Reviews and Comments – Page 411

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This is definitely right place for right start. Correct me if I'm wrong but you can choose from five different accounts. By trading variety of currency pairs simultaneously, I have no limits in margin because all positions can be hedged. 300 bucks on account enough to cover all requirements due to high level of leverage. Actually, this is a minimum balance to get new account. About bad things, I think spreads too high. Eurusd is from 2 points during flat market. It is above than most brokers offer. Therefore, I can cover these "expenses" by more accurate market entrance. Actually, it's not a problem if you can switch to ECN without spreads. Just get ready to take $1000 from your pocket.
3TG Brokers Julius M. 7 Aug 2016 Reply

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So... it was a good jump to reorganizing its business. Before that, it has been hard times when investors encountered problems of managed account services. I mean complaints regarding poor performance. But to be clear, it wasn't ATC fault. Broker was just an introducing broker of FXCM and all managers were third party participants. ATC wasn't responsible for any client’s losses. Company had been delivering pretty good brokerage service for all clients.
ATC Brokers Zen 6 Aug 2016 Reply

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What problem with platform are you talking about here? It's not about single platform, it is about three different platforms with one single access with same credentials. Trade on mobile, web or local platform. It's up to you. I have whole bunch of information. I can download detailed statements of trading results, statistics, more than 200 instruments to trade. I see comments about FXnet like it's a poor platform, but you guys have never traded on this platform if you say so! It's fast, flexible and in some cases better than mt4. Sure, big companies in US can offer better conditions, anyway if you trade with iforex you have much better quality/price ratio. First, minimum initial balance is $100 that much less than many companies have. Another words, what do you want for this price?
iFOREX i_Max 5 Aug 2016 Reply

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Gft was acquired by forex.com. As a trader of both companies and active trader of Forex.com, I would say that things changed. No cancelation of winning trades, no tricks as it was before with gft. You got tight spreads and so on... What I want to mention is no extremely high number of price fluctuations during trading session anymore. They filter ticks and provide as smooth price as possible. I know it's been done as a good practice by others, so I see no negative impact on my performance.
GFT Forex Udesh 5 Aug 2016 Reply

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Future Trends and Developments in Forex Trading with Expert Advisors

The future of Forex EAs lies in the further integration of AI and machine learning technologies, enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

Stewart, hope you are trading well till now. But since you've made your post, things changed. Platform is working better than ever before. Zecco improved it by adding most advanced tools for market analysis. After merger with TradeKing, I started to feel changes in order executions. The speed is under millisecond. I see more tools in educational center, diversity of trading instruments has increased dramatically. It was pleasure to trade with Zecco but now it is absolutely new level.
Zecco EdWright 5 Aug 2016 Reply

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Please, can someone share experience of trading cfd on gold and silver with AFB. I like broker’ customer support. Give them a call and they transfer you to appropriate assistance whether it is technical questions or specifics about liquidity providers. Demo mode is also working well, enough to open account with real money. Will be very appreciate if you give me some comments before I start trading with them. Thanks.
AFB FX Daniel S. 5 Aug 2016 Reply

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Most of negative comments here are fake. All technologies and active customers became a part of saxo bank. Since that, you have nothing similar to high fees of bank wire transfer or something like high credit card fees. What you have is decent number of assets for trading, advanced trading platforms and the best broker for retail and corporate clients. Extremely low margin requirements, it’s around 1%. Different price plans so I maintain my account with no monthly fees.
ForexTrading Benjie 4 Aug 2016 Reply

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Agree with Farrah. Spreads on eur/usd starts from 0.8, still acceptable conditions but what I don't like is lack of English support. As I remember, it was available in multi-language support but now you have only German language. I don't contact them often, however it's not a good idea to work with people without understanding each other.
YoutradeFX Ryo120 4 Aug 2016 Reply

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Just wondering if someone have used firm's account management services and individual solutions. As I know, new owner of the company decided to rebrand the firm and suspended license. Since 2014, it was dedicated service and minimum complaints from customers. Six month passed by since that decision. Website is not available. My couple of hundred bucks still there and I have no idea how to get them back. I have been informed by email about changes but mistakenly postponed withdrawals from account. Now it seems like impossible to do that.
FXTG 1985sy 4 Aug 2016 Reply

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I've withdrawn my funds from all accounts when company declared about suspending its forex business. Decision was made after series of losses caused by volatile market in January 2015. I was lucky not having opened positions that time. However, liquid markets does not provide services and hope that all customers have got money from their trading accts.
LQD Markets Luca47 4 Aug 2016 Reply

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Investtechfx has been selected in nomination of the best scam broker in 2011. I agree with many users here who post reviews, but we all know what happened at the end. Good customer service, spreads start from 0.5 points, popular platform mt4 + zulutade for copying successful traders.... The minimum deposit was $100, which is a total amount I lost. I posted comment on their website but it was removed. There were issues like unauthorized prolongation of VIP services for customers with accounts more than $20000. After that, you couldn't withdraw funds within the whole year. The withdrawal issue was the main problem active customers faced. Most of traders had conversations with broker' managers by phone. It was a biggest mistake because Investtechfx has used it as a way of hiding evidences of customer existence. No emails from official address, no evidence. So people were not able to proof they have contacted with company. Stupid mistake of not curiosity.
Investtechfx Steve M 3 Aug 2016 Reply

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The website went offline long ago. I think nobody here won't get money back. The only one regulator in offshore zone can't help you get your money back. No funds were ensured, so there is no compensation in case of bankruptcy. That's the fact. Crime was committed by this broker and we are all victims.
Prime 4X Joe 3 Aug 2016 Reply

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It's not lovely, as it seems like. You meet too many obstacles to get your balance grow! In most cases, you have nothing to do with your broker. I lost two small accounts in afx before started getting stable profit. Moreover, it took me one year to approach this point of experience. What really important is my trading plan and money management. Although afx violated some regulatory rules and paid fines, I still work with them because see no changes regarding trading conditions. When I open position, I have no delays, interruptions or widening spreads. You can trade with almost each broker across the globe but your success based on you.
AFX Capital Markets noflyzone 3 Aug 2016 Reply

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Not bad for junior traders. Signed up for access to carrenex. I like that my funds are held in Wells Fargo Bank in UK. All I care about that broker is regulated only by CIMA. This regulator is from Cayman Islands. This is not CFTC or FCA. I've done some research on this company and found nothing suspicious. Traders leave relatively positive comments and I'm one of those people. My little trading account still exists and I think it is time to migrate from X Leverage account to "Innovate" with zero spread. Commissions per side just $2.5. I wanna ask people on this forum if there are any pitfalls I haven't faced yet?
Tradeview Markets Roney 3 Aug 2016 Reply

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The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

Please, can someone leave a comment of true experience with Saxo Bank? Look, when I see list of all trading currencies, I get a little confused. There are 182 currency pairs. My current broker offers 32 currencies for trading. The difference is huge especially when I see much better conditions with saxo. What I do not like is a minimum required balance that is $10000. Comparing to my broker it is very high level of entrance even if Saxo bank gives you so many trading instruments. Is it really worth to deposit 10K? What special with trading solutions if broker provides the same mt4 trading platform, regulated by same authorities and have all major currencies for trading?
Saxo Bank Pad65 2 Aug 2016 Reply

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As it was mentioned many times, UWC is an international financial company. The problem is that firm was founded right in the middle of the financial crisis in 2008. The worst time you can imaging for new company. You won't find UWC on the market but there is many comments regarding terrible services. Most of them about expert adviser’s execution. Delays, bad prices,... Broker was regulated by FCA and Cysec. Anyway, nothing positive was left for trading community.
United World Capital Ltd MegaXX 2 Aug 2016 Reply

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That's really advanced level of service you can get here. From direct market access and wholesale liquidity to full order execution. By trading variety of multi asset classes, I have access to spot FX, metals, energy and cfd instruments. Fortex 6 platform is fully equipped for developing trading systems by using C# programming language. Before I switched to algo trading, I used MT4 platform that is also available as well as my current trading platform. Broker guarantees stability of all systems. Order process takes up to one millisecond. There are many solutions and I am glad I have access to such a great infrastructure. It's completely ensuring my automated orders executions and brining high level of confidence. I think the broker is a serious partner in financial markets.
Advanced Markets Nurland91 2 Aug 2016 Reply

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I make more money on bonuses from deposits than by trading forex through the broker. 20% on first and 10% on each next deposit. Just trade required volumes, try not to make losses and you will make money. Of course, I don't recommend this way of trading. But if you earn not knowing how to trade, you will make much more as a savvy trader just using bonus system of Mega Trader.
Mega Trader FX Dynamic_Bo 2 Aug 2016 Reply

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Actually, it's not so excellent service as you might think. All marketing and persuasive words about extra fast trade execution is nothing. When I used to trade main currencies, I thought that it was a constant volatile market conditions. The worst thing I ever done is invested money into pamm account. Despite my poor performance, manager lost the rest of account balance twice faster than I did. They don't actually have their own pamm services and sending you to third party provider.
ACM Z-ed 2 Aug 2016 Reply

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Yes, it takes longer than usual to process all documents. We should understand that it's not about slow process. It's all about careful and proper approach to proof identity of each new customer required by regulatory body. After your account is opened, you get bonuses 15% of your deposit size. You get access to multifunctional online platform. Mobile app is also available if you love to trade from your smartphone. Let me explain one thing, askorbid offers level of services above the average. I'm satisfied with that and don't wanna jump from this broker to another one just because somebody can't gather all required papers to open account. In addition, company invested a lot of money in order to present its academy for traders. This is like an educational center for all levels of experience. Very informative.
Askobid NovemberRain86 1 Aug 2016 Reply

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Broker keeps its promises regarding constant improving services. Everything works very great now. I used to have that problem with cross hedging and margin requirements, but it was finally resolved. Moreover, commissions decreased and these little changes has dramatic impact on my performance. I would say that each question you have is negotiable. You can get better conditions for trading than officially offered but you need to have sufficient trading volumes on your account. Broker is ready for open dialogue.
Exto Capital Jas78 1 Aug 2016 Reply

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They have 0.26 average spread on eur/usd through DMA liquidity feed. I have access to web and advanced platforms. MT4, external platform through API, or order book with L2 dealer platform. No problem with back office support. I would say 24/7 instead of classic 24/5 working hours. Execution is really reliable and fast. In addition, IG offers seminars, market analysis and broad range of services on website.
IG Markets garryth 1 Aug 2016 Reply

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Finotec provides highly attractive pricing model for its retail customers. Before real trading, you can apply for demo account. Standard forms and applications don’t take much time. Compliance department works perfectly. Just few days and you will be ready to make your first trade. Broker is an old player on the market, gives you responsive service and low commissions. Keep on trading…
Finotec MillicentMC 1 Aug 2016 Reply

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Broker has its own developed VT Trader platform. I can put my trades right on the chart. Platform is interacting with live data. It's free of charge and can be used as a complex environment for trading currencies online. There is no big difference for me whether I trade on mt4 or through vt trader. The only one advantage is I can trade wherever I want if I have internet access.
CMS Forex RickYQ 31 Jul 2016 Reply

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Far More than just an XM Trading Account - Client Benefits

All clients receive free and unlimited access to personal account managers, forex market research, daily forex webinars, video tutorials, forex trading signals, daily technical analysis, daily market outlook and 24/5 live customer support in over 30 languages.

If you don't realize the difference between real and demo mode, you've better forget about trading online. But if you generate profit on demo, you don't have to wait for live trading with Finexo. It is offering fully responsive platform and low commissions. Many technical indicators, tools to analyze price behavior etc. Thus, you are fully equipped and protected by regulators. All you need is an accurate trading with proper risk management. Your success is based on you.
Finexo JJS 31 Jul 2016 Reply

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It's a fact that if you open account with xforex, you'll lose your money with high chances. Don't even chat with them because you will be under aggressive marketing attack immediately. I had a question about depositing funds. Despite this, I had conversation where sales manager was trying to persuade me to make one more deposit. Instead of figuring out my real problem. Now I can't even go to their website without spam warnings. That's not a place for fair trading and high returns.
XForex Nathan 30 Jul 2016 Reply

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Not operating anymore but left a very good experience. As a scalper, I’ve never had issues with slippages. Moreover, spreads on eurusd had never been more then 2 pips. All transactions and funds withdraws had been made with no troubles. The only one negative moment was that ibfx shut down trading platform few times during important announcements from the US. That’s the only bad thing I can remember.
InterbankFx Smech 29 Jul 2016 Reply

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You have nothing to worry about because services are not available anymore. WestCap FX became a part of much better known company as FXPro. Actually, it was only one way to succeed for broker. Another company also became a part of consolidation. The reason was to connect two strong sides of each company and get more chances to stay on fx market. So they did it. However, WestCap Fx had no chances to survive that time.
WestCapFX Haffs_1991 29 Jul 2016 Reply

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I was surprised when this giant brokerage firm on the US market offered forex service for retail customers. For a long time it was focused only on stock market. I registered immediately. Etrade offers MT 4 platform for trading currencies. Not bad. Anyway, it is not a big difference if you open account in FXCM. It is identical level of service due to the same technologies and liquidity providers they use. E*TRADE use all these things from forex capital markets because it is introducing broker to fxcm. I am not a customer of fxcm but etrade could’ve been offer better service than retail FX broker. The point I stay with etrade is its reputation. That is much higher then any forex broker has.
ETrade FX Kifer 29 Jul 2016 Reply

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