I received a solicitation call from FXCM This evening. The rep was pleasant and clear spoke. He asked me if I had any questions. Well Of course I do and since he called me I cracked the whip!
The simple sum of the conversation context was execution, platform failures. He assured me that the current FXCM model does not trade against clients nor manipulate price feed. " A True STP Process" he said. They are big enough and have enough liquidity providers to level the playing field and take it ALL.
Now I have 3 live SpotFx accounts: 1) MB 2)Oanda 3)IBFX
I have had no problems with MB So one could assume they are a real deal ECN
I at this time have had no problems with IBFX No slips, No requotes,misquotes etc. etc. Has IBFX actually cleaned up the act, because I remeber just a year ago they were horrible with requotes to say the least
As for Oanda well they are the old shoe in the corner nothing new nothing old same old same. Good, Bad and Ugly at any random time.
My main concept here for this thread is : have things changed for the better with the Spot Brokers behavior towards traders?
I left spot a bit over a years ago when it was at it's height of scamalogical stupidity
And now back at Spot trading for a good 45 days.
Please enlighten me if I've been bedazzled by the wizzard behind the curtain.
Oh and please keep this focused on actual current good or bad experiences with these brokers It's the right now I'm most concerned with Not as the market was before.
I do know that each of these named brokers do have individual threads , however the true context here is regarding the revelation of long standing broker behavior right now as a new unified approach to our provided tyrading environment.
And NewBies... please spare us the drama of your complaints that are spawned of nothing more than your lack of experience with trading that truly bears nothing to do with the point here.
Thanks,
Anthony
The simple sum of the conversation context was execution, platform failures. He assured me that the current FXCM model does not trade against clients nor manipulate price feed. " A True STP Process" he said. They are big enough and have enough liquidity providers to level the playing field and take it ALL.
Now I have 3 live SpotFx accounts: 1) MB 2)Oanda 3)IBFX
I have had no problems with MB So one could assume they are a real deal ECN
I at this time have had no problems with IBFX No slips, No requotes,misquotes etc. etc. Has IBFX actually cleaned up the act, because I remeber just a year ago they were horrible with requotes to say the least
As for Oanda well they are the old shoe in the corner nothing new nothing old same old same. Good, Bad and Ugly at any random time.
My main concept here for this thread is : have things changed for the better with the Spot Brokers behavior towards traders?
I left spot a bit over a years ago when it was at it's height of scamalogical stupidity
And now back at Spot trading for a good 45 days.
Please enlighten me if I've been bedazzled by the wizzard behind the curtain.
Oh and please keep this focused on actual current good or bad experiences with these brokers It's the right now I'm most concerned with Not as the market was before.
I do know that each of these named brokers do have individual threads , however the true context here is regarding the revelation of long standing broker behavior right now as a new unified approach to our provided tyrading environment.
And NewBies... please spare us the drama of your complaints that are spawned of nothing more than your lack of experience with trading that truly bears nothing to do with the point here.
Thanks,
Anthony
"Look Left Think Right"