I definitely agree with you - I am not sure why FX websites are usually taking big short term payments from cheating brokers - if traders are scammed by the cheating brokers and came to the broker from the FX website, then they will be probably ...

Reality of FOREX: my experience with brokers + share yours

Welcome here - how the broker is called? You probably didn´t save any statement from MT4 / screenshots, right? Deleting the whole account history is pretty scamming.

Reality of FOREX: my experience with brokers + share yours

I've got no words - did they close your trades during this?

Reality of FOREX: my experience with brokers + share yours

ETX added to the scam alert list. Do other traders have the same experience with LCG? "Yesyoucan" already mentioned that he found similar issues with LCG like with ETX. They offer % deposit bonuses so I would expect those issues with LCG.

Reality of FOREX: my experience with brokers + share yours

I definitely agree that he should go somewhere else, but not many traders know that sometimes it is even possible to get the money from scamming brokers back. Of course, you have to prove that they cheated you, but with today's cheap scamming ...

Reality of FOREX: my experience with brokers + share yours

Frankly, I personally don't trust those astronomical results on real account. Most of the top performing (like doing XXXXXXXX% per year) "real accounts" at myfxbook, fx blue or any other services are fakes. I've seen so many traders who just agreed ...

Reality of FOREX: my experience with brokers + share yours

Hello, it would be the best if you can provide the screenshot or statement with the exact numbers about the trades / where you get executed etc. Then I can check if ETX did some dirty practices like huge slippage or executed your SLs even if the ...

Reality of FOREX: my experience with brokers + share yours

I agree on this, fortunately I don't have a real account with them, but I did some close research - from their website / offer to experience of other traders over the internet and it seems like they are far from being a fair / professional brokerage. ...

Reality of FOREX: my experience with brokers + share yours

Interesting - it seems like a lot of is happening with ATC.. By the way, I trade with the brokers who allow non-FIFO / hedging, so I didn't solve similar things - so if they don't allow non-FIFO / hedging, isn't it possible to just open two ...

Reality of FOREX: my experience with brokers + share yours

Yep, I definitely agree - that's why I also created this thread - to sort brokers and warn against the bad ones. I didn't record the youtube video - I've just found & share it. So the complaint should do someone with real account at ETX who was ...

Reality of FOREX: my experience with brokers + share yours

Hello - I personally do wire transfers for deposits / withdrawals both with Axiory and Swissquote, but I believe that Axiory has the e-wallets option.

Reality of FOREX: my experience with brokers + share yours

Well I probably found what happens when you start making profits with ETX. video ETX offers binary options - this is not the real market, it's just for scamming traders. Also it's another broker who offers $600 per new client to their IBs and this ...

Reality of FOREX: my experience with brokers + share yours

Yep, we'll see - I am watching ATC closely for a longer time and they had some issues, also I didn't like them that much due to their connection to FXCM, but still I consider ATC to be one of the better choices, maybe now with IB they could become ...

Reality of FOREX: my experience with brokers + share yours

Hi Fedricks, I absolutely understand your thoughts. But frankly, they are far from a professional broker. Their registration in St. Vincent and the Grenadines also doesn't bring any more trust. As I already wrote here and provided links, there are ...

Reality of FOREX: my experience with brokers + share yours

I agree that spreads can be predicted in some way - simply avoid trading news. Oanda is a trustworthy in a matter of processing withdrawals, but their trading conditions / technologies are very poor based on my experience / opinion. You can also see ...

Reality of FOREX: my experience with brokers + share yours

Could you please provide some more details on this? Like what orders type (pending or market) were you placing / when (news / except news) / and what slippage did you get? I am sorry if I am asking too much, it would be just interesting to compare ...

Reality of FOREX: my experience with brokers + share yours

Do you trade by placing pending orders only (like buy / sell stop / limit orders + S/L and P/T) or do you place market orders too (like opening / closing trades manually)?

Reality of FOREX: my experience with brokers + share yours

I definitely agree, the spot FX has its own advantages - especially the liquidity advantage as you mentioned. For EU traders I don't see many reasons why to trade futures rather than the spot FX. For US traders, I hope that it's just a matter of ...

Reality of FOREX: my experience with brokers + share yours

Well futures have some significant disadvantages too - like a central regulated exchange where all the trading happens, lack of liquidity etc. Below I found a nice chart from BIS where you can see daily FX market turnover by instrument (futures are ...

Reality of FOREX: my experience with brokers + share yours

Yep, different server times can cause different shapes of candles / bars. And were their real spreads the same like they stated at their website or are they widening their spreads during trading / executing orders. Also are they delaying orders ...

Reality of FOREX: my experience with brokers + share yours