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  • #3,681
  • Nov 7, 2011 11:07am Nov 7, 2011 11:07am
im getting 4-5 pips spread rate for GBPUSD

bcuz of DST turned off or Euro issues?
maybe go markets losing money =)
  • #3,682
  • Nov 7, 2011 11:36am Nov 7, 2011 11:36am
Quoting genyue
im getting 4-5 pips spread rate for GBPUSD

bcuz of DST turned off or Euro issues?
maybe go markets losing money =)
All day GoM has had higher spreads than other stp brokers. Nothing to do with dst.
  • #3,683
  • Nov 7, 2011 12:46pm Nov 7, 2011 12:46pm
Chris, what's the problem?

The spreads did not start out competitive to other stp brokers and even worsened during the European and especially the NY session. As you know 4p spread across the majors is a huge deal when others got 1.3-1.9, this is a pretty big 'teething' issue.
  • #3,684
  • Edited 2:51pm Nov 7, 2011 1:47pm | Edited 2:51pm
Quoting jeanlouie
Chris, what's the problem?

The spreads did not start out competitive to other stp brokers and even worsened during the European and especially the NY session. As you know 4p spread across the majors is a huge deal when others got 1.3-1.9, this is a pretty big 'teething' issue.
Yep very ordinary so far. My execution speeds have worsened, spread is far worse than what it used to be and now we get slippage thrown in too. Was having good success with GO and a particular EA, but I think we can safely say that is dead now. Already have accounts with other aussie brokers and now I will probably be moving funds out of GO unless they improve quickly. Not really good enough.
  • #3,685
  • Nov 7, 2011 2:05pm Nov 7, 2011 2:05pm
Chris and GoM team,

Seriously we need an explanation here. The lack of communication here is deafening. I would have thought that on the first night of the new LP go markets would have had a representative available during Europe/US session to help clarify any issues.

The only response I got from GoM was from the support chat channel in which they responded with 'same with me' when i indicated to them that i thought the current spreads levels were scary.

Not good enough guys.
  • #3,686
  • Nov 7, 2011 2:11pm Nov 7, 2011 2:11pm
Everything in this world is changing.
Change from the bad one to a good one which is good BUT changing from the GOod one to a bad one is not GOod.
  • #3,687
  • Nov 7, 2011 3:18pm Nov 7, 2011 3:18pm
Quoting leerees
May I ask you guys which Aussie broker you would recommend for 1 pips on eur/usd and under 400ms execution? I'm thinking either LMAX or FXPIG they seem to have great spread on the GBP/USD aswell so I can start trading that again.
Another broker well worth a look is Think Forex. They aren't an Aussie broker, but are based in NZ and offer AUD as a base currency (along with the other usuals). During London and NY they have spreads of 1.0 - 1.5 for EUR/USD, and most of the rest of the day are pretty good. They also offer a free VPS.

I have been using them for a couple of months or so and have found them to be very good. I kept my Go account, but moved the majority of my funds to Think. I can't see that changing, with all these issues!! Worth a look if you are thinking of changing.
  • #3,688
  • Nov 7, 2011 3:59pm Nov 7, 2011 3:59pm
Very good! 22.5 pips of spread on EURUSD and GBPUSD just now.
Surely will be named "safe spread" .....
  • #3,689
  • Nov 7, 2011 4:01pm Nov 7, 2011 4:01pm
Amazing, the spread is widened in the middle of real price, so also Bid is different.
So also bars are painted strange.
  • #3,690
  • Nov 7, 2011 4:11pm Nov 7, 2011 4:11pm
Quoting positiveday
Amazing, the spread is widened in the middle of real price, so also Bid is different.
So also bars are painted strange.
this is amazing 11.0 spread on usdchf just now as i write this ..
  • #3,691
  • Nov 7, 2011 4:13pm Nov 7, 2011 4:13pm
Originally Posted by leerees http://www.forexfactory.com/images/buttons/viewpost.gif
May I ask you guys which Aussie broker you would recommend for 1 pips on eur/usd and under 400ms execution? I'm thinking either LMAX or FXPIG they seem to have great spread on the GBP/USD aswell so I can start trading that again.

----------------------------------------------

You can try the new CMC tracker plataform. EUR/USD spread is around 0.7 Pips during Euro and US trading sesions.

http://www.cmcmarkets.com.au/
  • #3,692
  • Nov 7, 2011 4:13pm Nov 7, 2011 4:13pm
Just looked:
Spreads as I write this...

EurUsd: 11.8
UsdChf: 12.8
Cable: 6.5
UsdCad: 9.4

This is un tradable.....Whats going on.????
  • #3,693
  • Nov 7, 2011 5:01pm Nov 7, 2011 5:01pm
what happened?

It was wrong to trust my friend to move here....
No one wants to be defeated~
  • #3,694
  • Nov 7, 2011 5:19pm Nov 7, 2011 5:19pm
EU 4 pips right now holy moly some one is making alot of pips wow.
  • #3,695
  • Nov 7, 2011 6:31pm Nov 7, 2011 6:31pm
what the... 12.5 pip spread on EURGBP.... this is getting outstanding
  • #3,696
  • Nov 7, 2011 6:32pm Nov 7, 2011 6:32pm
Come on... my trade is 10 pips positive on the graph, but negative pips because of the massive spread. This needs resolution.
"Don't Panic..."
  • #3,697
  • Nov 7, 2011 6:33pm Nov 7, 2011 6:33pm
come on wtf, entered with spread around 2-3 and now i am short spreads 11-12 pips, come on seriously can we get an answer here.
  • #3,698
  • Nov 7, 2011 6:34pm Nov 7, 2011 6:34pm
AU is 12 pips 2 minutes after the news mmmm something not right.
Gee the saga continues getting a bit scary how this stuff just goes on and on.
just went back to 3 pips 3 minutes after the news wow.
  • #3,699
  • Nov 7, 2011 6:34pm Nov 7, 2011 6:34pm
I see 11.7 now on Go EURUSD,
but 1.4 on OANDA
and 1.4 on Vantage

As I type it went back to 2.5 on Go...
  • #3,700
  • Nov 7, 2011 6:36pm Nov 7, 2011 6:36pm
Quoting sutters
AU is 12 pips 2 minutes after the news mmmm something not right.
Gee the saga continues getting a bit scary how this stuff just goes on and on.
just went back to 3 pips 3 minutes after the news wow.

GBPCHF 18.4 pips after AU news release.
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