at 14 december forex.com took over the clients of velocity4x.

Since then they try to force us to use their properity platform (non MT 4).

Yesterday they lowered the increments on their pricefeed.
Before 1 pip was 0.0001 and now suddenly 1 pip is 0.00001.

This is causing huge losses when you use an EA.

All their adjustment they do without any prior notice to their clients.

Anyone has the same experiences with them?

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Why forex.com took over the clients of velocity4x?

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Forex Indicators Collection

Some news was posted here.

Sometimes "partnership" refer to "This company was sell to..." or "This company is now property of..."

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Having the same exact problems as you noticed last night spread was 24 on eur/usd contacted them they're reply was it is a fractional spread instead of fixed spread asked them how about me having any say in this since it is my account, and my say is going back to fixed spread their reply was will stay as fractional spread until further notice. Now only if I knew what fractional spread was.


tools

I think a combination of 3 things:

1/ velocities main liquidy provider (forex liquidity llc) went bankrupt beginning december.

2/ The NFA fined them big times about claims made in june.

3/ They didn't met the increased capital requirements

Conclusion:

I was satisfied with velocity4x and had no issues with them in the 2 years I had live accounts with them.

With forex.com I had in 1 month more issues then I ever had with all brokers I use together.
At first I was happy that a big broker was going to use metatrader 4, but when all mergers will be like this I don't think MT4 has a bright future.

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This is their explanation
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At FOREX.com you'll now have access to some of the tightest spreads in the business. Fractional pricing allows you to trade on dealing spreads - as low as 1-2 pips - on the most widely traded currency pairs.

Plus, you can enter orders at any price - even inside the spread - and trade around news events, major economic announcements and other times of high market volatility.

Fractional pricing is always market driven. Using our proprietary rate engine, we aggregate prices from some of the world's leading FX banks, in real-time. Because quotes are derived directly from bank prices, dealing spreads will fluctuate to reflect available Forex market liquidity.




With an average of $100 billion in monthly volume and strong liquidity relationships with some of the world's largest FX banks, we are able to pass along the benefits of our size and volume to you in the form of tighter spreads and quality fills. Because quotes are derived directly from bank prices, dealing spreads will fluctuate to reflect available market liquidity
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In practise that means they can screw us whenever they want I guess

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forex.com is a BIG SCAM, stay away from them!

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I have heard many users complain about forex.com, on that basis, plus the fact they're non MT4, non ECN, I wouldn't trade with them.

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Ash's Signals

why scam ?

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Charting Markets into the Future...
MaҖ€¥.

Velocity4x that they took over was MT4.
So partual they are MT4.

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Increase your results dramatically by buying the right values at the right prices.