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Old 29th-July-2010, 12:00 PM   #1301
ipndasno
 
Join Date: Jul 2010
Posts: 4
Default Re: Go Markets any good for forex?

Thankyou Blogandson,

You have made some great claims.

The broker default is not uncommon in the FX market considering that these brokers are only suppose to earn a small commission as being a middle man which sends our orders into the Real market.

However, we all know that 90% of these Brokers and 98% of all Metatrader brokers do not execute our orders, but only offset our positions or even worse, Hold all our positions on the sideline and wait for the market and leverage to Bust our accounts allowing the broker to take all of our funds.. This is Really what takes place. Considering the discentralized market, FX trading is the riskiest market to trade and invest, I am sure you have heard horror stories or both sucessdul traders that cannot withdraw profits (deleted right on the Platform) and also many stories of Stop outed, slippage and Many reqoutes along the way.

If you are new or an experienced trader, Please ignore ALL MetaQuotes related Brokers and only use a BANK. saxobank, dukascopy, Morgan stanley, And 20 others... Now these Banks do offer FX, and they offer liqiudity as well and are not Just a middle man, But a legimate FX provider. These Platforms are better than MetaTrader, even though that some including Dukascopy understand their customers and they Only Support Mt4 because this platform was the Beginning of Retail FX. It's used for a marketing approach and nothing more.

The only reason Why i still use Mt4 and Mt4 brokers is that . Using these brokers are the Only way to Document My trading activity Publicly by using Myfxbook. Beyond this fact, I would never use Meta Anything. I keep 90% of my funds With Real banks and 10% to display my trading activity.

Sorry for the typos and being a hater on Mt4. But this "metaquotes" was designed to be a Shady business operation. Why Else would a Financial platform be TICK DRIVEN

Also Google MetaQoutes Broker Plugin and see for yourself about HOW these brokers can Screw us 24/7!
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Old 21st-August-2010, 07:00 PM   #1302
eyeballkid88
 
Join Date: Aug 2010
Posts: 5
Default Re: Go Markets any good for forex?

Interesting stuff...
eyeballkid88 is online now   Reply With Quote
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