marketshark382 posted: Your trading style seems to be quite similar to mine. I would advise you to move away from FXCM coming from a personal experience.
I'm sorry to hear of your negative personal experience, but it's not representative of the 179,577 active retail accounts trading with FXCM as of our latest publicly available quarterly results.
On our No Dealing Desk (NDD) forex execution model, we offset each of your orders one for one with the best prices from competing liquidity providers. That means we don't profit from your losses or lose from your profits. Instead, we make our money from your trading volume. Therefore, we want you to be profitable, so you can trade more.
Regarding your personal experience with FXCM, I welcome the opportunity to address any grievances you have. While I don't wish to take this discussion thread off topic, please feel free to reach out to me via private message.
Ever since FXCM has switched to commission based plan, the platform have been great. Very fast execution and I have not yet received a re-quote on metatrader 4. I am very happy trading with them so far.
@Phaneron yea that's the thing. I had a lot of problems with them before the switch. Requotes, spreads were not good, slow executions etc.. I have heard good things about them now but I would not be going back to FXCM anymore.
@jasonrogers Appreciate your comment and assistance, and I wish FXCM a success with the switch of business model.
https://redrhinofx.com/fxcm-raw-forex-spread-pricing/ - I also had a very bad experience with FXCM a few months ago doing a beta test of my scalper on their ECN data feed. The spreads would widen much further than other ECN brokers. Their liquidity is thin and over saturated.
@charlesadethib86 - TradingView.com has a good chatroom for #Forex and traders are manual technical analysis type.
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