I wonder if traders are rather watching the Miss Dukascopy pictures than placing orders with them

Reality of FOREX: my experience with brokers + share yours

Thanks for posting this - there is more truth in your post than usual trader can imagine. Could you provide us here more information about the Australian broker that you were dealing with and be little bit more specific?

Reality of FOREX: my experience with brokers + share yours

Ok, I understand - you are right - with 0,01 lot there should not be much of slippage, but in higher volumes there will be probably more difference.

Reality of FOREX: my experience with brokers + share yours

Hello, I am happy to hear that you have no issues so far with HotForex. However, Hotforex execution of orders is a very poor-quality. Here is some thread about HotForex at FF. By the way if I mark brokers to be avoided, then it doesn't mean that the ...

Reality of FOREX: my experience with brokers + share yours

Dukascopy Europe is probably regulated by FCMC - FKTK - regulator in Latvia - from what I've heard Dukascopy Bank are running the same people with only some lawyers in Switzerland who are keeping the Swiss banking license.

Reality of FOREX: my experience with brokers + share yours

As already mentioned here, it's definitely better to go with Dukascopy Switzerland, but I would be pretty cautious with Dukas as they offer binary options and deposit bonuses. If you will take a look over this thread at brokers with bad experience, ...

Reality of FOREX: my experience with brokers + share yours

That's a very good idea! You will see for yourself how different results you will achieve and what broker will suit your trading strategy / style the best.

Reality of FOREX: my experience with brokers + share yours

I definitely agree with this - I think that the US has a great potential for new fair brokers and I hope that someone will come there to make the business work for retail traders too - there will always be profitable and loosing traders, educated ...

Reality of FOREX: my experience with brokers + share yours

Well I personally don't consider xm to be a trustworthy broker - take a look at the first post. So it seems like FP markets has some different data feed, but so far you are satisfied with their orders execution / slippage / servers stability etc. - ...

Reality of FOREX: my experience with brokers + share yours

Well that's the problem little bit - with the market orders you can't measure slippage if you don't have any special software for that purpose. For brokers who want to increase the slippage artificially, you simply click BUY button and they execute ...

Reality of FOREX: my experience with brokers + share yours

Correct, profitable retail FX traders exist - it's just about putting all the important puzzles together.

Reality of FOREX: my experience with brokers + share yours

Yes, I definitely agree with the fake PAMM accounts that come from the brokers itself - regulators are doing a lot of nonsense things, instead of regulating and stopping these fake offers that harm investors. As far as I've seen traders can't ...

Reality of FOREX: my experience with brokers + share yours

Hi Soroushno, interesting story.. the money management and especially the risk management is extremely important - wise leverage using and volume per trades determination is a part of that - it seems like you've explored this on your real account. ...

Reality of FOREX: my experience with brokers + share yours

Yep, the spike is just ridiculous - this can't happen to professional broker, it is definitely better to avoid them and find some true ECN/STP who doesn't do the cheap tricks.

Reality of FOREX: my experience with brokers + share yours

Yes, that´s how a lot of today´s brokers work. Do you have any real experience with FP markets or are you just comparing data between various sources?

Reality of FOREX: my experience with brokers + share yours

Yep, they should regulate all those slippages / widened spreads / should verify if the companies claiming to be true ECN / STP have really more liquidity providers and not doing any dirty practices with them / close the bucket shops. But those ...

Reality of FOREX: my experience with brokers + share yours

Welcome here - as long as the broker that I trade with is fair and execute orders without any conflicts of interests - the latency doesn´t matter that much for me and for my trading strategy.

Reality of FOREX: my experience with brokers + share yours

That´s terrible! Synergy added to the list of cheaters at the first page. I would recommend you to consider making a complaint against them at their regulator plus your local regulator etc. (more here) as this is simply unacceptable and I think that ...

Reality of FOREX: my experience with brokers + share yours

Good idea - of course, most brokers offer MT4 and most traders trade with MT4 - maybe it´s not the most professional trading platform, but it´s easy to use and as long as there is a quality liquidity / fast servers without any artificial delays - it ...

Reality of FOREX: my experience with brokers + share yours

I am sorry to see you little bit disappointed. The more traders are coming in to this forum and share their experience here, the more we can see how many brokers are scamming and cheating traders every day - and revealing the reality of forex. Most ...

Reality of FOREX: my experience with brokers + share yours