Entering Trades

Whenever I execute and instant market trade, it never executes at the Price I actually want it at, it goes up around 10 points (I have a feeling it has something to do with the Spread?) Is there anything I can do to stop this?

I haven’t faced such a situation, but I’d recommend you to contact the support of your broker.
I would be doubtful if they are honest, but better ask them about what is happening.

I would [I][U]strongly[/U][/I] advise anyone for whom that’s the case to find a new broker [I]before entering another trade[/I]: it’s difficult enough to trade successfully, and the overall success-rates are quite low enough for nobody [I]voluntarily[/I] to stack the deck even further against themselves by using a broker they can’t even trust to be honest! :o

I am using Admiral Market’s Demo service

But I will now look for a new broker’s demo to use, thank you.

I’m not necessarily suggesting your broker’s dishonest … I was only replying to Mohdfx11’s observation that he thought they were (I don’t understand why).

As you say, it will doubtless be to do with the spread. All trades immediately entered are likely to show some sort of “minus”, for this reason. But whether anything is “wrong” depends on all kinds of things: which instrument you’re trading, what the spread is, whether the spread’s abnormal, whether there was a genuine and sudden price-movement, etc. etc. So it isn’t really possible to offer much advice/help just from the information in your initial post. (But for sure, if your broker really [I][U]is[/U][/I] dishonest, then leave!).

I don’t insist that they are really scam as I haven’t worked with this broker. I just have read sooo much stories about market makers that give their own quotes, but not the real ones!
Chris wrote about instant execution, so I find it strange that he closes orders with the other price (it’s possible with the market execution, but not with the instant one). Correct me if I’m mistaken, but I learn and try to work on Forex more than for a half a year and it seems to me that I understand what I’m saying here. :slight_smile:
Maybe it’s something wrong with their spread indeed, that’s why I said to contact the support. People on forum haven’t got much info to make correct decisions or to judge the company.
it’s better to look at what the support would say.
I met both positive feedback on Admiral markets, some people write that they are market makers.

@ChrisV96 , have you done this already? What was the outcome? It’d interesting to know.

I think you can stop this, is not your fault or something. This is a problem with the spreads that your broker has to resolve

I am not familiar with Admiral Markets but it would be better if you just contact them directly and describe the situation. If this is happening all the time then something must be wrong. Hope they can logically explain what is the issue.

I’m not sure why are you facing this issue, however you must ask your broker regarding this. They might explain you better. But I would suggest you to just make sure if your broker is not a market maker as there are chances of requiting with them. Always go for pure ECN brokers who provide spread directly from the liquidity providers and hence there are no chance of requotes and markups.