It seems like broker has no real hedging options for retail customers. I choose the standard account only because it was possible to trade simultaneously in different directions. My strategy based on trading single currency pair, which I hedge. However, it makes a profit only because of hedging. Broker declared that it's allowed. As result, I lost several trades and $340. I also found other mismatches. Even if company based in UK, it means nothing!
Gulliver FX has changed its name to UK clearing house this summer. However, I hope that quality of services will be better. I don't say it was too bad but could off been better. I still trade and still have spreads on major currencies above 2 points. No matter if you have positive balance, you still lose opportunities and give away those hundreds of point on each trade. It might be significant number for one year. I think we overpay for wide spreads. So it's a reason to think twice if you want to stay with Gulliver.
I’ve never traded with Japanese broker before and GulliverFX is 100% owned by Japanese corporation. Here there is only currency to deal with and the leverage is very high 1:500. Besides I can trade without any additional costs as far as they do not take any commissions. I’m rather good with their fixed spread. What can I say? The list of instruments and possibilities is poor but until now it is rather quite trading. It is boring a little bit taking into account the lack of interesting options, but you can try if you want. There are USD and EUR accounts among others.
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Gulliver FX (FCA no. 595713) is a brand new forex company established by YJFX, Inc. and Yahoo! Japan. YJFX, Inc. is currently the world’s 3rd largest OTC provider* and, like our parent company, Gulliver FX aim to provide a first-class foreign exchange trading service for our clients all over...
Regulation: FCAGulliverFX trading information
If you trade without a system, it doesn't matter how good the broker is or how smart the manager is. So the negative reviews on the topic: the manager leaked me the deposit - I don't pay attention, and I advise you to do so. A trader bears all the...Review rating
Dont waste time with this broker, i mean the deposit 10% of the bonus spoils it all. A clear sly marketing strategy. I wont use this broker and i wont recommend it to any...Review rating
I recently opened an account and made a cash deposite, but when I try to logon to MT4 it keeps on saying "Authorisation failed." What should I...Review rating
$ 250 is too high for the starting deposit, but this amount is trivial for the market, so I want to ask why hqbroker stopped at this amount. And I don't understand why scalpers like being there, they don't like to fill in more than a hundred. But...Review rating
Avoid like the plague! not regulated and removed from New Zealand register. warning from the FCA, FSMA,...Review rating