Welcome here Ashkan.. saxo are just cheaters - just do a little research about SNB event, how they behaved after it. In normal trading you will get negative slippages with saxo all the time. Saxo is a big NO.

Reality of FOREX: my experience with brokers + share yours

Could you please upload the video shoot out here? It would be interesting to see. Also please let us know here if there will be some interesting reply from Pepperstone - are you also asking them to refund something?

Reality of FOREX: my experience with brokers + share yours

I´ve heard that some Japanese brokers are sending to their clients food etc. as bonuses - so traders don´t have to step up from their computers and just trade If there is someone from Japan, is this correct? Girls service as deposit bonuses ...

Reality of FOREX: my experience with brokers + share yours

By DMM do you mean DMM FX - Australia? It seems like they are already closed.

Reality of FOREX: my experience with brokers + share yours

sounds like a dream brokerage well if you reverse it to something like "your account managers can call phone girls that are appointed to entertain them." - that´s how it works in most of brokers now

Reality of FOREX: my experience with brokers + share yours

Interesting, it just freezes and you can do nothing, right? For how long does it usually freeze? From the beginning, I am hearing pretty mixed experience with Pepperstone, for some traders they are absolutely ok, but on the other side I´ve found ...

Reality of FOREX: my experience with brokers + share yours

I have to fully agree with this - news trading is a story on its own. But still, there are plenty of profits to be made outside of news. And I´ve experienced and saw a lot of brokers who executed just every single order terribly and there was not ...

Reality of FOREX: my experience with brokers + share yours

Thanks for your post. How long have you been trading with them? Do you trade on a real account? Also what do you mean by optimum execution of orders? Like you get both positive and negative slippage and in the long-term the slippage you get is ...

Reality of FOREX: my experience with brokers + share yours

Pepperstone is little bit mixed, generally, it´s a good broker without any scamming offers. Usually, traders complain only about their execution during news trading, but during news trading you will get worse execution with every broker. I ...

Reality of FOREX: my experience with brokers + share yours

Yep, you are most probably correct that your bank provides you the leverage and they probably act as a MM and hedge their orders with other liquidity providers. I wouldn´t rather say that a bank itself or banking license is a guarantee of fair ...

Reality of FOREX: my experience with brokers + share yours

Thanks msqtrader! I appreciate your feedback! Well traders usually read everywhere that if they loose, it´s only their own fault because of their bad decisions. This was discussed quite a lot in this thread - it is true in case of a lot of traders. ...

Reality of FOREX: my experience with brokers + share yours

Correct, psychology matters a lot.. it's more about the psychology, controlling yourself, managing money / accepting risks and let your profits run than intelligence - as you wrote. EAs can help with the psychology and self-control a lot.

Reality of FOREX: my experience with brokers + share yours

Yep, brokers are probably not the main reason, but can do and influence a lot. Just count for yourself, if you have with the fair broker with neutral slippage in the long-term, so you have the trading costs something like 1 pip. But with the ...

Reality of FOREX: my experience with brokers + share yours

Thanks for your interesting post. I agree that it is not personal and no one is watching any account of any trader and moving market for 100 pips to hit his Stop-Losses. But following your post, you should consider two things: A) there are about ...

Reality of FOREX: my experience with brokers + share yours

Lol, after reading their response - it seems like you are paying them when you log in to your account or your MT4 sync with their servers I've never seen similar response from a broker before

Reality of FOREX: my experience with brokers + share yours

Absolutely agree - there are no free money. The fact is that the bonuses are not withdraw-able and everything go to the b-book of the broker. So don't know why they let traders to loose all, the brokers would get all the money just little bit later. ...

Reality of FOREX: my experience with brokers + share yours

Thanks for sharing! Could you provide us with little more background? What are all those "balance updates"? If I understand it right, you opened and closed all the trades manually, correct? (no order was executed at SL or TP). Also the three trades ...

Reality of FOREX: my experience with brokers + share yours

If my experience is not enough for you, just read through other threads at FF here, here, here, you fill also find a lot of discussion here. Or ask other traders in this thread - they will share their experience too. Anyway, if you are making ...

Reality of FOREX: my experience with brokers + share yours

Some traders mentioned here that Interactive Brokers is restricting the spot fx trading somehow, aren't they? But I am not sure if they were talking about US restrictions only or for all traders.

Reality of FOREX: my experience with brokers + share yours

What about classical options contracts? (of course, not the binary type) - I don't have much experience here, but it can be another way to consider.

Reality of FOREX: my experience with brokers + share yours