Just thought i'd warn people off using 'Smart Live Markets'
I've been using them for several months now to test systems. Why? Because their a spreadbetting UK company that uses MT4, has good spreads and allows bets from 10p (ideal for testing strategies).
So whats the problem? Re-quotes........dozens of them.......re-quotes on re-quotes........and if it's not re-quotes it's 'invalid price'............an example; today i enter a trade and decided to exit while still in profit, after 4 'invalid prices' and then 3 re-quote I ended up having to adjust a pre-set stop loss to exit (for -12pips). Thing is this isn't a one off. It happen's almost every time now. Yesterday I stopped trading because I had so many 'invalid price' quotes i couldn't enter or exit. To top it off i've moved my spread deviation to +5, still no use.
Anyone who wants spreadbetting with MT4 should open a free MT4 demo account to use for charting and open a Trade Fare, IG index, finspread.....i've used all with NO re-quote/invalid price problems
If you see this post on other forum's I'm not doing it out of spite (well maybe a little), i'm also not a competitor. I'm just giving my an honest account of my experiences. Smart Live Spreads is crap!
I've been using them for several months now to test systems. Why? Because their a spreadbetting UK company that uses MT4, has good spreads and allows bets from 10p (ideal for testing strategies).
So whats the problem? Re-quotes........dozens of them.......re-quotes on re-quotes........and if it's not re-quotes it's 'invalid price'............an example; today i enter a trade and decided to exit while still in profit, after 4 'invalid prices' and then 3 re-quote I ended up having to adjust a pre-set stop loss to exit (for -12pips). Thing is this isn't a one off. It happen's almost every time now. Yesterday I stopped trading because I had so many 'invalid price' quotes i couldn't enter or exit. To top it off i've moved my spread deviation to +5, still no use.
Anyone who wants spreadbetting with MT4 should open a free MT4 demo account to use for charting and open a Trade Fare, IG index, finspread.....i've used all with NO re-quote/invalid price problems
If you see this post on other forum's I'm not doing it out of spite (well maybe a little), i'm also not a competitor. I'm just giving my an honest account of my experiences. Smart Live Spreads is crap!