Great customer service, perhaps good for a beginner. But for serious traders there's a lot left to be desired.
Anyone know WHY this company is so secretive about their onwers, amount of clients, or total assets? This is usually common knowledge, generally proudly displayed on their sites. I've questions several reps of this firm at length, and it's hush hush. Do the owners have something to hide? Perhaps complaints against them in the past (under different company name)? The last firm which refused to reveal the number of clients turned out to have less than 350, and closed down not long after. Now, I have no way of knowing for sure, but if they have nothing to hide - why hide it? I encourage any staff of this firm (I know you luck & post here) - come forward, tell us... let us know our money is safe with you, like any other financial firm would. Thanks.
Grizzle... "no dealing desk"?? You're either joking, or you work for them. If they were a true ECN, they'd be charging commissions, and have a heck of a lot more in assets/liquidity. That aside, EVERY broker has a dealing desk & market makers, unless they're lying in their literature.
Oh yeah! I knew it:
High level of technology, huge liquidity and fast execution. Their idea of a back up solution via other marketplaces/banks is very good.
I traded with crown. They advertize 1 pip but lot of slippage and stop hunting they they take more than 4 pips per trade average. Just to let you know. It still small company that is not able to offer a good execution...
Please, do not criticize such good and reputable company. There are few companies in the world able to provide service on institutional level, trading more than 50mio in one click, if you are not able to understand the difference and the technology level they provide to their clients, please do not comment. So, whoever you are, either a sales person of a market maker company or a retail trader, you should not mention such untrue information.
I am trading with them, and get a perfect execution. For sure, it is not a market maker, so the concept what you see is what you get is impossible. You have to use function such as slipapge control or place bid/ask, but it is normal, because you trade in a centralized/decentralized marketplace, the SWFX-Swiss FX Marketplace.
For more information, you can read \"eforex\" magazines, it will give you a better understanding of the FX industry. www.e-forex.net
oct06: \"One click trading and the global liquidity\". it will help you to understand the one click technology, which mean a one click in a marketplace vs. a market maker.
jan07: \"Fight for liquidity, centralization vs decentralization\". It will explain you technology of decentralize marketplace.
jan07:\"Threat or opportunity for FX execution venue\". It will give you an idea about the industry consolidation.
As they provide access to marketplaces and banks, I do not understand why you try to treat them as a market maker who manipulates prices. Anyway, if you were a live client of Dukascopy, you would have been able to compare price and see that they are always providing same or better price than other marketplace, with same or more volume.
Regarding the increase of capital, I do not even want to argue. Swiss Legislation talks by itself.
Having said this, one has to consider the bad. Notrading platform is perfect, and the SWFX GUI is also not perfect. I do not like the way of placing bid/ask in the market. I hope they will modify it.
spread just 1 pip!
Absolutely the best bank on the market...Very vast range of products and Instant prices on Forex. The platform has been winning the best award for the past five years. Recommended A++++++
Not a bank, just by name.. Try to send some funds and see if you can get interest. Not a chance.
This is a bucketshop of worst kind, and a marketmaker against you. They will quote special prices against you. Which they also state in their EULA they have the right to do.
So how does one know what broker is honest?
Oanda could easily increase its charting capabilities including Pivot Points and Trailing Stops. In a conversation with one of the reps he stated plainly, they are not interested in that and expect that if you are a serious trader that you would go out and buy your own charting package. Oanda is not interested in providing good tools for their customer base they say they are interested in providing a good trading experience only. So are their any honest good brokers out there or can none of them be trusted?
If i wouldnt be a client of NorthFinance, then all these positive feedbacks would simply make me suspect. But since I have tested them in real life, yes all positive feed back is true.. mine is positive too. It's up to you whether to believe or not...
I like their new platform. I like it better than MT. Highly recommended.
I always open account with minimum required to deposit, and test brokerage on slippage/execution etc. This one passed its exams. Recommend.
How you can say who they are if you never work with them?:-))) Never shit were you live guys. All of you are working on the same field. Good luck everybody
Lol I knew it, this place smells like a.... bucketshop?? yep thats the word that defines it perfectly. ForexClub, aka: The broker from nowhere. I knew you guys were going to try and handle my negative post and I was so right about you people. bye
Hi everyone, I started trading with ACM in November, I had only traded with FXCM before so I dont have enormous experience but I can say one thing is that I am extremely satisfied and their platform is really excellent. Over and out.
Been there done that, put down 900 only to end up 300, I wouldn't say anything if I had lost it myself but when I got slipped and saw my prices manipulated ( they try doing it discreetly during news announcements ) and losing 20 pips because these people are assholes.... I wouldn't complain. But they did, you try to sell at 1.45, they put your order in at 1.35 and all of a sudden the price is 1.51... hmmm.... SCAM. Thank god they have mini accounts so you can smell the shit before stepping in it.
By the way Ducascopy is not an ECN at all. You think a bank just takes in a 25 million dollar click? Keep dreaming, its a bucketshop like all the others, liquidity my ass. On top of it they say that they inputed funds for capital growth but thats bullshit, they just made a loan based on their platform they made, which is bad... good luck people if you have your cash in that shithole. I forgot my favorite "would you like to control your slippage option to reduce it or have lots of it?" pfffff. If only I knew all that before opening the account I would have had a laugh instead of a major deception. Cheers fellow traders and good luck!
I traded with them live, slippage and price manipulation on their platform, not excessively often, but its sad that they have a crappy platform and use such basic scam methods to make money. Whats for sure is its impossible to make money there. I lost 3K due to that shit and of course making money was really hard so I left. I found another Swiss broker that I'm going to try. O yeah ducascopy has a high minimum so they are sure they will nail you a good couple thousand before you leave. Bastards, stay away if you can.
Happy New Year To ACM!They are
really the best.
You are wrong! ACM doesn't host this or other Ratings sites.
Mind what you say!
ACM is rated #1 because it hosts this website, suckers.
Forex.com = shit. Worst software, worst spreads, awful website, terrible customer service.
Best software I've found. Very helpful, friendly customer service as well. A+