Dear XM, trust me that this question make sense, because all MM brokers I've ever traded, changed trading conditions when account was growing fast, even though accounts weren't big. Stop loss hunting, requotes, platform freezing, platforms errors, ...

XM

XM, now we can move to more important question. Let's assume that somebody makes $1000 deposit, trades with high leverage, generates 10 million profit in one month and withdraws all profit. Would you kick out that trader? It can be dangerous loss ...

XM

Finally, this is answer for my question...

XM

How can you tell me that big order and lack of liquidity don't create slippage? There are some screenshots from this website url that show top of the book of LMAX (1lot is 10000 notional value, not 100000 as always). As you can see 1M causes 0,1 ...

XM

So again, my order can cause slippage due to lack of liquidity even though you are MM? It's obvious that 0,1 lot will not move market, but 50 lots can (you allow only 50 lots per trade, why?). What is average liquidity on majors at first bid and ...

XM

I know how slippage works, but on demo account there's usually no slippage at all. Moreover big orders cause slippage by itself. XM allows max 50 lots orders, so I understand that 50 lots order doesn't cause slippage, right? For example: Buy order ...

XM

I'm sure that you also heard million times "don't cross the street on red light especially during rush hour", but it's really make sense if don't want to be killed. It's the same as not trading during important news if you are short time trader.

Why do brokers like cheating us? What happened to my account

I'm glad that I could help

Why do brokers like cheating us? What happened to my account

Ok, lesson 1: Candles reflect bid price NOT ASK. Lesson 2: Never leave open position before important news. Lesson 3: Trade price action, not " I can't close my trade, because it's in loss", this is bullshit, you should have closed this trade before ...

Why do brokers like cheating us? What happened to my account

STOP LOSS ORDER WHEN YOU HAVE SHORT POSITION IS BUY ORDER WHICH IS EXECUTED AT ASK PRICE!!!!!!!! Everything is ok, nobody cheated you, you just don't know how market works. Look at screenshot from myfxbook with GBPJPY spreads during FOMC. It's ...

Why do brokers like cheating us? What happened to my account

What about slippage? Do stop orders have slippage on demo the same as on live? Can I buy or sell 50 lots (market order on live account) anytime without causing slippage?

XM

Of course, it's variable, read agreement. After first NFP they would go bankrupt if long and short positions insurance costed only 27,2 pip. I would set both sides take profit 40 pip before NFP every month

Can you really cancel a losing trade? Anybody tried this?

It will be so expensive before big events, that trader won't earn nothing. I think insurance before NFP will raise to 100 pip Before Brexit election 500 pip and so on This option is marketing gimmick and it's for broker, not trader, this is ...

Can you really cancel a losing trade? Anybody tried this?

meyoik, as you can see in the picture, if you open 0,35 lot EUR/USD you pay 38.26GBP ( 47,63 USD) which is 13,6 pip, this is cost of your insurance. You have only one hour to cancel your trade. If your trade went wrong and you have 30 pip loss it ...

Can you really cancel a losing trade? Anybody tried this?

That is strange, it should be executed. Write directly to XM support. Now price is above your stop loss, do you have still opened position? Moreover, there's good PA for bigger upper move. Good luck

XM

Second situation is absolutely normal. Due to important data release market moves fast and you order can be executed after first tick.

XM

Well said I can add that deposit bonus can attract only newbies that have never traded or always lose money. If I see any deposit percentage bonus, I know that broker is market maker that want take whole deposit. Moreover it's not easy to test ...

Do You Think Only Bad Brokers Give Out Bonuses?

Forex.com is trademark of Gain Capital and it's regulated by CFTC and is member of NFA. url

FXCM and CEO Drew Niv banned from US market by CFTC

Don't worry about your funds, you can withdraw it now if you don't want to trade with scam broker Forex.com in the future. There will be clients migration from fxcm to forex.com, so if you leave it, your funds will be transferred to forex.com ...

FXCM and CEO Drew Niv banned from US market by CFTC

After opening I must admit that market reacted pretty good, less than 50% fall. I think it will manage to defend $3 per share level. However, buying these stocks is really risky

FXCM and CEO Drew Niv banned from US market by CFTC