we often talk bucketshops like FXCM, How about a real good FX broker for a change
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Isnât this exactly the kind of behavior that I previously said was so stupid about ET. Nobody wants to have a meaningful conversation around here to accomplish something, you just score some points on your âStupid things to do todayâ list. Nobody has yet given any examples of FXCM screwing their clients, so like everybody else around here, since you canât prove your argument, you have to turn to critisizing me for deliverying pizza. Wow, sounds like youâre the loser around here.
Anyways, at least I can talk in complete, logical sentences you dipshit.
Stop hunting is the most hilarious thing Iâve ever heard. Think about it for a minute. Now obviously if I put a stop in the FXCM system, they can see it. Since they are taking the other side of my trade, isnât that sort of like showing the casino your cards? Well technically yes. Except that the stop is only executed if the price is hit. Again, they are the ones quoting the price. Wow sounds like theyâd really screw you. So if they are quoting 1.4100 on Eur/Usd and they see a bunch of stops at 1.4080, they would push the price to that level. Right?!
WRONG!!! Think about it for a minute. If they push the price to 1.4080 to get some stops while the rest of the market is still at 1.4100, what do you think would happen? Yea thatâs rights everybody would start buying Euro/Usd at 80 in their FXCM account and then sell Euro/Usd at 100 in XYZ account for a FREE 20 pips. Do you think theyâre that stupid to do that? They would get obliterated in a matter of seconds.
Now if the whole market did this, thatâs not called stop hunting, thatâs called the market price has moved. If Iâm wrong in this example, please let me know.
Yes I know Tradestation is clearing through Gain and they are also a bucketshop. But still nobody has given any proof of either making quotes outside of the market.Quote from cabletrader:
Well yes, in the majority, but there are still some valid complaints.
You're comparing quotes from Gain Capital, they've got enough complaints of their own!
If you want examples of some FXCM complaints then have a search on the forums (including this one), you'll find plenty to choose from.
If they suit you, and they're doing what you want then who can find fault. I used to get the same criticism about trading with Oanda, mind you I've posted a few complaints about them myself, with videos and screenshots
I have searched around on Google about any institution that I open an account with. There are a lot of the typical complaints I hear on ET. A lot of people said they lost money and want to blame the broker. However, like here, no proof is offered. Other people say the same things I say. You have to also take into consideration that large companies always have a large number of complaints against them because of their sheer size.
it is now obvious to everyone, you need FXCM because you need Micro Micro 1 k lots
Even 10 k lot which MB trading offers and is ECN broker, even that isn't low enough for you
Just be a man and admit to being a small man
you are with FXCM because you don't have a choice
if you ever have any real money, you'll leave FXCM faster than stink
Typical ET poster. Your argument is lost so you have to critisize me for trading 1k lots. How sad.
Letâs compare the 2. If Eur/Usd has a spread of 1.7 pips on FXCM, that would cost me $1.70 on a 10k lot. With MB, they charge a $1 roundtrip commission. So the spread would have to be .7 pips or better for me to be better off. I just looked at their live quotes on their website, and it seems to be just around .8 pips. So essentially the cost is the same. Now, are you able to buy at the bid and sell the ask and get filled on it at MB? If you are, that would certainly have to be taken into consideration.
But I like scaling in and out of trades, so I always trade 1k lots. Even if I have 5 or 10k of a position, I still open 5 or 10 different trades, so FXCM suits me well. You want to critisize me cause I trade 1k lots? Go right ahead, youâre more of a loser than I thought. It just goes to show that you canâât prove your argument, so you have to turn to critisizing me because Iâm poor. You know I deliver pizza right? You can certainly mention that in your posts. Since you canât prove any of you points, that might come in handy.
