expect disasters.
Good trades.
  • #67
  • May 6, 2016 1:15pm May 6, 2016 1:15pm
https://m.youtube.com/watch?v=jcyIyFTPIBU

can anyone more experienced in trading than me reflect on the quality of these spreads?
  • #68
  • May 6, 2016 11:35pm May 6, 2016 11:35pm
Quoting brian.jer
{quote} Spread widening is, in fact, how the real market works. Before the news, banks and big institutions close their orders to reduce exposure and therefore market liquidity before big news becomes extremely low. When you place an order, you are selling to or buying from the nearest bidder/asker. And spread is the difference between your chosen price and the price your counter party offers. Thats why it is always recommended to avoid trading during news announcements. And it is possible that some brokers take advantage of that to widen spreads...
i do love this bold comment. agreed with you
  • #69
  • May 7, 2016 3:50am May 7, 2016 3:50am
Quoting Borowikbo
can anyone more experienced in trading than me reflect on the quality of these spreads?
Borowikbo, although i appreciate Vipro Markets idea of transparency by sharing these NFP videos each month, it is somehow misleading.
The spreads look quite ok, spread widening is only short term with still low average values. It is however no prove or sign for the quality of the execution itself.

Even with the lowest spreads bad or delayed execution will lead to horrible slippage. This is something these videos wont tell you. Thus, everyone has to go the hard way and make his/her own experiences.
  • #70
  • May 7, 2016 7:31am May 7, 2016 7:31am
Quoting darksorrow
They offer superior spread and execution. Check the images with this post.
Quoting darksorrow
Anyways, done with this broker.
Don't get you. Did you profited from those news orders??
  • #71
  • May 7, 2016 9:49am May 7, 2016 9:49am
Quoting Trung
I have been using Vipro Markets over 2 months already. I think their overall trading cost commission+spread is one of the lowest. So far my strategies are working well. I have not experienced much slippage because I am trading with EA and using VPS. I noticed that some of my trades also have positive slippage. I wonder what is the net amount over long term? (positive and negative slippage)
Same here. I have used Vipro now for almost 2 months, running both demo and live side by side (copying demo to live) and they are pretty much the same, probably slightly more likely to get positive slippage than negative. But all very minimal. All I can say is after over a year of looking for a decent broker (after Excel markets went bust), I am now finally happy with Vipro. Spreads are excellent.
  • #72
  • May 20, 2016 3:56am May 20, 2016 3:56am
Good conditions in trading.
  • #73
  • Jun 2, 2016 2:57pm Jun 2, 2016 2:57pm
We are proud to announce that we have now completed the registration of our brokerage services with all major European Union financial market regulators including the FCA in the UK, BaFin in Germany, ACPR in France, CONSOB in Italy and CNMV in Spain. Vipro Markets now offers cross-border investment services in 249 countries including key target markets in the EU as well as developed countries in the Asia-Pacific region where it aims to build its presence through a network of Introducing Brokers.

Here is a link to story recently published by Marketwatch.com on the same subject:

http://www.marketwatch.com/story/vip...6-05-24-820325
LIVE account login: 888000229 Inv pword: HpLk5uQ
  • #74
  • Jun 16, 2016 6:28am Jun 16, 2016 6:28am
Quoting piupiu
Good conditions in trading.
Good conditions in trading.
  • #75
  • Jun 17, 2016 7:55am Jun 17, 2016 7:55am
Attention: GBP, EUR and UK100 Margin Requirements Changing Ahead of Brexit

This is a leverage reduction alert for trading week starting from June 20 until June 24, 2016.

A major political event is approaching, the EU Referendum (Brexit) in the UK which is surrounded by uncertainty and great possibility to generate increased volatility and turbulance in the financial markets. The referendum will occur in the UK on June 23rd 2016 in order for the British population to determine their wish whether retain or not their European Union membership.

As the Referendum is considered a high impact event expected to influence the financial markets and potentially result in high volatility, price gaps/spikes, lack of liquidity, widened spreads or other movements in the markets, Vipro Markets has taken measures to protect its Clients.

To do that, the Company will lower the leverage for the whole EU Referendum week. This change will affect both existing and new orders.
Standard leverage rates will be reduced as follows starting from market open on June 20 until market close on June 24:

  1. All GBP pairs standard leverage lowered from 1:500 to 1:25 (4% margin requirement).
  2. All EUR pairs standard leverage lowered from 1:500 to 1:100 (1% margin requirement).
  3. UK100 index standard leverage lowered from 1:100 to 1:20 (5% margin requirement).

All accounts with not a standard leverage setting will have their leverage changed proportionately according the numbers indicated above.

Depending on market conditions we may enforce close-only regime on certain currency pairs or indices. Large accounts that accumulate substantial market exposure may see their account leverage lowered further subject to prior warning.

Please also consider that Bid/Ask spreads will most likely be considerably wider during market volatility and this could affect even hedged positions.

As a result of this change, you may need to close trades or add funds to your account or risk a possible margin closeout if you currently have an open GBP, EUR or UK100 positions with higher levels of leverage and do not have enough funds in your account to cover the increased margin requirements. We strongly advise you to perform the necessary funding actions well in advance, in order to ensure your account will be well-funded before the leverage is lowered.

The affected pairs will return to prior leverage levels after the markets close on June 24, 2016.

Please feel free to contact our support team at [email protected] if you have any questions.

Kind regards,

Lucy
Vipro Markets
https://www.vipromarkets.com/emaillogo.jpg

LIVE account login: 888000229 Inv pword: HpLk5uQ
  • #76
  • Jun 17, 2016 8:25am Jun 17, 2016 8:25am
With all the brokers I was till now, all made me feel that they where trading against me. Using crazy 100% bonus promotions and hot ladies which made it feel like a casino model. This broker hands down they make me feel that any sort of trader small or big are treated as equal and for me VIPRO is my broker of choice.
  • #77
  • Jun 20, 2016 8:54am Jun 20, 2016 8:54am
This is indeed an extraordinary move - big up, Vipro!

See below:

"Dear XXX,

We have great news for you. Vipro Markets is growing fast because we always put our clients interests first. In order to once again prove our commitment to our clients we have now completely removed commissions on all FX pairs for the whole Brexit week.

Yes, this week you can trade with ZERO commissions! Enjoy.

Commissions were removed starting from 15:00 (trading server time) on June 20,2016 and affect only new positions. Positions that were opened before 15:00 are not affected by this promotion.

Dont forget to manage your risk and please consider that extreme volatility, wider spreads and less liquidity are expected this week due to EU Referendum (Brexit) in the UK on June 23, 2016.

All GBP, EUR pairs and UK100 index have higher margin requirements this week as previously communicated:

All GBP pairs standard leverage lowered from 1:500 to 1:25 (4% margin requirement);

All EUR pairs standard leverage lowered from 1:500 to 1:100 (1% margin requirement);

UK100 index standard leverage lowered from 1:100 to 1:20 (5% margin requirement).


The affected pairs will return to prior leverage levels after the market close on June 24, 2016.

Kind regards,

Vipro Markets Team"
  • #78
  • Jun 23, 2016 8:47am Jun 23, 2016 8:47am
VIPRO's smart Clients do not pay any trading commissions during the Brexit week. Yes, you can trade free of charge and exploit the volatility on the markets! Trade safely!

"Vipro Markets has surprised Clients and the $5 trillion Forex market by announcing it will not charge commissions on all FX pairs during the Brexit week. Vipro Markets is a destination broker for some of the most sophisticated retail and institutional traders who generate large trading volume. Therefore any commission reduction or outright removal translates into thousands of dollars of immediate savings for such traders."

http://finance.yahoo.com/news/vipro-...170300849.html
LIVE account login: 888000229 Inv pword: HpLk5uQ
  • #79
  • Jul 30, 2016 11:13am Jul 30, 2016 11:13am
those Vipro has trust-worthy licence, I have to say I'm much convinced to open account at Vipro if they have interesting campaign for new clients!
  • #80
  • Aug 13, 2016 4:05am Aug 13, 2016 4:05am
hello,
vipro commission is calculated with base currency, that means if trader using US $ for trading currency then commission should be 4 pounds for gbpusd pairs. that means 4*1.35= $5.40 per standard lot . am i tight?
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