been trading for months…I used FOREX.com and currently using FXCM.
When I was trading on Forex.com my losses were very minimal and I made pretty good profits from scaplping using large lots but their trading station was kinda low tech, and the execution of enter/exit trade seems a little delayed…
I loved FXCM’s trading station…it was much easier to enter or exit a trade, i’ve been trading with for a month now, but it feels twice as hard for me to make profits… I would make small profits then lose it again… and again and again… their spread seems exactly the same… I don’t know what’s wrong, if it’s just the movement of market was in my favor when I was trading with Forex.com or if it’s something else…
Any recommendation other than FXCM or FOrex appreciated…
My wishlist on trading:
-able to scalp
-no dealing desk
-streaming news
My experience exactly with FXCM … I lost nearly all my account there. Thankfully someone told me about FX Solutions. I was able to open a micro account (could no longer afford a mini one) and now I am gradually making it back again. I am not sure HOW fxcm did it … except for a few obvious tricks they pulled to grab some of my money … but the account just kept getting smaller.
I opened an account with FX Solutions within a few hours online, including funding. So far they have been great … trading platform MUCH better than fxcm … much more information so now I know exactly how I stand in terms of leverage (which can be changed on the fly at any time), margin use, etc. Orders executed flawlessly … no problem adding or withdrawing money.
I wish I had found them first and not lost so much with fxcm
I 'm Compare 3 platform which i been using for the past. Saxo bank, Oanda & FXCM . The best and easy for executed the trade by fxcm but their leverage high 1:100 resulted lost on your capital if you don’t proceed with excellent trade setup. I adv you change to Oanda with lower leverage because you winning % less and you need to use lower leverage . Also you trading style more concern on scalping & if you not monitor the higher time frame like 5 min or 15 min chart while scalping , can resulted higher lost. thsi is what happen you , if i,m not ,mistaken.