I heard back from FXCM last night. Even though they admitted a "misquote," the best they would do is set my reset my P/L to zero. Even though my Entry Order to sell GBP/USD should NEVER have been executed @ 8:31 AM by this "phantom" price dip (and ...

Broker Price Manipulation?

Vdeluca: Good find. Very interesting. I just called them and talked to the rep. They've been open to the public for about 1 year. Quotes are directly from the banks. Spreads are 1-2 pips (and according to the rep, sometimes there is no spread - bid ...

Broker Price Manipulation?

SteamTrader: If this happened to you then you should definitely call them, tell them what happened, and dispute the trade. I just talked to an FXCM Rep for the second time this morning, and he confirmed what Lou posted earlier -- that there was a ...

Broker Price Manipulation?

LOU: This might be good news. I've already called FXCM and disputed my trades. If this was a misquote , then I should currently have an open short position and be up about 80 pips per lot (I have 7 lots going). This could get interesting. ...

Broker Price Manipulation?

vdeluca: Have you ever had a problem with CMS filling your ENTRY ORDERS on straddle trades at the correct price (during the release of major economic data), or is there major slippage? I currently use FXCM but I am thinking about switching brokers. ...

FXCM and "no-slippage"

Nishanth: Thanks for the info. Very impressive. I'm not sure I understand the "Swing in T" though. Wonder if you could explain it again when you get a chance. Regards, CA1962

Effects of economic data releases