Billyray Posted August 29, 2009 Report Share Posted August 29, 2009 Re: All About FXCM Fxcm were my first broker.I used them to scalp, but i was put on dealer intervention after 1day. :o Quote Link to comment Share on other sites More sharing options...
finimej Posted August 29, 2009 Report Share Posted August 29, 2009 Re: All About FXCM I have my account at ATCbrokers.com, which real account is at FXCM UK active trader account. so I have the institional spread that active trader account offer and 8 usd per 1 lot round trip for the commision. ECN price. Has deposite and withdraw more than 7 K USD, no problem. so far, I am happy with my ATCbrokers.com account. Quote Link to comment Share on other sites More sharing options...
dynastic Posted September 4, 2009 Report Share Posted September 4, 2009 Re: All About FXCM Hello, here is some further proof for you about boston technologies server side manipulation. I was told this screen shot comes from the boston technologies server operators instruction manual. http://www.jetscreenshot.com/demo/20090904-uu2-70kb.jpg Server manipulation ! Quote Link to comment Share on other sites More sharing options...
scarface Posted September 4, 2009 Report Share Posted September 4, 2009 Re: All About FXCM Possibly, I mentioned before that this broker will try the best to blow up your account sooner or later. As long as you are trading with losses everyday or every time, they are O.K with that and won't bother tricking you down anyways, but if you make money they will for sure chase you till the end. Best wishes Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
gkapor Posted October 3, 2009 Report Share Posted October 3, 2009 Re: All About FXCM I have warned you guys earlier, but nobody listen. Problems: 1. Open trades, will never appear on your platforms until 5 minutes, worse case never open at all in which i have to call customer service to check. 2. Close trades, will never close trades until 5 minutes, it means your trades in losing position then you can close. 3. Platform hang, case like trade context is busy etc. If you use EA, then all your trades gone mad. Complain to them? No use, what is their answers? Simple, they used boston technology bla bla bla whereby it is directly link to the interbank and they are not market maker etc etc See attached image, everything is possible, they will do anything to works like casino. Thanks for the info noplan88. I have been considering opening an account with FXCM but after reading this I have changed my mind. This broker sees like another horror broker I had experience with – Tadawul. Quote Link to comment Share on other sites More sharing options...
tom1713006007 Posted October 7, 2009 Report Share Posted October 7, 2009 Re: All About FXCM I have warned you guys earlier, but nobody listen. Problems: 1. Open trades, will never appear on your platforms until 5 minutes, worse case never open at all in which i have to call customer service to check. 2. Close trades, will never close trades until 5 minutes, it means your trades in losing position then you can close. 3. Platform hang, case like trade context is busy etc. If you use EA, then all your trades gone mad. Complain to them? No use, what is their answers? Simple, they used boston technology bla bla bla whereby it is directly link to the interbank and they are not market maker etc etc See attached image, everything is possible, they will do anything to works like casino. Scary... :hammer: Any suggestion which better broker to go with? :?: Suggestion needed..thanks Quote Link to comment Share on other sites More sharing options...
pipslovah Posted October 9, 2009 Report Share Posted October 9, 2009 Re: All About FXCM Hmm, is this the same FXCM UK MT4 platform broker we're talking about?? I've just started a LIVE account with them recently over 3 mnths now and I do notice alot of problems with positioning, but mostly due to slippage, so I messed with the Deviation By default settings under Trade Options on the MT4 platform and so far (knock on wood) things have been going on ok.. Also another problem i experienced before is latency time delay where I am located, due to bad internet connections at times but that was sorted out after I went on a VPS. Manual trades during news events sux I can tell that much but if its EAs running the trades, even during the last NFP the platform still executed the trades during NFP so guess I have to watch and see. Quote Link to comment Share on other sites More sharing options...
scarface Posted October 10, 2009 Report Share Posted October 10, 2009 Re: All About FXCM Hmm, is this the same FXCM UK MT4 platform broker we're talking about?? I've just started a LIVE account with them recently over 3 mnths now and I do notice alot of problems with positioning, but mostly due to slippage, so I messed with the Deviation By default settings under Trade Options on the MT4 platform and so far (knock on wood) things have been going on ok.. Also another problem i experienced before is latency time delay where I am located, due to bad internet connections at times but that was sorted out after I went on a VPS. Manual trades during news events sux I can tell that much but if its EAs running the trades, even during the last NFP the platform still executed the trades during NFP so guess I have to watch and see. Hi, Good day, It may sound good to deal with FXCM UK, but the fact is not what you see. They will let you to do some great trades and then trick you down somehow by their weird ways. Anyways, my advise to you is to make at least a profit of 100% of your account and then withdraw it. You can either continue with them or move to another good broker like Fxpro.com much better than FXCM because of the high fluctuating spreads. This is only an advise, and you are free to follow it or not. I wish you all the best. Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
halotan Posted October 10, 2009 Report Share Posted October 10, 2009 Re: All About FXCM Hmm, is this the same FXCM UK MT4 platform broker we're talking about?? I've just started a LIVE account with them recently over 3 mnths now and I do notice alot of problems with positioning, but mostly due to slippage, so I messed with the Deviation By default settings under Trade Options on the MT4 platform and so far (knock on wood) things have been going on ok.. Also another problem i experienced before is latency time delay where I am located, due to bad internet connections at times but that was sorted out after I went on a VPS. Manual trades during news events sux I can tell that much but if its EAs running the trades, even during the last NFP the platform still executed the trades during NFP so guess I have to watch and see. try to open account with those in your country or have branches in your country. Overseas difficult to chase after.... if own country don't have, choose better known one that do not trade against u...eg F*Sol. Quote Link to comment Share on other sites More sharing options...
Bredman Posted November 10, 2009 Report Share Posted November 10, 2009 Re: All About FXCM I have a live account with FXCM and I'm going to get out very soon. I traded during NFP last week and closed my position for a 21 pip gain, or so I thought. 2 minutes later, when the position finally closed, it ended up a 5 pip loss. This is doubly frustrating because my SL was at breakeven. I thought that this was maybe just because of volatility at NFP, but I set a new record today, when my position took 3 minutes to close and slipped another 20pips in the wrong direction. Even if you are a good trader, you probably aren't good enough to make money when your fills take 2 minutes and slip 20 pips against you. I'd advise AVOIDING FXCM UK. Quote Link to comment Share on other sites More sharing options...
hyperdimension Posted November 10, 2009 Report Share Posted November 10, 2009 Re: All About FXCM You can get the FXCM Active Trader feed through MetaTrader by request to get institutional spreads. Minimum initial deposit is 25K USD. Does anyone have experience with this particular setup? ATC Brokers (highly regarded ECN broker) gets their feed from FXCM, so FXCM's Active Trader feed must be good, right? Quote Link to comment Share on other sites More sharing options...
scarface Posted November 10, 2009 Report Share Posted November 10, 2009 Re: All About FXCM Hi all, I disagree with FXCM as good broker or even acceptable broker. They are wost than garbage, and never worth paying an attention. Look now they are going to change the margin requirements: i.e. for GBPUSD before= $50 /0.1 lot and after $80/0.1......think about it!!! what is the benefit of a broker with high spread that reaches around 3 most of the times and now they are going to change their margin requirements by November 22nd,2009. I hope I can hear more opinions regarding this unreliable broker. Best wishes, Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
hyperdimension Posted November 10, 2009 Report Share Posted November 10, 2009 Re: All About FXCM If FXCM is garbage then would ATC Brokers be garbage too since they get their data feed from FXCM? People say a lot of good things about ATC Brokers. Quote Link to comment Share on other sites More sharing options...
scarface Posted November 16, 2009 Report Share Posted November 16, 2009 Re: All About FXCM Hi, O.k, you want to know why FXCM is garbage?? They rise the spreads up anytime especially if you are making good money. I use their micro with appropriate money and when I double my account in few hours, they kind of get crazy and try to make me loss anyways. Last time they froze the plateform and didn't notice for 3 minutes when I placed 4 buying positions to get another 100% of my account so it becomes 300% in 6 hours, but that didn't happen because I knew that after this point the price is going to fall according to the divergence indicator and high resistance indicator as well. I knew that I had to close the positions because I was watching them closely , and place opposite " sell positions", but that took very long time to happen due to their stupid plateform. Now I have to try again and again to do the same thing that I have done for over 6 times..... O.K, so how many times I should do that until I success then?? you want to say "Trade with low risk so if Plateform freezes you are OK and loss some money??"....this is none sense in this case. I'm sure that others have similar experiences as me because I hear that about FXCM all over around in different forex forums. I hope anyways to hear some opinions regarding this issue. Best of luck. Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
hyperdimension Posted November 16, 2009 Report Share Posted November 16, 2009 Re: All About FXCM My interest is with their Active Trader account, which is far different from their other account types. The only disadvantage I see with the Active Trader account is high commisions. The 25K minimum initial deposit is a bit high too, but doable. Quote Link to comment Share on other sites More sharing options...
funyoo Posted November 28, 2009 Report Share Posted November 28, 2009 Re: All About FXCM I have an account with FXCM UK, and there is no particular issues. This service is serious. Quote Link to comment Share on other sites More sharing options...
noplan88 Posted December 16, 2009 Report Share Posted December 16, 2009 Re: All About FXCM I agree with scarface, FXCM another biggest bucketshop around, they know how to polish their face. As always big time requotes, slippage, DELAY 5 mins before trades shown on your platform. Some even never show. DON'T leave your money with this broker. I have closed my account, withdrawal request took ages and they will count for you how many business days of waiting time, so as I said they know how to polish their face all over the world. If any of you disagree, do you think we are so free to just blacklist any broker? Go ahead and post a nice comment on this broker and we shall see. What i can see from their websites, 100 million excess net capital. This is nonsense. Check the following links, it tells on regular basis how much your broker have. Yes 100 million before but nobody knows if it's just live clients money now only 58 million on CFTC and still showing to the whole world 100 million and remember don't get tricks by this total nonsense. Evidence shown clearly on CFTC websites. http://www.cftc.gov/marketreports/financialdataforfcms/ Remember, bucketshop makes money from your losses. Quote Link to comment Share on other sites More sharing options...
winfx Posted December 16, 2009 Report Share Posted December 16, 2009 Re: All About FXCM anyone who believes in fxcm, obviously has not heard of them. so many complaints about them on so many forums. Quote Link to comment Share on other sites More sharing options...
scarface Posted December 17, 2009 Report Share Posted December 17, 2009 Re: All About FXCM anyone who believes in fxcm, obviously has not heard of them. so many complaints about them on so many forums. Hi, I do believe in them, but as a SCAM =)) Look at their new strategy in sucking people money on MT4. You can see the auto Synec charge from time to time. And at the end, you will find your account zeroooooooooooooooooo. Be careful and very careful not to open any account with them. Best wishes, Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
noplan88 Posted December 17, 2009 Report Share Posted December 17, 2009 Re: All About FXCM Haha.... As an addition, under Standard account pricing are not that good. With micro account even worse. Yes blood sucking is number one, why? All of their staff knows how to give you nice words be it live chat or phone call so that they can get rich faster to 100 million again lol, now drawdowns time to 58. Deposit links are displayed big and easily seen on their websites not withdrawals. Once your money goes into vampire caves don't expect it to come out easily. This caves contains hazardous poisons that only the person that tells the whole world immunes to it, "if 15% of day traders are profitable he will be surprise". Quote Link to comment Share on other sites More sharing options...
rock Posted December 17, 2009 Report Share Posted December 17, 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 Anyone using Fxpro and have no problem with them ? Rock Quote Link to comment Share on other sites More sharing options...
scarface Posted December 17, 2009 Report Share Posted December 17, 2009 Re: FXCM with Boston Technology Anyone using Fxpro and have no problem with them ? Rock Hi, I'm using Fxpro without any problem. Sometimes on news times there is a re-quote because of the price speed. If you use EA, there is no problem at all. Best wishes, Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
hyperdimension Posted December 17, 2009 Report Share Posted December 17, 2009 Re: All About FXCM Has anyone tried FXCM's free VPS? Quote Link to comment Share on other sites More sharing options...
scarface Posted December 18, 2009 Report Share Posted December 18, 2009 Re: All About FXCM Has anyone tried FXCM's free VPS? Hi, Good day, Is there such a FREE VPS with FXCM??? No wonder, it could be another trick. Anyways, if you know how to get this free stuff, please let us know so we can find out more how they trick us down with their magical ways. Best wishes, Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
noplan88 Posted December 18, 2009 Report Share Posted December 18, 2009 Re: All About FXCM It seems we have fxcm as hot topic. You must make at least ten trades a month and the server is yours at no cost. If you do not trade ten times a month, a fee of $30 may be debited from your account to cover server cost. Ten trades, doesn't say clearly whether it's 10 standard lot or 10 mini lot. I believe you guys still wanna give free money to them, why not give me 2k lol. With boston technology, your money will be drain fast. TRADE CONTEXT BUSY ---> BIG TIME LOSE YOUR MONEY TO FXCM. Go ahead try your 2k and you will get happy surprise of the above message. Didn't you check back my earlier nice picture how boston stuff take your money easily? Quote Link to comment Share on other sites More sharing options...
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