ACM is 5 pips on majors, not 3... (std accts)

Quote from hagadol:

What happens with AC Markets if you put in a tight order before a news release and the price shoots in your favour ?
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dunno, i don't do that, risk/reward no good imho... easy enough for them to trigger yr order, AND yr stop loss, ahead of the figure if they choose to... just one of those quick 20 pips whipsaws, just for yr acct, or across the book...
They promote WYCIWYG and no slippage in all market conditions, just wondering what happens, in reality
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nothing's ever 100% but thats pretty much true. but then again, if they shift the quotes 6-8 pips or more against u to penalize u on the exit as explained earlier in this thread, whats the good of all the wyciwyg stuff...?
What is their technique with Spread Widening ? Does this only happen when you are actually in a position ?
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this thread is mostly about individual pricing / shifting the spread which by nature only happens when u r in a position... now, they do widen occasionally as well, notably on figures - i typically see a 15-25pip spread in the minute before & after most UK figures for instance, but thats just because they like me... - same as at most brokers, only worse...
 
Quote from hagadol:

What happens with AC Markets if you put in a tight order before a news release and the price shoots in your favour ?

They promote WYCIWYG and no slippage in all market conditions, just wondering what happens, in reality.

What is their technique with Spread Widening ? Does this only happen when you are actually in a position ?
More...



Although ACM Java platform is simple and quick to use,
nearly every time when markets are volatile, it goes down and stops responding, so you cant close your trade or rates stop refreshing. 'Live chat' is busy with other desperate traders - so you don't know where you are.

Customer service leaves much to be desired - i am waiting for them to reply to my email for over a week.
 
i never used their new java platform, only the flash... not perfect but rather good on balance, for a single-broker dealer type platform
 
Quote from igor123:

2cents,

Question for you. How fast do they bring back the spread to normal after shifting it.

thanx.
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They wait about 30sec to 1 minute.
But that could only be with my account ;}
Personal treatment...
As during the last NFP my spreads widened to about 60 pips.
I couldn't get in.
If you have an open position with a stop before the news the spread widening will knock it out.
 
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