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wirth no-forex.com I learned all possible ways to lose your money:
1) ASK < BID (SELL>BUY) !!!!! See EUR/USD (this was just trick to trigger my to open order)
2) They deleted my Stop loss orders
3) they claimed to have 3 pips fixed spread, but wided it up to 9 pips.
....
I got no explanation from them on these 3 cases.
But there were several other cases like that ...
Everybody worries aout spread blah blah blah. Forget it! If you cant' make money with currencies 4 pip spread then you won't make it with zero.
As the correct questions -
1) Are they known for running stops?
2) Whats the customer service like?
3) How manyliquidity providers do they have in their stable?
4) Can I reach the dealing desk quickly if my tradestation connection craps out?
5) How are they with slippage in fast markets and do they honor limits on it?
6) If I do have a complaint, will they at least listen?
7) Do my orders get routed through broker or are they direct automation through server?
8) Now you can ask about spreads....
FXDD is good on all of those.....and no...I do not work for them.
I have been with FXCM and for heavens sake, DO NOT USE THEM EVER!
All brokers or almost all of them want your money. They are here to win all the money you have in your account. FOREX is a non-regulated market and they can do whatever you want. Yes, I said "whatever".
They love technical traders with fancy and colored indicators. They know they will lose all they have sooner than later.
And you could think: "why, don't they have enough with the spread?"
No. They want all your money.
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.
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