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  #201 (permalink)  
Old 07-29-2009, 09:29 PM
rossiya's Avatar
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Odd Price Spike

Quote:
Originally Posted by ejoi View Post
Checkout the long wicks zoom in and zoom out.... its happening in front of my own eyes. This broker is tearing you apart into pieces.
I also had a 'technical defect' as well at my BUY STOP 1.4283 EURUSD while the market crested at 1.4275.
Basically ForexLite sold me 10.89 lots at 1.4283 making themselves and instant profit of 8 pips. Eight pips
out of my pocket, not the market. I thought I was supposed to be trading the market, not the broker's mini-market
with spiked pricing. That's not what a broker is supposed to do. Meanwhile I was correct on the trend with the EURUSD
two days later at 1.4032 [almost 300 pips], but after their equity drawdown on this fakeout and the lost equity of the
20 pips that short would have made, I'm off the playing field.

Basically you are forced by high-leverage to have tight stops, and yet their system spots tight regions where they
can sell you something at a higer price and they do it. Meanwhile I doubt they would jump on a BUY LIMIT of 1.4270
when the market crested at 1.4275, because they would be discounting the EURUSD in that case.

So bascially I'm forced to use tight stops due to high leverage, but they cash in on those tight stops where they can
sell to me at a higher price. We both lose because my position was correct and would have made 300 pips in 24 hours.
I can't do that though, when they stop out my entry positions.

On the graph you will see the price spike for that minute bar at 1.4282. Yet no other broker I know has a price that high
for minute bar 28Jul09 13:04, not even other Russian brokers. Moreover usually LiteForex is 4 pips lower on the EURUSD pair.
Attached Images
File Type: png 8 pip spike 28jul09 13.04.png (28.9 KB, 149 views)
File Type: png nonspike.png (49.5 KB, 145 views)

Last edited by rossiya; 07-29-2009 at 10:29 PM.
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  #202 (permalink)  
Old 08-03-2009, 07:18 AM
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These graphics not LiteForex.

LiteForex company has celebrated 4 years of activity

On July 4th 2009 LiteForex group of companies has celebrated 4 years of business activity. This year's public event tried to cherish a tradition of the company by organizing and sponsoring a childrens party called Birthday all the year round in Guryevsk. Guryevsk is a town in Kaliningrad region.
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On July 4th 2009 the Guryevsk central park became an entertainment center for children. There were trampolines, outdoor candy shops, clowns, magicians, animators and karaoke working for young visitors from midday.
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In addition to different competitions and activities there was a concert of six hours where the best children entertainers from all around the region were. The host of the concert were Princess Jasmine and Aladdin. The young guests could not only enjoy the show but also take part in it on the second stage they could perform themselves: sing a favourite song or read a poem by heart.
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Guryevsk havent had any of such events lately - Yuriy Voloshin, director-general of the Trend Line LLC, representing LiteForex in Russia and the CIS countries area, comments. That is what upsets me the most. In this tough days it is so important to help other people especially if we are talking about kids. As a father myself I can say: we are working so hard to have a better future, and our future is our kids. I see all this kids here today having fun and a happy smile of my son and realize there is no better joy for me.
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Not only children from Guryevsk could enjoy the event. There were special bus routes organized so that many little "inhabitants" of Kaliningrad shared the fun of the day.
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In the evening after Chelsi popular group acted on stage there was a beautiful fireworks. It was a present for the kids who are adults already but still waiting for a miracle. A miracle it was the hole day filled with joy and magic.

About the company:
Straighthold Investment Group, Inc. along with United World Capital, Ltd., are presented under the well known LiteForex trade mark and thus are the part of the LiteForex group of companies. Placing financial active assets on the Forex international currency market, on world Stock Markets, on precious metals and Futures markets as well as providing brokerage services and insurance services are among the basic activity directions of the LiteForex group of companies.
LiteForex company website Forex world | LiteForex



P.S More photos Акции фотогалерея | Иванов Дмитрий Вячеславович
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  #203 (permalink)  
Old 08-04-2009, 02:29 PM
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Forex tools an integrated set of trading instruments is now available in English for LiteForex company clients.

LiteForex group of companies offers to its clients a new opportunity to improve their trading systems using the latest practical groundworks in the field of MQL language programming. By January 2009 a set of financial instruments had become available for Russian-speaking clients. Now LiteForex is glad to announce that English-speaking clients as well are able to use the advantages of a new software.

ForexTask.com independent traders forum is actively used by LiteForex group of companies as a platform for a communication with its English-speaking clients. Today ForexTask.com introduces more than 10 professional software products that can be used in Forex trading. Indicators and expert advisors were specially made for Forex market traders working with the Metatrader 4 terminal of the Metaquotes company and are a part of a Forextools financial instruments set. Forextools is a result of a teamwork of a programmer Sergey Khravchuk and a group of traders. It was their trading schemes and strategies description that became the basis for this software development.
All the instruments - and there are about ten instruments presented nowadays were tested in live Forex trading. They are at public access in our forum section - Forex Forum | forex club | metatrader -> ForexTools - a complex tooling of the trader.
Such an option to combine more than twenty different instruments is already taken by our Russian-speaking clients, - Dmitriy Ivanov, LiteForex group of companies development manager, explains. More than 700 unique software packages were already provided to the traders. When we realized how popular the package had become we decided that it should be available for our English-speaking clients. ForexTask.com yet does not contain a complete ForexTools set. There are only ten or more instruments ready for use right now. Currently we are working on its language adaptation. So soon it will be exactly the same as its Russian variant.
This set is special because of its exclusiveness each instrument was created form scratch that is what guarantees an absolute individuality of each component. Each instrument is effective both in individual usage and in combination with any other instrument from the provided list the whole set is performed by the author as a united package of opportunities supplementing each other.
To obtain the possibility to use the set in real trade a participant need to receive a personal license for a product usage. For LiteForex clients its absolutely free to obtain this license and its a completely simplified process.
On our forum branch (How To Get A Free Personal License - Forex Forum | forex club | metatrader) you can ask our programmer a question or place an order for a license specifying:
1) Number of your trading account;
2) Type of your trading account (Lite or Real);
3) Chosen component(s) of the package (the one you need a license for)
For those traders who are not LiteForex clients there is also a way to obtain the license for fee on a developers website FOREXTools - Начало.

About the company:
Straighthold Investment Group, Inc. along with United World Capital, Ltd., are presented under the well known LiteForex trade mark and thus are the part of the LiteForex group of companies. Placing financial active assets on the Forex international currency market, on world Stock Markets, on precious metals and Futures markets as well as providing brokerage services and insurance services are among the basic activity directions of the LiteForex group of companies.
LiteForex company website Forex world | LiteForex
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  #204 (permalink)  
Old 08-11-2009, 05:11 PM
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If I am given options to fund account with lite forex or to burn that money all together, I would do the second one.
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  #205 (permalink)  
Old 08-20-2009, 01:34 PM
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I have chosen Forex, and is very pleased.
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  #206 (permalink)  
Old 09-05-2009, 11:55 AM
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LiteForex gives out $1000 into the safe hands.

Within the scope of new series of autumn bonus and competitive programs having starting in September the LiteForex group of companies carries out a promotion Wanted: safe hands for $1000 among its clients from September 1st to October 30th 2009 inclusive.

According to promotion conditions anyone can participate. You just need to open a trading account (if you dont have it) during the promotion period, then to deposit no less than US$ 5000 and execute no less than 10 effective (with the result that differs from zero) deals.

An outstanding feature of this promotion is that client can withdraw a bonus sum from his/her account without any restrictions, Yuriy Voloshin, director-general of the Trend Line LLC, representing LiteForex in Russia and the CIS countries area, comments. In this case a process of trading itself does not depend on promotion conditions, it remains usual and individualized to the full for our clients.
Every week during the promotion period (from 1st September to 30th October) one winner will be defined by random selection. Each winner will receive US$ 1000.

More detailed promotion conditions concerning trading account requirements are published on the company official website Forex world | LiteForex and is available for everybody willing to learn more.

About the company:
Straighthold Investment Group, Inc. is presented under the well known LiteForex trade mark and thus is a part of the LiteForex group of companies. Placing financial active assets on the Forex international currency market, on world Stock Markets, on precious metals and Futures markets as well as providing brokerage services are among the basic activity directions of the LiteForex group of companies.
LiteForex company website Forex world | LiteForex
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  #207 (permalink)  
Old 09-17-2009, 09:28 AM
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rossiya, yes, what you've described migh have occured due to technical problems, however we try not to allow it happen again
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  #208 (permalink)  
Old 09-21-2009, 12:42 PM
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They have Live chat support, now. As far as I know.
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  #209 (permalink)  
Old 09-21-2009, 01:19 PM
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TombRaider, yes they do have. You can contact live support visiting the web site, particularly live chat
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  #210 (permalink)  
Old 09-24-2009, 07:38 AM
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I spoke with them. Very pleasant female voice.
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