Quote:
Originally Posted by sieger007
I wondered - could Mt4 be programmed to go 180 deg against your position, so as to take u off completely ?
I dont really understand - is that what we call " dealing desk" or is this a common exp with all half baked folks like me.Could this be just an "impression" and the real fault is that I dont know Fx trading- more Homework is needed ?
But that why this sudden - anti profit behavior of IBFX now that was not earlier ?
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That is why I prefer having MT4 with a data stream that is different than my broker. I only want my broker to have a good trading platform, fast executions, no stop-hunting etc. I prefer to keep my charts with a separate data feed so I am not relying on only one source for price at any given moment. Often I have 2 (demo) MT4's up from 2 other brokers (ODL and IBFX) for even more comparison. This way I can also try specific strategies in my demo accounts while trading live in my real one.
I do not recommend FXCM, when I was with them every time I put a stop, it was taken out. I am with FX Solutions now, much better platform, better executions, better keeping track of trades and so far not one of my stops has been taken (I use pretty generous stops if I make them visible).
EFX has been bought by MB Trading. MBT is reliable & honest .. but they still have to figure out how the internet works
Their trading platform is basically sucks and their funding options are rather prehistoric. Two weeks to fund an account unless you want to pay wire fees. With FX Solutions I was approved and funded in less than 3 hours.
