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any one try this site??
Don't have any idea about this site but u can try their demo to see.
never hear of this before.
Will take a look at it. QUOTE(timeinvestor @ Feb 2 2006, 07:18 AM) [snapback]1077373[/snapback] never hear of this before. Will take a look at it. I know someone who is using them and so far so good. I'll see if I can get him to share here. Bryon
Yes would like to know more abt this new site please
Never heard of it
not bad,
using PHP, java platform. 250$ for mini account. Multi-language. Frankly, I don't like java software. Too slow.
I like MoneyForex trading platform. Very user frienldly and charting features are great. A lot of technical indicators. More designed for professional use.
Okay my experience with moneyforex. In the beginning they were pretty good but recently they really start to suck. I understand spreads widening during important news. If its 20 PIPS or more I get really pissed but its the brokers way to say to you : I dont want to do business with you right now. At moneyforex however you get a lot of slippage as well during news trades. An example of a bad slippage : you enter a trade at 30$ for example, you bet the $ to go down but you are filled at 25$ instead, you leave the trade at 28$ making a loss(while if there wasnt any slippage you would had made a profit) but instead the platform says you left the trade at 32$ making an extreme loss. Above is exactly what happens during news trades at Moneyforex. But it doesnt stop there. In above example I can guarantee you that in reality the dollar never went higher than 30.5$ during the whole day and never went below 27$ during the whole day! So this means moneyforex fills and closes my orders at values that never happened at all!! Also moneyforex also requotes a lot and than automaticly enters the trade with a lot of slippage as well! For example : you enter a trade at 30$, but then you get requoted, they ask you if you want to enter the trade at 29$ instead. If you type yes I can guarantee you, you enter the trade at value 25$ instead! Not to mention their platform freezes for several minutes every single time after your trade is finally accepted!!! So my opinion is : Stay away from this broker at all costs!
Oh my that is bad! Glad you shared with us ur experience
QUOTE(SensibleInvestor @ Sep 17 2006, 09:21 AM) [snapback]2816692[/snapback] Oh my that is bad! Glad you shared with us ur experience A decent broker widens their spread , sometimes insanely much(+30 PIPS). But at least they let you know at what values you gonna enter the trade at and when you close the orders they will be closed at the right values. A bad broker has a lot of slippage and requotes and you have no clue at what values your orders will be filled and at what values your orders will be closed. I may as well gamble at the casino then. Please keep in mind these horried experiences are just the once I experienced with MF. I do not know how their platform behaves with other traders, maybe they just dislike me.
news trading on a retail broker is stupid in itself. Server crashes, slippage, failure to execute. I have heard it 100000 times about EVERY single broker. Post some real reasons why not to use this RETAIL broker. I personally have heard only bad things about this broker, mostly bad service, bad execution even during slow time and the rest is history.
Like marketiva? In deed.
Well these problems dont occur solemly on news trades. They occur on every single trade.
I gave news trading as an example because when there are flaws they show the most during news trading. So the reasons are real enough. QUOTE(fxinvestmentpool admin @ Sep 18 2006, 04:00 AM) [snapback]2817511[/snapback] news trading on a retail broker is stupid in itself. Server crashes, slippage, failure to execute. I have heard it 100000 times about EVERY single broker. Post some real reasons why not to use this RETAIL broker. I personally have heard only bad things about this broker, mostly bad service, bad execution even during slow time and the rest is history. Like marketiva? In deed. Very well said. Stay away from this broker. Please find any other platform that proven to be good and successfull. All of my friends told me that this broker is lack of support and got some problems with their script. |