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Old 01-11-2009, 05:08 PM
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FseXy FseXy is offline
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All this talk about spread...still...

It was not wide spread that caused losses on my account! The EA has a max spread parameter for protection against this. What killed me was my broker being a thief! They did not honour my take profit levels but waited for the stop losses to close out my trades. And for the post that asked if it was American brokers that do this the answer is NO! All do this, all MT4 brokers do this. When I was using non professional ECN feed through MT4 (Hotspotfx-ATC Brokers) my trades were closing out when price had not even been there but a SL was lit up in MT4 as if it had, so I could not believe my eyes I double and triple checked and price had not been there! It could not have closed out my trades but their feed showed it had. WTF!!! Anyway It was Alpari UK that were the worst for me. They outright denied any wrong doing even after their fake "investigation" based on the evidence I showed them.

The above mentioned ECN brokers - providers are not professionals, get off MT4 if you want that, go with a broker that never has and never will offer MT4 for that. MT4 may well be the most popular trading platform for forex, but it does not mean the big players use it but feed off of the ones that do!

Last edited by FseXy; 01-11-2009 at 05:15 PM.
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