GFT Forex

After switching to The CollFx I will never go back to those POS bucket shops. The spreads are insanely low. I average 3.4 on Gbp/Jpy and .6 on Eur/Usd. I paid .2 and .3 today on Usd/Jpy.

 

Here are current spreads...

 

I googled CollFX and all I came up with was a user name at another forum.

Do you have the web address?

 

Look at forex peace army's broker page. You can find a link there.

 

I couldn't find them either, they must go under a different name or something

 

I found them here:

http://www.the************.com/index.html

Interesting concept, but probably not for me right now. I like the spreads, but I do not know if I'd want to pay a monthly fee to get them. Also, I am not sure exactly where my money would be, who would be holding it, and what assurances I'd have that if there were a problem I'd get it back. I'm still waiting on a check from Refco! (I'm almost at the point where I can type "lol" after "Refco").

 

Hi Cabletrader,

Here is an interesting note given your experience of a few years back. Today I went short AUD/JPY at 78.86, with a take profit at 78.46. I did this trade with FXCM and in my GFT demo acount. The real money FXCM filled me for +40. The GFT demo never filled me at 78.46, in spite of the bid/ask dropping several times to 42/45.

If that was a real money account I'd be po'd.

 

Trying another short - we will see how GFT does on this one. Short at 78.72, Stop loss at 78.92, Take Profit at 78.42

 

Spread just opened up to 4 pips from 3 on AJ ... a 33% increase in spread at GFT's will!

 

lol, it's fate, I'm destined not to find it so I guess I should take that as a sign