Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Was anyone here Trading AUDJPY at IKON ROYAL this morning during the 8:30 AM EST News Event. I had a trade open from last night and they took out my stop which was more than 40 pips away from the price shown on my chart and are telling me that spreads increased so much that my stop was hit.
Did anyone notice how much spreads actually increased at that time?
since their acquistion by ikon their spreads have become wild. it is impossible to trade when your price has a 50 pips range every few seconds. i immediately stopped trading when i saw that and closed my account.
hi,
i was trading with them a live account, and it was a big account, i noticed they sometimes increasing the spread in very crazy way even if there is no news, once they hit my stop at the GJ when they increased the spread to 80 pips !!
and the GU reached 40 pips sometimes !!
besides they was stealing a extra 1 pip + there spread, and many dirty things, they are nothing just a punch of thieves .
STAY AWAY!!
__________________
"I'd rather be "out" of a trade and wishing I was "in" than "in" a trade and wishing I was "out"
I've been with Ikon for a long time and have no complaints. The spreads you see widening and fluctuating wildly are a result of the market not Ikon, they are just relaying price. You can look at any of the spreads on other brokers and they are the same if not worse.
Spreads are a function of overall market liquidity. Right now because of the world economy there isn't as many traders who are buying and selling.
In general, during non-standard trading hours such as weekends, spreads are widened to reflect illiquidity in the market. Likewise, during periods of high volatility, such as news events, spreads may be widened temporarily to respond to liquidity issues in the market.
Ultimately, forex prices today are dictated by the forex interbank market, where spreads are variable depending on current liquidity, volume and ticket size.
Definition of Liquidity: The ability of a market to accept large transactions. A function of volume and activity in a market. It is the efficiency and cost effectiveness with which positions can be traded and orders executed. A more liquid market will provide more frequent price quotes at a smaller bid/ask spread.
I've been with Ikon for a long time and have no complaints. The spreads you see widening and fluctuating wildly are a result of the market not Ikon, they are just relaying price. You can look at any of the spreads on other brokers and they are the same if not worse.
Spreads are a function of overall market liquidity. Right now because of the world economy there isn't as many traders who are buying and selling.
In general, during non-standard trading hours such as weekends, spreads are widened to reflect illiquidity in the market. Likewise, during periods of high volatility, such as news events, spreads may be widened temporarily to respond to liquidity issues in the market.
Ultimately, forex prices today are dictated by the forex interbank market, where spreads are variable depending on current liquidity, volume and ticket size.
Definition of Liquidity: The ability of a market to accept large transactions. A function of volume and activity in a market. It is the efficiency and cost effectiveness with which positions can be traded and orders executed. A more liquid market will provide more frequent price quotes at a smaller bid/ask spread.
I have a live account in Ikon. The spead is both the advantage and disadvantage of it. In the Asia session, the spread is widened. But in the Euro and US session, it is OK.
I saw once the GBP/CAD spread more than 100 pips, which really impressed me.
Linear Mode
