MS High Risk (By cacus)
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MS High Risk Discussion
Feb 11, 2011 at 18:12
796 Views
3 Replies
May 01, 2011 at 22:14
Account about to be closed. The broker deliberately rose spreads on all pairs to non-suitable ones, 3 pips being the best on EURUSD (really above nowadays industry standards) wich is high for any kind of scalper. I'll be monitoring this some more time to make a decision.
Mental note: do not abuse.
Member Since Feb 16, 2010
1332 posts
May 02, 2011 at 03:57
cacus posted:
Account about to be closed. The broker deliberately rose spreads on all pairs to non-suitable ones, 3 pips being the best on EURUSD (really above nowadays industry standards) wich is high for any kind of scalper. I'll be monitoring this some more time to make a decision.
I would never, I repeat, NEVER touch a russian broker(maybe except Alpari UK).
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Jun 13, 2011 at 12:22
Lite forex is one of the worst brokers I have ever traded with. I recommend you to stay away from that broker company!
After several months without a lost record of my trading started to change more often 'off quotes' (wait 30-40 seconds).
When you compare their quotes with other FX platforms they are always several pips off either up or down. So they show you a low spread but you can never really use it as the prices they quote are their own not the markets.
Withdrawing money is easy I read. No way. I have contacted them several times but no answer...
After several months without a lost record of my trading started to change more often 'off quotes' (wait 30-40 seconds).
When you compare their quotes with other FX platforms they are always several pips off either up or down. So they show you a low spread but you can never really use it as the prices they quote are their own not the markets.
Withdrawing money is easy I read. No way. I have contacted them several times but no answer...
"Without discipline, there’s no life at all."
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