Avoid Fxcm At All Cost.

Quote from bxptone:



And I still have my mini account with them lol. Guess I'm a glutton for punishment. :D

In that case maybe you should petition a moderator to change the title of this thread.

LOL:)
 
Define success. I have a $100 micro-lot account with them. That's about as much as I am willing to trade at FXCM and I use it to test new strategies and not risk a lot of money at the same time. I guess you can call that success. It all depends on your perspective.
 
Quote from brocklanders:

Define success. I have a $100 micro-lot account with them. That's about as much as I am willing to trade at FXCM and I use it to test new strategies and not risk a lot of money at the same time. I guess you can call that success. It all depends on your perspective.
where do you trade Forex with larger cash amounts?...$1,000, $3,000, $5,000???another brokerage?
 
Quote from increasenow:

where do you trade Forex with larger cash amounts?...$1,000, $3,000, $5,000???another brokerage?

IB usually for forex these days but I am really more active in currency futures than spot. I wouldn't consider what you listed as larger amounts... you need more to be viable... start at least by adding a zero just to be realistic.
 
Quote from increasenow:

anyone with FXCM success stories?

Checkout their forum at http://www.dailyfx.com/forum/

You'll surely find a lot of them there.







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The way to go is trade thru IB, Dukascopy, or MB Trading( my broker). All the others will fuck you harder and faster than a rabbit on crystal meth....:eek:
 
WOW. Trying to play the volatility tonite on the USD/JPY and tried to make an oreder, and I cannot do anything now. Order is in limbo I will probably get filled at some ridiculous rate and will have losses. This is GARBAGE. Same thing is happening that I made the first post about. Guess this is just normal business for FXCM. HORRIBLE.
 
FXCM is having serious problems today... It all started around 2:48 this afternoon... It is posted on another thread... Needless to say it has not been a shining moment for them
 
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