riccia Posted June 14, 2009 Report Share Posted June 14, 2009 Hi, Searching for broker with low major pair spread. Found FXCM has partner with Boston. May be good for scalping EA with which need low spread. anybody currently has account with FXCM and will like to comment ? Currency Pair As Low As Typical Spread* EUR/CHF Euro – Swiss Franc 0.1 2 EUR/GBP Euro – British Pound 0.6 2.4 EUR/USD Euro – US Dollar 0.9 2.3 USD/JPY US Dollar – Japanese Yen 0.5 2.9 GBP/USD British Pound – US Dollar 0.8 3.7 USD/CHF US Dollar – Swiss Franc 1 3.8 AUD/USD Australian Dollar – US Dollar 1 3.7 USD/CAD US Dollar – Canadian Dollar 1 4.8 EUR/JPY Euro – Japanese Yen 0.6 3.9 CHF/JPY Swiss Franc – Japanese Yen 1 3.5 NZD/USD New Zealand Dollar – US Dollar 0.8 4 AUD/JPY Australian Dollar – Japanese Yen 2.3 5 EUR/CAD Euro – Canadian Dollar 2.4 6 Quote Link to comment Share on other sites More sharing options...
finimej Posted June 14, 2009 Report Share Posted June 14, 2009 Re: FXCM with Boston Technology Hade FXCM real account. The data there is not noisy, light filtered. variable spread. If you want to run ISEA or grail EA there will not be ok. Quote Link to comment Share on other sites More sharing options...
wirastomo Posted June 14, 2009 Report Share Posted June 14, 2009 Re: FXCM with Boston Technology ;)) ;)) :D :D =)) =)) Quote Link to comment Share on other sites More sharing options...
locle Posted June 28, 2009 Report Share Posted June 28, 2009 FXCM I want to open an account with fxcm, anyone have live account with them, please tell me how good or bad they are thanks Quote Link to comment Share on other sites More sharing options...
Hyglater Posted June 28, 2009 Report Share Posted June 28, 2009 Re: FXCM I want to open an account with fxcm, anyone have live account with them, please tell me how good or bad they are thanks http://www.indo-investasi.com/viewtopic.php?f=7&t=3493 Quote Link to comment Share on other sites More sharing options...
progressapama Posted July 1, 2009 Report Share Posted July 1, 2009 Re: FXCM with Boston Technology try JadeFX Quote Link to comment Share on other sites More sharing options...
noplan88 Posted July 4, 2009 Report Share Posted July 4, 2009 Re: FXCM with Boston Technology FXCM? No no too, yes advertised spread is low, but you will never get that. Wait till you old, because they just said as low as but never happen. Apart from that trade context busy is their trademark now, open trade you need to wait few minutes, close trades too. Everything is just what they said. Don't get your money burned into it. Quote Link to comment Share on other sites More sharing options...
scarface Posted July 4, 2009 Report Share Posted July 4, 2009 Re: FXCM with Boston Technology It is ture. FXCM is not good at all. I recommend FXpro, they are good, but they don't have micro account. The EurUsd spread max 2 and min 0.8 so it is easy to make money with that. Good luck bro. Scarface Quote Link to comment Share on other sites More sharing options...
drbastem Posted July 5, 2009 Report Share Posted July 5, 2009 Re: FXCM with Boston Technology FXCM? No no too, yes advertised spread is low, but you will never get that. Wait till you old, because they just said as low as but never happen. Apart from that trade context busy is their trademark now, open trade you need to wait few minutes, close trades too. Everything is just what they said. Don't get your money burned into it. 1 -http://img253.imageshack.us/img253/1764/metaquotesvirtualdealergm2.jpg 2 -fxcm always is lost ecause of FXCM's bugged Meta Trader platform that opens secondary orders on Trade Station platform without approval of player. 3-confidential transactions table 4 - If you want I can send screenshots example 1- As you can see in order with number 399919 stop loss value is less than entry value but it had stopped anyway and I got a loss of $320 (figure 1). 2- In 399900, the pair was USDCHF and the entry value is 1.18200. But system changes this value automatically to 1.18200099 so that you can use this value as parameter in expert advisor. Expert advisor uses 5 digit values, not 7. And just because of this an order can't be closed. This caused me a loss of $2321.32 (figure 4). 3- Order 407735 was a 5 lot GBPJPY. Entry value was 134.990, stop 134.870 and take profit 134.790. When I opened the position the entry value instantly became 134.98999 and this caused order to be locked. When an order become locked you can't do anything to change stop or take profit values or even close earlier than those values. (figure 5). 4- FXCM says "There's no dealing desk at FXCM" but this proves that there's a dealing desk which profitable positions always become locked (figure 5a). 5- When you look at figure 7 you can see the details of order 404927. This is an entry order. 10 lot GBPJPY at an entry value of 133.930, take profit 132.500. This entry order didn't work the way it meant to be and didn't open a position even the price became 133.875. This cost me a profit of $14300. But it opened when the market changed is way and gave me a loss of $7138.79 for the first half of lots and $7323.79 for the second half. If the position was opened the way it meant to be I wouldn't had a loss of $14462 and I would take a profit of $14300 instead. When you add them together my loss from this position is $28762 (figure 7c). 6- As you can see in figure 7 my balance was $45749.87. And when you look at figure 7b I had opened tickets with numbers 409320, 409307, 410818, 410048, 410769 10 lot each. With a leverage of 200:1 50 lots means $25000 used margin. I had received a margin call from these orders. When you look at the final balance with the closing of order 410769 my balance was -1047.60 USD instead of +25000 USD. And after this margin call another "dealing desk" order opened with a ticket number of 411005 which gave me a $396.56 loss. This last one couldn't be cause according to the program I use my margin was -1047.60 USD. When you add all I demand $25000 + $1047.60 + $ 396.56 which is $26444.22 (figure 7a, figure 7b, figure 7c). 7- As you can see in figure 8, two "dealing desk" orders were opened with ticket numbers 549181 and 549210. First one gave me $1015 loss and the second gave $545 loss. This is ridiculous cause I didn't opened these orders. I demand $1560 back for these orders (figure 8) Supporting Documentation: Haskayafx is my website. So I thought that maybe you can download the files (that link is a download link). If there's another way that I should do it please let me know how. In that rar file I have screen shots of my disputes. You can download the files from this link: http://www.haskayafx.com/fxcmnfa.rar Since I am a Meta Trader user, my orders should be calculated in Meta Trader platform but when you open Trade Station 2 (default platform of FXCM) you can see some other positions which were opened without my approval under the name of "balance adjustment". You can see many balance adjustments in the documents I've provided. MetatraderReport. is my Meta Trader platform position details and htmTradeStationIIReports.htm is Trade Station ones. Quote Link to comment Share on other sites More sharing options...
drbastem Posted July 5, 2009 Report Share Posted July 5, 2009 Re: FXCM I want to open an account with fxcm, anyone have live account with them, please tell me how good or bad they are thanks http://www.indo-investasi.com/viewtopic.php?f=7&p=28375#p28375 Quote Link to comment Share on other sites More sharing options...
TacticalTrader Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology I use FXCM via Boston. The spreads not that good, and Megadroid rarely takes a trade. The spread is often 4.1 to 4.7 which seems a deliberate intention to foil MD's 4-pip limit. Not recommended. Quote Link to comment Share on other sites More sharing options...
Stekobe82 Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology FXCM have the spread too large. not good for scalping !! Quote Link to comment Share on other sites More sharing options...
bradipo Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology OK not good for scalping !! Quote Link to comment Share on other sites More sharing options...
zhigool Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology Not Good for scalping either,Good for long term,and the fx station is very fast compare to any platform Quote Link to comment Share on other sites More sharing options...
coocosnest Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology agree with most of the comments above.. Quote Link to comment Share on other sites More sharing options...
bobafia Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology whats the minimum account they acceopt Quote Link to comment Share on other sites More sharing options...
PyeR2 Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM with Boston Technology I used FXCM for years. They were my first broker so I was quiet naive. I never used an EA with them, although I can advise that they used every dirty trick in the book to separate you from your money. Platform freezing was a regular tactic particularly around news announcements. I actually had them close a position that was +80 pips for -30 pips which was my initial stop loss. They tried to tell me that a spike occurred 40 minutes ago so was so fast it did not register on the charts nor could it be seen on the trading platform. That was when I began looking for a new broker. Quote Link to comment Share on other sites More sharing options...
Pheniox Posted July 13, 2009 Report Share Posted July 13, 2009 Re: FXCM HAve used FXCM for two years for manual trading but they want a minimum 5k deposit to open an MT4 account there Quote Link to comment Share on other sites More sharing options...
rdi_de Posted July 14, 2009 Report Share Posted July 14, 2009 Re: FXCM with Boston Technology Spreads widens frequently There are better ones Quote Link to comment Share on other sites More sharing options...
rstr Posted July 14, 2009 Report Share Posted July 14, 2009 FXCM with MT4 Platform Hi all, after looking a bit deeper to FXCM it looks like their MT4 Trading Platform is only available for FXCM UK and so not for US Residents available. Is that right? does anybody knows this exactly? thank's for information Quote Link to comment Share on other sites More sharing options...
metin Posted July 14, 2009 Report Share Posted July 14, 2009 Re: FXCM with Boston Technology Them definitely seem to have extremely widened spreads during sessions, quite high than they advertise... Quote Link to comment Share on other sites More sharing options...
MetaCrazy Posted July 14, 2009 Report Share Posted July 14, 2009 Re: FXCM with Boston Technology You might want to use ATC Avail broker. They have an institutional feed to FXCM UK and the spreads are good. There is commission. Quote Link to comment Share on other sites More sharing options...
greggysc21 Posted July 14, 2009 Report Share Posted July 14, 2009 Re: FXCM with MT4 Platform ok I will try it, i know fxcm is one bigger forex company Quote Link to comment Share on other sites More sharing options...
oblacik Posted July 15, 2009 Report Share Posted July 15, 2009 Re: FXCM with MT4 Platform i dont think so..., they have a very big problem with licvidity when you are opening more than 50 lots Quote Link to comment Share on other sites More sharing options...
minami Posted July 15, 2009 Report Share Posted July 15, 2009 Re: FXCM this broker is something wrong... Quote Link to comment Share on other sites More sharing options...
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