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Bit difficult to know what to do now isn't it when one now knows for certain the MT4 platform is rigged against us. Why would any broker pay to use a platform rigged against their clients if they were honest?
It confirms suspicions I've had for quite a while and I wouldn't be surprised if I was trading against that software on the AleccohFX platform last Thursday.
I think it's time to move away from MT4 trading completely now, but to what?
Bit difficult to know what to do now isn't it when one now knows for certain the MT4 platform is rigged against us. Why would any broker pay to use a platform rigged against their clients if they were honest?
It confirms suspicions I've had for quite a while and I wouldn't be surprised if I was trading against that software on the AleccohFX platform last Thursday.
I think it's time to move away from MT4 trading completely now, but to what?
Bugsley
Bugsley, it's still a plugin ...It is up to the broker whether to use it or not, if the broker chooses to trade against you they will with or without the MT4 plugin. The plugin just makes life so much easier to some MT4 brokers, good for them.
The software producer is just providing features the customers/brokers want, it tells a lot about the fx brokerage industry.
Several of these review sites (incl. forexbastards, forexpeacearmy) have been shown to filter negative reviews where they have a vested interest, so are worthless. They also attract the paid pumpers - as does this thread, imo...
Forexbastards.com no longer exists independently. If you follow any links to reviews, forum postings, etc., you'll find them all moved into forexpeacearmy.com
I believe that I can categorically state that other than a high degree of curiosity about Aleccoh's efforts, the Forex Peace Army has absolutely no vested interest in his brokerage. Felix (FPA's founder) does have a favorite brokerage, he's been trading with them for some time, and has shown no inclination to change to another broker. As for filtering reviews, I'd be more than happy to debate some of the "evidence" of this filtering that is so prominently placed on a certain anti-Felix hate site, but won't do so in Aleccoh's thread.
Considering some of the problems that clients on the Swiss side have experienced, I am a little surprised and disappointed that more efforts haven't been made to maintain customer care there despite the problems of new Swiss regulations as well as the tremendous efforts that must be involved in opening a second brokerage in such a short time frame. I sincerely hope Aleccoh can resolve the issues there even though he no longer has direct legal control of that branch.
Personally, I still plan to open a small live account to test as soon as Aleccoh's USA branch goes online. I will be more than happy to share my unfiltered (and not paid for) experiences, both good and bad (hopefully, much more good than bad) here in this thread, on the Forex Peace Army website, and elsewhere in other forex forums.
I was comparising tick graphs for MIG and Aleccoh, and I see that Aleccoh have more volatil data. That's because it's unfiltered? the right one is Aleccoh.
Forexbastards.com no longer exists independently. If you follow any links to reviews, forum postings, etc., you'll find them all moved into forexpeacearmy.com
I believe that I can categorically state that other than a high degree of curiosity about Aleccoh's efforts, the Forex Peace Army has absolutely no vested interest in his brokerage. Felix (FPA's founder) does have a favorite brokerage, he's been trading with them for some time, and has shown no inclination to change to another broker. As for filtering reviews, I'd be more than happy to debate some of the "evidence" of this filtering that is so prominently placed on a certain anti-Felix hate site, but won't do so in Aleccoh's thread.
Considering some of the problems that clients on the Swiss side have experienced, I am a little surprised and disappointed that more efforts haven't been made to maintain customer care there despite the problems of new Swiss regulations as well as the tremendous efforts that must be involved in opening a second brokerage in such a short time frame. I sincerely hope Aleccoh can resolve the issues there even though he no longer has direct legal control of that branch.
Personally, I still plan to open a small live account to test as soon as Aleccoh's USA branch goes online. I will be more than happy to share my unfiltered (and not paid for) experiences, both good and bad (hopefully, much more good than bad) here in this thread, on the Forex Peace Army website, and elsewhere in other forex forums.
More than a rumour - I said it!
The only 'concrete' proof I have relate to is a Youtube video regarding forexbastards (maybe this is the anti-felix campaign you are referring to?) which if true, proves my point in at least one instance.
Personally, the 'real' proof as far as I am concerned, is that I am a Aleccohfx customer and have experienced first-hand everything I have highlighted in this thread (and more I cannot reveal for fear of account closure...)
One thing that I think most would now agree, is that Aleccohfx's initial offering has been a complete failure - a withdrawn scalping service, the no-slippage promise where people that complained about orders not being opened at newstime were told that they had not set enough slippage, completely artificial delays being introduced in order execution etc. These are all documented in this thread, still rarely get mentioned!
That said, though I withdrew most of my funds, I still have a small account - just waiting to see what the future hold, though I'm not holding my breath on this one...
The only 'concrete' proof I have relate to is a Youtube video regarding forexbastards (maybe this is the anti-felix campaign you are referring to?) which if true, proves my point in at least one instance.
Personally, the 'real' proof as far as I am concerned, is that I am a Aleccohfx customer and have experienced first-hand everything I have highlighted in this thread (and more I cannot reveal for fear of account closure...)
One thing that I think most would now agree, is that Aleccohfx's initial offering has been a complete failure - a withdrawn scalping service, the no-slippage promise where people that complained about orders not being opened at newstime were told that they had not set enough slippage, completely artificial delays being introduced in order execution etc. These are all documented in this thread, still rarely get mentioned!
That said, though I withdrew most of my funds, I still have a small account - just waiting to see what the future hold, though I'm not holding my breath on this one...
Did you make your withdraw recently? How could I withdraw my money? I just tried to contact them by all means including Roger@aleccohfx.com , but no reply for a long time. I deeply regret openning an account with them.
Did you make your withdraw recently? How could I withdraw my money? I just tried to contact them by all means including Roger@aleccohfx.com , but no reply for a long time. I deeply regret openning an account with them.
No, I withdrew most of my money about 2 months ago - the abysmal Managed Account trading I witnessed was the final straw!
Most people now realise there is no such thing as a free lunch ,or free 200 pips as the title of this thread suggests.
One could have lost 200 pips ,so where do u get the first 200 pips from?
OILFXPRO
No, the 200 pips is completely genuine. That is the beauty of it - most are completely mesmerised by the number, forgetting that all it equates to is a paltry $2 bucks!!! This 'freebie' offering is not scale-independent, meaning you cannot just ask for Standard lots trading instead of nano-lots - well you can, but they won't do it, and they won't do it 'cos they know it would blow your account, which is not what the PR stunt is aiming to achieve!
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