This broker is a good choice. I was very happy till today. I had a pending buy order in EURUSD at 1.13412 but it was executed at 1.13493. The difference is 8,1 pips worse. A huge difference incompatible with scalping.
Hi Underwood76, our brokerage department scanned through thousands of LIVE trades placed on May 18 and we couldn't find any trade that you mention. Can you send the order number to email@example.com or post the details here? With your permission we can also discuss the matter here publicly to make the process open and transparent.
According to GMT+2 my order was on May 17. I think you don't find the order because of it.
I attach a snapshot:
I'll be very satisfied if you explain me why a order at 1.13412 is executed at 1.13493. I have downloaded tick history from Dukascopy and I'm surprised because there are some ticks from 1.13412 to 1.13493.
Underwood76, it is nothing exceptional and i can confirm these slippage values as i encountered slippage up to 10 pips on my pending buystops as well.
Nevertheless, i am still trading live with them, as you won't find these low spreads+commission costs somewhere else nowadays. So as long as these liquidity induced slippage problems don't exceed a personal limit too often ViproMarkets can be recommended.
Furthermore their service is fast, reliable and always kind - not a matter of course in this business.
They are still quite new and only have to improve their liquidity in the future, if so they can be a real insider tip. It is up to them.
Hi underwood76, our brokerage department took a detail look on the situation and have sent you already an email with a short status report. Thank you very much for highlighting the issue to us which was related to one liquidity provider. When we find issues we try to resolve them in best possible way.
I said before ViproMarkets is a good broker. Now, I'm sure ViproMarkets maybe one of the bests. They have resolved my issue and they have made me a refund. I think it's amazing. I don't believe other brokers would do the same.
New broker but still tight spreads, low-cost commissions, opened a live ECN account with them a month ago with a very small amount of money to test them, so far so good, didnt have any issues or anything. above all i consider their Cyprus Regulation Licence more important than anything. Unless their trading conditions change in the future I am going to keep trading with them.
Stay away from this broker, I mean run from this broker. They use slippage plugin in their MT4 server to kill all your profit. On 22nd August, 2016 in a quite market, they gave slippages of 10 pips to make my scalping EA lose. Find the log file attached. Run from them, they are scammers.
- Extremely low spreads on ECN account. - The lowest comission I've found in the market so far ($2/lot/side). - Most common fund and withdrawal methods. - Not a single question on withdrawals (this might be obvious, but I've been shocked when XM or Darwinex wrote asking me why I want to withdraw MY money). - Lightning-fast withdrawals. - Allows everything: EAs, hedging, scalping. - Very friendly and quick customer care. - No spam nor marketing calls.
I've searched a lot to figure out if there's something better, and to be honest I think there's not... Maybe only Tickmill it's comparable, but well they're all the same group, so no wonder.
Sto utilizzando questo broker da qualche mese e devo dire che lo trovo molto adatto al mio stile di trading, ossia lo scalping. Le qualità maggiori sono: 1)Poco slippage e a volte anche positivo 2) Forchetta spread bid e ask molto stretta e adatta pertanto per lo scalping. In media su eurusd siamo sugli 0.3 3)Iscrizione presso la Consob che per un broker ecn non guasta. 4)Depositi e prelievi gratuiti il che è davvero eccezionale, soprattutto per quanto riguarda i prelievi.
Altre cose per ora non me ne vengono in mente, credo di aver elencato tutte le qualità più importanti. Per adesso non avuto esperienze negative e quindi non menziono nessun difetto. Nel caso, provvederò prontamente a segnalarlo.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.