ForexAssistant posted: Old story here. Prices for the feeds are generated by the liquidity providers, aka the bank. We've known for years that different liquidity providers have different prices at any given time. In fact there was once an arbitrage strategy that looked at several brokers to determine entry points and direction.
Pass through brokers don't care if you win or lose, so long as you keep playing the game. If you lose too much, you quit trading and then they lose. So for pass through brokers, it is better if you win. We did have a slogan once, several years back that went something like “ Don't trust your broker”. But you don't hear that anymore because with the ECN system that we have now, you can be friends with your broker again as they are on the same side of the table as you are. (Pass through types only). @ForexAssistant Exactly. The idea of brokers reading their EA and doing something is just paranoia. I have profitable trading EAs running for more than year making hundreds of percent which indicate the idea of@myfxtrader is pure nonsense.
alphasys posted: Thank you Bob, rob559 also asked me, its Gainsy... now ranked from the 2nd to the 1st place in the score from brokers reviews.. I wonder why... Good pips for you.
Hi guys. As for me this broker really had to get the 1st place. I have a PAMM account with them and you can check my system to understand what are they, good or not. alphasys, I cannot see your trading system, please, answer me, why? By the way, I have never felt that they plays against of me. So I do not believe that they played against of you only because of you opened a deal, I think you are not alone who traded AUDUSD. Everyone of us knows that fx trading carries some degree of risk. By using one broker's services you lost some funds, I got some funds (I am sure not only I) Or maybe I am a lucky man?
Alexey.. you cant see the trading system because i dont want to know anything about gainsy, so i deleted it.. maybe, just maybe you have good results with them because you dont have a problem with big slippage, etc because you trade in different and longer timeframes... so, for me gainsy and this account is and old page of a book i just throw away.
rob559 posted: i'd never go with that broker,too unknown
Rob, when I looked for a new broker I have made a research and found an information about this broker here, on MyFXBook. Then I started to looking for more info about them and I have found it on Skrill and Forbes web-sites. I do not think that Forbes will write that they are good if they are bad.
Hey guys. I don't wanna talk only about this broker. The point is that forex, stocks, binary options etc is very risky. Look, the inflation in Germany is now on the 2009 minimum, problems with Greece, price for oil. Now trading is very dangerous for those who don't know how to trade. If you're newbie in forex - don't blame the broker.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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