RV Markets-Failed (By forex_trader_16715)

The user has deleted this system.

RV Markets-Failed Discussion

Oct 22, 2010 at 21:25
736 Views
6 Replies
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Oct 27, 2010 at 03:50
Oct 24th-
17:28:38 '7007766': requote 1.39837 / 1.39851 for order #483199 sell EURUSD& closing at 1.39855
----------Spread Deviation set at 5 pips.
17:51:04 '7007766': instant order sell EURUSD& at 1.39900 sl: 0.00000 tp: 0.00000
17:51:05 '7007766': request was accepted by server
17:51:11 '7007766': requote 1.39894 / 1.39908 for open sell EURUSD& at 1.39900 sl: 0.00000 tp: 0.00000
-----------These Reqoutes result in a NO Trade Status == Missed Opportunity 😲
17:58:24 '7007766': instant order sell EURUSD& at 1.40154 sl: 0.00000 tp: 0.00000
17:58:25 '7007766': request was accepted by server
17:58:31 '7007766': requote 1.40144 / 1.40168 for open sell EURUSD& at 1.40154 sl: 0.00000 tp: 0.00000
18:19:12 '7007766': instant order sell EURUSD& at 1.40109 sl: 0.00000 tp: 0.00000
18:19:12 '7007766': request was accepted by server
18:19:12 '7007766': request in process
18:19:13 '7007766': requote 1.40103 / 1.40117 for open sell EURUSD& at 1.40109 sl: 0.00000 tp: 0.00000
18:57:06 '7007766': instant order sell EURUSD& at 1.40229 sl: 0.00000 tp: 0.00000
18:57:06 '7007766': request was accepted by server
18:57:06 '7007766': request in process
18:57:07 '7007766': order was opened : #484636 sell EURUSD& at 1.40229 sl: 0.00000 tp: 0.00000
------------More Missed Opportunities
19:25:29 '7007766': instant order sell EURUSD& at 1.40313 sl: 0.00000 tp: 0.00000
19:25:29 '7007766': request was accepted by server
19:25:29 '7007766': requote 1.40322 / 1.40336 for open sell 0.01 EURUSD& at 1.40313 sl: 0.00000 tp: 0.00000
20:46:26 '7007766': instant order sell EURUSD& at 1.40308 sl: 0.00000 tp: 0.00000
20:46:26 '7007766': request was accepted by server
20:46:26 '7007766': request in process
20:46:27 '7007766': order was opened : #485580 sell EURUSD& at 1.40308 sl: 0.00000 tp: 0.00000
------------5 second delay in closing a trade + a requote == Broker Plugin == Bucket Shop Broker
22:49:21 '7007766': close order #486155 sell EURUSD& at 1.40522 sl: 0.00000 tp: 0.00000 at price 1.40463
22:49:22 '7007766': request was accepted by server
22:49:28 '7007766': requote 1.40457 / 1.40473 for order #486155 sell EURUSD& closing at 1.40463
------------ More Missed Trades
23:35:27 '7007766': close order #486303 sell EURUSD& at 1.40514 sl: 0.00000 tp: 0.00000 at price 1.40466
23:35:27 '7007766': request was accepted by server
23:35:33 '7007766': requote 1.40488 / 1.40495 for order #486303 sell EURUSD& closing at 1.40466
23:38:01 '7007766': instant order sell EURUSD& at 1.40588 sl: 0.00000 tp: 0.00000
23:38:02 '7007766': request was accepted by server
23:38:02 '7007766': requote 1.40569 / 1.40581 for open sell EURUSD& at 1.40588 sl: 0.00000 tp: 0.00000
------------Conclusion: Broker Plugin. BucketShop

So far this is the worst broker I have ever tried. RV MARKETS: I've experienced requotes from other brokers, but I have never experienced a 5 second delay of 90% of the trades and then Receive a Re-quote after the Delay. Surely the Worst.
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Oct 29, 2010 at 03:54
Making Withdraw today
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Oct 30, 2010 at 06:55
withdraw in process. Then they emailed me...

Now they are requiring a signed copy of a Withdraw form that is not present on their website. Also when they mentioned I need to sign this withdraw form to complete the withdraw, they did not attach this needed form in the email when they disclosed this information to me... Hmmm... to be continued....
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Nov 01, 2010 at 02:06
Dear Trader,

Thank you for sending us a withdrawal request form. Be aware that we handle all withdrawal requests as soon as humanly possible, usually within 1 business day, but usually not later than 2 business days.

All withdrawals are usually processed and sent during our office hours, between 8 am EST and 8 pm EST. If you have not received your electronic withdrawal in 48 hours - please let us know.

While we process and send bank wire transfers within the same 1-2 business days - it usually takes an additional 2-4 business days for international wire transfers to reach your bank account.

If you do not receive wired funds within 7 business days from the moment of sending us your withdrawal request form - please contact us so that we could check its status with our bank.

Best regards,

FXClearing Group, Inc.

------------------------------
Their giving me the run around.. I'm still waiting for the withdraw.
pipinvestment1
forex_trader_16715
Member Since Aug 14, 2010   219 posts
Nov 02, 2010 at 02:19
I wrote them a nice letter and I received my Deposit today..


RV MARKETS-

Avoid this broker like an air born Virus. BucketShop
Member Since Aug 07, 2009   126 posts
Nov 13, 2010 at 04:17
Member Since Aug 07, 2009   126 posts
Nov 13, 2010 at 04:31
Drawdown 60.53%?
Managed and PAMM Accounts
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.